Braun Stacey Associates Inc. lowered its stake in shares of Urban Outfitters, Inc. (NASDAQ:URBN – Free Report) by 5.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 250,407 shares of the apparel retailer’s stock after selling 15,035 shares during the period. Braun Stacey Associates Inc. owned about 0.29% of Urban Outfitters worth $17,744,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently modified their holdings of the stock. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Urban Outfitters in the 2nd quarter worth about $7,956,000. Empowered Funds LLC purchased a new stake in Urban Outfitters during the 2nd quarter worth approximately $11,013,000. Caitlin John LLC acquired a new position in shares of Urban Outfitters during the second quarter valued at approximately $435,000. Equitable Holdings Inc. purchased a new position in shares of Urban Outfitters in the second quarter valued at approximately $371,000. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Urban Outfitters in the second quarter valued at approximately $91,000. Institutional investors and hedge funds own 77.61% of the company’s stock.
Urban Outfitters Stock Performance
NASDAQ:URBN opened at $81.09 on Friday. Urban Outfitters, Inc. has a one year low of $59.53 and a one year high of $85.43. The stock has a market cap of $6.94 billion, a PE ratio of 12.65, a P/E/G ratio of 1.45 and a beta of 1.23. The stock has a 50 day moving average price of $74.04 and a 200 day moving average price of $70.84.
Trending Headlines about Urban Outfitters
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
Wall Street Analysts Forecast Growth
Several brokerages recently commented on URBN. Citigroup reiterated a “neutral” rating on shares of Urban Outfitters in a research report on Friday. Weiss Ratings upgraded Urban Outfitters from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday. JPMorgan Chase & Co. lifted their target price on shares of Urban Outfitters from $97.00 to $110.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 18th. Wells Fargo & Company upped their target price on shares of Urban Outfitters from $75.00 to $80.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, UBS Group increased their target price on shares of Urban Outfitters from $80.00 to $82.00 and gave the company a “neutral” rating in a research report on Thursday. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Urban Outfitters has a consensus rating of “Moderate Buy” and an average target price of $90.64.
View Our Latest Research Report on URBN
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.
Further Reading
- Five stocks we like better than Urban Outfitters
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for Urban Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urban Outfitters and related companies with MarketBeat.com's FREE daily email newsletter.
