Retirement Systems of Alabama Reduces Position in Abercrombie & Fitch Company $ANF

Retirement Systems of Alabama decreased its holdings in Abercrombie & Fitch Company (NYSE:ANF) by 15.9% in the fourth quarter, Holdings Channel reports. The fund owned 132,142 shares of the apparel retailer’s stock after selling 25,033 shares during the period. Retirement Systems of Alabama’s holdings in Abercrombie & Fitch were worth $16,633,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. NewEdge Advisors LLC boosted its holdings in shares of Abercrombie & Fitch by 181.6% during the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 227 shares during the last quarter. Blue Trust Inc. acquired a new stake in shares of Abercrombie & Fitch in the third quarter valued at approximately $38,000. Hantz Financial Services Inc. increased its holdings in shares of Abercrombie & Fitch by 108.2% in the third quarter. Hantz Financial Services Inc. now owns 481 shares of the apparel retailer’s stock valued at $41,000 after purchasing an additional 250 shares during the last quarter. Bessemer Group Inc. lifted its position in Abercrombie & Fitch by 268.0% during the third quarter. Bessemer Group Inc. now owns 666 shares of the apparel retailer’s stock worth $56,000 after buying an additional 485 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in Abercrombie & Fitch by 392.4% during the second quarter. EverSource Wealth Advisors LLC now owns 714 shares of the apparel retailer’s stock worth $59,000 after buying an additional 569 shares in the last quarter.

Abercrombie & Fitch Stock Down 2.0%

ANF stock opened at $92.36 on Friday. Abercrombie & Fitch Company has a 52-week low of $65.40 and a 52-week high of $133.11. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 8.76 and a beta of 1.13. The business has a fifty day moving average of $92.74 and a two-hundred day moving average of $92.41.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly 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 analyst estimates of $1.67 billion. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, sell-side analysts anticipate that Abercrombie & Fitch Company will post 10.62 EPS for the current year.

Insider Buying and Selling

In other Abercrombie & Fitch news, CEO Fran Horowitz sold 103,200 shares of the stock in a transaction dated 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 completion of the transaction, 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 filing with the SEC, which is available through the SEC website. Insiders have sold a total of 350,000 shares of company stock valued at $34,661,358 over the last 90 days. Corporate insiders own 2.29% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Citigroup upgraded Abercrombie & Fitch from a “neutral” rating to a “buy” rating and upped their target price for the company from $90.00 to $135.00 in a report on Wednesday, January 21st. Telsey Advisory Group reiterated an “outperform” rating and set a $125.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, March 4th. Barclays lowered their price target on shares of Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 5th. UBS Group dropped their price objective on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Finally, Needham & Company LLC started coverage on shares of Abercrombie & Fitch in a research report on Thursday, March 26th. They set a “buy” rating and a $108.00 price objective for the company. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $117.82.

Abercrombie & Fitch 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.