Urban Outfitters, Inc. $URBN Shares Sold by Braun Stacey Associates Inc.

Key Points

• Braun Stacey Associates reduced its Urban Outfitters stake by 5.7% in the second quarter, selling 15,035 shares and retaining 250,407 shares valued at approximately $17.7 million. Institutional investors collectively own 77.61% of the company.
• Urban Outfitters delivered strong quarterly results: revenue rose 10.4% year over year to $1.66 billion, exceeding estimates, while earnings of $1.72 per share matched consensus and increased from $1.58 a year earlier.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $90.64, compared with the stock’s reported price of $81.09.

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.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $1.72 earnings per share for the quarter, hitting analysts' consensus estimates of $1.72. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.65 billion. Urban Outfitters had a return on equity of 18.64% and a net margin of 8.79%.The firm's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.58 earnings per share. As a group, analysts predict that Urban Outfitters, Inc. will post 6.18 earnings per share for the current fiscal year.

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.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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