Eagle Strategies LLC Has $697,000 Stock Holdings in lululemon athletica inc. $LULU

Eagle Strategies LLC lessened its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 5.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,935 shares of the apparel retailer’s stock after selling 170 shares during the quarter. Eagle Strategies LLC’s holdings in lululemon athletica were worth $697,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Manhattan West Asset Management LLC increased its holdings in lululemon athletica by 5.4% during the 1st quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer’s stock worth $205,000 after purchasing an additional 37 shares in the last quarter. Horizon Investments LLC lifted its stake in lululemon athletica by 2.4% in the first quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer’s stock valued at $456,000 after purchasing an additional 38 shares during the last quarter. GM Advisory Group LLC lifted its position in shares of lululemon athletica by 2.0% during the first quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer’s stock worth $564,000 after acquiring an additional 40 shares in the last quarter. Hancock Whitney Corp raised its position in shares of lululemon athletica by 4.6% in the first quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock worth $269,000 after buying an additional 42 shares in the last quarter. Finally, UMB Bank n.a. raised its position in shares of lululemon athletica by 6.3% in the first quarter. UMB Bank n.a. now owns 744 shares of the apparel retailer’s stock worth $211,000 after buying an additional 44 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Citigroup reduced their target price on lululemon athletica from $220.00 to $190.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. JPMorgan Chase & Co. dropped their target price on shares of lululemon athletica from $224.00 to $191.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of lululemon athletica in a research note on Wednesday. BTIG Research restated a “buy” rating and set a $303.00 target price on shares of lululemon athletica in a research report on Wednesday. Finally, Barclays cut their price target on shares of lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $232.29.

lululemon athletica Trading Up 1.0%

LULU opened at $174.82 on Thursday. The firm has a market capitalization of $20.73 billion, a PE ratio of 11.88, a PEG ratio of 10.82 and a beta of 1.07. The firm’s 50-day moving average price is $185.34 and its 200 day moving average price is $238.92. 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, 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 net margin of 16.38% and a return on equity of 42.05%. lululemon athletica’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business posted $3.15 EPS. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of 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 SEC, which is available at this link. 0.54% of the stock is currently owned by 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.