William Allan Corp grew its position in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) by 27.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,274 shares of the apparel retailer’s stock after purchasing an additional 1,562 shares during the period. William Allan Corp’s holdings in lululemon athletica were worth $1,728,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in LULU. T. Rowe Price Investment Management Inc. lifted its stake in lululemon athletica by 151.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer’s stock worth $218,052,000 after purchasing an additional 464,186 shares during the last quarter. Nuveen LLC bought a new stake in lululemon athletica during the first quarter worth about $123,894,000. Alliancebernstein L.P. lifted its stake in lululemon athletica by 9.0% during the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after purchasing an additional 394,706 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in lululemon athletica by 3.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock worth $1,418,389,000 after purchasing an additional 162,295 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. lifted its stake in lululemon athletica by 16.6% during the first quarter. Diamond Hill Capital Management Inc. now owns 1,128,607 shares of the apparel retailer’s stock worth $319,463,000 after purchasing an additional 160,897 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.
Insider Buying and Selling at lululemon athletica
In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the transaction, the insider owned 8,993 shares in the company, valued at approximately $1,600,754. This represents a 6.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.
lululemon athletica Price Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) 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 firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter in the prior year, the business earned $3.15 EPS. The business’s revenue for the quarter 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 expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have recently commented on LULU. Stifel Nicolaus reiterated a “hold” rating and issued a $205.00 price objective (down previously from $324.00) on shares of lululemon athletica in a report on Friday, September 5th. UBS Group decreased their price objective on lululemon athletica from $240.00 to $185.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Dbs Bank decreased their price objective on lululemon athletica from $165.00 to $134.00 in a report on Friday, September 19th. Citigroup decreased their price objective on lululemon athletica from $220.00 to $190.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $195.00 price objective (down previously from $225.00) on shares of lululemon athletica in a report on Tuesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twenty-nine have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, lululemon athletica presently has an average rating of “Hold” and a consensus target price of $228.42.
Get Our Latest Stock Analysis on lululemon athletica
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.
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