Abercrombie & Fitch (NYSE:ANF) Director Kenneth Robinson Sells 800 Shares of Stock

Abercrombie & Fitch Company (NYSE:ANF) Director Kenneth Robinson sold 800 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $149.69, for a total value of $119,752.00. Following the completion of the sale, the director directly owned 7,169 shares in the company, valued at approximately $1,073,127.61. The trade was a 10.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Abercrombie & Fitch Trading Down 1.8%

ANF opened at $140.54 on Wednesday. The stock’s 50-day moving average price is $104.28 and its 200 day moving average price is $93.04. Abercrombie & Fitch Company has a 12-month low of $65.45 and a 12-month high of $154.58. The firm has a market cap of $6.24 billion, a price-to-earnings ratio of 12.03, a PEG ratio of 1.26 and a beta of 0.97.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.99 by $2.18. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter in the previous year, the business posted $2.91 earnings per share. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. On average, research analysts forecast that Abercrombie & Fitch Company will post 11.4 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have issued reports on ANF shares. Zacks Research raised Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a report on Friday, August 28th. Telsey Advisory Group upped their target price on Abercrombie & Fitch from $118.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. Argus upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 price target on the stock in a research note on Monday. Weiss Ratings raised Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Abercrombie & Fitch in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $154.17.

Key Stories Impacting Abercrombie & Fitch

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: Strong earnings and brand performance: Abercrombie reported quarterly earnings of $4.17 per share, well above the $1.99 consensus, while revenue reached $1.27 billion. The Abercrombie brand grew 8% year over year, and Hollister continued attracting customers, including through its presence in more than 1,500 Target stores. Management also raised its outlook and authorized a new share-repurchase program. Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
• Positive Sentiment: Argus upgrade: Argus raised Abercrombie & Fitch from Hold to Buy and set a $162 price target, arguing that both Hollister and the namesake brand now provide sustainable growth drivers. Abercrombie & Fitch gains after Argus says hot streak can continue
• Positive Sentiment: Improving estimates: Upward earnings revisions and generally optimistic Wall Street recommendations are supporting the view that ANF’s recent rally may continue. Surging Earnings Estimates Signal Upside for Abercrombie Stock
• Neutral Sentiment: International exposure: Investors are assessing how international revenue trends, currency movements and overseas demand could affect future forecasts and growth. Understanding Abercrombie Reliance on International Revenue
• Negative Sentiment: Valuation and earnings-quality concerns: Citi downgraded ANF to Neutral, noting that a roughly $100 million tariff refund materially benefited the latest quarter but is not recurring. After the stock’s sharp rally, its earnings multiple has risen above 12 from about 7 a year ago, leaving less room for execution mistakes. Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
• Negative Sentiment: Insider selling: Three executives and a director sold a combined 40,800 shares for approximately $6.0 million on August 28. The largest transaction was EVP Gregory Henchel’s 30,000-share sale, reducing his ownership by 47.11%; the sales may add caution after the strong advance.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in shares of Abercrombie & Fitch by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock valued at $601,841,000 after purchasing an additional 94,697 shares during the period. California State Teachers Retirement System increased its stake in shares of Abercrombie & Fitch by 8,792.9% during the 2nd quarter. California State Teachers Retirement System now owns 4,671,519 shares of the apparel retailer’s stock worth $420,483,000 after purchasing an additional 4,618,988 shares in the last quarter. AQR Capital Management LLC raised 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 worth $315,209,000 after purchasing an additional 898,884 shares during the last quarter. Bbfit Investments PTE Ltd. purchased a new stake in Abercrombie & Fitch in the 4th quarter valued at approximately $205,539,000. Finally, Dimensional Fund Advisors LP grew its holdings in Abercrombie & Fitch by 15.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock valued at $145,823,000 after buying an additional 208,709 shares during the last quarter.

About Abercrombie & Fitch

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.