Steward Partners Investment Advisory LLC Purchases 545 Shares of lululemon athletica inc. $LULU

Steward Partners Investment Advisory LLC grew its position in lululemon athletica inc. (NASDAQ:LULU) by 7.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 8,255 shares of the apparel retailer’s stock after buying an additional 545 shares during the period. Steward Partners Investment Advisory LLC’s holdings in lululemon athletica were worth $1,961,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC purchased a new stake in lululemon athletica during the 4th quarter valued at $429,000. Assetmark Inc. lifted its holdings in shares of lululemon athletica by 33.7% during the first quarter. Assetmark Inc. now owns 2,208 shares of the apparel retailer’s stock valued at $625,000 after purchasing an additional 557 shares in the last quarter. LPL Financial LLC boosted its position in shares of lululemon athletica by 0.6% during the first quarter. LPL Financial LLC now owns 129,822 shares of the apparel retailer’s stock valued at $36,747,000 after buying an additional 819 shares during the last quarter. Federated Hermes Inc. increased its holdings in lululemon athletica by 914.5% in the 1st quarter. Federated Hermes Inc. now owns 5,316 shares of the apparel retailer’s stock worth $1,505,000 after buying an additional 4,792 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in lululemon athletica by 120.7% in the 1st quarter. Arkadios Wealth Advisors now owns 6,030 shares of the apparel retailer’s stock worth $1,707,000 after buying an additional 3,298 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on LULU shares. Baird R W downgraded shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd. UBS Group lowered their price objective on shares of lululemon athletica from $185.00 to $183.00 and set a “neutral” rating on the stock in a research report on Monday, November 17th. BNP Paribas Exane raised shares of lululemon athletica from an “underperform” rating to a “neutral” rating and set a $146.00 target price for the company in a research report on Monday, October 20th. Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a report on Wednesday, October 8th. Finally, Robert W. Baird reaffirmed a “neutral” rating and issued a $195.00 price objective (down previously from $225.00) on shares of lululemon athletica in a report on Tuesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirty have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $227.68.

lululemon athletica Stock Up 1.5%

NASDAQ LULU opened at $184.75 on Friday. The stock’s 50-day moving average price is $172.42 and its 200-day moving average price is $211.18. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32. The company has a market capitalization of $21.91 billion, a P/E ratio of 12.56, a price-to-earnings-growth ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data 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. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the company posted $3.15 EPS. 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 anticipate that lululemon athletica inc. will post 14.36 EPS for the current year.

Insider Activity

In other 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 value of $109,470.00. Following the completion of the sale, the insider directly owned 8,993 shares of the company’s stock, valued at $1,600,754. This 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 at this hyperlink. 0.54% of the stock is currently 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.