Hantz Financial Services Inc. boosted its stake in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) by 15.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,491 shares of the apparel retailer’s stock after buying an additional 2,812 shares during the quarter. Hantz Financial Services Inc.’s holdings in lululemon athletica were worth $4,868,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new position in lululemon athletica during the first quarter valued at about $25,000. Cornerstone Planning Group LLC grew its position in lululemon athletica by 506.3% during 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 during the period. Flaharty Asset Management LLC bought a new position in lululemon athletica during the first quarter valued at about $29,000. Blue Trust Inc. boosted its position in lululemon athletica by 96.8% during the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares during the period. Finally, Trust Co. of Toledo NA OH bought a new position in lululemon athletica during the second quarter worth about $30,000. Institutional investors own 85.20% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on LULU. Jefferies Financial Group reiterated an “underperform” rating on shares of lululemon athletica in a research report on Monday. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Monday, September 8th. Robert W. Baird reiterated a “neutral” rating and set a $195.00 target price (down previously from $225.00) on shares of lululemon athletica in a research report on Tuesday, September 23rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of lululemon athletica in a research report on Wednesday, October 8th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $205.00 target price (down previously from $324.00) on shares of lululemon athletica in a research report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twenty-nine have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, lululemon athletica currently has a consensus rating of “Hold” and an average price target of $228.42.
lululemon athletica Price Performance
Shares of LULU opened at $168.02 on Friday. The firm’s 50 day simple moving average is $178.03 and its 200 day simple moving average is $226.22. The company has a market capitalization of $19.92 billion, a P/E ratio of 11.42, a P/E/G ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32.
lululemon athletica (NASDAQ:LULU – Get Free Report) last announced its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, beating analysts’ consensus estimates of $2.86 by $0.24. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. lululemon athletica’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the firm posted $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. On average, equities analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the sale, the insider directly owned 8,993 shares of the company’s stock, valued at $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.54% of the stock is owned by corporate insiders.
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.
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