Soundwatch Capital LLC Takes Position in lululemon athletica inc. $LULU

Soundwatch Capital LLC acquired a new position in shares of lululemon athletica inc. (NASDAQ:LULU) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 52,001 shares of the apparel retailer’s stock, valued at approximately $12,354,000. lululemon athletica accounts for approximately 0.1% of Soundwatch Capital LLC’s portfolio, making the stock its 28th largest position.

Several other large investors have also recently bought and sold shares of the business. Sandler Capital Management acquired a new position in lululemon athletica during the first quarter worth about $484,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of lululemon athletica during the 2nd quarter worth approximately $17,747,000. K.J. Harrison & Partners Inc grew its holdings in shares of lululemon athletica by 100.1% in the 2nd quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock worth $1,426,000 after acquiring an additional 3,002 shares during the period. WealthPlan Investment Management LLC increased its stake in lululemon athletica by 26.9% in the 1st quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock valued at $2,165,000 after purchasing an additional 1,622 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in lululemon athletica by 5.9% during the first quarter. Ameriprise Financial Inc. now owns 748,236 shares of the apparel retailer’s stock worth $211,704,000 after purchasing an additional 41,936 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Trading Up 2.1%

lululemon athletica stock opened at $168.18 on Friday. The firm has a market capitalization of $19.94 billion, a P/E ratio of 11.43, a PEG ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32. The stock has a fifty day moving average price of $171.01 and a 200 day moving average price of $215.07.

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, beating analysts’ consensus estimates of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the previous year, the firm earned $3.15 earnings per share. lululemon athletica’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. As a group, equities analysts predict that lululemon athletica inc. will post 14.36 EPS for the current year.

Insider Transactions at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the stock in a transaction that occurred 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 sale, the insider owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This represents a 6.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on LULU shares. Telsey Advisory Group cut lululemon athletica from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $360.00 to $200.00 in a research report on Monday, September 15th. Stifel Nicolaus reissued a “hold” rating and issued a $205.00 price objective (down from $324.00) on shares of lululemon athletica in a research note on Friday, September 5th. The Goldman Sachs Group dropped their target price on shares of lululemon athletica from $200.00 to $180.00 and set a “neutral” rating for the company in a report on Monday, November 17th. Barclays cut their target price on shares of lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, September 5th. Finally, Citigroup set a $190.00 price target on shares of lululemon athletica and gave the company a “neutral” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirty have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and an average target price of $227.68.

lululemon athletica Company 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.