lululemon athletica inc. $LULU Holdings Reduced by HS Management Partners LLC

Key Points

• HS Management Partners cut its stake in lululemon by 18.1% in Q3, selling 22,784 shares and leaving it with 102,750 shares worth about $18.28 million (2.4% of the fund and its 24th largest holding).
• Insider Celeste Burgoyne sold 13,511 shares on December 16 at an average price of $204, a 71.76% reduction in her holdings; insiders now own about 0.54% of the company.
• lululemon beat Q3 estimates with $2.59 EPS and $2.57B revenue and provided FY‑2025 guidance of $12.92–13.02 EPS; analysts have raised price targets (average target ~$228.19) though the consensus rating remains Hold.

HS Management Partners LLC lessened its holdings in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 18.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,750 shares of the apparel retailer's stock after selling 22,784 shares during the period. lululemon athletica accounts for about 2.4% of HS Management Partners LLC's investment portfolio, making the stock its 24th biggest holding. HS Management Partners LLC owned 0.09% of lululemon athletica worth $18,282,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its stake in shares of lululemon athletica by 16.2% in the second quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer's stock worth $700,502,000 after purchasing an additional 413,062 shares in the last quarter. Invesco Ltd. lifted its holdings in lululemon athletica by 23.3% in the second quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer's stock worth $406,363,000 after purchasing an additional 322,816 shares during the period. Flossbach Von Storch SE grew its position in lululemon athletica by 17.0% in the 2nd quarter. Flossbach Von Storch SE now owns 1,640,217 shares of the apparel retailer's stock valued at $389,683,000 after buying an additional 238,332 shares in the last quarter. Mawer Investment Management Ltd. increased its stake in lululemon athletica by 2.8% during the 2nd quarter. Mawer Investment Management Ltd. now owns 1,359,440 shares of the apparel retailer's stock valued at $322,976,000 after buying an additional 36,664 shares during the period. Finally, Franklin Resources Inc. raised its position in shares of lululemon athletica by 10.3% during the 2nd quarter. Franklin Resources Inc. now owns 1,055,574 shares of the apparel retailer's stock worth $250,783,000 after buying an additional 98,439 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at lululemon athletica

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 stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the transaction, the insider owned 5,318 shares in the company, valued at $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 is available through the SEC website. Insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on LULU shares. Evercore ISI raised their price objective on shares of lululemon athletica from $180.00 to $215.00 in a research note on Friday, December 12th. Bank of America boosted their price objective on lululemon athletica from $185.00 to $220.00 and gave the stock a "neutral" rating in a research note on Friday, December 12th. Piper Sandler raised their target price on lululemon athletica from $165.00 to $190.00 and gave the company a "neutral" rating in a research note on Friday, December 12th. Needham & Company LLC reaffirmed a "hold" rating on shares of lululemon athletica in a report on Friday, November 21st. Finally, Sanford C. Bernstein downgraded shares of lululemon athletica from an "outperform" rating to a "market perform" rating and set a $190.00 price target for the company. in a report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-three have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $228.19.

lululemon athletica Price Performance

Shares of LULU opened at $212.17 on Friday. The business's 50-day moving average is $188.72 and its 200-day moving average is $193.93. The company has a market capitalization of $24.89 billion, a price-to-earnings ratio of 14.70, a P/E/G ratio of 13.06 and a beta of 1.01. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, topping the consensus estimate of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The business had revenue of $2.57 billion during the quarter, compared to analysts' expectations of $2.48 billion. During the same period last year, the company posted $2.53 earnings per share. The firm's quarterly revenue was up 7.1% compared to the same quarter last year. 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 research analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

lululemon athletica Company Profile

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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