841 Shares in lululemon athletica inc. $LULU Acquired by Ascent Group LLC

Ascent Group LLC acquired a new position in lululemon athletica inc. (NASDAQ:LULU) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 841 shares of the apparel retailer’s stock, valued at approximately $238,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in LULU. Brighton Jones LLC purchased a new position in shares of lululemon athletica in the fourth quarter worth approximately $429,000. Fourth Dimension Wealth LLC purchased a new position in lululemon athletica during the fourth quarter valued at approximately $61,000. Focus Partners Wealth boosted its position in shares of lululemon athletica by 75.9% in the fourth quarter. Focus Partners Wealth now owns 4,229 shares of the apparel retailer’s stock worth $1,627,000 after purchasing an additional 1,825 shares during the period. Laird Norton Wetherby Wealth Management LLC increased its stake in shares of lululemon athletica by 17.5% in the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 1,062 shares of the apparel retailer’s stock worth $406,000 after purchasing an additional 158 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp increased its stake in shares of lululemon athletica by 20.0% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 4,801 shares of the apparel retailer’s stock worth $1,836,000 after purchasing an additional 799 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Trading Down 3.6%

NASDAQ LULU opened at $159.87 on Friday. The company’s 50-day moving average price is $204.62 and its 200-day moving average price is $259.16. The stock has a market cap of $19.16 billion, a PE ratio of 10.87, a PEG ratio of 6.83 and a beta of 1.12. lululemon athletica inc. has a 12 month low of $159.75 and a 12 month high of $423.32.

lululemon athletica (NASDAQ:LULU) last posted its quarterly 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 firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 6.5% on a year-over-year basis. During the same period in the prior year, the business posted $3.15 earnings per share. 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 forecast that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on LULU shares. Bank of America reduced their price objective on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a research note on Friday. Oppenheimer reissued a “market perform” rating and issued a $500.00 price objective on shares of lululemon athletica in a research note on Friday, September 5th. TD Securities reduced their price objective on shares of lululemon athletica from $298.00 to $220.00 and set a “buy” rating for the company in a research note on Friday, September 5th. Truist Financial cut shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 price objective for the company. in a research note on Friday, September 5th. Finally, Sanford C. Bernstein reduced their price objective on shares of lululemon athletica from $350.00 to $220.00 and set an “outperform” rating for the company in a research note on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, twenty-three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, lululemon athletica has an average rating of “Hold” and a consensus price target of $242.24.

Insider Activity at lululemon athletica

In other news, CEO Calvin Mcdonald sold 27,049 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 110,564 shares in the company, valued at approximately $26,058,829.16. This represents a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.

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.