lululemon athletica inc. $LULU Position Reduced by Ingalls & Snyder LLC

Ingalls & Snyder LLC trimmed its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 23.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,957 shares of the apparel retailer’s stock after selling 592 shares during the quarter. Ingalls & Snyder LLC’s holdings in lululemon athletica were worth $465,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new position in shares of lululemon athletica in the 1st quarter worth about $25,000. Cornerstone Planning Group LLC lifted its position in shares of lululemon athletica by 506.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock worth $26,000 after buying an additional 81 shares during the last quarter. Flaharty Asset Management LLC bought a new position in shares of lululemon athletica in the 1st quarter worth about $29,000. Blue Trust Inc. lifted its position in shares of lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after buying an additional 61 shares during the last quarter. Finally, Trust Co. of Toledo NA OH bought a new position in shares of lululemon athletica in the 2nd quarter worth about $30,000. 85.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. KeyCorp downgraded shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, September 9th. Hsbc Global Res downgraded shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 11th. Oppenheimer reiterated a “market perform” rating and issued a $500.00 price objective on shares of lululemon athletica in a research report on Friday, September 5th. BTIG Research reiterated a “buy” rating and issued a $303.00 price objective on shares of lululemon athletica in a research report on Friday, October 17th. Finally, Bank of America cut their price objective on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research report on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twenty-nine have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $228.42.

lululemon athletica Trading Down 0.5%

LULU stock opened at $178.17 on Monday. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32. The company has a market capitalization of $21.13 billion, a price-to-earnings ratio of 12.11, a price-to-earnings-growth ratio of 11.14 and a beta of 1.07. The firm’s 50-day moving average is $179.99 and its two-hundred day moving average is $228.45.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the previous year, the firm earned $3.15 EPS. lululemon athletica’s revenue 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. On average, equities research analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insider Activity at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the business’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 sale, the insider directly owned 8,993 shares in the company, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company 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.