First Hawaiian Bank Takes $806,000 Position in lululemon athletica inc. $LULU

Key Points

• First Hawaiian Bank acquired a new stake in lululemon athletica, purchasing 2,849 shares valued at approximately $806,000 in the first quarter of the year.
• Insider trading details revealed that CEO Calvin McDonald sold 27,049 shares, which represents a 19.66% decrease in his position, currently holding shares valued at approximately $26 million.
• Analysts have mixed ratings on lululemon, with a consensus target price of $242.24 and seven analysts rating it as a Hold, indicating a cautious outlook for the stock's performance.

First Hawaiian Bank purchased a new stake in lululemon athletica inc. (NASDAQ:LULU - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 2,849 shares of the apparel retailer's stock, valued at approximately $806,000.

Other hedge funds also recently made changes to their positions in the company. Manhattan West Asset Management LLC increased its position in lululemon athletica by 5.4% during the 1st quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer's stock worth $205,000 after purchasing an additional 37 shares in the last quarter. Horizon Investments LLC lifted its holdings in shares of lululemon athletica by 2.4% during the 1st quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer's stock valued at $456,000 after acquiring an additional 38 shares in the last quarter. Carolinas Wealth Consulting LLC lifted its holdings in shares of lululemon athletica by 30.7% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 166 shares of the apparel retailer's stock valued at $63,000 after acquiring an additional 39 shares in the last quarter. Moody National Bank Trust Division lifted its holdings in shares of lululemon athletica by 1.2% during the 1st quarter. Moody National Bank Trust Division now owns 3,168 shares of the apparel retailer's stock valued at $897,000 after acquiring an additional 39 shares in the last quarter. Finally, GM Advisory Group LLC lifted its holdings in shares of lululemon athletica by 2.0% during the 1st quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer's stock valued at $564,000 after acquiring an additional 40 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company's stock.

lululemon athletica Stock Up 0.1%

NASDAQ LULU traded up $0.11 on Monday, hitting $159.98. The stock had a trading volume of 5,557,452 shares, compared to its average volume of 6,841,070. lululemon athletica inc. has a one year low of $159.25 and a one year high of $423.32. The stock has a market cap of $18.97 billion, a price-to-earnings ratio of 10.88, a P/E/G ratio of 6.59 and a beta of 1.12. The company's 50-day moving average is $203.06 and its two-hundred day moving average is $256.26.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its 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. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.55 billion. During the same quarter in the prior year, the firm earned $3.15 EPS. lululemon athletica's quarterly 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. On average, sell-side analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Wall Street Analyst Weigh In

LULU has been the topic of a number of recent analyst reports. Jefferies Financial Group cut their price objective on shares of lululemon athletica from $160.00 to $150.00 and set an "underperform" rating on the stock in a report on Tuesday, September 2nd. BMO Capital Markets cut their price objective on shares of lululemon athletica from $302.00 to $250.00 and set a "market perform" rating on the stock in a report on Friday, June 6th. TD Securities cut their price objective on shares of lululemon athletica from $298.00 to $220.00 and set a "buy" rating on the stock in a report on Friday, September 5th. Barclays dropped their target price on shares of lululemon athletica from $209.00 to $180.00 and set an "equal weight" rating for the company in a research report on Friday, September 5th. Finally, Bank of America dropped their target price on shares of lululemon athletica from $210.00 to $185.00 and set a "neutral" rating for the company in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, twenty-three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $242.24.

Insider Buying and Selling

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the company's stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $235.69, for a total value of $6,375,178.81. Following the completion of the transaction, the chief executive officer owned 110,564 shares in the company, valued at approximately $26,058,829.16. This represents a 19.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.54% of the company's stock.

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.