Westpac Banking Corp Takes $648,000 Position in Abercrombie & Fitch Company $ANF

Westpac Banking Corp bought a new position in shares of Abercrombie & Fitch Company (NYSE:ANF) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,087 shares of the apparel retailer’s stock, valued at approximately $648,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Parallel Advisors LLC grew its stake in shares of Abercrombie & Fitch by 17.6% in the third quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock worth $83,000 after purchasing an additional 145 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 148 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in Abercrombie & Fitch by 19.4% in the fourth quarter. Public Employees Retirement System of Ohio now owns 928 shares of the apparel retailer’s stock valued at $117,000 after buying an additional 151 shares during the period. Kestra Advisory Services LLC boosted its position in Abercrombie & Fitch by 3.9% during the fourth quarter. Kestra Advisory Services LLC now owns 4,055 shares of the apparel retailer’s stock valued at $510,000 after acquiring an additional 151 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its position in Abercrombie & Fitch by 94.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after acquiring an additional 170 shares during the last quarter.

Abercrombie & Fitch Trading Up 4.3%

ANF opened at $96.03 on Thursday. The company has a fifty day moving average price of $85.23 and a two-hundred day moving average price of $91.31. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $133.11. The company has a market cap of $4.27 billion, a P/E ratio of 9.22 and a beta of 0.89.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The business’s revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.59 EPS. 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. On average, research analysts forecast that Abercrombie & Fitch Company will post 10.46 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on ANF. Raymond James Financial set a $92.00 price objective on Abercrombie & Fitch in a research report on Thursday, May 21st. Barclays boosted their price objective on Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. UBS Group decreased their target price on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research note on Thursday, May 28th. JPMorgan Chase & Co. lifted their target price on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $87.00 price target on shares of Abercrombie & Fitch in a research note on Monday, July 6th. Eight investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Abercrombie & Fitch presently has a consensus rating of “Moderate Buy” and a consensus target price of $111.91.

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.