Keybank National Association OH Has $13.49 Million Holdings in lululemon athletica inc. $LULU

Keybank National Association OH cut its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 58.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,784 shares of the apparel retailer’s stock after selling 80,255 shares during the period. Keybank National Association OH’s holdings in lululemon athletica were worth $13,491,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Sandler Capital Management acquired a new stake in shares of lululemon athletica during the first quarter worth $484,000. Twin Capital Management Inc. grew its stake in shares of lululemon athletica by 58.3% during the first quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer’s stock worth $1,041,000 after purchasing an additional 1,354 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in lululemon athletica in the second quarter valued at about $17,747,000. WealthPlan Investment Management LLC grew its stake in lululemon athletica by 26.9% in the first quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock valued at $2,165,000 after acquiring an additional 1,622 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in lululemon athletica by 5.9% in the first quarter. Ameriprise Financial Inc. now owns 748,236 shares of the apparel retailer’s stock valued at $211,704,000 after acquiring an additional 41,936 shares during the period. 85.20% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider owned 8,993 shares in the company, valued at approximately $1,600,754. This represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. HSBC cut lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 target price for the company. in a research note on Thursday, September 11th. 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 note on Friday, September 5th. Morgan Stanley decreased their target price on lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 30th. Baird R W cut lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 23rd. Finally, BNP Paribas Exane raised lululemon athletica from an “underperform” rating to a “neutral” rating and set a $146.00 target price for the company in a research note on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twenty-nine have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, lululemon athletica has an average rating of “Hold” and a consensus price target of $228.42.

lululemon athletica Stock Performance

LULU opened at $168.02 on Friday. lululemon athletica inc. has a 52-week low of $159.25 and a 52-week high of $423.32. The firm has a market capitalization of $19.92 billion, a PE ratio of 11.42, a PEG ratio of 10.64 and a beta of 1.07. The business’s 50-day simple moving average is $178.03 and its 200 day simple moving average is $226.22.

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