Cetera Investment Advisers Sells 3,494 Shares of lululemon athletica inc. $LULU

Cetera Investment Advisers decreased its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 12.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,067 shares of the apparel retailer’s stock after selling 3,494 shares during the period. Cetera Investment Advisers’ holdings in lululemon athletica were worth $5,718,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in LULU. Meridian Wealth Management LLC grew its holdings in lululemon athletica by 4.2% during the 2nd quarter. Meridian Wealth Management LLC now owns 4,348 shares of the apparel retailer’s stock valued at $1,033,000 after buying an additional 175 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of lululemon athletica by 5.8% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 27,110 shares of the apparel retailer’s stock worth $6,441,000 after acquiring an additional 1,488 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its position in shares of lululemon athletica by 10.8% during the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 28,840 shares of the apparel retailer’s stock valued at $6,839,000 after acquiring an additional 2,803 shares during the last quarter. Candriam S.C.A. grew its holdings in shares of lululemon athletica by 49.5% in the second quarter. Candriam S.C.A. now owns 105,323 shares of the apparel retailer’s stock valued at $25,024,000 after purchasing an additional 34,880 shares in the last quarter. Finally, Impax Asset Management Group plc grew its holdings in shares of lululemon athletica by 47.1% in the second quarter. Impax Asset Management Group plc now owns 29,598 shares of the apparel retailer’s stock valued at $7,032,000 after purchasing an additional 9,472 shares in the last quarter. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $168.18 on Monday. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32. The firm has a 50-day simple moving average of $171.01 and a two-hundred day simple moving average of $214.65. The company has a market cap 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 (NASDAQ:LULU) last released its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating 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 firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.55 billion. During the same quarter in the prior year, the firm posted $3.15 earnings per share. The company’s quarterly 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. As a group, equities research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current year.

Insider Activity at lululemon athletica

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

Wall Street Analyst Weigh In

LULU has been the topic of a number of recent research reports. William Blair downgraded shares of lululemon athletica from an “outperform” rating to a “market perform” rating in a research note on Friday, September 5th. Truist Financial cut shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 target price on the stock. in a research report on Friday, September 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of lululemon athletica in a report on Wednesday, October 8th. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a research note on Friday. Finally, Telsey Advisory Group lowered lululemon athletica from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $360.00 to $200.00 in a research note on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirty have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $227.68.

lululemon athletica 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.