Lisanti Capital Growth LLC Buys 25,075 Shares of Abercrombie & Fitch Company $ANF

Lisanti Capital Growth LLC purchased a new stake in shares of Abercrombie & Fitch Company (NYSE:ANF) in the third quarter, HoldingsChannel.com reports. The firm purchased 25,075 shares of the apparel retailer’s stock, valued at approximately $3,377,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Timbuktu Capital Management LLC acquired a new position in Abercrombie & Fitch in the 2nd quarter worth $29,000. Silver Grove Financial Group Inc. grew its stake in shares of Abercrombie & Fitch by 160.7% during the third quarter. Silver Grove Financial Group Inc. now owns 219 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 135 shares in the last quarter. CoreCap Advisors LLC grew its stake in shares of Abercrombie & Fitch by 304.2% during the third quarter. CoreCap Advisors LLC now owns 384 shares of the apparel retailer’s stock valued at $52,000 after acquiring an additional 289 shares in the last quarter. Versant Capital Management Inc increased its position in shares of Abercrombie & Fitch by 29.8% during the second quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock worth $55,000 after acquiring an additional 140 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in shares of Abercrombie & Fitch by 46.7% during the first quarter. Parallel Advisors LLC now owns 788 shares of the apparel retailer’s stock worth $72,000 after acquiring an additional 251 shares during the last quarter.

Abercrombie & Fitch Price Performance

NYSE ANF opened at $152.02 on Thursday. The company has a market capitalization of $6.45 billion, a price-to-earnings ratio of 13.02, a price-to-earnings-growth ratio of 1.35 and a beta of 1.01. Abercrombie & Fitch Company has a 12 month low of $65.45 and a 12 month high of $172.00. The company’s fifty day moving average price is $148.08 and its two-hundred day moving average price is $107.18.

Abercrombie & Fitch (NYSE:ANF) last released its earnings results 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 the consensus estimate of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The company’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.91 EPS. 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. As a group, analysts anticipate that Abercrombie & Fitch Company will post 11.42 EPS for the current year.

Insider Activity at Abercrombie & Fitch

In related news, EVP Gregory J. Henchel sold 30,000 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $146.65, for a total value of $4,399,500.00. Following the completion of the sale, the executive vice president directly owned 33,681 shares of the company’s stock, valued at $4,939,318.65. The trade was a 47.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Scott D. Lipesky sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $149.00, for a total value of $745,000.00. Following the sale, the chief operating officer owned 147,534 shares in the company, valued at $21,982,566. The trade was a 3.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 42,800 shares of company stock worth $6,295,392. 2.33% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

ANF has been the topic of several recent analyst reports. UBS Group boosted their price target on Abercrombie & Fitch from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday. Needham & Company LLC raised their price objective on Abercrombie & Fitch from $108.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, August 26th. Argus upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 price objective for the company in a research note on Monday, August 31st. JPMorgan Chase & Co. lifted their price objective on Abercrombie & Fitch from $110.00 to $126.00 and gave the stock a “neutral” rating in a report on Tuesday, August 18th. Finally, BMO Capital Markets assumed coverage on Abercrombie & Fitch in a research note on Tuesday, September 8th. They set an “outperform” rating and a $170.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $159.71.

About Abercrombie & Fitch

Abercrombie & Fitch Co. is a global specialty retailer of apparel and accessories. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products for women, men and children that include clothing, footwear, accessories and personal-care items. The company sells through retail stores and digital channels, serving customers in North America and international markets. It traces its origins to 1892, when David T. Abercrombie founded an outfitting business in New York; Ezra Fitch joined the company in 1900.