53,000 Shares in lululemon athletica inc. $LULU Acquired by Headwater Capital Co Ltd

Headwater Capital Co Ltd bought a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, Holdings Channel.com reports. The fund bought 53,000 shares of the apparel retailer’s stock, valued at approximately $12,592,000. lululemon athletica comprises approximately 4.4% of Headwater Capital Co Ltd’s investment portfolio, making the stock its 8th largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. N.E.W. Advisory Services LLC purchased a new stake in shares of lululemon athletica during the 1st quarter worth $25,000. Flaharty Asset Management LLC purchased a new position in lululemon athletica in the first quarter valued at about $29,000. Blue Trust Inc. raised its holdings in lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new stake in shares of lululemon athletica during the second quarter valued at about $30,000. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of lululemon athletica during the first quarter valued at about $31,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on LULU shares. UBS Group reduced their price objective 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. Baird R W downgraded lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Piper Sandler lowered their price objective on lululemon athletica from $200.00 to $165.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. Stifel Nicolaus restated a “hold” rating and set a $205.00 target price (down from $324.00) on shares of lululemon athletica in a research note on Friday, September 5th. Finally, Bank of America decreased their price target on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a research note on Friday, September 12th. One 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $227.68.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $166.06 on Thursday. The stock has a market cap of $19.69 billion, a PE ratio of 11.29, a price-to-earnings-growth ratio of 10.64 and a beta of 1.07. The firm has a fifty day moving average price of $170.87 and a 200 day moving average price of $216.59. 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 results 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 net margin of 16.38% and a return on equity of 42.05%. The firm’s revenue was up 6.5% on a year-over-year basis. During the same period in the prior 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. As a group, equities analysts expect that lululemon athletica inc. will post 14.36 EPS for the current year.

Insiders Place Their Bets

In other news, insider Nicole Neuburger sold 615 shares of the firm’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 sale, the insider owned 8,993 shares of the company’s stock, valued at $1,600,754. This trade represents a 6.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.54% of the company’s stock.

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.