22,671 Shares in Urban Outfitters, Inc. $URBN Bought by Hsbc Holdings PLC

Hsbc Holdings PLC acquired a new stake in Urban Outfitters, Inc. (NASDAQ:URBN) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 22,671 shares of the apparel retailer’s stock, valued at approximately $1,613,000.

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

Analysts Set New Price Targets

A number of research analysts have commented on the stock. UBS Group increased their price target on shares of Urban Outfitters from $80.00 to $82.00 and gave the company a “neutral” rating in a research report on Thursday. Bank of America increased their target price on shares of Urban Outfitters from $85.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Citigroup reissued a “neutral” rating on shares of Urban Outfitters in a research note on Friday. The Goldman Sachs Group raised Urban Outfitters from a “neutral” rating to a “buy” rating and raised their price objective for the company from $76.00 to $93.00 in a research note on Monday, July 20th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $90.00 price objective on shares of Urban Outfitters in a report on Thursday. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Urban Outfitters currently has an average rating of “Moderate Buy” and an average price target of $90.64.

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

Urban Outfitters Price Performance

NASDAQ:URBN opened at $81.09 on Monday. The company has a fifty day moving average of $74.04 and a 200 day moving average of $70.84. Urban Outfitters, Inc. has a 52 week low of $59.53 and a 52 week high of $85.43. The firm has a market capitalization of $6.94 billion, a P/E ratio of 12.65, a P/E/G ratio of 1.28 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 return on equity of 18.64% and a net margin of 8.79%.The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter last year, the business posted $1.58 EPS. The business’s revenue was up 10.4% on a year-over-year basis. As a group, analysts anticipate that Urban Outfitters, Inc. will post 6.14 EPS for the current year.

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.