GRIMES & Co WEALTH MANAGEMENT LLC Cuts Stake in lululemon athletica inc. $LULU

GRIMES & Co WEALTH MANAGEMENT LLC lessened its holdings in lululemon athletica inc. (NASDAQ:LULU) by 61.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,504 shares of the apparel retailer’s stock after selling 34,357 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in lululemon athletica were worth $3,826,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Norges Bank acquired a new position in lululemon athletica during the 2nd quarter worth $217,344,000. Pacer Advisors Inc. grew its position in shares of lululemon athletica by 2,598.9% during the third quarter. Pacer Advisors Inc. now owns 475,957 shares of the apparel retailer’s stock worth $84,687,000 after buying an additional 458,322 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of lululemon athletica by 16.2% during the second quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock worth $700,502,000 after buying an additional 413,062 shares during the period. Invesco Ltd. raised its holdings in lululemon athletica by 23.3% in the second quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer’s stock valued at $406,363,000 after acquiring an additional 322,816 shares in the last quarter. Finally, Laurel Wealth Advisors LLC lifted its stake in lululemon athletica by 130,353.2% in the second quarter. Laurel Wealth Advisors LLC now owns 286,997 shares of the apparel retailer’s stock worth $68,185,000 after acquiring an additional 286,777 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Key lululemon athletica News

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Management said Q4 revenue and EPS are likely toward the high end of prior guidance, citing strong holiday sales — a direct catalyst for upward revisions to near-term earnings expectations. Business Wire: Lululemon Updates Q4 Expectations
• Positive Sentiment: Multiple media reports corroborate that Lululemon expects holiday-quarter revenue and profit at the top end of its prior forecast, reinforcing the management update and supporting sentiment into the ICR conference and upcoming print. Reuters: Lululemon Expects Q4 at Top End
• Positive Sentiment: Operationally, Lululemon’s guest-experience revamp (product activation, new store formats) is starting to lift store traffic and engagement, suggesting sustainable sales improvements beyond holiday promotions. Zacks: Guest Experience Revamp
• Positive Sentiment: Short interest fell meaningfully in December (6.01M shares, down ~20.7% vs mid-December) and short interest represented ~5.2% of shares — lower short exposure can reduce selling pressure into the quarter. (Data entry: Dec. 31 short-interest report)
• Neutral Sentiment: One Jan. 12 short-interest entry shows zero shares / NaN change versus Dec. 28 — this appears to be a data/reporting glitch and should be treated cautiously.
• Neutral Sentiment: Brokerage consensus remains a “Hold” on LULU, indicating some analysts are waiting for sustained margin or top-line improvements before moving to buy ratings. American Banking News: Consensus Rating

Insider Buying and Selling

In related news, insider Celeste Burgoyne sold 13,511 shares of the company’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 completion of the sale, the insider owned 5,318 shares in the company, valued at $1,084,872. This represents a 71.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is currently owned by company insiders.

lululemon athletica Stock Performance

LULU opened at $209.04 on Tuesday. lululemon athletica inc. has a one year low of $159.25 and a one year high of $423.32. The stock has a market capitalization of $24.52 billion, a P/E ratio of 14.49, a price-to-earnings-growth ratio of 12.57 and a beta of 1.01. The business’s 50-day simple moving average is $190.26 and its 200-day simple moving average is $193.08.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (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 for the quarter, compared to the consensus estimate of $2.48 billion. During the same quarter last year, the business posted $2.53 EPS. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. 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, equities research analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on LULU shares. Robert W. Baird boosted their price target on shares of lululemon athletica from $195.00 to $210.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Jefferies Financial Group boosted their target price on shares of lululemon athletica from $170.00 to $200.00 and gave the stock a “hold” rating in a research note on Thursday, December 18th. BNP Paribas raised lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. Deutsche Bank Aktiengesellschaft began coverage on lululemon athletica in a report on Thursday, January 8th. They set a “hold” rating for the company. Finally, Telsey Advisory Group increased their price objective on lululemon athletica from $200.00 to $215.00 and gave the company a “market perform” rating in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty-three have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, lululemon athletica currently has a consensus rating of “Hold” and an average target price of $228.19.

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.