112,300 Shares in Urban Outfitters, Inc. $URBN Purchased by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Urban Outfitters, Inc. (NASDAQ:URBN) during the 2nd quarter, HoldingsChannel reports. The fund purchased 112,300 shares of the apparel retailer’s stock, valued at approximately $7,956,000.

A number of other large investors have also recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Urban Outfitters by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,728 shares of the apparel retailer’s stock worth $1,977,000 after purchasing an additional 1,653 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Urban Outfitters by 10.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 142,668 shares of the apparel retailer’s stock valued at $7,476,000 after purchasing an additional 13,554 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Urban Outfitters by 343.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,435 shares of the apparel retailer’s stock worth $177,000 after buying an additional 1,886 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Urban Outfitters by 125.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 493 shares of the apparel retailer’s stock worth $36,000 after buying an additional 274 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Urban Outfitters by 14.0% in the 2nd quarter. First Trust Advisors LP now owns 182,547 shares of the apparel retailer’s stock worth $13,242,000 after buying an additional 22,393 shares during the last quarter. Institutional investors own 77.61% of the company’s stock.

Urban Outfitters Stock Performance

Shares of Urban Outfitters stock opened at $81.09 on Friday. Urban Outfitters, Inc. has a 52-week low of $59.53 and a 52-week high of $85.43. The company has a fifty day moving average of $74.04 and a 200-day moving average of $70.84. The stock has a market capitalization of $6.94 billion, a price-to-earnings ratio of 12.65, a price-to-earnings-growth ratio of 1.45 and a beta of 1.23.

Urban Outfitters (NASDAQ:URBN) last issued its earnings results on Wednesday, August 26th. The apparel retailer reported $1.72 EPS for the quarter, hitting analysts’ consensus estimates of $1.72. The company had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.65 billion. Urban Outfitters had a net margin of 8.79% and a return on equity of 18.64%. The firm’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.58 EPS. On average, equities research analysts forecast that Urban Outfitters, Inc. will post 6.18 earnings per share for the current fiscal year.

Urban Outfitters News Summary

Here are the key news stories impacting Urban Outfitters this week:

• Positive Sentiment: Record quarterly performance: Urban Outfitters reported fiscal Q2 revenue of approximately $1.66 billion, up 10.4% year over year and above estimates of $1.65 billion. Earnings of $1.72 per share matched consensus and increased from $1.58 a year earlier, while the company highlighted record sales and profits. Urban Outfitters Reports Record Quarterly Sales and Profits
• Positive Sentiment: Broad-based brand and channel growth: Results benefited from strength across Urban Outfitters’ portfolio, digital sales and customer channels. Reports also emphasized operating discipline and subscription momentum at Nuuly, which is targeting more than $700 million in revenue. URBN Q2 Deep Dive: Digital Strength, Subscription Growth, and Operational Discipline Shape Results
• Positive Sentiment: Constructive outlook: Management outlined high-single-digit sales growth for fiscal 2027, supporting expectations that momentum can continue beyond the latest quarter. Urban Outfitters outlines high-single-digit FY 2027 sales growth
• Positive Sentiment: Analyst and technical support: Wells Fargo raised its price target to $80, while other coverage pointed to improved forecasts following the results. Investor’s Business Daily also identified URBN among stocks testing new highs and a potential buy point. Urban Outfitters Analysts Boost Their Forecasts After Q2 Results
• Neutral Sentiment: URBN appears to be outperforming much of the retail-wholesale sector this year, but investors remain focused on whether that relative strength is sustainable. Are Retail-Wholesale Stocks Lagging Urban Outfitters This Year?
• Negative Sentiment: The reaction remains somewhat mixed because one report described adjusted earnings as missing expectations despite stronger sales. Wells Fargo’s “equal weight” rating and $80 target also suggest limited near-term upside at recent trading levels. Urban Outfitters Analysts Boost Their Forecasts After Q2 Results

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on URBN shares. UBS Group lifted their price objective on shares of Urban Outfitters from $80.00 to $82.00 and gave the stock a “neutral” rating in a report on Thursday. Bank of America increased their target price on Urban Outfitters from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Morgan Stanley reaffirmed an “overweight” rating and set a $90.00 price target on shares of Urban Outfitters in a research note on Thursday. Weiss Ratings upgraded Urban Outfitters from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday. Finally, Barclays increased their price objective on Urban Outfitters from $100.00 to $102.00 and gave the company an “overweight” rating in a research report on Thursday. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Urban Outfitters presently has an average rating of “Moderate Buy” and a consensus price target of $90.64.

About Urban Outfitters

Urban Outfitters, Inc is a global lifestyle retailer headquartered in Philadelphia, Pennsylvania. Established in 1970 by Richard Hayne, Scott Belair and Judy Wicks, the company began as a single store catering to college students in the city’s historic Old City neighborhood. Over the decades, Urban Outfitters has expanded its reach and diversified its portfolio to include multiple retail concepts addressing distinct customer segments.

The company operates through several well-known brands, each offering a curated selection of apparel, footwear, accessories and home goods.