South Dakota Investment Council Sells 8,784 Shares of Abercrombie & Fitch Company $ANF

South Dakota Investment Council reduced its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 31.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,416 shares of the apparel retailer’s stock after selling 8,784 shares during the quarter. South Dakota Investment Council’s holdings in Abercrombie & Fitch were worth $1,661,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Abercrombie & Fitch by 3.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock valued at $2,254,000 after buying an additional 892 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Abercrombie & Fitch by 521.1% in the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock worth $76,000 after acquiring an additional 839 shares during the period. United Services Automobile Association acquired a new stake in shares of Abercrombie & Fitch during the 1st quarter worth approximately $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Abercrombie & Fitch by 8.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock valued at $9,729,000 after purchasing an additional 10,459 shares during the period. Finally, Sivia Capital Partners LLC acquired a new position in shares of Abercrombie & Fitch in the second quarter valued at $348,000.

Analyst Ratings Changes

ANF has been the subject of a number of recent research reports. UBS Group dropped 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. JPMorgan Chase & Co. increased their price target on shares of Abercrombie & Fitch from $102.00 to $114.00 and gave the stock a “neutral” rating in a research report on Thursday. Morgan Stanley lifted their price objective on Abercrombie & Fitch from $78.00 to $95.00 and gave the company an “equal weight” rating in a report on Wednesday, November 26th. Barclays reiterated a “negative” rating and issued a $95.00 price objective on shares of Abercrombie & Fitch in a research note on Thursday. Finally, BTIG Research restated a “buy” rating and set a $120.00 target price on shares of Abercrombie & Fitch in a research report on Thursday. Seven research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $118.80.

Insiders Place Their Bets

In related news, CEO Fran Horowitz sold 103,200 shares of the business’s stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $98.53, for a total transaction of $10,168,296.00. Following the completion of the transaction, the chief executive officer owned 605,303 shares in the company, valued at approximately $59,640,504.59. The trade was a 14.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders have sold 350,000 shares of company stock worth $34,661,358. 2.29% of the stock is owned by company insiders.

Abercrombie & Fitch Stock Performance

Abercrombie & Fitch stock opened at $88.28 on Friday. Abercrombie & Fitch Company has a 52 week low of $65.40 and a 52 week high of $133.11. The business’s fifty day moving average is $103.93 and its two-hundred day moving average is $93.36. The firm has a market cap of $4.05 billion, a P/E ratio of 8.38 and a beta of 1.17.

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. 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 period in the previous year, the firm posted $3.57 earnings per share. The company’s revenue was up 5.4% on a year-over-year basis. 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, equities research analysts predict that Abercrombie & Fitch Company will post 10.62 earnings per share for the current 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.