Cinctive Capital Management LP Has $5.75 Million Stock Position in Abercrombie & Fitch Company $ANF

Cinctive Capital Management LP grew its position in Abercrombie & Fitch Company (NYSE:ANF) by 350.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,665 shares of the apparel retailer’s stock after buying an additional 35,528 shares during the quarter. Cinctive Capital Management LP owned approximately 0.10% of Abercrombie & Fitch worth $5,748,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ANF. Bbfit Investments PTE Ltd. acquired a new position in shares of Abercrombie & Fitch in the fourth quarter worth about $205,539,000. Wellington Management Group LLP increased its stake in Abercrombie & Fitch by 5,749.6% in the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock valued at $102,148,000 after buying an additional 1,173,601 shares during the period. AQR Capital Management LLC boosted its stake in shares of Abercrombie & Fitch by 56.0% during the 4th quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock valued at $315,209,000 after buying an additional 898,884 shares during the period. Norges Bank acquired a new stake in shares of Abercrombie & Fitch during the 4th quarter valued at $98,961,000. Finally, M&T Bank Corp purchased a new position in shares of Abercrombie & Fitch during the 4th quarter valued at $86,383,000.

Abercrombie & Fitch Trading Down 4.8%

Shares of ANF stock opened at $84.78 on Thursday. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $133.11. The firm’s fifty day simple moving average is $83.69 and its 200 day simple moving average is $95.31. The firm has a market capitalization of $3.77 billion, a P/E ratio of 8.14 and a beta of 0.92.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the previous year, the firm posted $1.59 earnings per share. Abercrombie & Fitch’s 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. Equities research analysts anticipate that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on ANF. JPMorgan Chase & Co. boosted their price target on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. BTIG Research restated a “buy” rating and set a $120.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Telsey Advisory Group lowered their price target on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, May 28th. Raymond James Financial set a $92.00 price target on shares of Abercrombie & Fitch in a report on Thursday, May 21st. Finally, UBS Group lowered their price target on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday, May 28th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $112.64.

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.