lululemon athletica inc. $LULU Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC reduced its position in lululemon athletica inc. (NASDAQ:LULU) by 4.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,203 shares of the apparel retailer’s stock after selling 1,372 shares during the period. Voya Investment Management LLC’s holdings in lululemon athletica were worth $8,266,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Manhattan West Asset Management LLC grew its position in lululemon athletica by 5.4% in the first quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer’s stock valued at $205,000 after acquiring an additional 37 shares in the last quarter. Horizon Investments LLC raised its position in shares of lululemon athletica by 2.4% during the 1st quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer’s stock valued at $456,000 after acquiring an additional 38 shares in the last quarter. Carolinas Wealth Consulting LLC lifted its position in shares of lululemon athletica by 30.7% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 166 shares of the apparel retailer’s stock worth $63,000 after buying an additional 39 shares during the last quarter. Moody National Bank Trust Division boosted its stake in lululemon athletica by 1.2% in the first quarter. Moody National Bank Trust Division now owns 3,168 shares of the apparel retailer’s stock valued at $897,000 after acquiring an additional 39 shares during the period. Finally, GM Advisory Group LLC increased its position in lululemon athletica by 2.0% in the first quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer’s stock worth $564,000 after buying an additional 40 shares during the period. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Stock Up 0.7%

Shares of lululemon athletica stock opened at $163.48 on Thursday. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $423.32. The stock has a market cap of $19.39 billion, a PE ratio of 11.11, a price-to-earnings-growth ratio of 10.14 and a beta of 1.12. The business has a fifty day simple moving average of $200.09 and a 200-day simple moving average of $254.97.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $2.55 billion. During the same period in the previous year, the firm earned $3.15 earnings per share. lululemon athletica’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. Analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insider Activity

In related news, CEO Calvin Mcdonald sold 27,049 shares of the firm’s stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the completion of the sale, the chief executive officer directly owned 110,564 shares in the company, valued at approximately $26,058,829.16. This trade represents a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.54% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Telsey Advisory Group downgraded lululemon athletica from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $360.00 to $200.00 in a research report on Monday. Jefferies Financial Group cut their price target on shares of lululemon athletica from $160.00 to $150.00 and set an “underperform” rating for the company in a report on Tuesday, September 2nd. Wells Fargo & Company lowered their price objective on shares of lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating on the stock in a research note on Friday, September 5th. Morgan Stanley cut their target price on shares of lululemon athletica from $280.00 to $223.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 26th. Finally, Stifel Nicolaus restated a “hold” rating and set a $205.00 target price (down from $324.00) on shares of lululemon athletica in a report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, twenty-three have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, lululemon athletica presently has an average rating of “Hold” and a consensus price target of $239.30.

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.