Abercrombie & Fitch (NYSE:ANF) Given New $110.00 Price Target at JPMorgan Chase & Co.

Abercrombie & Fitch (NYSE:ANF) had its price target cut by JPMorgan Chase & Co. from $114.00 to $110.00 in a research note released on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the apparel retailer’s stock.

Several other equities analysts also recently commented on ANF. Citigroup upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $90.00 to $135.00 in a research note on Wednesday, January 21st. Needham & Company LLC assumed coverage on Abercrombie & Fitch in a report on Thursday, March 26th. They issued a “buy” rating and a $108.00 target price for the company. Wall Street Zen cut Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. UBS Group reduced their price target on Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Finally, Barclays decreased their price objective on Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating for the company in a research note on Thursday, March 5th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Abercrombie & Fitch has an average rating of “Moderate Buy” and a consensus price target of $117.45.

Abercrombie & Fitch Stock Performance

NYSE ANF opened at $95.30 on Tuesday. The firm has a 50 day simple moving average of $92.34 and a 200-day simple moving average of $93.31. Abercrombie & Fitch has a one year low of $65.45 and a one year high of $133.11. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 9.04 and a beta of 1.13.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share for the quarter, beating analysts’ consensus estimates of $3.56 by $0.12. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The firm had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter in the previous year, the business posted $3.57 earnings per share. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. 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. Equities analysts predict that Abercrombie & Fitch will post 10.71 EPS for the current fiscal year.

Insider Activity

In other news, CEO Fran Horowitz sold 103,200 shares of the stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $98.53, for a total value of $10,168,296.00. Following the transaction, the chief executive officer owned 605,303 shares in the company, valued at approximately $59,640,504.59. This represents a 14.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 350,000 shares of company stock worth $34,661,358. Corporate insiders own 2.29% of the company’s stock.

Hedge Funds Weigh In On Abercrombie & Fitch

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ANF. Transamerica Financial Advisors LLC increased its stake in Abercrombie & Fitch by 322.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after purchasing an additional 190 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of Abercrombie & Fitch by 120.3% during the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after buying an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Abercrombie & Fitch in the 4th quarter valued at $44,000. Nomura Asset Management Co. Ltd. grew its position in shares of Abercrombie & Fitch by 94.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after buying an additional 170 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of Abercrombie & Fitch by 181.6% in the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 227 shares during the last quarter.

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.