lululemon athletica inc. $LULU Shares Sold by Blair William & Co. IL

Key Points

• Blair William & Co. IL reduced its stake in lululemon athletica by 9.7%, now owning 147,267 shares valued at approximately $34.99 million.
• Analysts show mixed views on lululemon's stock, with HSBC downgrading it from "strong-buy" to "hold" and Piper Sandler lowering its price target from $200 to $165.
• Despite a revenue growth of 6.5% year-over-year, lululemon athletica's earnings per share surpassed estimates at $3.10, slightly down from $3.15 from the prior year.

Blair William & Co. IL lessened its holdings in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 9.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 147,267 shares of the apparel retailer's stock after selling 15,878 shares during the period. Blair William & Co. IL owned about 0.12% of lululemon athletica worth $34,988,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Manhattan West Asset Management LLC grew its stake in shares of lululemon athletica by 5.4% in the first quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer's stock worth $205,000 after acquiring an additional 37 shares in the last quarter. Horizon Investments LLC boosted its holdings in lululemon athletica by 2.4% in the first quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer's stock valued at $456,000 after purchasing an additional 38 shares during the period. GM Advisory Group LLC grew its stake in lululemon athletica by 2.0% during the 1st quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer's stock worth $564,000 after purchasing an additional 40 shares in the last quarter. Hancock Whitney Corp increased its holdings in lululemon athletica by 4.6% during the 1st quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer's stock worth $269,000 after purchasing an additional 42 shares during the period. Finally, UMB Bank n.a. raised its position in lululemon athletica by 6.3% in the 1st quarter. UMB Bank n.a. now owns 744 shares of the apparel retailer's stock valued at $211,000 after purchasing an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on LULU. Hsbc Global Res downgraded lululemon athletica from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 11th. Piper Sandler decreased their price target on shares of lululemon athletica from $200.00 to $165.00 and set a "neutral" rating for the company in a research note on Friday, September 5th. Needham & Company LLC reissued a "hold" rating and issued a $192.00 price objective on shares of lululemon athletica in a research report on Thursday, September 25th. Citigroup reduced their price objective on shares of lululemon athletica from $220.00 to $190.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. Finally, BTIG Research reiterated a "buy" rating and set a $303.00 target price on shares of lululemon athletica in a research note on Wednesday. One 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 assigned a Sell rating to the stock. According to data from MarketBeat, lululemon athletica currently has a consensus rating of "Hold" and an average target price of $232.29.

Insider Buying and Selling

In other lululemon athletica 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 value of $109,470.00. Following the completion of the sale, the insider owned 8,993 shares in the company, valued at approximately $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.54% of the stock is currently owned by company insiders.

lululemon athletica Price Performance

Shares of LULU opened at $173.48 on Friday. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The stock has a market cap of $20.57 billion, a PE ratio of 11.79, a price-to-earnings-growth ratio of 10.93 and a beta of 1.07. The firm has a fifty day moving average price of $184.80 and a 200 day moving average price of $237.80.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same quarter last year, the company posted $3.15 earnings per share. The business's quarterly revenue was up 6.5% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, equities analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

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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