180 Wealth Advisors LLC Invests $236,000 in Abercrombie & Fitch Company $ANF

180 Wealth Advisors LLC acquired a new position in shares of Abercrombie & Fitch Company (NYSE:ANFFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,847 shares of the apparel retailer’s stock, valued at approximately $236,000.

A number of other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in shares of Abercrombie & Fitch by 198.2% during the first quarter. AQR Capital Management LLC now owns 1,955,927 shares of the apparel retailer’s stock worth $144,582,000 after acquiring an additional 1,300,070 shares during the period. American Century Companies Inc. boosted its holdings in shares of Abercrombie & Fitch by 18.5% during the first quarter. American Century Companies Inc. now owns 806,980 shares of the apparel retailer’s stock worth $61,629,000 after acquiring an additional 126,050 shares during the period. Jupiter Asset Management Ltd. boosted its holdings in shares of Abercrombie & Fitch by 0.8% during the first quarter. Jupiter Asset Management Ltd. now owns 621,234 shares of the apparel retailer’s stock worth $47,444,000 after acquiring an additional 5,006 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Abercrombie & Fitch by 5.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 549,081 shares of the apparel retailer’s stock worth $41,934,000 after acquiring an additional 28,379 shares during the period. Finally, Pacer Advisors Inc. boosted its holdings in shares of Abercrombie & Fitch by 3,113.1% during the first quarter. Pacer Advisors Inc. now owns 506,088 shares of the apparel retailer’s stock worth $38,650,000 after acquiring an additional 490,337 shares during the period.

Abercrombie & Fitch Price Performance

Shares of ANF opened at $70.47 on Friday. Abercrombie & Fitch Company has a one year low of $65.40 and a one year high of $164.80. The company has a market cap of $3.32 billion, a P/E ratio of 6.67 and a beta of 1.45. The firm has a 50 day simple moving average of $85.47 and a two-hundred day simple moving average of $83.68.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The apparel retailer reported $2.32 EPS for the quarter, beating the consensus estimate of $2.27 by $0.05. Abercrombie & Fitch had a net margin of 10.61% and a return on equity of 40.02%. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the business earned $2.50 earnings per share. The company’s revenue was up 6.6% on a year-over-year basis. Abercrombie & Fitch has set its FY 2025 guidance at 10.000-10.500 EPS. Q3 2025 guidance at 2.050-2.250 EPS. On average, analysts expect that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

Insider Transactions at Abercrombie & Fitch

In other news, Director Kenneth B. Robinson sold 1,392 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $94.60, for a total transaction of $131,683.20. Following the completion of the transaction, the director directly owned 5,880 shares in the company, valued at approximately $556,248. This represents a 19.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jay Rust sold 1,500 shares of the company’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $93.15, for a total transaction of $139,725.00. Following the transaction, the executive vice president owned 6,648 shares of the company’s stock, valued at $619,261.20. This trade represents a 18.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,964 shares of company stock worth $759,233. Corporate insiders own 2.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Raymond James Financial set a $105.00 price target on Abercrombie & Fitch and gave the company an “outperform” rating in a research note on Thursday, August 28th. Morgan Stanley set a $93.00 price target on Abercrombie & Fitch in a research note on Thursday, August 28th. BTIG Research assumed coverage on Abercrombie & Fitch in a research note on Thursday, September 18th. They issued a “buy” rating and a $120.00 price target for the company. Telsey Advisory Group reiterated an “outperform” rating and issued a $125.00 price target on shares of Abercrombie & Fitch in a research note on Friday, September 12th. Finally, Citigroup reiterated a “neutral” rating and issued a $105.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday, August 20th. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $111.11.

Get Our Latest Stock Report on Abercrombie & Fitch

About Abercrombie & Fitch

(Free Report)

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.

See Also

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Institutional Ownership by Quarter for Abercrombie & Fitch (NYSE:ANF)

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