Abercrombie & Fitch (NYSE:ANF) Rating Increased to Strong-Buy at BMO Capital Markets

Abercrombie & Fitch (NYSE:ANF) was upgraded by BMO Capital Markets to a “strong-buy” rating in a research report issued on Tuesday, Zacks reports.

Several other research analysts have also weighed in on the company. Zacks Research raised Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 28th. Citigroup downgraded Abercrombie & Fitch from a “buy” rating to a “neutral” rating and increased their price objective for the company from $135.00 to $156.00 in a report on Thursday, August 27th. BTIG Research boosted their target price on shares of Abercrombie & Fitch from $120.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 26th. Weiss Ratings raised shares of Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Finally, Morgan Stanley increased their price target on shares of Abercrombie & Fitch from $87.00 to $134.00 and gave the company an “equal weight” rating in a research note on Thursday, August 27th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $155.38.

Abercrombie & Fitch Price Performance

Shares of NYSE:ANF opened at $143.19 on Tuesday. The company’s 50-day moving average price is $112.15 and its two-hundred day moving average price is $95.61. Abercrombie & Fitch has a one year low of $65.45 and a one year high of $155.22. The stock has a market capitalization of $6.08 billion, a PE ratio of 12.26, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, beating the consensus estimate of $1.99 by $2.18. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.Abercrombie & Fitch’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.91 EPS. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. On average, analysts anticipate that Abercrombie & Fitch will post 11.4 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Jay Rust sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $147.50, for a total transaction of $737,500.00. Following the transaction, the executive vice president directly owned 15,651 shares of the company’s stock, valued at approximately $2,308,522.50. The trade was a 24.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Scott Lipesky sold 2,000 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $146.82, for a total value of $293,640.00. Following the completion of the sale, the chief operating officer owned 145,534 shares in the company, valued at approximately $21,367,301.88. This trade represents a 1.36% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 72,800 shares of company stock valued at $9,595,392. Corporate insiders own 2.33% of the company’s stock.

Hedge Funds Weigh In On Abercrombie & Fitch

Institutional investors and hedge funds have recently modified their holdings of the stock. Timbuktu Capital Management LLC bought a new position in shares of Abercrombie & Fitch in the second quarter valued at about $29,000. NewEdge Advisors LLC lifted its stake in shares of Abercrombie & Fitch by 181.6% during the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after buying an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC boosted its holdings in shares of Abercrombie & Fitch by 322.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock worth $31,000 after buying an additional 190 shares during the period. Larson Financial Group LLC boosted its holdings in shares of Abercrombie & Fitch by 120.3% during the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after buying an additional 148 shares during the period. Finally, Nomura Asset Management Co. Ltd. grew 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 valued at $44,000 after buying an additional 170 shares during the last quarter.

Abercrombie & Fitch News Roundup

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

Abercrombie & Fitch Company 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.