Legato Capital Management LLC Makes New $1.06 Million Investment in Urban Outfitters, Inc. $URBN

Legato Capital Management LLC acquired a new position in shares of Urban Outfitters, Inc. (NASDAQ:URBN) during the 4th quarter, Holdings Channel reports. The firm acquired 14,074 shares of the apparel retailer’s stock, valued at approximately $1,059,000.

Several other large investors have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC increased its position in Urban Outfitters by 452.2% during the 4th quarter. Global Retirement Partners LLC now owns 2,540 shares of the apparel retailer’s stock worth $191,000 after buying an additional 2,080 shares during the period. Mach 1 Financial Group LLC bought a new position in Urban Outfitters during the 4th quarter worth $378,000. Leonteq Securities AG bought a new position in Urban Outfitters during the 4th quarter worth $152,000. ProShare Advisors LLC increased its position in Urban Outfitters by 3.4% during the 4th quarter. ProShare Advisors LLC now owns 11,794 shares of the apparel retailer’s stock worth $888,000 after buying an additional 386 shares during the period. Finally, HighTower Advisors LLC increased its position in Urban Outfitters by 883.4% during the 4th quarter. HighTower Advisors LLC now owns 43,081 shares of the apparel retailer’s stock worth $3,242,000 after buying an additional 38,700 shares during the period. Institutional investors own 77.61% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on URBN shares. Jefferies Financial Group reiterated a “hold” rating and set a $72.00 price objective on shares of Urban Outfitters in a research report on Thursday. Bank of America increased their price objective on Urban Outfitters from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday. Barclays lowered their price objective on Urban Outfitters from $102.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday. JPMorgan Chase & Co. increased their price objective on Urban Outfitters from $94.00 to $97.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Wells Fargo & Company reduced their target price on Urban Outfitters from $80.00 to $75.00 and set an “equal weight” rating on the stock in a report on Thursday, February 26th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $87.18.

Urban Outfitters Stock Performance

URBN opened at $73.01 on Monday. The firm has a market cap of $6.25 billion, a P/E ratio of 14.01, a price-to-earnings-growth ratio of 1.40 and a beta of 1.23. Urban Outfitters, Inc. has a 52-week low of $59.53 and a 52-week high of $84.35. The business’s fifty day moving average is $67.83 and its 200-day moving average is $70.09.

Urban Outfitters (NASDAQ:URBN) last released its earnings results on Wednesday, May 20th. The apparel retailer reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.18. The company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.46 billion. Urban Outfitters had a return on equity of 18.92% and a net margin of 7.48%.Urban Outfitters’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.16 EPS. On average, research analysts predict that Urban Outfitters, Inc. will post 5.97 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: Urban Outfitters posted record first-quarter sales and earnings, driven by strong performance at Free People, Nuuly subscriber growth, and wholesale gains. Urban Outfitters Posts Record First-Quarter Sales and Earnings
• Positive Sentiment: JPMorgan raised its price target on Urban Outfitters to $97 and maintained an overweight rating after the upbeat quarter. Benzinga price target report
• Positive Sentiment: Bank of America lifted its price target to $90 and reiterated a buy rating, citing strong brand momentum and margin expansion. Lorraine Hutchinson Raises Price Target to $90 and Reiterates Buy on Urban Outfitters
• Positive Sentiment: The company beat Q1 revenue and EPS estimates, with EPS of $1.30 versus expectations of $1.12, reinforcing confidence in the business outlook. Urban Outfitters Surpasses Q1 Earnings and Revenue Estimates
• Neutral Sentiment: Coverage focused on the earnings call and first-quarter snapshot confirmed strong results, but also noted investors are watching tariff risks and whether growth can continue from here. Urban Outfitters Extends Record Streak Amid Tariff Risks

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.