Royce & Associates LP purchased a new position in Abercrombie & Fitch Company (NYSE:ANF – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 79,182 shares of the apparel retailer’s stock, valued at approximately $9,967,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in ANF. NewEdge Advisors LLC lifted its holdings in shares of Abercrombie & Fitch by 181.6% during the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after acquiring an additional 227 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Abercrombie & Fitch by 120.3% during the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after acquiring an additional 148 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of Abercrombie & Fitch by 108.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 481 shares of the apparel retailer’s stock worth $41,000 after acquiring an additional 250 shares during the period. Bessemer Group Inc. lifted its holdings in shares of Abercrombie & Fitch by 268.0% during the 3rd quarter. Bessemer Group Inc. now owns 666 shares of the apparel retailer’s stock worth $56,000 after acquiring an additional 485 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Abercrombie & Fitch by 392.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 714 shares of the apparel retailer’s stock worth $59,000 after acquiring an additional 569 shares during the period.
Wall Street Analysts Forecast Growth
ANF has been the subject of a number of analyst reports. Jefferies Financial Group reduced their price objective 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. JPMorgan Chase & Co. reduced their price objective on shares of Abercrombie & Fitch from $110.00 to $107.00 and set a “neutral” rating for the company in a report on Monday, May 18th. Wall Street Zen downgraded shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $125.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, March 4th. Finally, Raymond James Financial set a $92.00 price objective on shares of Abercrombie & Fitch in a report on Thursday, May 21st. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $116.00.
Trending Headlines about Abercrombie & Fitch
Here are the key news stories impacting Abercrombie & Fitch this week:
- Positive Sentiment: ANF posted earnings per share of $1.47, topping estimates, and delivered record Q1 net sales of $1.11 billion, marking its 14th consecutive quarter of growth. Article Title
- Positive Sentiment: Sales were strong in the Americas (+3%) and especially APAC (+24%), showing the brand is still expanding internationally. Article Title
- Positive Sentiment: The company also returned capital to shareholders, repurchasing $105 million of stock in the quarter and keeping its full-year buyback plan in place. Article Title
- Neutral Sentiment: Management kept full-year guidance unchanged, signaling confidence but not a big raise to expectations. Article Title
- Negative Sentiment: There were still some headwinds: comparable sales fell 1%, Hollister sales were flat, and operating margin slipped to 8.0% from 9.3% a year ago due to higher expenses. Article Title
- Negative Sentiment: Second-quarter guidance was softer than analyst expectations, with EPS guided to $1.80-$2.00 versus a higher consensus estimate, reflecting pressure from weaker demand and Middle East disruption, particularly in EMEA and Hollister. Article Title
Abercrombie & Fitch Stock Up 9.2%
Shares of ANF stock opened at $81.65 on Thursday. Abercrombie & Fitch Company has a 12-month low of $65.45 and a 12-month high of $133.11. The company has a market capitalization of $3.65 billion, a P/E ratio of 7.75 and a beta of 0.97. The firm has a 50-day moving average price of $85.94 and a 200 day moving average price of $94.49.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period last year, the firm posted $1.59 EPS. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. As a group, research analysts expect that Abercrombie & Fitch Company will post 10.63 earnings per share for the current year.
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.
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