10,379 Shares in lululemon athletica inc. $LULU Bought by Westerkirk Capital Inc.

Westerkirk Capital Inc. purchased a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,379 shares of the apparel retailer’s stock, valued at approximately $2,466,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LULU. Vanguard Group Inc. lifted its stake in shares of lululemon athletica by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 13,266,929 shares of the apparel retailer’s stock valued at $3,755,337,000 after purchasing an additional 157,764 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in lululemon athletica by 3.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock valued at $1,418,389,000 after buying an additional 162,295 shares during the period. Alliancebernstein L.P. lifted its position in lululemon athletica by 9.0% during the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after buying an additional 394,706 shares in the last quarter. Geode Capital Management LLC grew its stake in lululemon athletica by 16.2% during the second quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock worth $700,502,000 after buying an additional 413,062 shares during the period. Finally, Flossbach Von Storch SE increased its position in shares of lululemon athletica by 17.0% in the second quarter. Flossbach Von Storch SE now owns 1,640,217 shares of the apparel retailer’s stock worth $389,683,000 after acquiring an additional 238,332 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Rothschild & Co Redburn reduced their target price on shares of lululemon athletica from $230.00 to $160.00 and set a “sell” rating on the stock in a report on Friday, September 12th. UBS Group reduced their price objective on lululemon athletica from $185.00 to $183.00 and set a “neutral” rating on the stock in a research note on Monday, November 17th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $205.00 target price (down previously from $324.00) on shares of lululemon athletica in a research report on Friday, September 5th. William Blair downgraded lululemon athletica from an “outperform” rating to a “market perform” rating in a report on Friday, September 5th. Finally, Sanford C. Bernstein lowered lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price target on the stock. in a research report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirty have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $227.68.

lululemon athletica Stock Down 1.0%

Shares of NASDAQ LULU opened at $182.41 on Tuesday. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32. The business has a 50 day moving average price of $172.60 and a two-hundred day moving average price of $209.48. The firm has a market cap of $21.63 billion, a PE ratio of 12.40, a price-to-earnings-growth ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same period in the prior year, the company posted $3.15 EPS. lululemon athletica’s quarterly revenue was up 6.5% on a year-over-year basis. 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, analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insider Buying and Selling

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the transaction, the insider directly owned 8,993 shares in the company, valued at $1,600,754. This represents a 6.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.54% of the stock is owned by company 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.