Intech Investment Management LLC Sells 3,567 Shares of lululemon athletica inc. $LULU

Intech Investment Management LLC trimmed its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 24.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,922 shares of the apparel retailer’s stock after selling 3,567 shares during the period. Intech Investment Management LLC’s holdings in lululemon athletica were worth $2,595,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in lululemon athletica by 1.2% during the first quarter. Vanguard Group Inc. now owns 13,266,929 shares of the apparel retailer’s stock valued at $3,755,337,000 after acquiring an additional 157,764 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of lululemon athletica by 3.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock worth $1,418,389,000 after acquiring an additional 162,295 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of lululemon athletica by 9.0% in the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after purchasing an additional 394,706 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of lululemon athletica by 16.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock valued at $700,502,000 after purchasing an additional 413,062 shares in the last quarter. Finally, Flossbach Von Storch SE grew its holdings in shares of lululemon athletica by 17.0% during the 2nd quarter. Flossbach Von Storch SE now owns 1,640,217 shares of the apparel retailer’s stock valued at $389,683,000 after purchasing an additional 238,332 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction 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 transaction, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is currently owned by company insiders.

lululemon athletica Price Performance

LULU opened at $166.06 on Thursday. lululemon athletica inc. has a one year low of $159.25 and a one year high of $423.32. The business has a 50 day simple moving average of $170.87 and a two-hundred day simple moving average of $216.59. The firm has a market capitalization of $19.69 billion, a price-to-earnings ratio of 11.29, a PEG ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The business’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last 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. As a group, sell-side analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Analysts Set New Price Targets

LULU has been the subject of several recent research reports. Truist Financial downgraded shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 price target for the company. in a research note on Friday, September 5th. Needham & Company LLC reiterated a “hold” rating and issued a $192.00 price objective on shares of lululemon athletica in a report on Thursday, September 25th. Robert W. Baird reissued a “neutral” rating and issued a $195.00 target price (down previously from $225.00) on shares of lululemon athletica in a research note on Tuesday, September 23rd. Stifel Nicolaus restated a “hold” rating and set a $205.00 price target (down from $324.00) on shares of lululemon athletica in a research report on Friday, September 5th. Finally, Wells Fargo & Company lowered their price objective on lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating for the company in a research report on Friday, September 5th. One equities research 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $227.68.

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.