Gateway Investment Advisers LLC Sells 2,598 Shares of lululemon athletica inc. $LULU

Gateway Investment Advisers LLC lowered its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 8.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,161 shares of the apparel retailer’s stock after selling 2,598 shares during the quarter. Gateway Investment Advisers LLC’s holdings in lululemon athletica were worth $5,011,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in LULU. Brighton Jones LLC purchased a new stake in lululemon athletica during the fourth quarter valued at approximately $429,000. Advisors Asset Management Inc. boosted its stake in shares of lululemon athletica by 21.6% during the 1st quarter. Advisors Asset Management Inc. now owns 2,928 shares of the apparel retailer’s stock worth $829,000 after acquiring an additional 521 shares during the last quarter. Hancock Whitney Corp grew its position in shares of lululemon athletica by 4.6% during the 1st quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock valued at $269,000 after acquiring an additional 42 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in shares of lululemon athletica in the 1st quarter worth $14,638,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in lululemon athletica by 3.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 104,504 shares of the apparel retailer’s stock worth $29,582,000 after purchasing an additional 3,535 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Trading Up 1.4%

NASDAQ LULU opened at $210.81 on Monday. 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 $24.73 billion, a PE ratio of 14.61, a P/E/G ratio of 13.00 and a beta of 1.01. The stock’s 50 day moving average is $185.67 and its 200 day moving average is $193.87.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The business had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.48 billion. During the same period last year, the firm posted $2.53 EPS. The company’s revenue 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, analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LULU has been the subject of several recent research reports. Hsbc Global Res lowered lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 11th. The Goldman Sachs Group lifted their price objective on lululemon athletica from $180.00 to $200.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Guggenheim started coverage on shares of lululemon athletica in a report on Wednesday, December 10th. They issued a “neutral” rating for the company. Needham & Company LLC restated a “hold” rating on shares of lululemon athletica in a research note on Friday, November 21st. Finally, Robert W. Baird lifted their price target on shares of lululemon athletica from $195.00 to $210.00 and gave the company a “neutral” rating in a report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $228.19.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total value of $2,756,244.00. Following the sale, the insider owned 5,318 shares in the company, valued at $1,084,872. The trade was a 71.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.54% of the company’s stock.

About lululemon athletica

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.