Narwhal Capital Management Has $5.45 Million Position in lululemon athletica inc. $LULU

Narwhal Capital Management grew its holdings in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 22.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,921 shares of the apparel retailer's stock after purchasing an additional 4,144 shares during the quarter. Narwhal Capital Management's holdings in lululemon athletica were worth $5,446,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of LULU. Sandler Capital Management acquired a new position in shares of lululemon athletica during the first quarter valued at $484,000. Twin Capital Management Inc. lifted its stake in shares of lululemon athletica by 58.3% during the first quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer's stock valued at $1,041,000 after acquiring an additional 1,354 shares during the period. Sawgrass Asset Management LLC acquired a new position in shares of lululemon athletica during the first quarter valued at $9,209,000. WealthPlan Investment Management LLC lifted its stake in shares of lululemon athletica by 26.9% during the first quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer's stock valued at $2,165,000 after acquiring an additional 1,622 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of lululemon athletica by 5.9% during the first quarter. Ameriprise Financial Inc. now owns 748,236 shares of the apparel retailer's stock valued at $211,704,000 after acquiring an additional 41,936 shares during the period. Institutional investors and hedge funds own 85.20% of the company's stock.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $174.82 on Thursday. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32. The business has a 50-day moving average of $185.34 and a two-hundred day moving average of $238.92. The company has a market capitalization of $20.73 billion, a P/E ratio of 11.88, a price-to-earnings-growth ratio of 10.82 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the prior year, the company earned $3.15 earnings per share. The company's revenue for the quarter 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. On average, equities analysts anticipate that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Hsbc Global Res lowered lululemon athletica from a "strong-buy" rating to a "hold" rating in a research note on Thursday, September 11th. Bank of America cut their price target on lululemon athletica from $210.00 to $185.00 and set a "neutral" rating on the stock in a research note on Friday, September 12th. KeyCorp lowered lululemon athletica from an "overweight" rating to a "sector weight" rating in a research note on Tuesday, September 9th. The Goldman Sachs Group cut their target price on lululemon athletica from $232.00 to $200.00 and set a "neutral" rating on the stock in a research note on Friday, September 5th. Finally, Needham & Company LLC reissued a "hold" rating and issued a $192.00 target price on shares of lululemon athletica in a research note on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica currently has an average rating of "Hold" and a consensus target price of $232.29.

Insider Activity

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the stock in a transaction dated 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 directly owned 8,993 shares in the company, valued at $1,600,754. This represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is owned by company insiders.

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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