lululemon athletica inc. $LULU Holdings Decreased by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS reduced its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 27.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 40,700 shares of the apparel retailer’s stock after selling 15,500 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in lululemon athletica were worth $7,242,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC acquired a new position in lululemon athletica in the first quarter worth $29,000. Blue Trust Inc. lifted its position in shares of lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after buying an additional 61 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new position in shares of lululemon athletica in the 2nd quarter valued at about $30,000. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of lululemon athletica by 464.0% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 116 shares during the period. Finally, Tradewinds Capital Management LLC grew its position in shares of lululemon athletica by 18,400.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock valued at $33,000 after buying an additional 184 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica Stock Performance

Shares of LULU opened at $203.90 on Friday. lululemon athletica inc. has a one year low of $159.25 and a one year high of $423.32. The stock’s fifty day moving average is $189.38 and its 200-day moving average is $193.78. The firm has a market capitalization of $23.92 billion, a price-to-earnings ratio of 14.13, a price-to-earnings-growth ratio of 13.08 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. During the same period last year, the firm posted $2.53 earnings per share. The business’s revenue was up 7.1% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. Analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insider Activity

In other news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the sale, the insider owned 5,318 shares of the company’s stock, valued at approximately $1,084,872. The trade was a 71.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on LULU. BNP Paribas Exane raised their target price on shares of lululemon athletica from $146.00 to $230.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. BNP Paribas upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. JPMorgan Chase & Co. increased their target price on lululemon athletica from $191.00 to $203.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Evercore ISI boosted their price target on shares of lululemon athletica from $180.00 to $215.00 in a report on Friday, December 12th. Finally, Guggenheim began coverage on shares of lululemon athletica in a research report on Wednesday, December 10th. They set a “neutral” rating for the company. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty-three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $228.19.

About lululemon athletica

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.