Junto Capital Management LP Sells 434,977 Shares of Abercrombie & Fitch Company $ANF

Junto Capital Management LP trimmed its holdings in shares of Abercrombie & Fitch Company (NYSE:ANF) by 63.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 253,585 shares of the apparel retailer’s stock after selling 434,977 shares during the quarter. Junto Capital Management LP’s holdings in Abercrombie & Fitch were worth $21,694,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of ANF. NewEdge Advisors LLC boosted its stake in Abercrombie & Fitch by 181.6% in the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 227 shares during the last quarter. Blue Trust Inc. bought a new position in shares of Abercrombie & Fitch in the 3rd quarter worth $38,000. Hantz Financial Services Inc. grew its stake in shares of Abercrombie & Fitch by 108.2% during the third quarter. Hantz Financial Services Inc. now owns 481 shares of the apparel retailer’s stock worth $41,000 after purchasing an additional 250 shares during the period. Bessemer Group Inc. grew its stake in shares of Abercrombie & Fitch by 268.0% during the third quarter. Bessemer Group Inc. now owns 666 shares of the apparel retailer’s stock worth $56,000 after purchasing an additional 485 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in Abercrombie & Fitch by 392.4% in the second quarter. EverSource Wealth Advisors LLC now owns 714 shares of the apparel retailer’s stock valued at $59,000 after purchasing an additional 569 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. UBS Group cut their target price on Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. Wall Street Zen cut Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Zacks Research upgraded shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. The Goldman Sachs Group started coverage on shares of Abercrombie & Fitch in a research note on Thursday, December 11th. They set a “buy” rating and a $120.00 price objective on the stock. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Abercrombie & Fitch from $102.00 to $114.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Seven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $118.80.

Insiders Place Their Bets

In other news, CEO Fran Horowitz sold 103,200 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $98.53, for a total value of $10,168,296.00. Following the completion of the transaction, the chief executive officer owned 605,303 shares in the company, valued at $59,640,504.59. This represents a 14.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 350,000 shares of company stock valued at $34,661,358 over the last 90 days. Insiders own 2.29% of the company’s stock.

Abercrombie & Fitch Price Performance

Shares of Abercrombie & Fitch stock opened at $81.90 on Monday. The company has a market capitalization of $3.76 billion, a P/E ratio of 7.77 and a beta of 1.17. The business has a 50-day moving average of $98.97 and a two-hundred day moving average of $92.88. Abercrombie & Fitch Company has a 1 year low of $65.40 and a 1 year high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.12. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter in the previous year, the business posted $3.57 EPS. Abercrombie & Fitch’s revenue for the quarter was up 5.4% on a year-over-year basis. Abercrombie & Fitch has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 10.200-11.000 EPS. On average, equities analysts anticipate that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.