Delta Global Management LP Invests $25.57 Million in Abercrombie & Fitch Company $ANF

Delta Global Management LP purchased a new position in shares of Abercrombie & Fitch Company (NYSE:ANF) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 203,145 shares of the apparel retailer’s stock, valued at approximately $25,570,000. Abercrombie & Fitch comprises approximately 1.2% of Delta Global Management LP’s holdings, making the stock its 18th biggest holding. Delta Global Management LP owned about 0.44% of Abercrombie & Fitch as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Parallel Advisors LLC raised its stake in shares of Abercrombie & Fitch by 17.6% in the third quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock valued at $83,000 after purchasing an additional 145 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 148 shares in the last quarter. Kestra Advisory Services LLC raised its stake in shares of Abercrombie & Fitch by 3.9% in the fourth quarter. Kestra Advisory Services LLC now owns 4,055 shares of the apparel retailer’s stock valued at $510,000 after purchasing an additional 151 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of Abercrombie & Fitch by 94.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after purchasing an additional 170 shares in the last quarter. Finally, CSM Advisors LLC raised its stake in shares of Abercrombie & Fitch by 4.3% in the fourth quarter. CSM Advisors LLC now owns 4,121 shares of the apparel retailer’s stock valued at $520,000 after purchasing an additional 170 shares in the last quarter.

Analyst Ratings Changes

ANF has been the subject of a number of recent research reports. UBS Group cut their target price on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research note on Thursday, May 28th. Barclays upped their target price on Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. Wall Street Zen lowered Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Jefferies Financial Group dropped their price objective on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Finally, JPMorgan Chase & Co. increased their price objective on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. Eight 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 MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $112.64.

Abercrombie & Fitch Stock Up 0.4%

Abercrombie & Fitch stock opened at $90.90 on Tuesday. The business’s 50-day simple moving average is $84.01 and its 200 day simple moving average is $95.43. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of 8.72 and a beta of 0.92. Abercrombie & Fitch Company has a 12-month low of $65.45 and a 12-month high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The business had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter last year, the business earned $1.59 earnings per share. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. As a group, sell-side analysts expect that Abercrombie & Fitch Company will post 10.62 EPS 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.