HighTower Advisors LLC Trims Stock Position in lululemon athletica inc. $LULU

HighTower Advisors LLC lessened its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 29.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,375 shares of the apparel retailer’s stock after selling 10,149 shares during the period. HighTower Advisors LLC’s holdings in lululemon athletica were worth $5,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Davis Investment Partners LLC increased its holdings in lululemon athletica by 2.9% in the fourth quarter. Davis Investment Partners LLC now owns 2,064 shares of the apparel retailer’s stock valued at $435,000 after buying an additional 58 shares in the last quarter. NorthRock Partners LLC increased its holdings in lululemon athletica by 4.2% in the third quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock valued at $276,000 after buying an additional 62 shares in the last quarter. Cornerstone Planning Group LLC increased its holdings in lululemon athletica by 81.9% in the third quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after buying an additional 68 shares in the last quarter. IHT Wealth Management LLC increased its holdings in lululemon athletica by 1.7% in the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after buying an additional 73 shares in the last quarter. Finally, Banque Cantonale Vaudoise increased its holdings in lululemon athletica by 3.2% in the third quarter. Banque Cantonale Vaudoise now owns 2,422 shares of the apparel retailer’s stock valued at $430,000 after buying an additional 74 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on LULU. The Goldman Sachs Group cut their price objective on shares of lululemon athletica from $200.00 to $184.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. BTIG Research cut their price objective on shares of lululemon athletica from $250.00 to $225.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. BNP Paribas Exane cut their price objective on shares of lululemon athletica from $206.00 to $170.00 and set a “neutral” rating for the company in a report on Wednesday, March 18th. Robert W. Baird cut their price objective on shares of lululemon athletica from $190.00 to $170.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Finally, Barclays cut their price objective on shares of lululemon athletica from $203.00 to $161.00 and set an “equal weight” rating for the company in a report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twenty-eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $201.66.

lululemon athletica News Roundup

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

• Positive Sentiment: Lululemon settled its proxy fight with founder Chip Wilson, adding two of his nominees to the board and reducing governance uncertainty as a new CEO prepares to take over. Lululemon Board Truce With Founder Resets Governance For CEO Transition
• Positive Sentiment: The truce may help stabilize investor confidence because it ends months of public conflict and creates an 18-month standstill with Wilson. Lululemon ends proxy battle with founder Chip Wilson
• Neutral Sentiment: Options data suggests LULU could swing sharply after the June 4 earnings report, signaling elevated event risk rather than a clear directional catalyst. Lululemon Earnings Could Swing Stock
• Neutral Sentiment: Analysts expect Q1 earnings to decline, with soft North America demand and tariffs potentially pressuring margins despite strength in China, men’s, and digital channels. lululemon Pre-Q1 Earnings: Is it the Right Time to Buy the Stock?
• Negative Sentiment: Preview coverage says Lululemon does not have the right setup for an earnings beat, reinforcing worries about near-term fundamentals. Earnings Preview: Lululemon (LULU) Q1 Earnings Expected to Decline

Insider Transactions at lululemon athletica

In other news, insider Nicole Neuburger sold 622 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following the transaction, the insider directly owned 19,156 shares in the company, valued at $3,084,116. The trade was a 3.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Charles V. Bergh bought 6,090 shares of the stock in a transaction dated Friday, March 20th. The shares were bought at an average price of $164.20 per share, for a total transaction of $999,978.00. Following the completion of the acquisition, the director owned 6,090 shares in the company, valued at approximately $999,978. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $131.33 on Friday. The stock has a market cap of $15.85 billion, a P/E ratio of 9.87, a P/E/G ratio of 4.04 and a beta of 0.90. The stock’s 50 day simple moving average is $145.65 and its 200-day simple moving average is $171.83. lululemon athletica inc. has a 1-year low of $116.63 and a 1-year high of $340.25.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share for the quarter, topping the consensus estimate of $4.78 by $0.23. The business had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.59 billion. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The business’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.14 EPS. As a group, research analysts expect that lululemon athletica inc. will post 12.26 EPS for the current fiscal year.

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.