Arrowstreet Capital Limited Partnership raised its position in Abercrombie & Fitch Company (NYSE:ANF – Free Report) by 41.6% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 1,310,296 shares of the apparel retailer’s stock after acquiring an additional 384,845 shares during the period. Arrowstreet Capital Limited Partnership owned about 2.93% of Abercrombie & Fitch worth $119,722,000 as of its most recent filing with the SEC.
A number of other large investors have also recently bought and sold shares of the company. Intech Investment Management LLC grew its stake in shares of Abercrombie & Fitch by 60.6% in the fourth quarter. Intech Investment Management LLC now owns 50,942 shares of the apparel retailer’s stock valued at $6,412,000 after buying an additional 19,215 shares in the last quarter. Vanguard Group Inc. raised its position 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 acquiring an additional 94,697 shares in the last quarter. Royce & Associates LP bought a new stake in Abercrombie & Fitch during the fourth quarter worth $9,967,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Abercrombie & Fitch by 45.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 197,020 shares of the apparel retailer’s stock valued at $24,379,000 after purchasing an additional 61,437 shares during the period. Finally, Hillsdale Investment Management Inc. lifted its stake in Abercrombie & Fitch by 130.6% in the 4th quarter. Hillsdale Investment Management Inc. now owns 68,500 shares of the apparel retailer’s stock valued at $8,622,000 after purchasing an additional 38,800 shares during the last quarter.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on ANF shares. Morgan Stanley reiterated an “equal weight” rating and set a $87.00 price target on shares of Abercrombie & Fitch in a report on Monday, July 6th. Telsey Advisory Group cut their price objective on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a research report on Thursday, May 28th. Raymond James Financial set a $92.00 target price on Abercrombie & Fitch in a research note on Thursday, May 21st. Barclays boosted their target price on Abercrombie & Fitch from $76.00 to $78.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Finally, JPMorgan Chase & Co. increased their price target on Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Eight equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $111.91.
Abercrombie & Fitch Trading Up 3.2%
Shares of NYSE ANF opened at $93.82 on Friday. The firm has a market cap of $4.17 billion, a P/E ratio of 9.00 and a beta of 0.89. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $133.11. The business’s 50 day moving average is $86.07 and its 200-day moving average is $91.10.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the company posted $1.59 EPS. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. Analysts forecast that Abercrombie & Fitch Company will post 10.46 EPS for the current year.
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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