Wall Street Zen Upgrades Abercrombie & Fitch (NYSE:ANF) to “Buy”

Abercrombie & Fitch (NYSE:ANF) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

ANF has been the subject of several other reports. UBS Group increased their target price on Abercrombie & Fitch from $153.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, August 27th. BTIG Research lifted their price target on Abercrombie & Fitch from $120.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Jefferies Financial Group set a $175.00 price objective on Abercrombie & Fitch in a research note on Wednesday, August 26th. The Goldman Sachs Group set a $160.00 target price on shares of Abercrombie & Fitch in a research note on Thursday, August 27th. Finally, 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 report on Thursday, August 27th. Two 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 MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $155.38.

Abercrombie & Fitch Stock Performance

Shares of Abercrombie & Fitch stock opened at $145.57 on Friday. Abercrombie & Fitch has a 52-week low of $65.45 and a 52-week high of $155.22. The company has a fifty day moving average of $113.21 and a 200-day moving average of $95.99. The stock has a market capitalization of $6.18 billion, a price-to-earnings ratio of 12.46, a price-to-earnings-growth ratio of 1.27 and a beta of 0.97.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $2.18. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter last year, the company earned $2.91 EPS. The firm’s revenue was up 4.8% compared to the same quarter last year. 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, equities research analysts forecast that Abercrombie & Fitch will post 11.42 earnings per share for the current fiscal year.

Insider Transactions at Abercrombie & Fitch

In other news, EVP Gregory Henchel sold 30,000 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $146.65, for a total value of $4,399,500.00. Following the completion of the transaction, the executive vice president owned 33,681 shares of the company’s stock, valued at approximately $4,939,318.65. This represents a 47.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jay Rust sold 5,000 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $147.50, for a total value of $737,500.00. Following the transaction, the executive vice president directly owned 15,651 shares of the company’s stock, valued at $2,308,522.50. This represents a 24.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have 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.

Institutional Trading of Abercrombie & Fitch

Several large investors have recently added to or reduced their stakes in ANF. California State Teachers Retirement System boosted its stake in shares of Abercrombie & Fitch by 8,792.9% during the 2nd quarter. California State Teachers Retirement System now owns 4,671,519 shares of the apparel retailer’s stock worth $420,483,000 after acquiring an additional 4,618,988 shares during the last quarter. AQR Capital Management LLC raised its holdings in Abercrombie & Fitch by 56.0% in the 4th quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock worth $315,209,000 after purchasing an additional 898,884 shares during the period. Bbfit Investments PTE Ltd. purchased a new position in Abercrombie & Fitch during the fourth quarter valued at $205,539,000. Dimensional Fund Advisors LP lifted its position in 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 purchasing an additional 208,709 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Abercrombie & Fitch by 41.6% during 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 purchasing an additional 384,845 shares during the period.

Key Headlines Impacting Abercrombie & Fitch

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: BMO Capital Markets upgraded ANF to “strong buy,” providing a fresh positive catalyst for the stock after its strong rally. Zacks analyst upgrade coverage
• Positive Sentiment: Zacks Research raised several future earnings estimates and maintained a “Strong Buy” rating. FY2027 EPS was increased to $11.48 from $10.54, FY2028 EPS to $12.29 from $11.62, and FY2029 EPS to $13.21 from $12.24. The firm also lifted Q2 2029 EPS expectations to $3.02 from $2.50. Abercrombie & Fitch analyst estimates
• Positive Sentiment: The retailer’s latest quarterly results showed strong earnings momentum: EPS of $4.17 substantially exceeded the $1.99 consensus estimate, while revenue reached $1.27 billion and grew 4.8% year over year. Full-year EPS guidance remains $13.10–$13.60.
• Positive Sentiment: ANF recently established a new one-year high, reinforcing technical momentum and investor confidence following the earnings beat and analyst upgrades. Abercrombie & Fitch new one-year high
• Neutral Sentiment: Some analyst views remain cautious despite the bullish revisions. The broader analyst consensus is “Moderate Buy,” with a consensus price target of approximately $155.38, close to the stock’s recent trading range.
• Negative Sentiment: Zacks trimmed a few estimates, including Q1 2028 EPS to $1.61 from $1.64 and Q1 2029 EPS to $1.72 from $1.76, signaling some potential near-term seasonality or margin pressure.
• Negative Sentiment: COO Scott Lipesky sold 2,000 shares for approximately $293,640. The sale reduced his holdings by 1.36%, a relatively small transaction but a modest negative sentiment signal. ANF COO stock sale
• Negative Sentiment: Weakness across several apparel retailers, including American Eagle, Macy’s and Zumiez, along with concerns about tariffs and consumer spending, may be limiting gains in the broader retail sector. Apparel retailer sector weakness

About Abercrombie & Fitch

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.