lululemon athletica inc. $LULU Shares Acquired by Franklin Street Advisors Inc. NC

Franklin Street Advisors Inc. NC increased its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 0.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,891 shares of the apparel retailer’s stock after acquiring an additional 698 shares during the quarter. lululemon athletica accounts for about 1.4% of Franklin Street Advisors Inc. NC’s holdings, making the stock its 26th largest position. Franklin Street Advisors Inc. NC’s holdings in lululemon athletica were worth $22,782,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. N.E.W. Advisory Services LLC acquired a new stake in shares of lululemon athletica during the first quarter valued at approximately $25,000. Cornerstone Planning Group LLC raised its holdings in shares of lululemon athletica by 506.3% during the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock valued at $26,000 after acquiring an additional 81 shares during the period. Flaharty Asset Management LLC acquired a new stake in shares of lululemon athletica during the first quarter valued at approximately $29,000. Zions Bancorporation National Association UT acquired a new stake in shares of lululemon athletica during the first quarter valued at approximately $31,000. Finally, Garde Capital Inc. acquired a new stake in shares of lululemon athletica during the first quarter valued at approximately $35,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica Trading Down 1.5%

NASDAQ LULU opened at $175.59 on Friday. The company has a fifty day simple moving average of $187.64 and a 200 day simple moving average of $242.05. The company has a market cap of $20.82 billion, a P/E ratio of 11.94, a P/E/G ratio of 11.14 and a beta of 1.07. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32.

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

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of the sale, the insider directly owned 8,993 shares of the company’s stock, valued at $1,600,754. This represents a 6.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

LULU has been the topic of several research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of lululemon athletica in a research note on Saturday, September 27th. KeyCorp lowered shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, September 9th. Bank of America dropped their price objective on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research note on Friday, September 12th. TD Securities dropped their price objective on shares of lululemon athletica from $298.00 to $220.00 and set a “buy” rating on the stock in a research note on Friday, September 5th. Finally, UBS Group dropped their price objective on shares of lululemon athletica from $240.00 to $185.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $233.33.

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.