Union Bancaire Privee UBP SA Reduces Position in lululemon athletica inc. $LULU

Key Points

• Union Bancaire Privee UBP SA reduced its holdings in lululemon athletica by 67.7% in the second quarter, resulting in ownership of just 895 shares worth $207,000.
• Analysts have significantly lowered their price targets for lululemon athletica, with BMO Capital Markets reducing it from $302 to $250 and UBS Group from $240 to $185.
• Despite a 6.5% year-over-year revenue increase for the most recent quarter, lululemon reported a decline in earnings per share from $3.15 to $3.10, exceeding analysts' estimates but reflecting a slowdown.

Union Bancaire Privee UBP SA lessened its holdings in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 67.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 895 shares of the apparel retailer's stock after selling 1,874 shares during the period. Union Bancaire Privee UBP SA's holdings in lululemon athletica were worth $207,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. N.E.W. Advisory Services LLC purchased a new stake in lululemon athletica during the 1st quarter valued at about $25,000. Cornerstone Planning Group LLC grew its stake in lululemon athletica by 506.3% during the 1st 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 in the last quarter. Flaharty Asset Management LLC purchased a new stake in lululemon athletica during the 1st quarter valued at about $29,000. Zions Bancorporation National Association UT purchased a new stake in lululemon athletica during the 1st quarter valued at about $31,000. Finally, Garde Capital Inc. purchased a new stake in lululemon athletica during the 1st quarter valued at about $35,000. Hedge funds and other institutional investors own 85.20% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. BMO Capital Markets decreased their target price on shares of lululemon athletica from $302.00 to $250.00 and set a "market perform" rating on the stock in a report on Friday, June 6th. UBS Group decreased their target price on shares of lululemon athletica from $240.00 to $185.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. Rothschild & Co Redburn decreased their target price on shares of lululemon athletica from $230.00 to $160.00 and set a "sell" rating on the stock in a report on Friday, September 12th. Needham & Company LLC reiterated a "hold" rating and issued a $192.00 target price on shares of lululemon athletica in a report on Thursday, September 25th. Finally, Telsey Advisory Group lowered shares of lululemon athletica from an "outperform" rating to a "market perform" rating and decreased their target price for the company from $360.00 to $200.00 in a report on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $233.33.

lululemon athletica Stock Performance

Shares of LULU stock opened at $177.57 on Thursday. The firm's 50 day moving average price is $189.33 and its 200-day moving average price is $244.10. lululemon athletica inc. has a one year low of $159.25 and a one year high of $423.32. The firm has a market cap of $21.06 billion, a P/E ratio of 12.07, a P/E/G ratio of 11.03 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same period in the prior year, the business earned $3.15 EPS. The firm's quarterly revenue was up 6.5% on a year-over-year basis. 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, research analysts predict that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

About lululemon athletica

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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