Abercrombie & Fitch (NYSE:ANF) Price Target Raised to $114.00

Abercrombie & Fitch (NYSE:ANF) had its price objective boosted by JPMorgan Chase & Co. from $102.00 to $114.00 in a report published on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the apparel retailer’s stock.

A number of other equities research analysts have also issued reports on the stock. Jefferies Financial Group dropped their price objective on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday. Zacks Research upgraded shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. BTIG Research reissued a “buy” rating and issued a $120.00 price target on shares of Abercrombie & Fitch in a research note on Thursday. Citigroup upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and raised their price target for the stock from $90.00 to $135.00 in a report on Wednesday, January 21st. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $125.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday. Seven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $118.80.

Abercrombie & Fitch Stock Performance

NYSE ANF opened at $84.75 on Thursday. The stock’s fifty day moving average is $103.09 and its two-hundred day moving average is $93.27. The firm has a market capitalization of $3.89 billion, a P/E ratio of 8.04 and a beta of 1.17. Abercrombie & Fitch has a fifty-two week low of $65.40 and a fifty-two week high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.56 by $0.12. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The business had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same period last year, the company earned $3.57 EPS. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. Abercrombie & Fitch has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 10.200-11.000 EPS. As a group, sell-side analysts forecast that Abercrombie & Fitch will post 10.62 EPS for the current year.

Insider Activity

In other news, CEO Fran Horowitz sold 29,769 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $100.00, for a total value of $2,976,900.00. Following the sale, the chief executive officer directly owned 308,503 shares of the company’s stock, valued at approximately $30,850,300. The trade was a 8.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last quarter, insiders have sold 350,000 shares of company stock valued at $34,661,358. 2.29% of the stock is currently owned by insiders.

Institutional Trading of Abercrombie & Fitch

Several institutional investors have recently added to or reduced their stakes in ANF. Vanguard Group Inc. raised its position in Abercrombie & Fitch by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock valued at $601,841,000 after purchasing an additional 94,697 shares during the period. AQR Capital Management LLC boosted its position in shares of Abercrombie & Fitch by 56.0% during the fourth quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock worth $315,209,000 after buying an additional 898,884 shares during the period. Bbfit Investments PTE Ltd. acquired a new stake in shares of Abercrombie & Fitch in the fourth quarter valued at $205,539,000. Wellington Management Group LLP grew its stake in shares of Abercrombie & Fitch by 5,749.6% in the third quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock valued at $102,148,000 after buying an additional 1,173,601 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Abercrombie & Fitch by 41.2% in the 3rd quarter. American Century Companies Inc. now owns 1,176,990 shares of the apparel retailer’s stock valued at $100,691,000 after buying an additional 343,288 shares during the period.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.