Strs Ohio Purchases Shares of 14,300 Abercrombie & Fitch Company $ANF

Strs Ohio purchased a new stake in Abercrombie & Fitch Company (NYSE:ANF) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,300 shares of the apparel retailer’s stock, valued at approximately $1,092,000.

A number of other hedge funds have also recently bought and sold shares of ANF. AQR Capital Management LLC raised its stake in shares of Abercrombie & Fitch by 198.2% in the 1st quarter. AQR Capital Management LLC now owns 1,955,927 shares of the apparel retailer’s stock valued at $144,582,000 after buying an additional 1,300,070 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of Abercrombie & Fitch in the 1st quarter valued at $56,569,000. Pacer Advisors Inc. raised its stake in shares of Abercrombie & Fitch by 3,113.1% in the 1st quarter. Pacer Advisors Inc. now owns 506,088 shares of the apparel retailer’s stock valued at $38,650,000 after buying an additional 490,337 shares in the last quarter. Nuveen LLC acquired a new position in shares of Abercrombie & Fitch in the 1st quarter valued at $32,924,000. Finally, Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Abercrombie & Fitch by 369.6% in the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 206,777 shares of the apparel retailer’s stock valued at $15,792,000 after buying an additional 162,744 shares in the last quarter.

Insider Activity

In other news, Director James A. Goldman sold 5,072 shares of the firm’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $96.18, for a total value of $487,824.96. Following the transaction, the director owned 7,565 shares of the company’s stock, valued at approximately $727,601.70. This trade represents a 40.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Jay Rust sold 1,500 shares of the firm’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $93.15, for a total transaction of $139,725.00. Following the completion of the transaction, the executive vice president directly owned 6,648 shares in the company, valued at $619,261.20. This trade represents a 18.41% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,964 shares of company stock valued at $759,233. 2.29% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ANF. Raymond James Financial set a $105.00 target price on shares of Abercrombie & Fitch and gave the stock an “outperform” rating in a research report on Thursday, August 28th. Citigroup reiterated a “neutral” rating and set a $105.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, August 20th. Barclays set a $84.00 price objective on shares of Abercrombie & Fitch and gave the company an “equal weight” rating in a research report on Thursday, May 29th. Morgan Stanley set a $93.00 price objective on shares of Abercrombie & Fitch in a research report on Thursday, August 28th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Abercrombie & Fitch from $151.00 to $145.00 and set an “overweight” rating for the company in a research report on Thursday, August 28th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Abercrombie & Fitch currently has an average rating of “Moderate Buy” and an average target price of $115.78.

Abercrombie & Fitch Trading Up 5.2%

Shares of NYSE ANF opened at $89.85 on Friday. The firm has a market capitalization of $4.23 billion, a PE ratio of 8.50 and a beta of 1.44. Abercrombie & Fitch Company has a 1 year low of $65.40 and a 1 year high of $167.71. The firm’s 50-day moving average is $94.93 and its 200-day moving average is $83.73.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Wednesday, August 27th. The apparel retailer reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.05. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. Abercrombie & Fitch had a net margin of 10.61% and a return on equity of 40.02%. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the firm earned $2.50 EPS. Abercrombie & Fitch has set its FY 2025 guidance at 10.000-10.500 EPS. Q3 2025 guidance at 2.050-2.250 EPS. As a group, equities research analysts anticipate that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

Abercrombie & Fitch Profile

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.