Asset Management One Co. Ltd. Increases Stock Position in Abercrombie & Fitch Company $ANF

Asset Management One Co. Ltd. lifted its position in shares of Abercrombie & Fitch Company (NYSE:ANF) by 100.9% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 864 shares of the apparel retailer’s stock after purchasing an additional 434 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Abercrombie & Fitch were worth $72,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ANF. Valeo Financial Advisors LLC grew its holdings in Abercrombie & Fitch by 1.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 9,569 shares of the apparel retailer’s stock valued at $793,000 after purchasing an additional 173 shares in the last quarter. Voya Investment Management LLC boosted its stake in Abercrombie & Fitch by 0.6% in the first quarter. Voya Investment Management LLC now owns 31,095 shares of the apparel retailer’s stock valued at $2,375,000 after acquiring an additional 180 shares during the period. Dupree Financial Group LLC boosted its holdings in shares of Abercrombie & Fitch by 1.1% during the second quarter. Dupree Financial Group LLC now owns 20,296 shares of the apparel retailer’s stock valued at $1,682,000 after acquiring an additional 229 shares during the period. Covestor Ltd raised its holdings in shares of Abercrombie & Fitch by 21.9% during the first quarter. Covestor Ltd now owns 1,456 shares of the apparel retailer’s stock valued at $111,000 after buying an additional 262 shares during the last quarter. Finally, Reyes Financial Architecture Inc. increased its holdings in shares of Abercrombie & Fitch by 68.0% during the first quarter. Reyes Financial Architecture Inc. now owns 904 shares of the apparel retailer’s stock valued at $69,000 after purchasing an additional 366 shares during the period.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ANF shares. BTIG Research started coverage on Abercrombie & Fitch in a research note on Thursday, September 18th. They set a “buy” rating and a $120.00 target price for the company. JPMorgan Chase & Co. dropped their price objective on Abercrombie & Fitch from $103.00 to $92.00 and set a “neutral” rating on the stock in a report on Monday, October 27th. Telsey Advisory Group restated an “outperform” rating and issued a $125.00 target price on shares of Abercrombie & Fitch in a report on Friday, September 12th. Weiss Ratings restated a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Thursday. Finally, Raymond James Financial set a $105.00 price target on Abercrombie & Fitch and gave the company an “outperform” rating in a report on Thursday, August 28th. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $109.89.

Abercrombie & Fitch Trading Up 0.4%

ANF stock opened at $72.54 on Friday. Abercrombie & Fitch Company has a 1-year low of $65.40 and a 1-year high of $164.80. The business’s 50 day moving average is $83.33 and its 200-day moving average is $83.63. The firm has a market cap of $3.41 billion, a P/E ratio of 6.86 and a beta of 1.45.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings results on Wednesday, August 27th. The apparel retailer reported $2.32 EPS for the quarter, beating the consensus estimate of $2.27 by $0.05. Abercrombie & Fitch had a return on equity of 40.02% and a net margin of 10.61%.The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the firm earned $2.50 EPS. Abercrombie & Fitch’s quarterly 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. Sell-side analysts forecast that Abercrombie & Fitch Company will post 10.62 EPS for the current year.

Insider Transactions at Abercrombie & Fitch

In other Abercrombie & Fitch news, Director James A. Goldman sold 5,072 shares of the business’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 directly owned 7,565 shares in the company, valued at $727,601.70. The trade was a 40.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jay Rust sold 1,500 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $93.15, for a total transaction of $139,725.00. Following the sale, the executive vice president directly owned 6,648 shares in the company, valued at $619,261.20. This represents a 18.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 insiders.

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.