Impala Asset Management LLC Takes Position in Abercrombie & Fitch Company $ANF

Impala Asset Management LLC purchased a new position in shares of Abercrombie & Fitch Company (NYSE:ANF) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 67,000 shares of the apparel retailer’s stock, valued at approximately $6,122,000. Abercrombie & Fitch comprises 2.9% of Impala Asset Management LLC’s investment portfolio, making the stock its 11th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Westpac Banking Corp acquired a new stake in Abercrombie & Fitch during the 1st quarter worth approximately $648,000. Florida Financial Advisors LLC acquired a new position in Abercrombie & Fitch in the 1st quarter valued at approximately $279,000. Meeder Asset Management Inc. increased its position in Abercrombie & Fitch by 1,704.5% in the 1st quarter. Meeder Asset Management Inc. now owns 9,564 shares of the apparel retailer’s stock valued at $874,000 after acquiring an additional 9,034 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Abercrombie & Fitch by 15.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock valued at $145,823,000 after acquiring an additional 208,709 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of Abercrombie & Fitch by 46.7% during the first quarter. Parallel Advisors LLC now owns 788 shares of the apparel retailer’s stock valued at $72,000 after acquiring an additional 251 shares during the last quarter.

Abercrombie & Fitch Stock Performance

NYSE:ANF opened at $96.03 on Thursday. Abercrombie & Fitch Company has a 52 week low of $65.45 and a 52 week high of $133.11. The firm’s fifty day moving average is $85.23 and its 200-day moving average is $91.31. The firm 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 announced its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. Abercrombie & Fitch’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.59 earnings per share. 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, sell-side analysts anticipate that Abercrombie & Fitch Company will post 10.46 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. Needham & Company LLC reaffirmed a “buy” rating and set a $108.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. BTIG Research reaffirmed a “buy” rating and set a $120.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Barclays upped their price target on Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a research 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 equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock 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.