463 Shares in Abercrombie & Fitch Company $ANF Purchased by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC bought a new position in shares of Abercrombie & Fitch Company (NYSE:ANF) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 463 shares of the apparel retailer’s stock, valued at approximately $38,000.

Other large investors also recently modified their holdings of the company. Parallel Advisors LLC raised its holdings in shares of 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 purchasing an additional 527 shares during the period. IFP Advisors Inc raised its holdings in shares of Abercrombie & Fitch by 166.7% during the 1st quarter. IFP Advisors Inc now owns 848 shares of the apparel retailer’s stock valued at $65,000 after buying an additional 530 shares during the period. Bayforest Capital Ltd raised its holdings in shares of Abercrombie & Fitch by 102.9% during the 1st quarter. Bayforest Capital Ltd now owns 848 shares of the apparel retailer’s stock valued at $65,000 after buying an additional 430 shares during the period. Reyes Financial Architecture Inc. raised its holdings in shares of Abercrombie & Fitch by 68.0% during the 1st quarter. Reyes Financial Architecture Inc. now owns 904 shares of the apparel retailer’s stock valued at $69,000 after buying an additional 366 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in shares of Abercrombie & Fitch by 521.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock valued at $76,000 after buying an additional 839 shares during the period.

Abercrombie & Fitch Price Performance

Shares of Abercrombie & Fitch stock opened at $72.40 on Wednesday. The business’s fifty day moving average price is $90.50 and its two-hundred day moving average price is $83.92. The company has a market capitalization of $3.41 billion, a P/E ratio of 6.85 and a beta of 1.45. Abercrombie & Fitch Company has a 1-year low of $65.40 and a 1-year high of $167.71.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, August 27th. The apparel retailer reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.05. The firm had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. Abercrombie & Fitch had a return on equity of 40.02% and a net margin of 10.61%.The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the business 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. On average, research analysts expect that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ANF has been the subject of a number of recent analyst reports. BTIG Research started coverage on Abercrombie & Fitch in a research note on Thursday, September 18th. They set a “buy” rating and a $120.00 price objective for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Abercrombie & Fitch in a research report on Wednesday, October 8th. Citigroup reiterated a “neutral” rating and issued a $105.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, August 20th. Morgan Stanley set a $93.00 target price on Abercrombie & Fitch in a research report on Thursday, August 28th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $125.00 target price on shares of Abercrombie & Fitch in a research report on Friday, September 12th. 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, the company presently has an average rating of “Moderate Buy” and a consensus target price of $111.11.

Insider Transactions at Abercrombie & Fitch

In other news, Director James A. Goldman sold 5,072 shares of the business’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $96.18, for a total value of $487,824.96. Following the sale, the director owned 7,565 shares of the company’s stock, valued at approximately $727,601.70. The trade was a 40.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kenneth B. Robinson sold 1,392 shares of Abercrombie & Fitch stock in a transaction on Friday, September 5th. The stock was sold at an average price of $94.60, for a total value of $131,683.20. Following the completion of the transaction, the director owned 5,880 shares in the company, valued at $556,248. The trade was a 19.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,964 shares of company stock valued at $759,233. Corporate insiders own 2.29% of the company’s stock.

About Abercrombie & Fitch

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.