18,093 Shares in lululemon athletica inc. $LULU Acquired by RWA Wealth Partners LLC

Key Points

• RWA Wealth Partners LLC bought a new stake of 18,093 shares of lululemon in Q2, valued at about $4.30 million.
• Several large institutions (Vanguard, T. Rowe, AllianceBernstein, Invesco, American Century) boosted their holdings, and institutional investors now own roughly 85.20% of the company.
• Analysts' consensus rating is Hold with a consensus price target of $228.42, after multiple downgrades and lower price targets from firms including Telsey and UBS.

RWA Wealth Partners LLC bought a new stake in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 18,093 shares of the apparel retailer's stock, valued at approximately $4,299,000.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of lululemon athletica by 1.2% during the first quarter. Vanguard Group Inc. now owns 13,266,929 shares of the apparel retailer's stock valued at $3,755,337,000 after buying an additional 157,764 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in lululemon athletica by 3.3% in the 1st 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 acquiring an additional 162,295 shares in the last quarter. Alliancebernstein L.P. boosted its position in lululemon athletica by 9.0% during the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer's stock worth $1,356,507,000 after acquiring an additional 394,706 shares during the period. Invesco Ltd. grew its stake in lululemon athletica by 7.2% during the 1st quarter. Invesco Ltd. now owns 1,387,609 shares of the apparel retailer's stock valued at $392,777,000 after acquiring an additional 93,530 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in lululemon athletica by 12.1% during the 1st quarter. American Century Companies Inc. now owns 1,301,017 shares of the apparel retailer's stock valued at $368,266,000 after acquiring an additional 139,944 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Needham & Company LLC reissued a "hold" rating and issued a $192.00 price target on shares of lululemon athletica in a research report on Thursday, September 25th. Telsey Advisory Group lowered shares of lululemon athletica from an "outperform" rating to a "market perform" rating and dropped their price objective for the company from $360.00 to $200.00 in a research note on Monday, September 15th. BNP Paribas Exane raised shares of lululemon athletica from an "underperform" rating to a "neutral" rating and set a $146.00 target price for the company in a research note on Monday, October 20th. UBS Group lowered their price target on shares of lululemon athletica from $240.00 to $185.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. Finally, KeyCorp lowered 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 assigned a Buy rating, thirty have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $228.42.

Insider Activity at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the business's stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Price Performance

lululemon athletica stock opened at $166.13 on Friday. The company has a market capitalization of $19.70 billion, a price-to-earnings ratio of 11.29, 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. The company's fifty day moving average price is $173.40 and its two-hundred day moving average price is $222.29.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.24. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm's revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. As a group, sell-side analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current 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.

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