Whittier Trust Co. Has $56,000 Stake in lululemon athletica inc. $LULU

Key Points

• Whittier Trust Co. reduced its stake in lululemon athletica by 98.8% in Q2, owning just 234 shares valued at $56,000 after selling 19,713 shares.
• Other institutional investors have increased their stakes in lululemon, with Lafayette Investments Inc. boosting its stake by 16.3% and Aurora Investment Counsel increasing it by 90.4%.
• lululemon reported earnings of $3.10 per share, surpassing expectations, with revenue of $2.53 billion but slightly missing analyst estimates of $2.55 billion.

Whittier Trust Co. decreased its position in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 98.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 234 shares of the apparel retailer's stock after selling 19,713 shares during the period. Whittier Trust Co.'s holdings in lululemon athletica were worth $56,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lafayette Investments Inc. boosted its stake in lululemon athletica by 16.3% in the 2nd quarter. Lafayette Investments Inc. now owns 1,180 shares of the apparel retailer's stock worth $280,000 after purchasing an additional 165 shares during the period. Liberty One Investment Management LLC lifted its position in lululemon athletica by 21.9% in the 2nd quarter. Liberty One Investment Management LLC now owns 4,206 shares of the apparel retailer's stock worth $999,000 after buying an additional 757 shares in the last quarter. Aurora Investment Counsel lifted its position in lululemon athletica by 90.4% in the 2nd quarter. Aurora Investment Counsel now owns 5,788 shares of the apparel retailer's stock worth $1,375,000 after buying an additional 2,748 shares in the last quarter. Stephens Inc. AR lifted its position in lululemon athletica by 40.0% in the 2nd quarter. Stephens Inc. AR now owns 2,361 shares of the apparel retailer's stock worth $561,000 after buying an additional 675 shares in the last quarter. Finally, Alpha Wealth Funds LLC purchased a new stake in lululemon athletica in the 2nd quarter worth approximately $470,000. Institutional investors and hedge funds own 85.20% of the company's stock.

lululemon athletica Price Performance

lululemon athletica stock opened at $178.17 on Friday. The firm has a market cap of $21.13 billion, a price-to-earnings ratio of 12.11, a P/E/G ratio of 11.19 and a beta of 1.07. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32. The firm has a fifty day moving average price of $179.99 and a two-hundred day moving average price of $228.89.

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 for the quarter, topping analysts' consensus estimates of $2.86 by $0.24. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The business's revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the business 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. As a group, sell-side analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have issued reports on LULU. Evercore ISI reiterated an "in-line" rating and issued a $180.00 target price (down previously from $265.00) on shares of lululemon athletica in a research report on Friday, September 5th. Wells Fargo & Company cut their target price on shares of lululemon athletica from $205.00 to $160.00 and set an "equal weight" rating for the company in a research report on Friday, September 5th. Hsbc Global Res downgraded shares of lululemon athletica from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 11th. Stifel Nicolaus reiterated a "hold" rating and issued a $205.00 target price (down previously from $324.00) on shares of lululemon athletica in a research report on Friday, September 5th. Finally, Sanford C. Bernstein downgraded shares of lululemon athletica from an "outperform" rating to a "market perform" rating and set a $190.00 price target on the stock. in a report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twenty-nine have issued a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, lululemon athletica currently has a consensus rating of "Hold" and an average price target of $228.42.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the firm's stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the sale, 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 document filed with the SEC, which is available at the SEC website. 0.54% of the stock is owned by corporate 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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