Abercrombie & Fitch Company (NYSE:ANF – Get Free Report) has received an average recommendation of “Moderate Buy” from the fifteen research firms that are covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $155.3846.
A number of analysts recently weighed in on the stock. Raymond James Financial restated a “market perform” rating on shares of Abercrombie & Fitch in a research note on Tuesday, August 18th. Morgan Stanley boosted their price target on shares of Abercrombie & Fitch from $87.00 to $134.00 and gave the stock an “equal weight” rating in a report on Thursday, August 27th. Citigroup downgraded shares of Abercrombie & Fitch from a “buy” rating to a “neutral” rating and increased their price objective for the company from $135.00 to $156.00 in a research report on Thursday, August 27th. UBS Group lifted their price objective on shares of Abercrombie & Fitch from $153.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, August 27th. Finally, Zacks Research raised Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a report on Friday, August 28th.
Read Our Latest Stock Report on Abercrombie & Fitch
Abercrombie & Fitch Stock Performance
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last released its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $2.18. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.25 billion. Abercrombie & Fitch’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the business posted $2.91 earnings per share. 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, sell-side analysts predict that Abercrombie & Fitch will post 11.4 earnings per share for the current year.
Insiders Place Their Bets
In related news, EVP Gregory Henchel sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $146.65, for a total transaction of $4,399,500.00. Following the completion of the sale, the executive vice president owned 33,681 shares in the company, valued at $4,939,318.65. The trade was a 47.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kenneth Robinson sold 800 shares of the company’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 transaction, the director directly owned 7,169 shares of the company’s stock, valued at $1,073,127.61. This trade represents a 10.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 72,800 shares of company stock worth $9,595,392. Insiders own 2.33% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of ANF. California State Teachers Retirement System grew its position in shares of Abercrombie & Fitch by 8,792.9% during the second quarter. California State Teachers Retirement System now owns 4,671,519 shares of the apparel retailer’s stock worth $420,483,000 after acquiring an additional 4,618,988 shares during the last quarter. Bbfit Investments PTE Ltd. acquired a new position in shares of Abercrombie & Fitch in the 4th quarter valued at $205,539,000. Wellington Management Group LLP raised its position in Abercrombie & Fitch by 5,749.6% in 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 purchasing an additional 1,173,601 shares during the last quarter. AQR Capital Management LLC raised its position in Abercrombie & Fitch by 56.0% in 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. Finally, Norges Bank acquired a new stake in Abercrombie & Fitch during the 4th quarter worth $98,961,000.
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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