Lafayette Investments Inc. Has $280,000 Stake in lululemon athletica inc. $LULU

Lafayette Investments Inc. boosted its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 16.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,180 shares of the apparel retailer’s stock after acquiring an additional 165 shares during the period. Lafayette Investments Inc.’s holdings in lululemon athletica were worth $280,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LULU. N.E.W. Advisory Services LLC acquired a new position in lululemon athletica during the 1st quarter worth $25,000. Cornerstone Planning Group LLC lifted its position in 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 acquiring an additional 81 shares during the last quarter. Flaharty Asset Management LLC acquired a new position in lululemon athletica during the 1st quarter worth $29,000. Blue Trust Inc. lifted its position in lululemon athletica by 96.8% during the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after acquiring an additional 61 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new position in lululemon athletica during the 2nd quarter worth $30,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica Stock Up 3.0%

NASDAQ:LULU opened at $172.43 on Tuesday. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $423.32. The firm has a market capitalization of $20.45 billion, a PE ratio of 11.72, a price-to-earnings-growth ratio of 10.46 and a beta of 1.07. The firm has a 50-day moving average price of $181.39 and a 200 day moving average price of $230.66.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $2.55 billion. During the same quarter in the prior year, the business posted $3.15 earnings per share. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. 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 expect that lululemon athletica inc. will post 14.36 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on LULU shares. Bank of America cut their price objective on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a research report on Friday, September 12th. Sanford C. Bernstein lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price objective for the company. in a research report on Thursday, October 16th. UBS Group cut their price objective on shares of lululemon athletica from $240.00 to $185.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. Oppenheimer reaffirmed a “market perform” rating and set a $500.00 price objective on shares of lululemon athletica in a research report on Friday, September 5th. Finally, Piper Sandler cut their price objective on shares of lululemon athletica from $200.00 to $165.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $228.42.

Insider Transactions at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the 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 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by company insiders.

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.