Wall Street Zen upgraded shares of Abercrombie & Fitch (NYSE:ANF – Free Report) from a hold rating to a buy rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.
A number of other research firms also recently weighed in on ANF. BTIG Research upped their price target on Abercrombie & Fitch from $120.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, August 26th. UBS Group lifted their price objective on shares of Abercrombie & Fitch from $153.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, August 27th. Telsey Advisory Group boosted their price objective on shares of Abercrombie & Fitch from $118.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. JPMorgan Chase & Co. increased their target price on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the stock a “neutral” rating in a report on Tuesday, August 18th. Finally, Jefferies Financial Group set a $175.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, August 26th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and an average price target of $155.38.
View Our Latest Analysis on ANF
Abercrombie & Fitch Price Performance
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, topping the consensus estimate of $1.99 by $2.18. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.Abercrombie & Fitch’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. Sell-side analysts anticipate that Abercrombie & Fitch will post 11.42 earnings per share for the current fiscal year.
Insider Activity
In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 10,000 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the sale, the chief operating officer directly owned 152,534 shares of the company’s stock, valued at approximately $17,541,410. This represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Gregory J. Henchel sold 30,000 shares of the stock in a transaction on Friday, August 28th. The shares were sold at an average price of $146.65, for a total transaction of $4,399,500.00. Following the completion of the sale, the executive vice president owned 33,681 shares of the company’s stock, valued at approximately $4,939,318.65. This represents a 47.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 72,800 shares of company stock valued at $9,595,392 over the last three months. Corporate insiders own 2.33% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. Timbuktu Capital Management LLC bought a new position in Abercrombie & Fitch during the second quarter worth about $29,000. NewEdge Advisors LLC raised its stake in Abercrombie & Fitch by 181.6% in the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 227 shares during the period. Transamerica Financial Advisors LLC lifted its position in shares of Abercrombie & Fitch by 322.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after buying an additional 190 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 148 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of Abercrombie & Fitch by 94.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock worth $44,000 after acquiring an additional 170 shares during the period.
Abercrombie & Fitch News Summary
Here are the key news stories impacting Abercrombie & Fitch this week:
- Positive Sentiment: BMO Capital Markets upgraded ANF to “strong buy,” providing a fresh positive catalyst for the stock after its strong rally. Zacks analyst upgrade coverage
- Positive Sentiment: Zacks Research raised several future earnings estimates and maintained a “Strong Buy” rating. FY2027 EPS was increased to $11.48 from $10.54, FY2028 EPS to $12.29 from $11.62, and FY2029 EPS to $13.21 from $12.24. The firm also lifted Q2 2029 EPS expectations to $3.02 from $2.50. Abercrombie & Fitch analyst estimates
- Positive Sentiment: The retailer’s latest quarterly results showed strong earnings momentum: EPS of $4.17 substantially exceeded the $1.99 consensus estimate, while revenue reached $1.27 billion and grew 4.8% year over year. Full-year EPS guidance remains $13.10–$13.60.
- Positive Sentiment: ANF recently established a new one-year high, reinforcing technical momentum and investor confidence following the earnings beat and analyst upgrades. Abercrombie & Fitch new one-year high
- Neutral Sentiment: Some analyst views remain cautious despite the bullish revisions. The broader analyst consensus is “Moderate Buy,” with a consensus price target of approximately $155.38, close to the stock’s recent trading range.
- Negative Sentiment: Zacks trimmed a few estimates, including Q1 2028 EPS to $1.61 from $1.64 and Q1 2029 EPS to $1.72 from $1.76, signaling some potential near-term seasonality or margin pressure.
- Negative Sentiment: COO Scott Lipesky sold 2,000 shares for approximately $293,640. The sale reduced his holdings by 1.36%, a relatively small transaction but a modest negative sentiment signal. ANF COO stock sale
- Negative Sentiment: Weakness across several apparel retailers, including American Eagle, Macy’s and Zumiez, along with concerns about tariffs and consumer spending, may be limiting gains in the broader retail sector. Apparel retailer sector weakness
Abercrombie & Fitch Company Profile
Abercrombie & Fitch Co is a global, omnichannel specialty retailer that sells casual apparel, accessories and personal-care products through company-operated stores and digital channels. The company serves customers through its Abercrombie, abercrombie kids, Hollister and Gilly Hicks brands, which target a range of consumers and lifestyles.
Abercrombie & Fitch offers products including jeans, tops, dresses, outerwear, intimates, sleepwear, swimwear, accessories and fragrances. Its brands operate through retail locations and e-commerce platforms, with sales across North America, Europe, Asia and other international markets.
Founded in 1892 as an outdoor-goods retailer in New York City, the company later developed into a youth-focused apparel retailer and has since broadened its brand portfolio and customer appeal.
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