Banco Bilbao Vizcaya Argentaria S.A. Increases Stake in Abercrombie & Fitch Company $ANF

Banco Bilbao Vizcaya Argentaria S.A. increased its position in shares of Abercrombie & Fitch Company (NYSE:ANF) by 44.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,631 shares of the apparel retailer’s stock after buying an additional 1,431 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Abercrombie & Fitch were worth $388,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Victory Capital Management Inc. grew its position in shares of Abercrombie & Fitch by 139.7% in the 1st quarter. Victory Capital Management Inc. now owns 60,810 shares of the apparel retailer’s stock valued at $4,644,000 after buying an additional 35,443 shares during the last quarter. Jennison Associates LLC boosted its stake in Abercrombie & Fitch by 37.5% in the first quarter. Jennison Associates LLC now owns 7,764 shares of the apparel retailer’s stock valued at $593,000 after acquiring an additional 2,118 shares in the last quarter. Private Advisor Group LLC boosted its stake in Abercrombie & Fitch by 51.6% in the first quarter. Private Advisor Group LLC now owns 28,228 shares of the apparel retailer’s stock valued at $2,156,000 after acquiring an additional 9,602 shares in the last quarter. IFP Advisors Inc increased its position in Abercrombie & Fitch by 166.7% during the first quarter. IFP Advisors Inc now owns 848 shares of the apparel retailer’s stock worth $65,000 after buying an additional 530 shares during the period. Finally, Gallacher Capital Management LLC increased its position in Abercrombie & Fitch by 210.0% during the first quarter. Gallacher Capital Management LLC now owns 4,415 shares of the apparel retailer’s stock worth $337,000 after buying an additional 2,991 shares during the period.

Insider Buying and Selling

In other Abercrombie & Fitch news, Director Kenneth B. Robinson sold 1,392 shares of Abercrombie & Fitch stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $94.60, for a total value of $131,683.20. Following the completion of the sale, the director directly owned 5,880 shares of the company’s stock, valued at approximately $556,248. The trade was a 19.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jay Rust sold 1,500 shares of the stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $93.15, for a total value of $139,725.00. Following the transaction, the executive vice president owned 6,648 shares in the company, valued at $619,261.20. This trade represents a 18.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 7,964 shares of company stock worth $759,233. 2.29% of the stock is owned by insiders.

Abercrombie & Fitch Trading Up 0.2%

NYSE:ANF opened at $69.70 on Wednesday. Abercrombie & Fitch Company has a twelve month low of $65.40 and a twelve month high of $164.80. The firm has a 50-day moving average price of $77.43 and a two-hundred day moving average price of $83.70. The company has a market capitalization of $3.28 billion, a P/E ratio of 6.59 and a beta of 1.44.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings results on Wednesday, August 27th. The apparel retailer reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.05. The company had revenue of $1.21 billion during 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%.Abercrombie & Fitch’s revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.50 earnings per share. 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, equities research analysts predict that Abercrombie & Fitch Company will post 10.62 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ANF has been the subject of several research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Thursday, October 30th. Morgan Stanley set a $93.00 target price on Abercrombie & Fitch in a research note on Thursday, August 28th. Zacks Research downgraded shares of Abercrombie & Fitch from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Citigroup reduced their target price on shares of Abercrombie & Fitch from $105.00 to $79.00 and set a “neutral” rating for the company in a research note on Tuesday, November 4th. Finally, UBS Group lowered their target price on shares of Abercrombie & Fitch from $130.00 to $125.00 and set a “buy” rating on the stock in a report on Thursday, November 13th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $102.56.

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.