OP Asset Management Ltd bought a new stake in shares of Abercrombie & Fitch Company (NYSE:ANF – Free Report) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 12,604 shares of the apparel retailer’s stock, valued at approximately $1,152,000.
A number of other hedge funds have also recently bought and sold shares of the stock. SG Americas Securities LLC grew its position in Abercrombie & Fitch by 45.6% in the 1st quarter. SG Americas Securities LLC now owns 43,236 shares of the apparel retailer’s stock worth $3,950,000 after purchasing an additional 13,544 shares during the last quarter. Evolve Private Wealth LLC raised its position in shares of Abercrombie & Fitch by 15.0% during the first quarter. Evolve Private Wealth LLC now owns 3,748 shares of the apparel retailer’s stock valued at $342,000 after buying an additional 488 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of Abercrombie & Fitch by 570.6% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 104,936 shares of the apparel retailer’s stock valued at $9,588,000 after buying an additional 89,287 shares during the period. Diversified Trust Co lifted its stake in shares of Abercrombie & Fitch by 8.9% in the first quarter. Diversified Trust Co now owns 6,712 shares of the apparel retailer’s stock valued at $613,000 after buying an additional 549 shares during the period. Finally, Corient Private Wealth LLC grew its position in Abercrombie & Fitch by 34.8% during the fourth quarter. Corient Private Wealth LLC now owns 4,164 shares of the apparel retailer’s stock worth $524,000 after buying an additional 1,074 shares in the last quarter.
Wall Street Analysts Forecast Growth
ANF has been the subject of several recent research reports. Raymond James Financial set a $92.00 price target on Abercrombie & Fitch in a report on Thursday, May 21st. JPMorgan Chase & Co. boosted their price objective on Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Telsey Advisory Group cut their target price on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a research note on Thursday, May 28th. Wall Street Zen cut Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research report on Sunday, March 8th. Finally, BTIG Research reiterated a “buy” rating and set a $120.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Eight equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $112.64.
Abercrombie & Fitch Price Performance
Abercrombie & Fitch stock opened at $89.28 on Tuesday. The business has a 50 day simple moving average of $82.36 and a 200 day simple moving average of $94.73. The company has a market capitalization of $3.97 billion, a PE ratio of 8.57 and a beta of 0.92. Abercrombie & Fitch Company has a one year low of $65.45 and a one year high of $133.11.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the prior year, the business posted $1.59 earnings per share. The business’s revenue was up 1.5% compared to the same quarter last year. 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 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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