Dynamic Technology Lab Private Ltd purchased a new position in Abercrombie & Fitch Company (NYSE:ANF – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,717 shares of the apparel retailer’s stock, valued at approximately $917,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of ANF. Parallel Advisors LLC raised its holdings in shares of Abercrombie & Fitch by 17.6% in the 3rd quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock worth $83,000 after acquiring an additional 145 shares during the last quarter. First Trust Advisors LP boosted its stake in Abercrombie & Fitch by 133.6% during the 3rd quarter. First Trust Advisors LP now owns 33,787 shares of the apparel retailer’s stock valued at $2,890,000 after purchasing an additional 19,324 shares during the last quarter. Neo Ivy Capital Management acquired a new position in Abercrombie & Fitch during the 3rd quarter valued at about $1,881,000. Crossmark Global Holdings Inc. increased its holdings in Abercrombie & Fitch by 63.3% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 4,847 shares of the apparel retailer’s stock worth $415,000 after purchasing an additional 1,878 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co bought a new stake in Abercrombie & Fitch during the 3rd quarter worth approximately $1,191,000.
Analyst Ratings Changes
ANF has been the topic of a number of analyst reports. Zacks Research raised shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. The Goldman Sachs Group assumed coverage on shares of Abercrombie & Fitch in a report on Thursday, December 11th. They issued a “buy” rating and a $120.00 target price for the company. Jefferies Financial Group cut their price target on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, March 4th. UBS Group reduced their price objective on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. Finally, JPMorgan Chase & Co. increased their price objective on shares of Abercrombie & Fitch from $102.00 to $114.00 and gave the company a “neutral” rating in a research note on Thursday. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Abercrombie & Fitch currently has an average rating of “Moderate Buy” and a consensus target price of $118.80.
Abercrombie & Fitch Trading Down 4.1%
Abercrombie & Fitch stock opened at $84.75 on Monday. 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 $3.89 billion, a PE ratio of 8.04 and a beta of 1.17. The firm’s 50 day simple moving average is $103.09 and its 200 day simple moving average is $93.28.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last posted its quarterly earnings data 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 the consensus estimate of $1.67 billion. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The firm’s revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm 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 forecast that Abercrombie & Fitch Company will post 10.62 earnings per share for the current year.
Insider Buying and Selling
In related news, CEO Fran Horowitz sold 103,200 shares of the firm’s stock in a transaction on 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 completion of the sale, the chief executive officer owned 605,303 shares of the company’s stock, valued at $59,640,504.59. This trade represents a 14.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Over the last three months, insiders sold 350,000 shares of company stock worth $34,661,358. Corporate insiders own 2.29% of the company’s stock.
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.
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