Rockefeller Capital Management L.P. Sells 22,553 Shares of lululemon athletica inc. $LULU

Rockefeller Capital Management L.P. reduced its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 23.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,358 shares of the apparel retailer’s stock after selling 22,553 shares during the period. Rockefeller Capital Management L.P.’s holdings in lululemon athletica were worth $17,666,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. T. Rowe Price Investment Management Inc. boosted its position in shares of lululemon athletica by 151.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer’s stock valued at $218,052,000 after buying an additional 464,186 shares during the last quarter. Nuveen LLC purchased a new position in shares of lululemon athletica during the 1st quarter worth $123,894,000. Geode Capital Management LLC grew its holdings in lululemon athletica by 16.2% during the second quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock valued at $700,502,000 after purchasing an additional 413,062 shares during the period. Alliancebernstein L.P. increased its holdings in lululemon athletica by 9.0% in the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after acquiring an additional 394,706 shares in the last quarter. Finally, Flossbach Von Storch SE boosted its holdings in lululemon athletica by 17.0% in the 2nd quarter. Flossbach Von Storch SE now owns 1,640,217 shares of the apparel retailer’s stock worth $389,683,000 after buying an additional 238,332 shares during the period. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Trading Down 0.1%

lululemon athletica stock opened at $163.97 on Wednesday. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $423.32. The stock’s 50 day simple moving average is $170.82 and its two-hundred day simple moving average is $216.94. The firm has a market cap of $19.44 billion, a PE ratio of 11.15, a P/E/G ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating the consensus estimate of $2.86 by $0.24. The company had revenue of $2.53 billion for 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 quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company 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. On average, equities research analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on LULU. Telsey Advisory Group cut shares of lululemon athletica from an “outperform” rating to a “market perform” rating and cut their target price for the company from $360.00 to $200.00 in a research note on Monday, September 15th. BNP Paribas upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. William Blair downgraded lululemon athletica from an “outperform” rating to a “market perform” rating in a research report on Friday, September 5th. UBS Group decreased their price target on shares of lululemon athletica from $185.00 to $183.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Bank of America dropped their target price on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a report on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirty have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, lululemon athletica has a consensus rating of “Hold” and an average target price of $227.68.

Insider Buying and Selling

In other news, insider Nicole Neuburger sold 615 shares of lululemon athletica 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 owned 8,993 shares in the company, valued at $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.54% of the company’s stock.

About lululemon athletica

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.