Abercrombie & Fitch (NYSE:ANF) EVP Sells $737,500.00 in Stock

Abercrombie & Fitch Company (NYSE:ANF) EVP Jay Rust sold 5,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $147.50, for a total transaction of $737,500.00. Following the completion of the sale, the executive vice president owned 15,651 shares in the company, valued at $2,308,522.50. This represents a 24.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Abercrombie & Fitch Stock Up 5.2%

Shares of Abercrombie & Fitch stock opened at $143.73 on Friday. The company has a market cap of $6.39 billion, a P/E ratio of 12.31, a PEG ratio of 1.20 and a beta of 0.97. The firm’s 50 day moving average price is $106.32 and its 200-day moving average price is $93.70. Abercrombie & Fitch Company has a 52-week low of $65.45 and a 52-week high of $154.58.

Abercrombie & Fitch (NYSE:ANF) last posted its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $2.18. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. Abercrombie & Fitch’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.91 earnings per share. 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 forecast that Abercrombie & Fitch Company will post 11.4 EPS for the current fiscal year.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of large investors have recently made changes to their positions in the stock. Corient Private Wealth LP raised its stake in Abercrombie & Fitch by 85.6% in the 2nd quarter. Corient Private Wealth LP now owns 7,869 shares of the apparel retailer’s stock worth $708,000 after acquiring an additional 3,630 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Abercrombie & Fitch during the 2nd quarter valued at about $819,000. California State Teachers Retirement System increased its holdings in shares of Abercrombie & Fitch by 8,792.9% in the second quarter. California State Teachers Retirement System now owns 4,671,519 shares of the apparel retailer’s stock valued at $420,483,000 after purchasing an additional 4,618,988 shares during the period. Paralel Advisors LLC acquired a new position in shares of Abercrombie & Fitch in the second quarter valued at about $2,278,000. Finally, AlphaGrep UK Ltd purchased a new position in shares of Abercrombie & Fitch in the second quarter worth about $303,000.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ANF. BTIG Research raised their price objective on Abercrombie & Fitch from $120.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, August 26th. Telsey Advisory Group upped their target price on Abercrombie & Fitch from $118.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. Morgan Stanley increased their price target on Abercrombie & Fitch from $87.00 to $134.00 and gave the company an “equal weight” rating in a research note on Thursday, August 27th. Zacks Research raised Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a report on Friday, August 28th. Finally, Raymond James Financial restated a “market perform” rating on shares of Abercrombie & Fitch in a research note on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $154.17.

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.