Abercrombie & Fitch (NYSE:ANF) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen lowered shares of Abercrombie & Fitch (NYSE:ANF) from a buy rating to a hold rating in a report published on Sunday.

A number of other analysts have also commented on the company. UBS Group dropped their price target on Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. The Goldman Sachs Group initiated coverage on Abercrombie & Fitch in a research report on Thursday, December 11th. They set a “buy” rating and a $120.00 target price for the company. Citigroup upgraded Abercrombie & Fitch from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $90.00 to $135.00 in a research note on Wednesday, January 21st. Zacks Research raised shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $125.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, March 4th. Seven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $118.80.

Abercrombie & Fitch Stock Performance

NYSE:ANF opened at $84.75 on Friday. The firm has a market cap of $3.89 billion, a price-to-earnings ratio of 8.04 and a beta of 1.17. Abercrombie & Fitch has a 52 week low of $65.40 and a 52 week high of $133.11. The firm has a 50-day moving average price of $103.09 and a two-hundred day moving average price of $93.28.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share for the quarter, topping analysts’ consensus estimates of $3.56 by $0.12. The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. As a group, sell-side analysts forecast that Abercrombie & Fitch will post 10.62 earnings per share for the current year.

Insider Transactions at Abercrombie & Fitch

In other Abercrombie & Fitch news, CEO Fran Horowitz sold 29,769 shares of the business’s stock in a transaction 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 sale, the chief executive officer directly owned 308,503 shares in the company, valued at $30,850,300. The trade was a 8.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 350,000 shares of company stock valued at $34,661,358 over the last three months. Company insiders own 2.29% of the company’s stock.

Institutional Investors Weigh In On Abercrombie & Fitch

Several large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its holdings in Abercrombie & Fitch by 181.6% during the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after purchasing an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC increased its stake 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 worth $31,000 after purchasing an additional 190 shares in the last quarter. Larson Financial Group LLC raised 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 purchasing an additional 148 shares during the period. Blue Trust Inc. bought a new stake in shares of Abercrombie & Fitch in the third quarter valued at approximately $38,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of Abercrombie & Fitch by 108.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 481 shares of the apparel retailer’s stock valued at $41,000 after buying an additional 250 shares in the last quarter.

About Abercrombie & Fitch

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.