Blair William & Co. IL Sells 72,576 Shares of lululemon athletica inc. $LULU

Key Points

• Blair William & Co. IL cut its position in lululemon by 49.3% in Q3, selling 72,576 shares and retaining 74,691 shares worth $13.29 million (about 0.06% of the company).
• Quarterly results beat expectations: lululemon reported EPS of $2.59 vs. $2.22 expected and revenue of $2.57 billion (up 7.1% YoY), and issued FY2025 guidance of $12.92–$13.02 EPS and Q4 guidance of $4.66–$4.76.
• Insider Celeste Burgoyne sold 13,511 shares at an average $204 (cutting her stake by 71.8%), institutional investors own ~85.2% of the stock, and analysts have a consensus "Hold" with a $226.36 target; market cap is about $19.96 billion and P/E ~11.8.

Blair William & Co. IL cut its position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 49.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 74,691 shares of the apparel retailer's stock after selling 72,576 shares during the period. Blair William & Co. IL owned approximately 0.06% of lululemon athletica worth $13,290,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. MGO One Seven LLC increased its stake in lululemon athletica by 4.5% in the third quarter. MGO One Seven LLC now owns 1,340 shares of the apparel retailer's stock worth $238,000 after purchasing an additional 58 shares during the period. Greenleaf Trust boosted its stake in shares of lululemon athletica by 2.7% during the third quarter. Greenleaf Trust now owns 2,319 shares of the apparel retailer's stock valued at $413,000 after purchasing an additional 62 shares during the period. Cornerstone Planning Group LLC grew its holdings in shares of lululemon athletica by 81.9% in the third quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer's stock worth $25,000 after purchasing an additional 68 shares during the last quarter. IHT Wealth Management LLC grew its holdings in shares of lululemon athletica by 1.7% in the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer's stock worth $1,016,000 after purchasing an additional 73 shares during the last quarter. Finally, Ameritas Investment Partners Inc. increased its stake in lululemon athletica by 0.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 9,717 shares of the apparel retailer's stock worth $2,308,000 after buying an additional 77 shares during the period. Institutional investors own 85.20% of the company's stock.

lululemon athletica Stock Down 1.8%

lululemon athletica stock opened at $170.13 on Monday. The business has a fifty day moving average of $188.88 and a two-hundred day moving average of $183.65. The firm has a market cap of $19.96 billion, a P/E ratio of 11.79, a P/E/G ratio of 10.71 and a beta of 1.00. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $348.50.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.22 by $0.37. The business had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The business's revenue was up 7.1% compared to the same quarter last year. During the same period last year, the business posted $2.53 EPS. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. Equities analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insiders Place Their Bets

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the business's stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total value of $2,756,244.00. Following the completion of the transaction, the insider directly owned 5,318 shares in the company, valued at approximately $1,084,872. The trade was a 71.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.54% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of lululemon athletica from $203.00 to $209.00 and gave the company a "neutral" rating in a research report on Tuesday, January 20th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of lululemon athletica in a research report on Thursday, January 22nd. Needham & Company LLC reaffirmed a "hold" rating on shares of lululemon athletica in a research note on Friday, November 21st. Evercore boosted their price target on lululemon athletica from $180.00 to $215.00 in a report on Friday, December 12th. Finally, Robert W. Baird increased their price objective on lululemon athletica from $195.00 to $210.00 and gave the stock a "neutral" rating in a research note on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, lululemon athletica has an average rating of "Hold" and a consensus target price of $226.36.

About lululemon athletica

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company's product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.

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