TD Private Client Wealth LLC Sells 754 Shares of lululemon athletica inc. $LULU

TD Private Client Wealth LLC lessened its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 49.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 782 shares of the apparel retailer’s stock after selling 754 shares during the period. TD Private Client Wealth LLC’s holdings in lululemon athletica were worth $186,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Manhattan West Asset Management LLC raised its holdings in lululemon athletica by 5.4% during the first quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer’s stock worth $205,000 after acquiring an additional 37 shares in the last quarter. Horizon Investments LLC raised its stake in lululemon athletica by 2.4% in the first quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer’s stock valued at $456,000 after buying an additional 38 shares during the period. GM Advisory Group LLC raised its stake 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 valued at $564,000 after buying an additional 40 shares during the period. Hancock Whitney Corp raised its stake in lululemon athletica by 4.6% in the first quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock valued at $269,000 after buying an additional 42 shares during the period. Finally, UMB Bank n.a. raised its stake in lululemon athletica by 6.3% in the first quarter. UMB Bank n.a. now owns 744 shares of the apparel retailer’s stock valued at $211,000 after buying an additional 44 shares during the period. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Price Performance

Shares of NASDAQ:LULU opened at $176.30 on Monday. The company has a market capitalization of $20.91 billion, a P/E ratio of 11.99, a P/E/G ratio of 11.01 and a beta of 1.12. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32. The business’s 50 day simple moving average is $192.06 and its 200 day simple moving average is $245.95.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. The business had revenue of $2.53 billion for 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 quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.15 earnings per share. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. On average, sell-side analysts anticipate that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Analyst Ratings Changes

LULU has been the topic of several research analyst reports. UBS Group dropped their price objective on lululemon athletica from $240.00 to $185.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Dbs Bank dropped their price objective on lululemon athletica from $165.00 to $134.00 in a research note on Friday, September 19th. Oppenheimer restated a “market perform” rating and issued a $500.00 price objective on shares of lululemon athletica in a research note on Friday, September 5th. Morgan Stanley dropped their price objective on lululemon athletica from $280.00 to $223.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 26th. Finally, KeyCorp lowered lululemon athletica from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $234.64.

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.