GC Wealth Management RIA LLC Buys New Holdings in lululemon athletica inc. $LULU

GC Wealth Management RIA LLC acquired a new position in lululemon athletica inc. (NASDAQ:LULU) in the 2nd quarter, HoldingsChannel reports. The firm acquired 843 shares of the apparel retailer’s stock, valued at approximately $200,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sandler Capital Management purchased a new stake in lululemon athletica in the 1st quarter worth approximately $484,000. Twin Capital Management Inc. lifted its holdings in lululemon athletica by 58.3% in the 1st quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer’s stock worth $1,041,000 after buying an additional 1,354 shares during the period. Narwhal Capital Management lifted its holdings in lululemon athletica by 262.7% in the 1st quarter. Narwhal Capital Management now owns 18,777 shares of the apparel retailer’s stock worth $5,315,000 after buying an additional 13,600 shares during the period. Sawgrass Asset Management LLC purchased a new stake in lululemon athletica in the 1st quarter worth approximately $9,209,000. Finally, WealthPlan Investment Management LLC lifted its holdings in lululemon athletica by 26.9% in the 1st quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock worth $2,165,000 after buying an additional 1,622 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Trading Up 0.4%

Shares of LULU opened at $178.20 on Friday. The business’s fifty day simple moving average is $188.52 and its two-hundred day simple moving average is $243.07. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $423.32. The company has a market cap of $21.13 billion, a price-to-earnings ratio of 12.11, a P/E/G ratio of 11.10 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating the consensus estimate of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same period last year, the business posted $3.15 EPS. The company’s 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, research analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current year.

Insider Buying and Selling

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider directly owned 8,993 shares in the company, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

LULU has been the subject of several research reports. Baird R W lowered lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Barclays decreased their target price on lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, September 5th. Robert W. Baird reissued a “neutral” rating and issued a $195.00 target price (down previously from $225.00) on shares of lululemon athletica in a research report on Tuesday, September 23rd. TD Securities decreased their target price on lululemon athletica from $298.00 to $220.00 and set a “buy” rating for the company in a research report on Friday, September 5th. Finally, The Goldman Sachs Group decreased their target price on lululemon athletica from $232.00 to $200.00 and set a “neutral” rating for the company 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 assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $233.33.

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.