B. Metzler seel. Sohn & Co. AG purchased a new position in Abercrombie & Fitch Company (NYSE:ANF – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 20,104 shares of the apparel retailer’s stock, valued at approximately $1,720,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of ANF. Parallel Advisors LLC lifted its holdings in Abercrombie & Fitch by 17.6% during the third quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock worth $83,000 after buying an additional 145 shares during the period. Franklin Resources Inc. lifted its stake in shares of Abercrombie & Fitch by 0.4% during the 2nd quarter. Franklin Resources Inc. now owns 47,779 shares of the apparel retailer’s stock worth $3,958,000 after purchasing an additional 167 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Abercrombie & Fitch by 2.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,897 shares of the apparel retailer’s stock valued at $590,000 after purchasing an additional 194 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Abercrombie & Fitch by 1.7% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,240 shares of the apparel retailer’s stock valued at $1,014,000 after purchasing an additional 199 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in Abercrombie & Fitch by 181.6% in the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after purchasing an additional 227 shares during the last quarter.
Wall Street Analyst Weigh In
Several brokerages have weighed in on ANF. JPMorgan Chase & Co. raised their target price on shares of Abercrombie & Fitch from $102.00 to $114.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. Barclays reduced their price target on Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 5th. Zacks Research raised Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. Citigroup upgraded Abercrombie & Fitch from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $90.00 to $135.00 in a research note on Wednesday, January 21st. Finally, Jefferies Financial Group reduced their target price on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Seven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Abercrombie & Fitch has an average rating of “Moderate Buy” and a consensus target price of $118.80.
Insider Buying and Selling
In other Abercrombie & Fitch news, CEO Fran Horowitz sold 29,769 shares of the firm’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 transaction of $2,976,900.00. Following the completion of the transaction, the chief executive officer directly owned 308,503 shares of the company’s stock, valued at approximately $30,850,300. This trade represents a 8.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 350,000 shares of company stock valued at $34,661,358 in the last 90 days. 2.29% of the stock is owned by corporate insiders.
Abercrombie & Fitch Price Performance
Shares of ANF opened at $86.90 on Wednesday. The company’s fifty day moving average price is $101.41 and its 200-day moving average price is $93.15. Abercrombie & Fitch Company has a 1-year low of $65.40 and a 1-year high of $133.11. The firm has a market capitalization of $3.99 billion, a PE ratio of 8.24 and a beta of 1.17.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) 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. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.67 billion. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The firm’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the business posted $3.57 EPS. 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, research analysts anticipate that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.
About Abercrombie & Fitch
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.
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