KPP Advisory Services LLC Grows Stock Position in lululemon athletica inc. $LULU

KPP Advisory Services LLC grew its position in lululemon athletica inc. (NASDAQ:LULU) by 31.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,181 shares of the apparel retailer’s stock after acquiring an additional 754 shares during the quarter. KPP Advisory Services LLC’s holdings in lululemon athletica were worth $756,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. N.E.W. Advisory Services LLC purchased a new position in shares of lululemon athletica in the first quarter valued at approximately $25,000. Cornerstone Planning Group LLC increased its holdings in shares of lululemon athletica by 506.3% in the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock valued at $26,000 after purchasing an additional 81 shares during the last quarter. Flaharty Asset Management LLC acquired a new stake in shares of lululemon athletica in the first quarter valued at approximately $29,000. Zions Bancorporation National Association UT acquired a new stake in shares of lululemon athletica in the first quarter valued at approximately $31,000. Finally, Blue Trust Inc. increased its holdings in shares of lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after purchasing an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Insider Activity at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the firm’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 completion of the transaction, the insider directly owned 8,993 shares in the company, valued at $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.54% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on LULU. JPMorgan Chase & Co. cut their price target on lululemon athletica from $224.00 to $191.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Baird R W cut lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd. Sanford C. Bernstein cut lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price target for the company. in a report on Thursday, October 16th. Dbs Bank cut their price target on lululemon athletica from $165.00 to $134.00 in a report on Friday, September 19th. Finally, William Blair cut lululemon athletica from an “outperform” rating to a “market perform” rating in a report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twenty-nine have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $228.42.

lululemon athletica Stock Up 0.4%

LULU stock opened at $179.06 on Friday. The business has a fifty day moving average of $180.40 and a two-hundred day moving average of $229.37. The stock has a market cap of $21.23 billion, a price-to-earnings ratio of 12.17, a price-to-earnings-growth ratio of 11.14 and a beta of 1.07. lululemon athletica inc. has a 52-week low of $159.25 and a 52-week 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 (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.24. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm 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. As a group, sell-side analysts anticipate that lululemon athletica inc. will post 14.36 EPS for the current year.

lululemon athletica Company 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.