United Asset Strategies Inc. Decreases Stock Holdings in lululemon athletica inc. $LULU

United Asset Strategies Inc. reduced its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 54.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,627 shares of the apparel retailer’s stock after selling 3,112 shares during the quarter. United Asset Strategies Inc.’s holdings in lululemon athletica were worth $744,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in lululemon athletica by 1.2% during the first quarter. Vanguard Group Inc. now owns 13,266,929 shares of the apparel retailer’s stock worth $3,755,337,000 after buying an additional 157,764 shares during the period. Price T Rowe Associates Inc. MD grew its stake in lululemon athletica by 3.3% during the first 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 buying an additional 162,295 shares during the period. Flossbach Von Storch SE grew its stake in lululemon athletica by 10.3% during the first quarter. Flossbach Von Storch SE now owns 1,401,885 shares of the apparel retailer’s stock worth $396,818,000 after buying an additional 130,565 shares during the period. Invesco Ltd. grew its stake in lululemon athletica by 7.2% during the first quarter. Invesco Ltd. now owns 1,387,609 shares of the apparel retailer’s stock worth $392,777,000 after buying an additional 93,530 shares during the period. Finally, American Century Companies Inc. grew its stake in lululemon athletica by 12.1% during the first quarter. American Century Companies Inc. now owns 1,301,017 shares of the apparel retailer’s stock worth $368,266,000 after buying an additional 139,944 shares during the period. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica Price Performance

LULU opened at $198.18 on Friday. The stock has a market capitalization of $23.75 billion, a PE ratio of 13.43, a P/E/G ratio of 1.69 and a beta of 1.16. The firm’s fifty day moving average price is $219.77 and its 200 day moving average price is $280.76. lululemon athletica inc. has a 12-month low of $185.95 and a 12-month high of $423.32.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, June 5th. The apparel retailer reported $2.60 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.60. The firm had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.36 billion. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.54 earnings per share. lululemon athletica has set its FY 2025 guidance at 14.580-14.780 EPS. Q2 2025 guidance at 2.850-2.900 EPS. On average, equities research analysts forecast that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Insider Transactions at lululemon athletica

In related news, CEO Calvin Mcdonald sold 27,049 shares of the company’s stock in a transaction on Friday, June 27th. The shares were sold at an average price of $235.69, for a total value of $6,375,178.81. Following the sale, the chief executive officer directly owned 110,564 shares of the company’s stock, valued at $26,058,829.16. This represents a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.54% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on LULU shares. Wells Fargo & Company decreased their price objective on shares of lululemon athletica from $225.00 to $205.00 and set an “equal weight” rating for the company in a research note on Tuesday. CICC Research reissued a “market perform” rating and set a $280.49 target price on shares of lululemon athletica in a research report on Monday, June 9th. Needham & Company LLC reduced their target price on shares of lululemon athletica from $366.00 to $317.00 and set a “buy” rating on the stock in a research report on Friday, June 6th. Evercore ISI boosted their target price on shares of lululemon athletica from $320.00 to $400.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 3rd. Finally, UBS Group reduced their target price on shares of lululemon athletica from $290.00 to $240.00 and set a “neutral” rating on the stock in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $319.98.

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.