Blue Trust Inc. Boosts Stake in lululemon athletica inc. $LULU

Blue Trust Inc. lifted its holdings in lululemon athletica inc. (NASDAQ:LULU) by 96.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 124 shares of the apparel retailer’s stock after buying an additional 61 shares during the period. Blue Trust Inc.’s holdings in lululemon athletica were worth $29,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. T. Rowe Price Investment Management Inc. raised its stake in lululemon athletica by 151.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer’s stock worth $218,052,000 after purchasing an additional 464,186 shares during the period. Nuveen LLC purchased a new position in lululemon athletica during the first quarter worth about $123,894,000. Alliancebernstein L.P. raised its stake in lululemon athletica by 9.0% during the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after purchasing an additional 394,706 shares during the period. Price T Rowe Associates Inc. MD raised its stake in lululemon athletica by 3.3% during the first 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 purchasing an additional 162,295 shares during the period. Finally, Diamond Hill Capital Management Inc. raised its stake in lululemon athletica by 16.6% during the first quarter. Diamond Hill Capital Management Inc. now owns 1,128,607 shares of the apparel retailer’s stock worth $319,463,000 after purchasing an additional 160,897 shares during the period. 85.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the business’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 completion of the transaction, the insider owned 8,993 shares in the company, valued at $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

LULU has been the topic of a number of analyst reports. Jefferies Financial Group reduced their target price on shares of lululemon athletica from $150.00 to $120.00 and set an “underperform” rating on the stock in a research note on Monday, October 6th. JPMorgan Chase & Co. reduced 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 note on Friday, September 5th. Stifel Nicolaus reaffirmed 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. Hsbc Global Res downgraded shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 11th. Finally, Telsey Advisory Group downgraded shares of lululemon athletica from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $360.00 to $200.00 in a research note on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, lululemon athletica currently has a consensus rating of “Hold” and an average target price of $231.26.

lululemon athletica Stock Performance

Shares of LULU stock opened at $167.41 on Friday. The stock has a market capitalization of $19.85 billion, a P/E ratio of 11.38, a price-to-earnings-growth ratio of 10.46 and a beta of 1.07. The company has a 50 day moving average price of $181.67 and a 200 day moving average price of $231.47. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, beating analysts’ consensus estimates of $2.86 by $0.24. The firm had revenue of $2.53 billion during 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 quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. On average, research analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

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.