KPP Advisory Services LLC Grows Position in lululemon athletica inc. $LULU

KPP Advisory Services LLC boosted its position in lululemon athletica inc. (NASDAQ:LULU) by 31.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,181 shares of the apparel retailer’s stock after purchasing an additional 754 shares during the quarter. KPP Advisory Services LLC’s holdings in lululemon athletica were worth $756,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in LULU. Vanguard Group Inc. increased its stake in shares of lululemon athletica by 1.2% during the first 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 position in shares of lululemon athletica by 3.3% in the 1st 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 purchasing an additional 162,295 shares during the last quarter. Alliancebernstein L.P. boosted its stake in lululemon athletica by 9.0% in the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after purchasing an additional 394,706 shares in the last quarter. Flossbach Von Storch SE grew its position in lululemon athletica by 10.3% during the 1st quarter. Flossbach Von Storch SE now owns 1,401,885 shares of the apparel retailer’s stock valued at $396,818,000 after purchasing an additional 130,565 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of lululemon athletica by 7.2% during the first quarter. Invesco Ltd. now owns 1,387,609 shares of the apparel retailer’s stock valued at $392,777,000 after buying an additional 93,530 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Insider Buying and Selling at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the firm’s 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 completion of the transaction, the insider directly 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 legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on LULU shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of lululemon athletica in a research note on Saturday, September 27th. Baird R W cut lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. BTIG Research reduced their price objective on lululemon athletica from $375.00 to $303.00 and set a “buy” rating for the company in a report on Friday, September 5th. JPMorgan Chase & Co. lowered their target price on shares of lululemon athletica from $224.00 to $191.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Finally, Hsbc Global Res lowered shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 11th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twenty-six have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $233.33.

lululemon athletica Stock Down 1.5%

NASDAQ LULU opened at $175.59 on Monday. The business has a 50-day moving average price of $187.64 and a 200-day moving average price of $240.86. The firm has a market cap of $20.82 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 10.98 and a beta of 1.07. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $423.32.

lululemon athletica (NASDAQ:LULU) last posted 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. 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 analysts’ expectations of $2.55 billion. During the same period in the previous year, the firm earned $3.15 EPS. The firm’s revenue was up 6.5% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Research analysts expect that lululemon athletica inc. will post 14.36 EPS 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.