lululemon athletica inc. $LULU Stock Holdings Lessened by TD Asset Management Inc

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TD Asset Management Inc. significantly reduced its stake in lululemon athletica (NASDAQ:LULU) by 49.6% in the third quarter, selling nearly 60,000 shares. Despite this, lululemon reported strong Q3 results, beating earnings and revenue expectations, and issued positive guidance for FY2025 and Q4. Institutional investors still own a substantial 85.20% of the company, while analyst consensus remains a “Hold” with an average price target of $227.05.

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