Kingswood Wealth Advisors LLC Takes $945,000 Position in lululemon athletica inc. $LULU

Kingswood Wealth Advisors LLC acquired a new position in lululemon athletica inc. (NASDAQ:LULU) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 5,311 shares of the apparel retailer’s stock, valued at approximately $945,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in LULU. Novem Group boosted its holdings in lululemon athletica by 1.4% during the second quarter. Novem Group now owns 3,201 shares of the apparel retailer’s stock worth $760,000 after buying an additional 45 shares in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its position in shares of lululemon athletica by 9.1% during the 2nd quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 600 shares of the apparel retailer’s stock valued at $143,000 after acquiring an additional 50 shares during the last quarter. Centurion Wealth Management LLC lifted its position in shares of lululemon athletica by 6.4% during the 2nd quarter. Centurion Wealth Management LLC now owns 868 shares of the apparel retailer’s stock valued at $206,000 after acquiring an additional 52 shares during the last quarter. Westside Investment Management Inc. boosted its stake in shares of lululemon athletica by 15.4% during the 2nd quarter. Westside Investment Management Inc. now owns 420 shares of the apparel retailer’s stock worth $100,000 after acquiring an additional 56 shares in the last quarter. Finally, Twin Capital Management Inc. grew its holdings in shares of lululemon athletica by 1.6% in the 2nd quarter. Twin Capital Management Inc. now owns 3,734 shares of the apparel retailer’s stock worth $887,000 after acquiring an additional 58 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica Price Performance

Shares of LULU opened at $203.90 on Friday. The business’s 50-day moving average is $189.38 and its 200-day moving average is $193.78. The company has a market capitalization of $23.92 billion, a price-to-earnings ratio of 14.13, a P/E/G ratio of 13.08 and a beta of 1.01. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32.

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

Insider Activity at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the transaction, the insider directly owned 5,318 shares in the company, valued at $1,084,872. The trade was a 71.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.54% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Dbs Bank reduced their target price on lululemon athletica from $165.00 to $134.00 in a report on Friday, September 19th. UBS Group set a $206.00 price objective on lululemon athletica in a report on Wednesday, December 31st. Rothschild & Co Redburn reduced their price objective on shares of lululemon athletica from $230.00 to $160.00 and set a “sell” rating for the company in a research note on Friday, September 12th. Stifel Nicolaus reissued a “hold” rating and issued a $210.00 target price on shares of lululemon athletica in a research report on Tuesday, December 30th. Finally, Daiwa Capital Markets boosted their price target on shares of lululemon athletica from $174.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-three have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $228.19.

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.