Retirement Systems of Alabama Lowers Stock Position in Abercrombie & Fitch Company $ANF

Retirement Systems of Alabama lessened its position in shares of Abercrombie & Fitch Company (NYSE:ANF) by 15.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 132,142 shares of the apparel retailer’s stock after selling 25,033 shares during the quarter. Retirement Systems of Alabama owned approximately 0.29% of Abercrombie & Fitch worth $16,633,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. NewEdge Advisors LLC raised its position in shares of Abercrombie & Fitch by 181.6% in the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after acquiring an additional 227 shares during the period. Blue Trust Inc. acquired a new stake in shares of Abercrombie & Fitch during the 3rd quarter valued at about $38,000. Hantz Financial Services Inc. increased its stake in shares of Abercrombie & Fitch by 108.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 481 shares of the apparel retailer’s stock valued at $41,000 after purchasing an additional 250 shares in the last quarter. Bessemer Group Inc. raised its holdings in Abercrombie & Fitch by 268.0% in the 3rd quarter. Bessemer Group Inc. now owns 666 shares of the apparel retailer’s stock worth $56,000 after purchasing an additional 485 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in Abercrombie & Fitch by 392.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 714 shares of the apparel retailer’s stock worth $59,000 after purchasing an additional 569 shares during the period.

Abercrombie & Fitch Price Performance

Shares of Abercrombie & Fitch stock opened at $92.36 on Friday. The stock has a market capitalization of $4.15 billion, a P/E ratio of 8.76 and a beta of 1.13. The business has a 50 day simple moving average of $92.74 and a two-hundred day simple moving average of $92.41. Abercrombie & Fitch Company has a 12 month low of $65.40 and a 12 month high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly 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 return on equity of 36.36% and a net margin of 9.63%.The firm had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same period in the previous year, the company posted $3.57 earnings per share. The business’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. As a group, research analysts anticipate that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on ANF shares. Jefferies Financial Group dropped their price objective on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, March 4th. Barclays reduced their target price on Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating for the company in a research note on Thursday, March 5th. JPMorgan Chase & Co. lifted their price target on shares of Abercrombie & Fitch from $102.00 to $114.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. Telsey Advisory Group reissued an “outperform” rating and issued a $125.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, March 4th. Finally, Needham & Company LLC started coverage on shares of Abercrombie & Fitch in a research report on Thursday, March 26th. They set a “buy” rating and a $108.00 price objective for the company. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $117.82.

Insider Transactions at Abercrombie & Fitch

In other Abercrombie & Fitch news, CEO Fran Horowitz sold 29,769 shares of Abercrombie & Fitch stock in a transaction on Friday, February 6th. The shares were sold at an average price of $100.00, for a total transaction of $2,976,900.00. Following the sale, the chief executive officer owned 308,503 shares of the company’s stock, valued at $30,850,300. The trade was a 8.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders have sold 350,000 shares of company stock worth $34,661,358. Insiders own 2.29% of the company’s stock.

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.