RFG Advisory LLC purchased a new stake in shares of Abercrombie & Fitch Company (NYSE:ANF – Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 12,791 shares of the apparel retailer’s stock, valued at approximately $1,610,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. AE Wealth Management LLC bought a new stake in Abercrombie & Fitch during the third quarter worth approximately $4,227,000. Retirement Systems of Alabama boosted its stake in Abercrombie & Fitch by 9.0% in the 3rd quarter. Retirement Systems of Alabama now owns 157,175 shares of the apparel retailer’s stock worth $13,446,000 after purchasing an additional 12,942 shares during the period. AlphaQuest LLC acquired a new position in Abercrombie & Fitch in the 3rd quarter worth approximately $1,189,000. Neo Ivy Capital Management acquired a new position in Abercrombie & Fitch in the 3rd quarter worth approximately $1,881,000. Finally, Fisher Asset Management LLC boosted its stake in Abercrombie & Fitch by 10.5% in the 3rd quarter. Fisher Asset Management LLC now owns 431,351 shares of the apparel retailer’s stock worth $36,902,000 after purchasing an additional 40,914 shares during the period.
Wall Street Analyst Weigh In
ANF has been the subject of a number of recent analyst reports. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $125.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, March 4th. UBS Group decreased their price objective on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating for the company in a research note on Monday, February 23rd. BTIG Research reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Abercrombie & Fitch in a research note on Thursday, March 5th. Citigroup raised shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $90.00 to $135.00 in a research note on Wednesday, January 21st. Finally, Wall Street Zen downgraded shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research report on Sunday, March 8th. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $117.45.
Abercrombie & Fitch Stock Down 0.7%
ANF stock opened at $77.95 on Friday. Abercrombie & Fitch Company has a 12-month low of $65.45 and a 12-month high of $133.11. The company has a market cap of $3.49 billion, a price-to-earnings ratio of 7.40 and a beta of 0.97. The company has a 50 day moving average of $90.46 and a two-hundred day moving average of $94.10.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last released its earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.56 by $0.12. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The company had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the prior year, the firm earned $3.57 EPS. The company’s revenue was up 5.4% compared to the same quarter last year. 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. On average, research analysts anticipate that Abercrombie & Fitch Company will post 10.68 EPS for the current year.
Abercrombie & Fitch Company 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.
Further Reading
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