J. Safra Sarasin Holding AG Boosts Stake in lululemon athletica inc. $LULU

Key Points

• J. Safra Sarasin Holding AG increased its stake in lululemon athletica inc. by 92.5% in Q2, owning 6,105 shares valued at $1.45 million.
• lululemon's stock is currently down 1.5% and has a market capitalization of $20.82 billion, with a 52-week range of $159.25 to $423.32.
• In its latest earnings report, lululemon posted $3.10 EPS, exceeding estimates, with quarterly revenue showing a 6.5% year-over-year increase.

J. Safra Sarasin Holding AG lifted its holdings in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 92.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,105 shares of the apparel retailer's stock after purchasing an additional 2,934 shares during the quarter. J. Safra Sarasin Holding AG's holdings in lululemon athletica were worth $1,450,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of LULU. N.E.W. Advisory Services LLC purchased a new stake in lululemon athletica during the first quarter valued at $25,000. Cornerstone Planning Group LLC increased its position in lululemon athletica by 506.3% during the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer's stock valued at $26,000 after acquiring an additional 81 shares during the last quarter. Flaharty Asset Management LLC purchased a new stake in lululemon athletica during the first quarter valued at $29,000. Zions Bancorporation National Association UT purchased a new stake in lululemon athletica during the first quarter valued at $31,000. Finally, Garde Capital Inc. purchased a new stake in lululemon athletica during the first quarter valued at $35,000. Hedge funds and other institutional investors own 85.20% of the company's stock.

lululemon athletica Stock Down 1.5%

LULU opened at $175.59 on Friday. The stock's fifty day moving average is $187.64 and its two-hundred day moving average is $242.05. The company has a market capitalization of $20.82 billion, a P/E ratio of 11.94, a PEG ratio of 11.14 and a beta of 1.07. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its quarterly earnings data 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 company had revenue of $2.53 billion for 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%.lululemon athletica's quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the business 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. Equities analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently commented on the company. Needham & Company LLC reiterated a "hold" rating and set a $192.00 price objective on shares of lululemon athletica in a research report on Thursday, September 25th. Evercore ISI reissued an "in-line" rating and set a $180.00 price target (down previously from $265.00) on shares of lululemon athletica in a report on Friday, September 5th. Citigroup cut their price target on lululemon athletica from $220.00 to $190.00 and set a "neutral" rating for the company in a report on Friday, September 5th. Weiss Ratings reissued a "sell (d+)" rating on shares of lululemon athletica in a report on Saturday, September 27th. Finally, BTIG Research cut their price target on lululemon athletica from $375.00 to $303.00 and set a "buy" rating for the company in a report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, lululemon athletica currently has an average rating of "Hold" and a consensus price target of $233.33.

Insider Activity

In other news, insider Nicole Neuburger sold 615 shares of lululemon athletica stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value of $109,470.00. Following the transaction, the insider directly owned 8,993 shares in the company, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate 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.

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