Delta Global Management LP Invests $25.57 Million in Abercrombie & Fitch Company $ANF

Delta Global Management LP purchased a new position in shares of Abercrombie & Fitch Company (NYSE:ANF) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 203,145 shares of the apparel retailer’s stock, valued at approximately $25,570,000. Abercrombie & Fitch accounts for 1.2% of Delta Global Management LP’s portfolio, making the stock its 18th biggest position.

Other hedge funds also recently modified their holdings of the company. Transamerica Financial Advisors LLC raised its position in shares of Abercrombie & Fitch by 322.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock worth $31,000 after purchasing an additional 190 shares during the period. Larson Financial Group LLC raised its position in Abercrombie & Fitch by 120.3% in the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Abercrombie & Fitch in the 4th quarter valued at approximately $44,000. Nomura Asset Management Co. Ltd. raised its position in Abercrombie & Fitch by 94.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after buying an additional 170 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in Abercrombie & Fitch by 181.6% in the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 227 shares during the last quarter.

Wall Street Analysts Forecast Growth

ANF has been the topic of a number of recent research reports. Wall Street Zen lowered Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research report on Sunday, March 8th. Jefferies Financial Group decreased their price target on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Needham & Company LLC restated a “buy” rating and issued a $108.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Raymond James Financial set a $92.00 price target on Abercrombie & Fitch in a research note on Thursday, May 21st. Finally, JPMorgan Chase & Co. raised 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 investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $112.64.

Abercrombie & Fitch Price Performance

ANF opened at $90.90 on Tuesday. The business has a fifty day simple moving average of $84.01 and a 200 day simple moving average of $95.43. The company has a market capitalization of $4.04 billion, a PE ratio of 8.72 and a beta of 0.92. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $133.11.

Abercrombie & Fitch (NYSE:ANF) 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. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The firm’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.59 EPS. 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. Equities analysts anticipate that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

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.