Ontario Teachers Pension Plan Board decreased its stake in lululemon athletica inc. (NASDAQ:LULU – Free Report) by 33.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,584 shares of the apparel retailer’s stock after selling 2,746 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in lululemon athletica were worth $1,327,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Sandler Capital Management purchased a new position in shares of lululemon athletica in the first quarter valued at approximately $484,000. Twin Capital Management Inc. raised its stake in lululemon athletica by 58.3% in the 1st quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer’s stock valued at $1,041,000 after purchasing an additional 1,354 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in lululemon athletica in the 2nd quarter valued at $17,747,000. K.J. Harrison & Partners Inc boosted its stake in lululemon athletica by 100.1% during the 2nd quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock worth $1,426,000 after purchasing an additional 3,002 shares during the last quarter. Finally, WealthPlan Investment Management LLC grew its holdings in shares of lululemon athletica by 26.9% during the first quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock worth $2,165,000 after buying an additional 1,622 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.
Insider Buying and Selling at lululemon athletica
In related news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the sale, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.54% of the company’s stock.
lululemon athletica Price Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) last released its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating analysts’ consensus estimates of $2.86 by $0.24. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the firm posted $3.15 earnings per share. 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, research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current year.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Piper Sandler decreased 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. Hsbc Global Res downgraded shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 11th. William Blair cut lululemon athletica from an “outperform” rating to a “market perform” rating in a report on Friday, September 5th. BNP Paribas upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. Finally, KeyCorp cut lululemon athletica from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirty have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, lululemon athletica presently has an average rating of “Hold” and an average price target of $228.42.
Read Our Latest Research Report on LULU
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.
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