Louisiana State Employees Retirement System Takes Position in Abercrombie & Fitch Company $ANF

Louisiana State Employees Retirement System purchased a new stake in Abercrombie & Fitch Company (NYSE:ANF) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 13,300 shares of the apparel retailer’s stock, valued at approximately $1,215,000.

A number of other hedge funds have also recently added to or reduced their stakes in ANF. Vanguard Group Inc. raised its position in Abercrombie & Fitch by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock valued at $601,841,000 after acquiring an additional 94,697 shares in the last quarter. AQR Capital Management LLC grew its position in Abercrombie & Fitch by 56.0% in 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 in the last quarter. Bbfit Investments PTE Ltd. acquired a new position in shares of Abercrombie & Fitch during the 4th quarter worth $205,539,000. Wellington Management Group LLP raised its holdings in shares of Abercrombie & Fitch by 5,749.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock valued at $102,148,000 after purchasing an additional 1,173,601 shares in the last quarter. Finally, Boston Partners raised its holdings in shares of Abercrombie & Fitch by 102.5% during the 3rd quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock valued at $92,940,000 after purchasing an additional 553,889 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Barclays lifted their price objective on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. JPMorgan Chase & Co. raised their target price on Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. UBS Group reduced their price target on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, May 28th. Wall Street Zen downgraded Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Finally, BTIG Research reissued a “buy” rating and set a $120.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Eight research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $112.64.

Abercrombie & Fitch Trading Down 0.0%

Shares of Abercrombie & Fitch stock opened at $92.41 on Friday. The firm has a fifty day simple moving average of $82.12 and a 200-day simple moving average of $94.34. The stock has a market capitalization of $4.11 billion, a price-to-earnings ratio of 8.87 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 posted its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. Abercrombie & Fitch’s revenue was up 1.5% compared to the same quarter last year. During the same period last year, the business posted $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. As a group, research analysts predict that Abercrombie & Fitch Company will post 10.61 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.