Northwest & Ethical Investments L.P. Reduces Stake in lululemon athletica inc. $LULU

Northwest & Ethical Investments L.P. lessened its holdings in lululemon athletica inc. (NASDAQ:LULU) by 6.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,138 shares of the apparel retailer’s stock after selling 2,881 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in lululemon athletica were worth $10,249,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sandler Capital Management purchased a new stake in lululemon athletica in the first quarter valued at $484,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of lululemon athletica during the 2nd quarter valued at about $17,747,000. K.J. Harrison & Partners Inc lifted its holdings in shares of lululemon athletica by 100.1% in the 2nd quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock valued at $1,426,000 after buying an additional 3,002 shares during the period. WealthPlan Investment Management LLC lifted its holdings in shares of lululemon athletica by 26.9% in the 1st quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock valued at $2,165,000 after buying an additional 1,622 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of lululemon athletica by 5.9% in the first quarter. Ameriprise Financial Inc. now owns 748,236 shares of the apparel retailer’s stock worth $211,704,000 after buying an additional 41,936 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Jefferies Financial Group reiterated an “underperform” rating on shares of lululemon athletica in a research report on Monday, October 27th. Oppenheimer reaffirmed a “market perform” rating and set a $500.00 target price on shares of lululemon athletica in a report on Friday, September 5th. Truist Financial downgraded shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 price target on the stock. in a report on Friday, September 5th. Weiss Ratings restated a “sell (d+)” rating on shares of lululemon athletica in a research report on Wednesday, October 8th. Finally, The Goldman Sachs Group decreased their price objective on shares of lululemon athletica from $200.00 to $180.00 and set a “neutral” rating for the company in a research report on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirty have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $227.68.

Insider Transactions at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of lululemon athletica stock in a transaction dated 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 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 SEC, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

lululemon athletica Stock Performance

Shares of NASDAQ LULU opened at $181.94 on Thursday. The firm has a fifty day moving average of $171.88 and a 200 day moving average of $212.91. The firm has a market cap of $21.58 billion, a PE ratio of 12.37, a PEG ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a one year low of $159.25 and a one year high of $423.32.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same period last year, the firm posted $3.15 earnings per share. The company’s 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, equities analysts predict 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.