Empirical Finance LLC bought a new stake in shares of Abercrombie & Fitch Company (NYSE:ANF – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 7,433 shares of the apparel retailer’s stock, valued at approximately $669,000.
A number of other large investors also recently added to or reduced their stakes in the business. Timbuktu Capital Management LLC purchased a new stake in shares of Abercrombie & Fitch in the second quarter worth about $29,000. NewEdge Advisors LLC grew its holdings in Abercrombie & Fitch by 181.6% during the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 227 shares in the last quarter. Transamerica Financial Advisors LLC grew its holdings in Abercrombie & Fitch by 322.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after buying an additional 190 shares in the last quarter. Larson Financial Group LLC increased its stake in Abercrombie & Fitch by 120.3% in 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 last quarter. Finally, Nomura Asset Management Co. Ltd. increased its stake in Abercrombie & Fitch by 94.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock worth $44,000 after acquiring an additional 170 shares during the last quarter.
Abercrombie & Fitch Trading Down 5.8%
NYSE ANF opened at $143.19 on Friday. The company’s 50-day moving average price is $112.15 and its 200-day moving average price is $95.61. The stock has a market cap of $6.08 billion, a PE ratio of 12.26, a PEG ratio of 1.33 and a beta of 0.97. Abercrombie & Fitch Company has a 12 month low of $65.45 and a 12 month high of $155.22.
Trending Headlines about Abercrombie & Fitch
Here are the key news stories impacting Abercrombie & Fitch this week:
- Positive Sentiment: Zacks Research maintained a “Strong Buy” rating and raised several long-term forecasts. Estimates were increased for Q3 2027, Q2–Q4 2028 and FY2028, with FY2028 EPS raised to $12.29 from $11.62. These revisions suggest analysts continue to expect strong future earnings growth. Abercrombie & Fitch analyst estimates
- Neutral Sentiment: Analyst estimates were mixed. Zacks lowered forecasts for Q1 2028 and Q1 2029 EPS but raised estimates for multiple later periods. The overall analyst view remains favorable, while the consensus full-year EPS estimate is $11.40. Abercrombie & Fitch research estimates
- Negative Sentiment: Broad weakness across apparel retailers is weighing on ANF. Reports cited declines in Abercrombie & Fitch and other specialty retailers, including American Eagle, Zumiez, Macy’s and Victoria’s Secret. American Eagle’s results were viewed as flattered by a $161 million tariff refund, raising concerns about the quality and sustainability of apparel-sector earnings. Apparel retailer stock declines
- Negative Sentiment: The company’s COO sold 2,000 shares. Scott Lipesky sold stock worth approximately $293,640 at an average price of $146.82, reducing his position by 1.36%. The relatively small transaction is not necessarily a change in business outlook, but insider selling can add short-term investor caution. Abercrombie & Fitch COO stock sale
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the stock. Telsey Advisory Group upped their price target on shares of Abercrombie & Fitch from $118.00 to $165.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. The Goldman Sachs Group set a $160.00 price objective on shares of Abercrombie & Fitch in a research note on Thursday, August 27th. Raymond James Financial restated a “market perform” rating on shares of Abercrombie & Fitch in a research report on Tuesday, August 18th. UBS Group increased their price target on shares of Abercrombie & Fitch from $153.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, August 27th. Finally, Argus upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 price target for the company in a research report on Monday, August 31st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Abercrombie & Fitch currently has a consensus rating of “Moderate Buy” and a consensus price target of $155.38.
Get Our Latest Stock Analysis on ANF
Insider Buying and Selling
In related news, EVP Gregory Henchel sold 30,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $146.65, for a total transaction of $4,399,500.00. Following the sale, the executive vice president owned 33,681 shares of the company’s stock, valued at $4,939,318.65. This trade represents a 47.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kenneth Robinson sold 800 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $149.69, for a total transaction of $119,752.00. Following the completion of the sale, the director owned 7,169 shares in the company, valued at $1,073,127.61. This represents a 10.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 72,800 shares of company stock worth $9,595,392 over the last quarter. Insiders own 2.33% of the company’s stock.
Abercrombie & Fitch Profile
Abercrombie & Fitch Co is a global, omnichannel specialty retailer that sells casual apparel, accessories and personal-care products through company-operated stores and digital channels. The company serves customers through its Abercrombie, abercrombie kids, Hollister and Gilly Hicks brands, which target a range of consumers and lifestyles.
Abercrombie & Fitch offers products including jeans, tops, dresses, outerwear, intimates, sleepwear, swimwear, accessories and fragrances. Its brands operate through retail locations and e-commerce platforms, with sales across North America, Europe, Asia and other international markets.
Founded in 1892 as an outdoor-goods retailer in New York City, the company later developed into a youth-focused apparel retailer and has since broadened its brand portfolio and customer appeal.
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Want to see what other hedge funds are holding ANF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Abercrombie & Fitch Company (NYSE:ANF – Free Report).
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