Northwestern Mutual Wealth Management Co. Has $8.95 Million Stock Holdings in lululemon athletica inc. $LULU

Northwestern Mutual Wealth Management Co. raised its holdings in lululemon athletica inc. (NASDAQ:LULU) by 25.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,054 shares of the apparel retailer’s stock after purchasing an additional 8,732 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in lululemon athletica were worth $8,947,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Davis Investment Partners LLC lifted its stake in shares of lululemon athletica by 2.9% in the 4th quarter. Davis Investment Partners LLC now owns 2,064 shares of the apparel retailer’s stock valued at $435,000 after acquiring an additional 58 shares during the last quarter. NorthRock Partners LLC lifted its stake in shares of lululemon athletica by 4.2% in the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock valued at $276,000 after acquiring an additional 62 shares during the last quarter. Cornerstone Planning Group LLC lifted its stake in shares of lululemon athletica by 81.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after acquiring an additional 68 shares during the last quarter. IHT Wealth Management LLC lifted its stake in shares of lululemon athletica by 1.7% in the 2nd quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after acquiring an additional 73 shares during the last quarter. Finally, Banque Cantonale Vaudoise lifted its stake in shares of lululemon athletica by 3.2% in the 3rd quarter. Banque Cantonale Vaudoise now owns 2,422 shares of the apparel retailer’s stock valued at $430,000 after acquiring an additional 74 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors.

More lululemon athletica News

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Lululemon reached a settlement with founder and major shareholder Chip Wilson, ending the public feud for now and potentially reducing headline risk ahead of the new CEO’s tenure. Massive News for Lululemon Stock Investors
• Positive Sentiment: The founder dispute resolution may let management focus more on execution and the upcoming turnaround effort instead of ongoing public criticism. Lululemon and Founder Chip Wilson Agree to End Public Feud, for Now. Is It Safe to Buy the Stock Again?
• Neutral Sentiment: UBS cut its price target and kept a Hold/Neutral stance, signaling limited near-term conviction despite still seeing some upside from current levels. UBS Releases a Hold Rating on Lululemon Athletica (LULU)
• Neutral Sentiment: Multiple previews suggest investors are focused on Q1 traffic, conversion, margins, and whether a meaningful recovery is still far off, keeping sentiment cautious ahead of earnings. Lululemon traffic trends, margins and turnaround timeline in focus for Q1 report
• Negative Sentiment: Jefferies warned that weak traffic, softer North American demand, and limited brand momentum could weigh on results, with a meaningful turnaround possibly not arriving until 2027. Lululemon traffic trends, margins and turnaround timeline in focus for Q1 report
• Negative Sentiment: A lawsuit against Costco over alleged sales of “fashion dupes” adds another legal distraction, though investors are likely viewing it as less important than the earnings setup. Lululemon Sues Costco Over Alleged Sale Of Fashion Dupes

Insider Buying and Selling

In related news, Director Charles V. Bergh bought 6,090 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was acquired at an average cost of $164.20 per share, with a total value of $999,978.00. Following the transaction, the director directly owned 6,090 shares in the company, valued at approximately $999,978. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andre Maestrini bought 3,275 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were bought at an average cost of $151.02 per share, with a total value of $494,590.50. Following the completion of the transaction, the chief executive officer owned 34,551 shares in the company, valued at $5,217,892.02. The trade was a 10.47% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.54% of the stock is owned by corporate insiders.

lululemon athletica Stock Down 4.3%

Shares of NASDAQ:LULU opened at $126.47 on Wednesday. The firm has a market cap of $15.27 billion, a P/E ratio of 9.51, a P/E/G ratio of 4.07 and a beta of 0.87. lululemon athletica inc. has a 12-month low of $116.63 and a 12-month high of $340.25. The business has a fifty day simple moving average of $144.29 and a 200 day simple moving average of $171.29.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.78 by $0.23. The business had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.59 billion. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.lululemon athletica’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the company earned $6.14 EPS. As a group, equities research analysts expect that lululemon athletica inc. will post 12.26 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on LULU. Robert W. Baird dropped their price target on lululemon athletica from $190.00 to $170.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Piper Sandler dropped their price target on lululemon athletica from $190.00 to $130.00 and set a “neutral” rating for the company in a research note on Friday, May 22nd. BNP Paribas Exane dropped their price target on lululemon athletica from $206.00 to $170.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. UBS Group dropped their price target on lululemon athletica from $176.00 to $153.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Telsey Advisory Group dropped their price target on lululemon athletica from $215.00 to $175.00 and set a “market perform” rating for the company in a research note on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twenty-eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $200.84.

lululemon athletica Profile

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.