New York State Common Retirement Fund Lowers Position in lululemon athletica inc. $LULU

New York State Common Retirement Fund lessened its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 4.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 65,457 shares of the apparel retailer’s stock after selling 3,150 shares during the period. New York State Common Retirement Fund owned 0.06% of lululemon athletica worth $11,647,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of lululemon athletica during the 2nd quarter worth approximately $17,747,000. K.J. Harrison & Partners Inc grew its holdings in shares of lululemon athletica by 100.1% in the second quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock valued at $1,426,000 after purchasing an additional 3,002 shares in the last quarter. Hussman Strategic Advisors Inc. increased its position in lululemon athletica by 66.7% in the third quarter. Hussman Strategic Advisors Inc. now owns 21,000 shares of the apparel retailer’s stock worth $3,737,000 after purchasing an additional 8,400 shares during the last quarter. U S Global Investors Inc. purchased a new stake in lululemon athletica during the second quarter valued at $760,000. Finally, Alpha Wealth Funds LLC bought a new position in lululemon athletica during the second quarter valued at $470,000. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Performance

LULU opened at $171.57 on Wednesday. The stock’s 50 day moving average price is $197.49 and its 200-day moving average price is $187.86. lululemon athletica inc. has a one year low of $159.25 and a one year high of $417.91. The stock has a market cap of $20.13 billion, a price-to-earnings ratio of 11.89, a P/E/G ratio of 11.32 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last posted 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 return on equity of 39.78% and a net margin of 15.72%.The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. During the same quarter in the previous year, the business earned $2.53 EPS. lululemon athletica’s 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. As a group, analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Celeste Burgoyne sold 13,511 shares of the firm’s stock in a transaction dated 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 transaction, the insider owned 5,318 shares of the company’s stock, valued at $1,084,872. This trade represents a 71.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.54% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on LULU shares. Zacks Research upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Barclays lifted their price target on lululemon athletica from $180.00 to $189.00 and gave the stock an “equal weight” rating in a research report on Friday, December 12th. Robert W. Baird upped their price objective on lululemon athletica from $195.00 to $210.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Guggenheim assumed coverage on lululemon athletica in a research note on Wednesday, December 10th. They issued a “neutral” rating for the company. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $215.00 target price on shares of lululemon athletica in a research report on Monday, January 26th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirty have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, lululemon athletica has a consensus rating of “Hold” and a consensus price target of $227.05.

lululemon athletica 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.