Cromwell Holdings LLC Cuts Position in lululemon athletica inc. $LULU

Cromwell Holdings LLC reduced its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 71.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 109 shares of the apparel retailer’s stock after selling 271 shares during the quarter. Cromwell Holdings LLC’s holdings in lululemon athletica were worth $26,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. N.E.W. Advisory Services LLC purchased a new stake in lululemon athletica during the 1st quarter worth $25,000. Cornerstone Planning Group LLC lifted its stake in shares of lululemon athletica by 506.3% during the first 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 acquired a new position in shares of lululemon athletica during the first quarter worth about $29,000. Zions Bancorporation National Association UT purchased a new stake in shares of lululemon athletica in the first quarter worth about $31,000. Finally, Garde Capital Inc. acquired a new stake in shares of lululemon athletica in the first quarter valued at about $35,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Robert W. Baird reissued a “neutral” rating and set a $195.00 price target (down from $225.00) on shares of lululemon athletica in a research report on Tuesday, September 23rd. Wells Fargo & Company reduced their target price on shares of lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating on the stock in a research report on Friday, September 5th. Bank of America decreased their target price on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a research note on Friday, September 12th. Piper Sandler dropped their price target on shares of lululemon athletica from $200.00 to $165.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Finally, HSBC lowered shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price objective on the stock. in a report on Thursday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $233.33.

Insider Activity

In other news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the transaction, the insider directly owned 8,993 shares in the company, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.54% of the company’s stock.

lululemon athletica Stock Down 1.5%

NASDAQ:LULU opened at $175.59 on Friday. The company has a market cap of $20.82 billion, a PE ratio of 11.94, a P/E/G ratio of 11.14 and a beta of 1.07. The business’s 50 day moving average is $187.64 and its two-hundred day moving average is $242.05. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results 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. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the previous year, the business earned $3.15 EPS. The business’s quarterly 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. As a group, sell-side analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

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.