Vanguard Group Inc. Sells 5,927 Shares of lululemon athletica inc. $LULU

Vanguard Group Inc. decreased its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 0.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,261,002 shares of the apparel retailer’s stock after selling 5,927 shares during the period. Vanguard Group Inc. owned approximately 11.07% of lululemon athletica worth $3,150,549,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC bought a new position in lululemon athletica during the 4th quarter valued at about $429,000. IFP Advisors Inc boosted its position in shares of lululemon athletica by 22.8% during the first quarter. IFP Advisors Inc now owns 706 shares of the apparel retailer’s stock valued at $200,000 after buying an additional 131 shares during the period. Crestwood Advisors Group LLC grew its stake in shares of lululemon athletica by 3.6% during the first quarter. Crestwood Advisors Group LLC now owns 1,631 shares of the apparel retailer’s stock valued at $462,000 after buying an additional 57 shares during the last quarter. Choreo LLC raised its holdings in shares of lululemon athletica by 8.4% in the first quarter. Choreo LLC now owns 4,516 shares of the apparel retailer’s stock worth $1,278,000 after buying an additional 351 shares during the period. Finally, KLP Kapitalforvaltning AS raised its holdings in shares of lululemon athletica by 42.5% in the first quarter. KLP Kapitalforvaltning AS now owns 55,300 shares of the apparel retailer’s stock worth $15,653,000 after buying an additional 16,500 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Insider Transactions at lululemon athletica

In other lululemon athletica 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 transaction, the insider owned 8,993 shares in the company, valued at $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Barclays reduced their target price on lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Friday, September 5th. Piper Sandler dropped their target price 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. Oppenheimer reaffirmed a “market perform” rating and set a $500.00 target price on shares of lululemon athletica in a research report on Friday, September 5th. Bank of America lowered their price target on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a report on Friday, September 12th. Finally, Baird R W cut lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 23rd. One 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $227.68.

lululemon athletica Stock Down 0.8%

Shares of LULU stock opened at $164.69 on Friday. The firm has a market cap of $19.53 billion, a price-to-earnings ratio of 11.20, a PEG ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a 52-week low of $159.25 and a 52-week high of $423.32. The company’s 50 day moving average is $170.84 and its 200 day moving average is $216.23.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping 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 company 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 earned $3.15 earnings per share. lululemon athletica’s 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. Analysts anticipate that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

lululemon athletica Company 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.