Abercrombie & Fitch (NYSE:ANF) COO Scott Lipesky Sells 10,000 Shares of Stock

Abercrombie & Fitch Company (NYSE:ANF) COO Scott Lipesky sold 10,000 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $105.00, for a total transaction of $1,050,000.00. Following the completion of the transaction, the chief operating officer directly owned 172,534 shares of the company’s stock, valued at $18,116,070. This trade represents a 5.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Abercrombie & Fitch Trading Down 0.8%

Shares of Abercrombie & Fitch stock opened at $102.38 on Thursday. The firm’s 50 day moving average is $87.80 and its 200 day moving average is $90.30. The firm has a market capitalization of $4.55 billion, a PE ratio of 9.83 and a beta of 0.89. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, beating the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the firm earned $1.59 EPS. The firm’s revenue was up 1.5% compared to the same quarter last year. 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 anticipate that Abercrombie & Fitch Company will post 10.46 earnings per share for the current year.

Institutional Trading of Abercrombie & Fitch

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in shares of Abercrombie & Fitch by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock valued at $601,841,000 after buying an additional 94,697 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Abercrombie & Fitch by 56.0% during the fourth quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock worth $315,209,000 after acquiring an additional 898,884 shares during the last quarter. Bbfit Investments PTE Ltd. acquired a new position in shares of Abercrombie & Fitch in the fourth quarter worth approximately $205,539,000. Dimensional Fund Advisors LP lifted its stake in shares of Abercrombie & Fitch by 15.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock worth $145,823,000 after acquiring an additional 208,709 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Abercrombie & Fitch by 41.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,310,296 shares of the apparel retailer’s stock valued at $119,722,000 after acquiring an additional 384,845 shares during the last quarter.

Wall Street Analysts Forecast Growth

ANF has been the topic of several recent research reports. Telsey Advisory Group cut their price objective on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, May 28th. JPMorgan Chase & Co. increased their target price on Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. BTIG Research restated a “buy” rating and set a $120.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Finally, Raymond James Financial set a $92.00 price objective on Abercrombie & Fitch in a research note on Thursday, May 21st. 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.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $111.91.

About Abercrombie & Fitch

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.