US Bancorp DE Sells 3,833 Shares of lululemon athletica inc. $LULU

US Bancorp DE cut its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 10.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,031 shares of the apparel retailer’s stock after selling 3,833 shares during the quarter. US Bancorp DE’s holdings in lululemon athletica were worth $5,699,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Migdal Insurance & Financial Holdings Ltd. increased its position in lululemon athletica by 464.0% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock worth $34,000 after acquiring an additional 116 shares during the period. Cornerstone Planning Group LLC grew its position in lululemon athletica by 81.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after purchasing an additional 68 shares during the last quarter. Murphy & Mullick Capital Management Corp increased its holdings in shares of lululemon athletica by 187.5% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after purchasing an additional 105 shares during the period. Tradewinds Capital Management LLC increased its holdings in shares of lululemon athletica by 18,400.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock worth $33,000 after purchasing an additional 184 shares during the period. Finally, Golden State Wealth Management LLC raised its position in shares of lululemon athletica by 129.4% during the third quarter. Golden State Wealth Management LLC now owns 195 shares of the apparel retailer’s stock valued at $35,000 after buying an additional 110 shares during the last quarter. 85.20% of the stock is owned by institutional investors.

lululemon athletica Price Performance

Shares of NASDAQ:LULU opened at $185.17 on Monday. The business’s fifty day moving average price is $192.63 and its two-hundred day moving average price is $184.53. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $367.01. The stock has a market capitalization of $21.72 billion, a price-to-earnings ratio of 12.83, a price-to-earnings-growth ratio of 11.66 and a beta of 1.00.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, beating the consensus estimate of $2.22 by $0.37. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.48 billion. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.53 EPS. 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. Research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group decreased their target price on lululemon athletica from $200.00 to $185.00 and set a “hold” rating on the stock in a research report on Friday, January 30th. JPMorgan Chase & Co. raised their price objective on lululemon athletica from $203.00 to $209.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 20th. UBS Group set a $206.00 price objective on lululemon athletica in a report on Wednesday, December 31st. Deutsche Bank Aktiengesellschaft started coverage on lululemon athletica in a research note on Thursday, January 8th. They issued a “hold” rating for the company. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $210.00 price target on shares of lululemon athletica in a research note on Tuesday, December 30th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $227.05.

Insiders Place Their Bets

In other news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the transaction, the insider directly owned 5,318 shares of the company’s stock, valued at $1,084,872. The trade was a 71.76% decrease in their position. The sale was disclosed in a legal filing 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.