Curated Wealth Partners LLC Reduces Position in lululemon athletica inc. $LULU

Curated Wealth Partners LLC lessened its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,822 shares of the apparel retailer’s stock after selling 64 shares during the period. Curated Wealth Partners LLC’s holdings in lululemon athletica were worth $670,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Sandler Capital Management purchased a new position in shares of lululemon athletica during the first quarter valued at approximately $484,000. Twin Capital Management Inc. boosted its position in shares of lululemon athletica by 58.3% during the first quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer’s stock valued at $1,041,000 after buying an additional 1,354 shares during the period. Narwhal Capital Management boosted its position in shares of lululemon athletica by 262.7% during the first quarter. Narwhal Capital Management now owns 18,777 shares of the apparel retailer’s stock valued at $5,315,000 after buying an additional 13,600 shares during the period. Sawgrass Asset Management LLC purchased a new position in shares of lululemon athletica during the first quarter valued at approximately $9,209,000. Finally, WealthPlan Investment Management LLC boosted its holdings in shares of lululemon athletica by 26.9% in the first quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock valued at $2,165,000 after purchasing an additional 1,622 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on LULU. Needham & Company LLC reiterated a “hold” rating and issued a $192.00 price target on shares of lululemon athletica in a report on Thursday, September 25th. The Goldman Sachs Group lowered their price target on lululemon athletica from $232.00 to $200.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Barclays lowered their price target on lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating for the company in a report on Friday, September 5th. Dbs Bank lowered their price target on lululemon athletica from $165.00 to $134.00 in a report on Friday, September 19th. Finally, Wells Fargo & Company lowered their price target on lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating for the company in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, lululemon athletica currently has an average rating of “Hold” and an average target price of $232.29.

lululemon athletica Stock Down 0.4%

lululemon athletica stock opened at $169.13 on Wednesday. The business has a fifty day moving average of $183.23 and a two-hundred day moving average of $233.88. The firm has a market cap of $20.06 billion, a P/E ratio of 11.50, a P/E/G ratio of 10.62 and a beta of 1.07. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $423.32.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.lululemon athletica’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.15 earnings per share. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Equities analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the transaction, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Profile

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.