lululemon athletica inc. $LULU Shares Sold by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC trimmed its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 19.7% during the second quarter, Holdings Channel reports. The firm owned 1,137 shares of the apparel retailer’s stock after selling 279 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in lululemon athletica were worth $270,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of LULU. N.E.W. Advisory Services LLC acquired a new stake in shares of lululemon athletica in the first quarter valued at $25,000. Cornerstone Planning Group LLC raised its stake in 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 buying an additional 81 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in lululemon athletica in the first quarter valued at $29,000. Blue Trust Inc. raised its stake in lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 61 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in lululemon athletica in the second quarter valued at $30,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica Stock Up 1.5%

Shares of NASDAQ:LULU opened at $170.54 on Friday. The company has a 50-day moving average price of $177.29 and a 200 day moving average price of $225.60. The company has a market cap of $20.22 billion, a P/E ratio of 11.59, a PEG ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping the consensus estimate of $2.86 by $0.24. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The company’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company 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. Analysts expect that lululemon athletica inc. will post 14.36 EPS for the current year.

Insider Activity at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider owned 8,993 shares of the company’s stock, valued at $1,600,754. The trade was a 6.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Weiss Ratings restated a “sell (d+)” rating on shares of lululemon athletica in a research note on Wednesday, October 8th. Oppenheimer reaffirmed a “market perform” rating and set a $500.00 price objective on shares of lululemon athletica in a report on Friday, September 5th. TD Securities dropped their price objective on lululemon athletica from $298.00 to $220.00 and set a “buy” rating on the stock in a report on Friday, September 5th. Rothschild & Co Redburn dropped their price objective on lululemon athletica from $230.00 to $160.00 and set a “sell” rating on the stock in a report on Friday, September 12th. Finally, Evercore ISI reaffirmed an “in-line” rating and set a $180.00 price objective (down previously from $265.00) on shares of lululemon athletica in a report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-nine have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $228.42.

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.