Strs Ohio Buys Shares of 43,986 lululemon athletica inc. $LULU

Strs Ohio acquired a new position in lululemon athletica inc. (NASDAQ:LULU - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 43,986 shares of the apparel retailer's stock, valued at approximately $12,451,000.

A number of other institutional investors have also recently made changes to their positions in the business. Sandler Capital Management acquired a new stake in lululemon athletica during the 1st quarter worth about $484,000. Twin Capital Management Inc. lifted its position in lululemon athletica by 58.3% during the 1st quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer's stock worth $1,041,000 after acquiring an additional 1,354 shares during the period. Narwhal Capital Management lifted its position in lululemon athletica by 262.7% during the 1st quarter. Narwhal Capital Management now owns 18,777 shares of the apparel retailer's stock worth $5,315,000 after acquiring an additional 13,600 shares during the period. Sawgrass Asset Management LLC acquired a new stake in lululemon athletica during the 1st quarter worth about $9,209,000. Finally, WealthPlan Investment Management LLC lifted its position in lululemon athletica by 26.9% during the 1st quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer's stock worth $2,165,000 after acquiring an additional 1,622 shares during the period. Institutional investors and hedge funds own 85.20% of the company's stock.

Insider Buying and Selling

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the business's stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the completion of the sale, the chief executive officer directly owned 110,564 shares in the company, valued at approximately $26,058,829.16. The trade was a 19.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.54% of the company's stock.

lululemon athletica Stock Down 3.6%

Shares of lululemon athletica stock opened at $159.87 on Friday. lululemon athletica inc. has a twelve month low of $159.75 and a twelve month high of $423.32. The business has a 50-day moving average price of $204.62 and a 200 day moving average price of $258.42. The firm has a market cap of $19.16 billion, a PE ratio of 10.87, a P/E/G ratio of 6.83 and a beta of 1.12.

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 for the quarter, beating 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 firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the previous year, the business earned $3.15 EPS. lululemon athletica'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, sell-side analysts expect that lululemon athletica inc. will post 14.36 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Zacks Research cut lululemon athletica from a "hold" rating to a "strong sell" rating in a research report on Monday, September 8th. Jefferies Financial Group lowered their price target on lululemon athletica from $160.00 to $150.00 and set an "underperform" rating for the company in a research report on Tuesday, September 2nd. KeyCorp cut lululemon athletica from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, September 9th. Citigroup reduced their price objective on lululemon athletica from $220.00 to $190.00 and set a "neutral" rating for the company in a research note on Friday, September 5th. Finally, Oppenheimer reiterated a "market perform" rating and set a $500.00 price objective on shares of lululemon athletica in a research note on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, twenty-three have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $242.24.

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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