New Age Alpha Advisors LLC decreased its position in shares of Abercrombie & Fitch Company (NYSE:ANF – Free Report) by 64.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,793 shares of the apparel retailer’s stock after selling 7,012 shares during the period. New Age Alpha Advisors LLC’s holdings in Abercrombie & Fitch were worth $477,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted 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 valued at $601,841,000 after purchasing an additional 94,697 shares during the last quarter. AQR Capital Management LLC boosted its position in Abercrombie & Fitch by 1.1% during the second quarter. AQR Capital Management LLC now owns 1,978,142 shares of the apparel retailer’s stock valued at $163,889,000 after purchasing an additional 22,215 shares during the last quarter. Wellington Management Group LLP boosted its position in Abercrombie & Fitch by 5,749.6% during the third 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. American Century Companies Inc. boosted its position in Abercrombie & Fitch by 41.2% during the third quarter. American Century Companies Inc. now owns 1,176,990 shares of the apparel retailer’s stock valued at $100,691,000 after purchasing an additional 343,288 shares during the last quarter. Finally, Boston Partners boosted its position in Abercrombie & Fitch by 102.5% during the third quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock valued at $92,940,000 after purchasing an additional 553,889 shares during the last quarter.
Abercrombie & Fitch Price Performance
Shares of NYSE:ANF opened at $82.10 on Friday. Abercrombie & Fitch Company has a fifty-two week low of $65.45 and a fifty-two week high of $133.11. The business has a 50-day moving average of $85.86 and a two-hundred day moving average of $94.56. The stock has a market capitalization of $3.67 billion, a P/E ratio of 7.88 and a beta of 0.97.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on ANF. BTIG Research reissued a “buy” rating and set a $120.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday. Needham & Company LLC reissued a “buy” rating and set a $108.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday. UBS Group reduced their price target on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday. JPMorgan Chase & Co. boosted their price target on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Raymond James Financial set a $92.00 price target on Abercrombie & Fitch in a research report on Thursday, May 21st. Eight equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $112.64.
Key Abercrombie & Fitch News
Here are the key news stories impacting Abercrombie & Fitch this week:
- Positive Sentiment: ANF beat Q1 profit expectations and delivered record first-quarter sales, which helped fuel the stock’s rally. Strong performance in the Americas and APAC offset weakness tied to Middle East conflict in EMEA. Reuters article
- Positive Sentiment: JPMorgan raised its price target on Abercrombie & Fitch from $107 to $110, signaling continued confidence in the stock even while keeping a neutral rating. Benzinga article
- Positive Sentiment: Telsey Advisory Group lowered its target to $115 from $125, but still kept an outperform rating, suggesting analysts still see meaningful upside from current levels. Benzinga article
- Neutral Sentiment: Management reaffirmed its fiscal 2026 outlook, including 3% to 5% sales growth and EPS of $10.20 to $11.00, which supports the long-term story but did not raise guidance. GlobeNewswire article
- Negative Sentiment: The quarter was not flawless: comparable sales fell 1%, Hollister was flat, operating margin slipped to 8.0% from 9.3%, and management flagged softer EMEA demand and tariff headwinds. These details may temper enthusiasm after the earnings beat. GlobeNewswire article
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.
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