Louisiana State Employees Retirement System Has $3.37 Million Stock Holdings in lululemon athletica inc. $LULU

Louisiana State Employees Retirement System cut its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 2.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,200 shares of the apparel retailer’s stock after selling 300 shares during the quarter. Louisiana State Employees Retirement System’s holdings in lululemon athletica were worth $3,374,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in LULU. N.E.W. Advisory Services LLC acquired a new stake in lululemon athletica during the first quarter worth about $25,000. Cornerstone Planning Group LLC grew its position in lululemon athletica by 506.3% during the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock worth $26,000 after buying an additional 81 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in lululemon athletica during the first quarter worth about $29,000. Zions Bancorporation National Association UT acquired a new stake in lululemon athletica during the first quarter worth about $31,000. Finally, Garde Capital Inc. acquired a new stake in lululemon athletica during the first quarter worth about $35,000. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Trading Down 0.8%

NASDAQ:LULU opened at $173.48 on Friday. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32. The firm has a 50 day moving average of $184.80 and a 200-day moving average of $237.80. The stock has a market capitalization of $20.57 billion, a P/E ratio of 11.79, a price-to-earnings-growth ratio of 10.93 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same quarter in the previous year, the company posted $3.15 earnings per share. lululemon athletica’s quarterly revenue was up 6.5% compared to the same quarter last year. 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, analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of the transaction, the insider owned 8,993 shares in the company, valued at $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.54% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Dbs Bank cut their price target on shares of lululemon athletica from $165.00 to $134.00 in a research note on Friday, September 19th. Baird R W cut shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 23rd. Truist Financial cut shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 price target for the company. in a research note on Friday, September 5th. Weiss Ratings restated a “sell (d+)” rating on shares of lululemon athletica in a research note on Wednesday. Finally, Barclays cut their price target on shares of lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating for the company in a research note on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $232.29.

lululemon athletica 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.