Tilia Fiduciary Partners Inc. boosted its position in lululemon athletica inc. (NASDAQ:LULU – Free Report) by 1.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 9,293 shares of the apparel retailer’s stock after buying an additional 148 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in lululemon athletica were worth $2,208,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC purchased a new position in lululemon athletica in the 1st quarter valued at $25,000. Cornerstone Planning Group LLC boosted its position in shares of lululemon athletica by 506.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock worth $26,000 after purchasing an additional 81 shares in the last quarter. Flaharty Asset Management LLC purchased a new stake in shares of lululemon athletica during the 1st quarter worth $29,000. Zions Bancorporation National Association UT purchased a new stake in shares of lululemon athletica during the 1st quarter worth $31,000. Finally, Garde Capital Inc. purchased a new stake in shares of lululemon athletica during the 1st quarter worth $35,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
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 completion of the transaction, the insider owned 8,993 shares of the company’s stock, valued at $1,600,754. This represents a 6.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.54% of the company’s stock.
lululemon athletica Trading Down 1.5%
lululemon athletica (NASDAQ:LULU – Get Free Report) last announced 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. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter in the previous year, the company posted $3.15 EPS. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. 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, research analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current year.
Analyst Upgrades and Downgrades
LULU has been the topic of several research analyst reports. Evercore ISI restated an “in-line” rating and set a $180.00 target price (down from $265.00) on shares of lululemon athletica in a research report on Friday, September 5th. CICC Research restated a “market perform” rating and set a $280.49 target price on shares of lululemon athletica in a research report on Monday, June 9th. Needham & Company LLC restated a “hold” rating and set a $192.00 target price on shares of lululemon athletica in a research report on Thursday, September 25th. BMO Capital Markets decreased their target price on shares of lululemon athletica from $302.00 to $250.00 and set a “market perform” rating on the stock in a research report on Friday, June 6th. Finally, JPMorgan Chase & Co. decreased their target price on shares of lululemon athletica from $224.00 to $191.00 and set a “neutral” rating on the stock in a research 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 assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $233.33.
Get Our Latest Stock Report on lululemon athletica
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.
Further Reading
- Five stocks we like better than lululemon athletica
- What is Short Interest? How to Use It
- After Trump Deal, Can Meta Stock Withstand TikTok’s Onslaught?
- What is a Secondary Public Offering? What Investors Need to Know
- Alphabet: After Its Best Quarter in Decades, Is It Time to Buy?
- How Can Investors Benefit From After-Hours Trading
- Forget Airlines—These Trucking Stocks Are Shifting Into High Gear
Want to see what other hedge funds are holding LULU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for lululemon athletica inc. (NASDAQ:LULU – Free Report).
Receive News & Ratings for lululemon athletica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for lululemon athletica and related companies with MarketBeat.com's FREE daily email newsletter.