Abercrombie & Fitch Company (NYSE:ANF – Get Free Report) has received an average recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $118.80.
A number of brokerages have weighed in on ANF. Morgan Stanley upped their target price on Abercrombie & Fitch from $78.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 26th. Wall Street Zen lowered Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Citigroup upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $90.00 to $135.00 in a research report on Wednesday, January 21st. The Goldman Sachs Group assumed coverage on shares of Abercrombie & Fitch in a research note on Thursday, December 11th. They issued a “buy” rating and a $120.00 target price on the stock. Finally, Zacks Research upgraded shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th.
Check Out Our Latest Research Report on Abercrombie & Fitch
Abercrombie & Fitch Price Performance
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last released its quarterly earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share for the quarter, topping the consensus estimate of $3.56 by $0.12. The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.57 earnings per share. 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 research analysts expect that Abercrombie & Fitch will post 10.62 EPS for the current fiscal year.
Insider Buying and Selling at Abercrombie & Fitch
In other news, CEO Fran Horowitz sold 29,769 shares of the firm’s stock in a transaction 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 sale, the chief executive officer owned 308,503 shares in the company, 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. In the last 90 days, insiders have sold 350,000 shares of company stock worth $34,661,358. Company insiders own 2.29% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Abercrombie & Fitch by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock worth $601,841,000 after purchasing an additional 94,697 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Abercrombie & Fitch by 56.0% during the 4th quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock valued at $315,209,000 after purchasing an additional 898,884 shares during the last quarter. Bbfit Investments PTE Ltd. bought a new position in shares of Abercrombie & Fitch during the 4th quarter valued at about $205,539,000. Wellington Management Group LLP raised its holdings in shares of Abercrombie & Fitch by 5,749.6% during the 3rd 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% during 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 in 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.
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