Whalen Wealth Management Inc. Makes New Investment in lululemon athletica inc. $LULU

Key Points

• Whalen Wealth Management Inc. acquired a new position in lululemon athletica, purchasing 4,413 shares valued at approximately $1,048,000 in the second quarter.
• Analysts have mixed opinions on lululemon, with JPMorgan lowering their price target from $224.00 to $191.00 and BTIG Research maintaining a "buy" rating with a target of $303.00.
• lululemon reported a quarterly revenue of $2.53 billion and an EPS of $3.10, exceeding analysts' expectations despite a year-over-year earnings drop from $3.15 EPS.

Whalen Wealth Management Inc. acquired a new position in lululemon athletica inc. (NASDAQ:LULU - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 4,413 shares of the apparel retailer's stock, valued at approximately $1,048,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. N.E.W. Advisory Services LLC bought a new position in shares of lululemon athletica in the 1st quarter worth approximately $25,000. Cornerstone Planning Group LLC raised its position in shares of lululemon athletica by 506.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer's stock worth $26,000 after acquiring an additional 81 shares in the last quarter. Flaharty Asset Management LLC bought a new position in shares of lululemon athletica in the 1st quarter worth approximately $29,000. Blue Trust Inc. raised its position in shares of lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer's stock worth $29,000 after acquiring an additional 61 shares in the last quarter. Finally, Trust Co. of Toledo NA OH bought a new position in shares of lululemon athletica in the 2nd quarter worth approximately $30,000. Hedge funds and other institutional investors own 85.20% of the company's stock.

Wall Street Analyst Weigh In

LULU has been the subject of several research reports. JPMorgan Chase & Co. decreased their target price on lululemon athletica from $224.00 to $191.00 and set a "neutral" rating for the company in a research report on Friday, September 5th. Baird R W lowered lululemon athletica from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 23rd. BTIG Research reaffirmed a "buy" rating and set a $303.00 price objective on shares of lululemon athletica in a research report on Friday, October 17th. Morgan Stanley reduced their price objective on lululemon athletica from $223.00 to $185.00 and set an "equal weight" rating for the company in a research report on Tuesday, September 30th. Finally, BNP Paribas raised lululemon athletica from a "strong sell" rating to a "hold" rating in a research report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-nine have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $228.42.

Insider Activity

In other news, insider Nicole Neuburger sold 615 shares of the firm's stock in a transaction 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 transaction, the insider directly owned 8,993 shares in the company, valued at $1,600,754. This trade represents a 6.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.54% of the stock is currently owned by company insiders.

lululemon athletica Trading Down 0.8%

lululemon athletica stock opened at $179.98 on Wednesday. The firm has a market cap of $21.34 billion, a price-to-earnings ratio of 12.24, a PEG ratio of 11.34 and a beta of 1.07. The stock has a fifty day simple moving average of $179.19 and a two-hundred day simple moving average of $227.26. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $423.32.

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

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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