Abercrombie & Fitch Company $ANF Stake Cut by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio reduced its holdings in Abercrombie & Fitch Company (NYSE:ANF) by 60.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 681 shares of the apparel retailer’s stock after selling 1,035 shares during the period. Public Employees Retirement System of Ohio’s holdings in Abercrombie & Fitch were worth $56,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. UMB Bank n.a. lifted its stake in Abercrombie & Fitch by 161.4% in the 1st quarter. UMB Bank n.a. now owns 583 shares of the apparel retailer’s stock worth $45,000 after acquiring an additional 360 shares in the last quarter. Parallel Advisors LLC lifted its stake in Abercrombie & Fitch by 178.6% in the 2nd quarter. Parallel Advisors LLC now owns 822 shares of the apparel retailer’s stock worth $68,000 after acquiring an additional 527 shares in the last quarter. IFP Advisors Inc lifted its stake in Abercrombie & Fitch by 166.7% in the 1st quarter. IFP Advisors Inc now owns 848 shares of the apparel retailer’s stock worth $65,000 after acquiring an additional 530 shares in the last quarter. Bayforest Capital Ltd lifted its stake in Abercrombie & Fitch by 102.9% in the 1st quarter. Bayforest Capital Ltd now owns 848 shares of the apparel retailer’s stock worth $65,000 after acquiring an additional 430 shares in the last quarter. Finally, Reyes Financial Architecture Inc. lifted its stake in Abercrombie & Fitch by 68.0% in the 1st quarter. Reyes Financial Architecture Inc. now owns 904 shares of the apparel retailer’s stock worth $69,000 after acquiring an additional 366 shares in the last quarter.

Insider Transactions at Abercrombie & Fitch

In other news, Director Kenneth B. Robinson sold 1,392 shares of Abercrombie & Fitch stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $94.60, for a total transaction of $131,683.20. Following the sale, the director owned 5,880 shares of the company’s stock, valued at approximately $556,248. This trade represents a 19.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jay Rust sold 1,500 shares of Abercrombie & Fitch stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $93.15, for a total value of $139,725.00. Following the sale, the executive vice president directly owned 6,648 shares in the company, valued at $619,261.20. The trade was 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 owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on ANF shares. Telsey Advisory Group reissued an “outperform” rating and issued a $125.00 price objective on shares of Abercrombie & Fitch in a research note on Friday, September 12th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $103.00 price target on shares of Abercrombie & Fitch in a research note on Monday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Abercrombie & Fitch in a research note on Saturday, September 27th. Citigroup reaffirmed a “neutral” rating and set a $105.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday, August 20th. Finally, Morgan Stanley set a $93.00 price target on Abercrombie & Fitch in a research note on Thursday, August 28th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $111.11.

Abercrombie & Fitch Stock Down 3.0%

ANF opened at $75.55 on Wednesday. The firm has a market capitalization of $3.56 billion, a P/E ratio of 7.15 and a beta of 1.45. The stock’s 50 day moving average price is $92.76 and its two-hundred day moving average price is $84.02. Abercrombie & Fitch Company has a 12-month low of $65.40 and a 12-month high of $167.71.

Abercrombie & Fitch (NYSE:ANF) last released its earnings results on Wednesday, August 27th. The apparel retailer reported $2.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.05. Abercrombie & Fitch had a return on equity of 40.02% and a net margin of 10.61%.The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the firm posted $2.50 EPS. The company’s revenue was up 6.6% on a year-over-year basis. 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, analysts anticipate that Abercrombie & Fitch Company will post 10.62 earnings per share for the current year.

Abercrombie & Fitch Company 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.