Woodline Partners LP Purchases 17,877 Shares of lululemon athletica inc. $LULU

Woodline Partners LP boosted its holdings in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 718.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,364 shares of the apparel retailer's stock after buying an additional 17,877 shares during the period. Woodline Partners LP's holdings in lululemon athletica were worth $5,764,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC acquired a new stake in lululemon athletica during the first quarter worth $25,000. Cornerstone Planning Group LLC boosted its holdings in lululemon athletica by 506.3% during the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer's stock valued at $26,000 after purchasing an additional 81 shares in the last quarter. Zions Bancorporation National Association UT acquired a new stake in lululemon athletica during the first quarter valued at approximately $31,000. Garde Capital Inc. bought a new stake in shares of lululemon athletica in the 1st quarter valued at approximately $35,000. Finally, CENTRAL TRUST Co grew its stake in shares of lululemon athletica by 154.9% in the 1st quarter. CENTRAL TRUST Co now owns 130 shares of the apparel retailer's stock valued at $37,000 after purchasing an additional 79 shares during the period. Institutional investors and hedge funds own 85.20% of the company's stock.

lululemon athletica Price Performance

LULU stock opened at $159.87 on Friday. The company has a 50 day moving average price of $204.62 and a 200 day moving average price of $259.16. lululemon athletica inc. has a fifty-two week low of $159.75 and a fifty-two week high of $423.32. The stock has a market capitalization of $19.16 billion, a PE ratio of 10.87, a price-to-earnings-growth ratio of 6.83 and a beta of 1.12.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.55 billion. During the same quarter in the previous year, the company posted $3.15 EPS. lululemon athletica's 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, equities analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Calvin Mcdonald sold 27,049 shares of the business's stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $235.69, for a total value of $6,375,178.81. Following the completion of the transaction, the chief executive officer owned 110,564 shares in the company, valued at $26,058,829.16. The trade was a 19.66% 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 company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on LULU shares. Hsbc Global Res lowered lululemon athletica from a "strong-buy" rating to a "hold" rating in a research note on Thursday. Wells Fargo & Company lowered their price objective on lululemon athletica from $205.00 to $160.00 and set an "equal weight" rating on the stock in a research note on Friday, September 5th. Morgan Stanley lowered their price objective on lululemon athletica from $280.00 to $223.00 and set an "equal weight" rating on the stock in a research note on Tuesday, August 26th. Truist Financial lowered lululemon athletica from a "buy" rating to a "hold" rating and set a $170.00 price objective on the stock. in a research note on Friday, September 5th. Finally, TD Securities lowered their price objective on lululemon athletica from $298.00 to $220.00 and set a "buy" rating on the stock 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 assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $242.24.

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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