Abercrombie & Fitch’s (ANF) “Buy” Rating Reiterated at BTIG Research

BTIG Research reissued their buy rating on shares of Abercrombie & Fitch (NYSE:ANF) in a research report released on Thursday,Benzinga reports. BTIG Research currently has a $120.00 price target on the apparel retailer’s stock.

ANF has been the topic of a number of other research reports. Telsey Advisory Group reiterated an “outperform” rating and set a $125.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday. JPMorgan Chase & Co. lowered their price target on shares of Abercrombie & Fitch from $128.00 to $102.00 and set a “neutral” rating for the company in a report on Monday, February 23rd. UBS Group dropped their price target on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. Zacks Research upgraded shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. Finally, Barclays raised their target price on Abercrombie & Fitch from $94.00 to $115.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $118.80.

Abercrombie & Fitch Price Performance

Shares of NYSE ANF opened at $84.75 on Thursday. Abercrombie & Fitch has a 1-year low of $65.40 and a 1-year high of $133.11. The company has a market capitalization of $3.89 billion, a price-to-earnings ratio of 8.04 and a beta of 1.17. The business has a 50-day moving average of $103.09 and a 200-day moving average of $93.27.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 EPS for the quarter, beating the consensus estimate of $3.56 by $0.12. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The company’s revenue was up 5.4% on a year-over-year basis. During the same period 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. Research analysts expect that Abercrombie & Fitch will post 10.62 EPS for the current fiscal year.

Insider Buying and Selling

In other Abercrombie & Fitch news, CEO Fran Horowitz sold 103,200 shares of the stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $98.53, for a total transaction of $10,168,296.00. Following the transaction, the chief executive officer directly owned 605,303 shares in the company, valued at $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 is available through this link. In the last 90 days, insiders have sold 350,000 shares of company stock worth $34,661,358. Corporate insiders own 2.29% of the company’s stock.

Institutional Investors Weigh In On Abercrombie & Fitch

Institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC raised its stake in Abercrombie & Fitch by 486.9% during the second quarter. SG Americas Securities LLC now owns 12,923 shares of the apparel retailer’s stock valued at $1,071,000 after buying an additional 10,721 shares in the last quarter. AE Wealth Management LLC acquired a new position in shares of Abercrombie & Fitch in the 3rd quarter worth approximately $4,227,000. Retirement Systems of Alabama increased its holdings in shares of Abercrombie & Fitch by 9.0% in the 3rd quarter. Retirement Systems of Alabama now owns 157,175 shares of the apparel retailer’s stock valued at $13,446,000 after acquiring an additional 12,942 shares during the last quarter. Valeo Financial Advisors LLC increased its holdings in shares of Abercrombie & Fitch by 10,469.4% in the 2nd quarter. Valeo Financial Advisors LLC now owns 993,101 shares of the apparel retailer’s stock valued at $82,278,000 after acquiring an additional 983,705 shares during the last quarter. Finally, Texas Permanent School Fund Corp raised its position in shares of Abercrombie & Fitch by 122.9% during the 2nd quarter. Texas Permanent School Fund Corp now owns 55,966 shares of the apparel retailer’s stock valued at $4,637,000 after acquiring an additional 30,853 shares in the last quarter.

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.