Trust Co. of Toledo NA OH Takes Position in lululemon athletica inc. $LULU

Trust Co. of Toledo NA OH acquired a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 125 shares of the apparel retailer’s stock, valued at approximately $30,000.

A number of other hedge funds have also recently modified their holdings of the business. Manhattan West Asset Management LLC grew its position in shares of lululemon athletica by 5.4% during the 1st quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer’s stock valued at $205,000 after acquiring an additional 37 shares during the period. Horizon Investments LLC boosted its holdings in lululemon athletica by 2.4% in the 1st quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer’s stock worth $456,000 after buying an additional 38 shares during the period. GM Advisory Group LLC boosted its holdings in lululemon athletica by 2.0% in the 1st quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer’s stock worth $564,000 after buying an additional 40 shares during the period. Hancock Whitney Corp boosted its holdings in lululemon athletica by 4.6% in the 1st quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock worth $269,000 after buying an additional 42 shares during the period. Finally, Optimize Financial Inc boosted its holdings in lululemon athletica by 2.3% in the 1st quarter. Optimize Financial Inc now owns 2,043 shares of the apparel retailer’s stock worth $578,000 after buying an additional 45 shares during the period. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Trading Up 1.4%

Shares of NASDAQ LULU opened at $169.85 on Tuesday. The firm’s 50-day moving average price is $183.75 and its 200-day moving average price is $234.33. The stock has a market capitalization of $20.14 billion, a price-to-earnings ratio of 11.55, a P/E/G ratio of 10.47 and a beta of 1.07. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $423.32.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.24. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The business’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the company earned $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. On average, equities analysts predict that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. KeyCorp downgraded shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 9th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $205.00 target price (down previously from $324.00) on shares of lululemon athletica in a report on Friday, September 5th. Barclays dropped their target price on shares of 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 dropped their target price on shares of lululemon athletica from $165.00 to $134.00 in a report on Friday, September 19th. Finally, Sanford C. Bernstein dropped their target price on shares of lululemon athletica from $350.00 to $220.00 and set an “outperform” rating for the company in a report on Friday, September 5th. One equities 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $232.29.

Insider Activity

In other news, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider directly owned 8,993 shares in the company, valued at approximately $1,600,754. This represents a 6.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate 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.