Keybank National Association OH Has $3.36 Million Holdings in lululemon athletica inc. $LULU

Keybank National Association OH decreased its position in lululemon athletica inc. (NASDAQ:LULU) by 66.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 18,893 shares of the apparel retailer’s stock after selling 37,891 shares during the period. Keybank National Association OH’s holdings in lululemon athletica were worth $3,362,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of lululemon athletica in the 4th quarter worth about $429,000. NewEdge Advisors LLC increased its holdings in lululemon athletica by 5.1% in the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock worth $1,089,000 after purchasing an additional 186 shares in the last quarter. OLD National Bancorp IN bought a new stake in lululemon athletica in the second quarter worth approximately $4,082,000. Belpointe Asset Management LLC lifted its stake in lululemon athletica by 7.1% in the second quarter. Belpointe Asset Management LLC now owns 5,662 shares of the apparel retailer’s stock valued at $1,345,000 after buying an additional 377 shares during the period. Finally, KPP Advisory Services LLC boosted its holdings in shares of lululemon athletica by 31.1% during the 2nd quarter. KPP Advisory Services LLC now owns 3,181 shares of the apparel retailer’s stock worth $756,000 after buying an additional 754 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on LULU. Raymond James Financial reiterated a “strong-buy” rating on shares of lululemon athletica in a research note on Thursday, January 22nd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $210.00 price target on shares of lululemon athletica in a research note on Tuesday, December 30th. Sanford C. Bernstein lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price objective on the stock. in a report on Thursday, October 16th. Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Finally, Bank of America boosted their target price on lululemon athletica from $185.00 to $220.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $227.05.

lululemon athletica Stock Performance

Shares of NASDAQ LULU opened at $179.08 on Tuesday. The stock has a market cap of $21.01 billion, a price-to-earnings ratio of 12.41, a PEG ratio of 10.78 and a beta of 1.01. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $417.91. The firm’s 50-day simple moving average is $197.61 and its 200 day simple moving average is $188.27.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The firm had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.48 billion. During the same period in the previous year, the company posted $2.53 EPS. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. On average, sell-side analysts predict that lululemon athletica inc. will post 14.36 EPS for the current year.

Insider Buying and Selling

In related news, insider Celeste Burgoyne sold 13,511 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the completion of the sale, the insider directly owned 5,318 shares of the company’s stock, valued at approximately $1,084,872. This represents a 71.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.54% of the company’s stock.

lululemon athletica Company Profile

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.