Donald L. Hagan LLC Lowers Position in lululemon athletica inc. $LULU

Donald L. Hagan LLC lowered its holdings in lululemon athletica inc. (NASDAQ:LULU) by 5.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,980 shares of the apparel retailer’s stock after selling 168 shares during the period. Donald L. Hagan LLC’s holdings in lululemon athletica were worth $708,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of LULU. Brighton Jones LLC purchased a new stake in shares of lululemon athletica in the 4th quarter valued at about $429,000. Versant Capital Management Inc increased its position in shares of lululemon athletica by 122.4% during the 1st quarter. Versant Capital Management Inc now owns 407 shares of the apparel retailer’s stock valued at $115,000 after purchasing an additional 224 shares during the last quarter. Rhumbline Advisers increased its position in shares of lululemon athletica by 3.1% during the 1st quarter. Rhumbline Advisers now owns 214,260 shares of the apparel retailer’s stock valued at $60,648,000 after purchasing an additional 6,441 shares during the last quarter. Czech National Bank increased its position in shares of lululemon athletica by 5.1% during the 1st quarter. Czech National Bank now owns 25,734 shares of the apparel retailer’s stock valued at $7,284,000 after purchasing an additional 1,243 shares during the last quarter. Finally, Merit Financial Group LLC increased its position in shares of lululemon athletica by 124.4% during the 1st quarter. Merit Financial Group LLC now owns 3,786 shares of the apparel retailer’s stock valued at $1,072,000 after purchasing an additional 2,099 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. BTIG Research reduced their price objective on lululemon athletica from $375.00 to $303.00 and set a “buy” rating on the stock in a research report on Friday, September 5th. Morgan Stanley reduced their price objective on lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating on the stock in a research report on Tuesday. HSBC lowered lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price objective on the stock. in a research report on Thursday, September 11th. Robert W. Baird reiterated a “neutral” rating and set a $195.00 price objective (down from $225.00) on shares of lululemon athletica in a research report on Tuesday, September 23rd. Finally, William Blair lowered lululemon athletica from an “outperform” rating to a “market perform” rating in a research report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $233.33.

lululemon athletica Price Performance

LULU opened at $177.93 on Wednesday. The stock’s 50 day simple moving average is $190.26 and its 200 day simple moving average is $244.56. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32. The firm has a market cap of $21.10 billion, a price-to-earnings ratio of 12.10, a PEG ratio of 11.19 and a beta of 1.12.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.24. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.lululemon athletica’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period last year, the company earned $3.15 EPS. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, sell-side analysts anticipate that lululemon athletica inc. will post 14.36 EPS for the current year.

lululemon athletica Company Profile

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.