Scott Lipesky Sells 5,000 Shares of Abercrombie & Fitch (NYSE:ANF) Stock

Abercrombie & Fitch Company (NYSE:ANF) COO Scott Lipesky sold 5,000 shares of the stock in a transaction on Friday, August 28th. The shares were sold at an average price of $149.00, for a total value of $745,000.00. Following the completion of the transaction, the chief operating officer directly owned 147,534 shares in the company, valued at $21,982,566. This trade represents a 3.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Abercrombie & Fitch Trading Down 3.0%

Shares of NYSE:ANF opened at $136.46 on Thursday. The company has a market capitalization of $6.06 billion, a PE ratio of 11.68, a P/E/G ratio of 1.23 and a beta of 0.97. Abercrombie & Fitch Company has a twelve month low of $65.45 and a twelve month high of $154.58. The firm has a 50 day simple moving average of $105.23 and a 200-day simple moving average of $93.35.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $2.18. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.91 EPS. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. As a group, equities research analysts predict that Abercrombie & Fitch Company will post 11.4 EPS for the current fiscal year.

Abercrombie & Fitch News Summary

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: Argus upgraded ANF to Buy: Argus raised its rating from Hold to Buy and set a $162 price target, citing continued growth potential from both the Abercrombie and Hollister brands. Argus Research upgrades Abercrombie & Fitch
• Positive Sentiment: Strong quarterly performance: ANF recently reported adjusted earnings of $4.17 per share versus the $1.99 consensus estimate, while revenue of $1.27 billion exceeded expectations. Management guided to fiscal-year earnings of $13.10-$13.60 per share, supporting the longer-term growth case. Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
• Neutral Sentiment: Retail-sector rotation: Money moved into more heavily discounted department-store retailers, including Kohl’s and Macy’s, while ANF lagged. This suggests some investors are taking profits in a stock that has already rallied sharply.
• Negative Sentiment: Concerns about valuation and one-time benefits: Citi downgraded the shares to Neutral, arguing that a roughly $100 million tariff refund boosted the latest quarter but is not recurring. After the rally, ANF’s valuation has expanded significantly, leaving less room for execution disappointments. Valuation concerns at Abercrombie & Fitch
• Negative Sentiment: Insider selling: Three executives and a director sold a combined 40,800 shares for approximately $6 million on August 28. The largest sale, by EVP Gregory Henchel, reduced his position by roughly 47%, adding caution among investors after the strong advance. Abercrombie insider selling

Institutional Investors Weigh In On Abercrombie & Fitch

Large investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings 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 worth $2,254,000 after buying an additional 892 shares in the last quarter. Jones Financial Companies Lllp lifted its stake 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 valued at $76,000 after purchasing an additional 839 shares in the last quarter. United Services Automobile Association purchased a new stake in Abercrombie & Fitch during the first quarter worth approximately $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Abercrombie & Fitch by 8.9% in the 1st 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 in the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Abercrombie & Fitch in the second quarter valued at about $348,000.

Analyst Ratings Changes

Several research firms have issued reports on ANF. Morgan Stanley increased their price objective on Abercrombie & Fitch from $87.00 to $134.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 27th. Citigroup cut shares of Abercrombie & Fitch from a “buy” rating to a “neutral” rating and upped their price target for the stock from $135.00 to $156.00 in a research note on Thursday, August 27th. Needham & Company LLC raised their price objective on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, August 26th. Jefferies Financial Group set a $175.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, August 26th. Finally, Telsey Advisory Group increased their target price on shares of Abercrombie & Fitch from $118.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $154.17.

About Abercrombie & Fitch

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.