Creative Capital Management Investments LLC Takes $62,000 Position in lululemon athletica inc. $LULU

Creative Capital Management Investments LLC bought a new stake in lululemon athletica inc. (NASDAQ:LULU) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 262 shares of the apparel retailer’s stock, valued at approximately $62,000.

A number of other hedge funds also recently modified their holdings of LULU. T. Rowe Price Investment Management Inc. lifted its holdings in shares of lululemon athletica by 151.6% in the first quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer’s stock valued at $218,052,000 after purchasing an additional 464,186 shares in the last quarter. Nuveen LLC purchased a new stake in shares of lululemon athletica in the first quarter valued at $123,894,000. Alliancebernstein L.P. raised its holdings in shares of lululemon athletica by 9.0% during the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after acquiring an additional 394,706 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of lululemon athletica by 3.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock worth $1,418,389,000 after acquiring an additional 162,295 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. raised its holdings in shares of lululemon athletica by 16.6% during the first quarter. Diamond Hill Capital Management Inc. now owns 1,128,607 shares of the apparel retailer’s stock worth $319,463,000 after acquiring an additional 160,897 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Telsey Advisory Group lowered lululemon athletica from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $360.00 to $200.00 in a report on Monday, September 15th. TD Securities cut their price objective on lululemon athletica from $298.00 to $220.00 and set a “buy” rating for the company in a report on Friday, September 5th. Citigroup cut their price objective on lululemon athletica from $220.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, September 5th. KeyCorp lowered lululemon athletica from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 9th. Finally, Wells Fargo & Company lowered their target price on shares of lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating on the stock in a research report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twenty-six have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and an average target price of $233.33.

lululemon athletica Stock Down 1.5%

Shares of LULU opened at $175.59 on Friday. The stock has a market cap of $20.82 billion, a price-to-earnings ratio of 11.94, a P/E/G ratio of 11.14 and a beta of 1.07. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $423.32. The company has a 50-day moving average price of $187.64 and a two-hundred day moving average price of $242.05.

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 analysts’ consensus estimates 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%. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. 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 research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal 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 value of $109,470.00. Following the transaction, the insider directly 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 the SEC website. 0.54% of the stock is owned by insiders.

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.