Los Angeles Capital Management LLC Reduces Stock Position in lululemon athletica inc. $LULU

Los Angeles Capital Management LLC trimmed its position in lululemon athletica inc. (NASDAQ:LULU) by 91.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,720 shares of the apparel retailer’s stock after selling 344,970 shares during the period. Los Angeles Capital Management LLC’s holdings in lululemon athletica were worth $7,536,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of LULU. N.E.W. Advisory Services LLC acquired a new stake in shares of lululemon athletica in the 1st quarter worth about $25,000. Flaharty Asset Management LLC acquired a new stake in lululemon athletica during the first quarter valued at approximately $29,000. Blue Trust Inc. grew its holdings 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 acquiring an additional 61 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new stake in shares of lululemon athletica during the second quarter valued at approximately $30,000. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of lululemon athletica in the first quarter valued at $31,000. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Trading Up 1.6%

Shares of NASDAQ:LULU opened at $166.13 on Monday. The firm has a market capitalization of $19.70 billion, a PE ratio of 11.29, a PEG ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The business’s 50 day moving average is $173.40 and its 200-day moving average is $221.98.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, beating the consensus estimate of $2.86 by $0.24. The business had revenue of $2.53 billion for 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 firm’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business earned $3.15 EPS. 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, sell-side analysts predict that lululemon athletica inc. will post 14.36 EPS for the current year.

Insider Activity at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value of $109,470.00. Following the sale, the insider owned 8,993 shares of the company’s stock, valued at $1,600,754. The trade was a 6.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have commented on LULU shares. 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 report on Friday, September 12th. JPMorgan Chase & Co. decreased their target price on lululemon athletica from $224.00 to $191.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. KeyCorp lowered shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, September 9th. HSBC downgraded shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price objective for the company. in a report on Thursday, September 11th. Finally, Zacks Research raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirty have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $228.42.

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.