State of New Jersey Common Pension Fund D Sells 149 Shares of lululemon athletica inc. $LULU

State of New Jersey Common Pension Fund D decreased its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 0.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,436 shares of the apparel retailer’s stock after selling 149 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in lululemon athletica were worth $8,894,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of LULU. N.E.W. Advisory Services LLC bought a new stake in shares of lululemon athletica during the 1st quarter worth about $25,000. Cornerstone Planning Group LLC raised its position in shares of lululemon athletica by 506.3% in 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 during the period. Flaharty Asset Management LLC acquired a new stake in shares of lululemon athletica in the first quarter worth $29,000. Blue Trust Inc. boosted its holdings in shares of lululemon athletica by 96.8% during the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after buying an additional 61 shares during the period. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of lululemon athletica during the 2nd quarter worth $30,000. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica Trading Down 0.5%

Shares of LULU stock opened at $178.17 on Friday. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32. The firm’s 50 day moving average is $179.99 and its 200-day moving average is $228.76. The firm has a market capitalization of $21.13 billion, a price-to-earnings ratio of 12.11, a PEG ratio of 11.14 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) 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. The firm had revenue of $2.53 billion during 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%. lululemon athletica’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company 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. On average, equities research analysts forecast that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on LULU. BNP Paribas raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. Needham & Company LLC reiterated a “hold” rating and set a $192.00 price target on shares of lululemon athletica in a report on Thursday, September 25th. Piper Sandler lowered their price objective on shares of lululemon athletica from $200.00 to $165.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Hsbc Global Res cut lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 11th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $195.00 price objective (down previously from $225.00) on shares of lululemon athletica in a research report on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-nine have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $228.42.

Insiders Place Their Bets

In other 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 completion of the sale, the insider owned 8,993 shares in the company, valued at $1,600,754. The trade was a 6.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica Company 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.