William Allan Corp Raises Stock Holdings in lululemon athletica inc. $LULU

William Allan Corp lifted its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 27.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,274 shares of the apparel retailer’s stock after acquiring an additional 1,562 shares during the quarter. William Allan Corp’s holdings in lululemon athletica were worth $1,728,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. N.E.W. Advisory Services LLC purchased a new stake in shares of lululemon athletica during the first quarter valued at approximately $25,000. Cornerstone Planning Group LLC increased its position in lululemon athletica by 506.3% in the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock worth $26,000 after buying an additional 81 shares during the last quarter. Flaharty Asset Management LLC purchased a new stake in lululemon athletica in the first quarter worth $29,000. Zions Bancorporation National Association UT purchased a new stake in lululemon athletica in the first quarter worth $31,000. Finally, Blue Trust Inc. increased its position in lululemon athletica by 96.8% in the second 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 last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on LULU. Barclays decreased their target price on lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, September 5th. HSBC downgraded lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 target price for the company. in a research report on Thursday, September 11th. Evercore ISI reissued an “in-line” rating and issued a $180.00 target price (down from $265.00) on shares of lululemon athletica in a research report on Friday, September 5th. The Goldman Sachs Group decreased their target price on lululemon athletica from $232.00 to $200.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. Finally, Zacks Research downgraded lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twenty-nine have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, lululemon athletica currently has a consensus rating of “Hold” and a consensus price target of $228.42.

Insider Transactions at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of lululemon athletica stock in a transaction 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 completion of the sale, the insider owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica Stock Performance

NASDAQ:LULU opened at $181.39 on Tuesday. The firm has a market capitalization of $21.51 billion, a price-to-earnings ratio of 12.33, a P/E/G ratio of 11.14 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. The stock has a fifty day moving average of $179.55 and a 200 day moving average of $227.80.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data 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 during 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 firm’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the company earned $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. Equities analysts forecast that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

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.