Private Trust Co. NA Cuts Stock Position in lululemon athletica inc. $LULU

Private Trust Co. NA cut its holdings in lululemon athletica inc. (NASDAQ:LULU) by 68.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 120 shares of the apparel retailer’s stock after selling 259 shares during the quarter. Private Trust Co. NA’s holdings in lululemon athletica were worth $29,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of lululemon athletica by 1.2% in 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 purchasing an additional 157,764 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of lululemon athletica by 3.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock valued at $1,418,389,000 after purchasing an additional 162,295 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of lululemon athletica by 9.0% in the first 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. Flossbach Von Storch SE grew its holdings in shares of lululemon athletica by 10.3% in the first quarter. Flossbach Von Storch SE now owns 1,401,885 shares of the apparel retailer’s stock valued at $396,818,000 after purchasing an additional 130,565 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of lululemon athletica by 7.2% in the first quarter. Invesco Ltd. now owns 1,387,609 shares of the apparel retailer’s stock valued at $392,777,000 after purchasing an additional 93,530 shares in the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Trading Down 0.5%

Shares of LULU opened at $178.17 on Friday. The firm has a market capitalization of $21.13 billion, a P/E ratio of 12.11, a P/E/G ratio of 11.19 and a beta of 1.07. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $423.32. The firm has a fifty day moving average price of $179.99 and a 200-day moving average price of $228.89.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) 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 analyst estimates of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The business’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous 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. Analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. cut their target price on shares of lululemon athletica from $224.00 to $191.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Hsbc Global Res cut shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 11th. KeyCorp cut shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, September 9th. The Goldman Sachs Group cut their price objective on shares of lululemon athletica from $232.00 to $200.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. Finally, Baird R W cut shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. One equities research 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 given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $228.42.

Insider Activity

In other 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 completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.54% of the company’s stock.

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.