Wesbanco Bank Inc. Acquires 8,500 Shares of Abercrombie & Fitch Company $ANF

Wesbanco Bank Inc. lifted its holdings in shares of Abercrombie & Fitch Company (NYSE:ANF) by 73.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,000 shares of the apparel retailer’s stock after acquiring an additional 8,500 shares during the period. Wesbanco Bank Inc.’s holdings in Abercrombie & Fitch were worth $2,517,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Maxi Investments CY Ltd bought a new stake in shares of Abercrombie & Fitch during the fourth quarter worth about $2,983,000. Sequoia Financial Advisors LLC increased its position in shares of Abercrombie & Fitch by 38.4% during the fourth quarter. Sequoia Financial Advisors LLC now owns 4,764 shares of the apparel retailer’s stock worth $600,000 after acquiring an additional 1,322 shares in the last quarter. RFG Advisory LLC bought a new stake in shares of Abercrombie & Fitch during the fourth quarter worth about $1,610,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Abercrombie & Fitch during the fourth quarter worth about $1,309,000. Finally, Acorn Financial Advisory Services Inc. ADV bought a new stake in shares of Abercrombie & Fitch during the fourth quarter worth about $203,000.

Abercrombie & Fitch Stock Down 0.7%

ANF opened at $77.95 on Friday. The stock has a market cap of $3.49 billion, a price-to-earnings ratio of 7.40 and a beta of 0.97. Abercrombie & Fitch Company has a twelve month low of $65.45 and a twelve month high of $133.11. The company’s 50-day moving average price is $90.46 and its two-hundred day moving average price is $94.10.

Abercrombie & Fitch (NYSE:ANF) last released its earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share for the quarter, beating analysts’ consensus estimates of $3.56 by $0.12. The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company earned $3.57 earnings per share. 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 anticipate that Abercrombie & Fitch Company will post 10.68 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ANF has been the topic of several analyst reports. Barclays cut their price target on shares of Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating on the stock in a report on Thursday, March 5th. Jefferies Financial Group dropped their target price on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $125.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, March 4th. UBS Group reduced their target price on Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Finally, BTIG Research reaffirmed a “buy” rating and issued a $120.00 target price on shares of Abercrombie & Fitch in a report on Thursday, March 5th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $117.45.

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.