Empowered Funds LLC Purchases Shares of 155,425 Urban Outfitters, Inc. $URBN

Empowered Funds LLC purchased a new position in shares of Urban Outfitters, Inc. (NASDAQ:URBN) in the second quarter, according to its most recent filing with the SEC. The firm purchased 155,425 shares of the apparel retailer’s stock, valued at approximately $11,013,000.

Several other hedge funds have also recently made changes to their positions in URBN. Eurizon Capital SGR S.p.A. bought a new stake in shares of Urban Outfitters during the 4th quarter valued at about $27,000. Brown Brothers Harriman & Co. lifted its stake in Urban Outfitters by 815.0% in the fourth quarter. Brown Brothers Harriman & Co. now owns 366 shares of the apparel retailer’s stock valued at $28,000 after buying an additional 326 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Urban Outfitters in the fourth quarter valued at approximately $33,000. Allworth Financial LP bought a new position in shares of Urban Outfitters during the 2nd quarter worth approximately $31,000. Finally, Transamerica Financial Advisors LLC grew its position in shares of Urban Outfitters by 566.7% during the 4th quarter. Transamerica Financial Advisors LLC now owns 440 shares of the apparel retailer’s stock worth $33,000 after buying an additional 374 shares during the period. 77.61% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on URBN shares. The Goldman Sachs Group upgraded shares of Urban Outfitters from a “neutral” rating to a “buy” rating and boosted their target price for the company from $76.00 to $93.00 in a research report on Monday, July 20th. Weiss Ratings upgraded shares of Urban Outfitters from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 24th. Citigroup reaffirmed a “neutral” rating on shares of Urban Outfitters in a research note on Friday. UBS Group upped their price objective on shares of Urban Outfitters from $80.00 to $82.00 and gave the company a “neutral” rating in a report on Thursday. Finally, Bank of America increased their price objective on shares of Urban Outfitters from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $90.64.

Urban Outfitters Trading Up 2.9%

NASDAQ URBN opened at $81.09 on Friday. The company has a fifty day simple moving average of $74.04 and a 200 day simple moving average of $70.84. Urban Outfitters, Inc. has a 12-month low of $59.53 and a 12-month high of $85.43. The company has a market cap of $6.94 billion, a P/E ratio of 12.65, a PEG ratio of 1.49 and a beta of 1.23.

Urban Outfitters (NASDAQ:URBN) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $1.72 earnings per share for the quarter, hitting the consensus estimate of $1.72. Urban Outfitters had a net margin of 8.79% and a return on equity of 18.64%. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the prior year, the company posted $1.58 earnings per share. The business’s revenue was up 10.4% on a year-over-year basis. Sell-side analysts predict that Urban Outfitters, Inc. will post 6.14 EPS for the current year.

Urban Outfitters News Roundup

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

Urban Outfitters Profile

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.