Horizon Investments LLC boosted its position in Abercrombie & Fitch Company (NYSE:ANF – Free Report) by 185.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,372 shares of the apparel retailer’s stock after purchasing an additional 11,285 shares during the period. Horizon Investments LLC’s holdings in Abercrombie & Fitch were worth $2,187,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Abercrombie & Fitch by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock valued at $2,254,000 after buying an additional 892 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in Abercrombie & Fitch by 521.1% in the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock valued at $76,000 after buying an additional 839 shares in the last quarter. United Services Automobile Association purchased a new position in Abercrombie & Fitch in the first quarter valued at about $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Abercrombie & Fitch by 8.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock valued at $9,729,000 after buying an additional 10,459 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in Abercrombie & Fitch in the second quarter valued at about $348,000.
Analysts Set New Price Targets
A number of research analysts have issued reports on ANF shares. UBS Group dropped their target price on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Jefferies Financial Group dropped their target price on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. Citigroup raised shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and increased their target price for the company from $90.00 to $135.00 in a report on Wednesday, January 21st. BTIG Research reaffirmed a “buy” rating and issued a $120.00 target price on shares of Abercrombie & Fitch in a report on Thursday, March 5th. Finally, Needham & Company LLC started coverage on shares of Abercrombie & Fitch in a report on Thursday, March 26th. They issued a “buy” rating and a $108.00 target price for the company. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Abercrombie & Fitch has an average rating of “Moderate Buy” and a consensus target price of $117.45.
Abercrombie & Fitch Price Performance
Shares of ANF opened at $78.56 on Wednesday. The firm has a 50 day simple moving average of $91.05 and a 200-day simple moving average of $93.96. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $133.11. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 7.45 and a beta of 0.97.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last issued its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share for the quarter, topping analysts’ consensus estimates of $3.56 by $0.12. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same period last year, the company posted $3.57 EPS. The company’s revenue 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 expect that Abercrombie & Fitch Company will post 10.68 earnings per share for the current fiscal year.
Insider Buying and Selling at Abercrombie & Fitch
In other news, CEO Fran Horowitz sold 29,769 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $100.00, for a total transaction of $2,976,900.00. Following the completion of the transaction, the chief executive officer directly owned 308,503 shares of the company’s stock, valued at $30,850,300. This trade represents a 8.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.29% of the stock is currently owned by company insiders.
Abercrombie & Fitch 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.
See Also
Want to see what other hedge funds are holding ANF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Abercrombie & Fitch Company (NYSE:ANF – Free Report).
Receive News & Ratings for Abercrombie & Fitch Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abercrombie & Fitch and related companies with MarketBeat.com's FREE daily email newsletter.
