Deroy & Devereaux Private Investment Counsel Inc. Sells 5,472 Shares of Abercrombie & Fitch Company $ANF

Deroy & Devereaux Private Investment Counsel Inc. lowered its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 1.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 319,318 shares of the apparel retailer’s stock after selling 5,472 shares during the period. Abercrombie & Fitch accounts for 2.0% of Deroy & Devereaux Private Investment Counsel Inc.’s holdings, making the stock its 8th biggest position. Deroy & Devereaux Private Investment Counsel Inc. owned about 0.70% of Abercrombie & Fitch worth $40,193,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in ANF. Merit Financial Group LLC increased its holdings in Abercrombie & Fitch by 10.2% during the fourth quarter. Merit Financial Group LLC now owns 4,180 shares of the apparel retailer’s stock worth $526,000 after buying an additional 388 shares during the last quarter. CWM LLC raised its position in Abercrombie & Fitch by 26.9% during the fourth quarter. CWM LLC now owns 4,844 shares of the apparel retailer’s stock worth $610,000 after acquiring an additional 1,026 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Abercrombie & Fitch by 137.6% in the fourth quarter. Farther Finance Advisors LLC now owns 4,886 shares of the apparel retailer’s stock valued at $615,000 after acquiring an additional 2,830 shares during the last quarter. Gibbs Wealth Management acquired a new stake in Abercrombie & Fitch in the fourth quarter valued at $244,000. Finally, Jackson Thornton Wealth Management LLC bought a new position in shares of Abercrombie & Fitch in the 4th quarter valued at about $231,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ANF shares. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $125.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, March 4th. Citigroup upgraded Abercrombie & Fitch from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $90.00 to $135.00 in a report on Wednesday, January 21st. JPMorgan Chase & Co. boosted their price target on Abercrombie & Fitch from $102.00 to $114.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Wall Street Zen lowered Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Abercrombie & Fitch in a research report on Thursday, March 5th. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Abercrombie & Fitch has a consensus rating of “Moderate Buy” and an average target price of $117.82.

Insider Activity

In other news, CEO Fran Horowitz sold 29,769 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $100.00, for a total value of $2,976,900.00. Following the transaction, the chief executive officer owned 308,503 shares of the company’s stock, valued at approximately $30,850,300. This represents a 8.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 350,000 shares of company stock worth $34,661,358 in the last three months. Insiders own 2.29% of the company’s stock.

Abercrombie & Fitch Price Performance

Shares of ANF opened at $94.18 on Friday. The company’s 50-day moving average is $92.19 and its 200-day moving average is $93.10. The firm has a market capitalization of $4.23 billion, a PE ratio of 8.94 and a beta of 1.13. Abercrombie & Fitch Company has a fifty-two week low of $65.45 and a fifty-two week high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 EPS for the quarter, topping the consensus estimate of $3.56 by $0.12. The business had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.67 billion. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. Abercrombie & Fitch’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.57 EPS. Abercrombie & Fitch has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 10.200-11.000 EPS. Analysts predict that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

Abercrombie & Fitch 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.