Boston Trust Walden Corp Lowers Holdings in lululemon athletica inc. $LULU

Key Points

• Boston Trust Walden Corp has reduced its holdings in lululemon athletica by 5.2%, now owning approximately 0.12% of the company valued at $33 million following a sale of 7,634 shares.
• Multiple hedge funds have adjusted their stakes in lululemon, with notable changes including a 506.3% increase in Cornerstone Planning Group LLC's holdings in the first quarter.
• Analysts have set new price targets for lululemon, with Bank of America lowering its target from $210 to $185, while Rothschild & Co Redburn cut their price objective from $230 to $160 with a "sell" rating.

Boston Trust Walden Corp decreased its holdings in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 5.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,996 shares of the apparel retailer's stock after selling 7,634 shares during the quarter. Boston Trust Walden Corp owned approximately 0.12% of lululemon athletica worth $33,023,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC purchased a new stake in lululemon athletica in the 1st quarter valued at about $25,000. Cornerstone Planning Group LLC grew its holdings in lululemon athletica by 506.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer's stock valued at $26,000 after buying an additional 81 shares during the period. Flaharty Asset Management LLC purchased a new stake in lululemon athletica in the 1st quarter valued at about $29,000. Zions Bancorporation National Association UT purchased a new stake in lululemon athletica in the 1st quarter valued at about $31,000. Finally, Blue Trust Inc. grew its holdings in lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer's stock valued at $29,000 after buying an additional 61 shares during the period. Hedge funds and other institutional investors own 85.20% of the company's stock.

Insider Buying and Selling

In related news, insider Nicole Neuburger sold 615 shares of the business'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 directly owned 8,993 shares of the company's stock, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on LULU. 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. Rothschild & Co Redburn reduced their price objective on lululemon athletica from $230.00 to $160.00 and set a "sell" rating on the stock in a research note on Friday, September 12th. Hsbc Global Res lowered lululemon athletica from a "strong-buy" rating to a "hold" rating in a research note on Thursday, September 11th. Needham & Company LLC reaffirmed a "hold" rating and issued a $192.00 price objective on shares of lululemon athletica in a research note on Thursday, September 25th. Finally, KeyCorp lowered lululemon athletica from an "overweight" rating to a "sector weight" rating in a research note on Tuesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twenty-six have given a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, lululemon athletica has an average rating of "Hold" and a consensus price target of $232.29.

lululemon athletica Stock Performance

lululemon athletica stock opened at $169.13 on Wednesday. The stock's 50 day moving average price is $183.23 and its 200 day moving average price is $233.88. The firm has a market capitalization of $20.06 billion, a PE ratio of 11.50, a price-to-earnings-growth ratio of 10.62 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.

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