Abercrombie & Fitch (NYSE:ANF) Upgraded at Argus

Posted by Francis Steltz on Sep 3rd, 2026

Argus upgraded shares of Abercrombie & Fitch (NYSE:ANF – Free Report) from a hold rating to a buy rating in a research report report published on Monday morning, Marketbeat.com reports. The brokerage currently has $162.00 price target on the apparel retailer’s stock.

ANF has been the topic of several other research reports. BTIG Research increased their price target on shares of Abercrombie & Fitch from $120.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Morgan Stanley upped their price objective 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 target price for the stock from $135.00 to $156.00 in a research report on Thursday, August 27th. Raymond James Financial restated a “market perform” rating on shares of Abercrombie & Fitch in a report on Tuesday, August 18th. Finally, The Goldman Sachs Group set a $160.00 price target on Abercrombie & Fitch in a research report on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $154.17.

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Abercrombie & Fitch Price Performance

Shares of Abercrombie & Fitch stock opened at $136.46 on Monday. The firm has a market cap of $6.06 billion, a price-to-earnings ratio of 11.68, a P/E/G ratio of 1.23 and a beta of 0.97. Abercrombie & Fitch has a 52-week low of $65.45 and a 52-week high of $154.58. The stock has a 50-day simple moving average of $105.23 and a 200-day simple moving average of $93.35.

Abercrombie & Fitch (NYSE:ANF – Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $2.18. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.The firm’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, equities research analysts predict that Abercrombie & Fitch will post 11.4 earnings per share for the current year.

Insider Transactions at Abercrombie & Fitch

In other Abercrombie & Fitch news, EVP Gregory J. Henchel sold 30,000 shares of the company’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 value of $4,399,500.00. Following the completion of the transaction, the executive vice president owned 33,681 shares of the company’s stock, valued at $4,939,318.65. This represents a 47.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Scott D. Lipesky sold 10,000 shares of Abercrombie & Fitch stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $115.00, for a total value of $1,150,000.00. Following the sale, the chief operating officer directly owned 152,534 shares in the company, valued at $17,541,410. The trade was a 6.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 70,800 shares of company stock valued at $9,301,752. 2.33% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake 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 worth $601,841,000 after acquiring an additional 94,697 shares in the last quarter. California State Teachers Retirement System increased its holdings 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 buying an additional 4,618,988 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Abercrombie & Fitch by 56.0% in the fourth quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock valued at $315,209,000 after acquiring an additional 898,884 shares during the last quarter. Bbfit Investments PTE Ltd. bought a new stake in Abercrombie & Fitch during the 4th quarter worth approximately $205,539,000. Finally, Dimensional Fund Advisors LP grew its position 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 worth $145,823,000 after acquiring an additional 208,709 shares during the last quarter.

Key Stories Impacting Abercrombie & Fitch

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

Positive Sentiment: Argus upgraded ANF to Buy: Argus raised its rating from Hold to Buy and set a $162 price target, citing continued growth potential from both the Abercrombie and Hollister brands. Argus Research upgrades Abercrombie & Fitch
Positive Sentiment: Strong quarterly performance: ANF recently reported adjusted earnings of $4.17 per share versus the $1.99 consensus estimate, while revenue of $1.27 billion exceeded expectations. Management guided to fiscal-year earnings of $13.10-$13.60 per share, supporting the longer-term growth case. Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
Neutral Sentiment: Retail-sector rotation: Money moved into more heavily discounted department-store retailers, including Kohl’s and Macy’s, while ANF lagged. This suggests some investors are taking profits in a stock that has already rallied sharply.
Negative Sentiment: Concerns about valuation and one-time benefits: Citi downgraded the shares to Neutral, arguing that a roughly $100 million tariff refund boosted the latest quarter but is not recurring. After the rally, ANF’s valuation has expanded significantly, leaving less room for execution disappointments. Valuation concerns at Abercrombie & Fitch
Negative Sentiment: Insider selling: Three executives and a director sold a combined 40,800 shares for approximately $6 million on August 28. The largest sale, by EVP Gregory Henchel, reduced his position by roughly 47%, adding caution among investors after the strong advance. Abercrombie insider selling

Abercrombie & Fitch Company Profile

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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.