Shell Asset Management Co. Has $1.68 Million Stock Holdings in lululemon athletica inc. $LULU

Shell Asset Management Co. lifted its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 32.3% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 7,055 shares of the apparel retailer’s stock after buying an additional 1,722 shares during the quarter. Shell Asset Management Co.’s holdings in lululemon athletica were worth $1,676,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Sandler Capital Management acquired a new stake in lululemon athletica in the 1st quarter worth about $484,000. Twin Capital Management Inc. raised its stake in lululemon athletica by 58.3% in the 1st quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer’s stock worth $1,041,000 after purchasing an additional 1,354 shares in the last quarter. Narwhal Capital Management raised its stake in lululemon athletica by 262.7% in the 1st quarter. Narwhal Capital Management now owns 18,777 shares of the apparel retailer’s stock worth $5,315,000 after purchasing an additional 13,600 shares in the last quarter. Sawgrass Asset Management LLC acquired a new stake in lululemon athletica in the 1st quarter worth about $9,209,000. Finally, WealthPlan Investment Management LLC raised its stake in lululemon athletica by 26.9% in the 1st quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock worth $2,165,000 after purchasing an additional 1,622 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica Trading Up 1.0%

Shares of lululemon athletica stock opened at $174.82 on Thursday. The firm has a market capitalization of $20.73 billion, a PE ratio of 11.88, a price-to-earnings-growth ratio of 10.82 and a beta of 1.07. The firm’s 50 day moving average is $185.34 and its 200 day moving average is $238.92. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.24. The company had revenue of $2.53 billion for 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 firm’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the firm posted $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, research analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insider Activity

In related news, insider Nicole Neuburger sold 615 shares of lululemon athletica stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

LULU has been the subject of several analyst reports. Evercore ISI reiterated an “in-line” rating and issued a $180.00 price objective (down previously from $265.00) on shares of lululemon athletica in a research note on Friday, September 5th. KeyCorp lowered shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a report on Wednesday. Truist Financial lowered shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 target price on the stock. in a report on Friday, September 5th. Finally, Needham & Company LLC reissued a “hold” rating and issued a $192.00 target price on shares of lululemon athletica in a report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twenty-six have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, lululemon athletica currently has a consensus rating of “Hold” and an average target price of $232.29.

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.