Abercrombie & Fitch Company $ANF Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its stake in Abercrombie & Fitch Company (NYSE:ANFFree Report) by 7.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,079 shares of the apparel retailer’s stock after selling 1,292 shares during the quarter. Yousif Capital Management LLC’s holdings in Abercrombie & Fitch were worth $1,332,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new stake in shares of Abercrombie & Fitch in the second quarter valued at approximately $38,000. IFP Advisors Inc increased its holdings in shares of Abercrombie & Fitch by 166.7% in the first quarter. IFP Advisors Inc now owns 848 shares of the apparel retailer’s stock valued at $65,000 after purchasing an additional 530 shares during the last quarter. Bayforest Capital Ltd increased its holdings in shares of Abercrombie & Fitch by 102.9% in the first quarter. Bayforest Capital Ltd now owns 848 shares of the apparel retailer’s stock valued at $65,000 after purchasing an additional 430 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of Abercrombie & Fitch by 178.6% in the second quarter. Parallel Advisors LLC now owns 822 shares of the apparel retailer’s stock valued at $68,000 after purchasing an additional 527 shares during the last quarter. Finally, Reyes Financial Architecture Inc. grew its position in Abercrombie & Fitch by 68.0% in the first quarter. Reyes Financial Architecture Inc. now owns 904 shares of the apparel retailer’s stock worth $69,000 after acquiring an additional 366 shares during the period.

Abercrombie & Fitch Trading Down 2.7%

Shares of NYSE ANF opened at $66.66 on Tuesday. Abercrombie & Fitch Company has a 1-year low of $65.40 and a 1-year high of $164.80. The company has a market cap of $3.14 billion, a PE ratio of 6.31 and a beta of 1.45. The company has a 50-day moving average of $87.81 and a two-hundred day moving average of $83.77.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The apparel retailer reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.05. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. Abercrombie & Fitch had a net margin of 10.61% and a return on equity of 40.02%. Abercrombie & Fitch’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.50 earnings per share. Abercrombie & Fitch has set its FY 2025 guidance at 10.000-10.500 EPS. Q3 2025 guidance at 2.050-2.250 EPS. As a group, equities research analysts forecast that Abercrombie & Fitch Company will post 10.62 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on ANF shares. BTIG Research started coverage on shares of Abercrombie & Fitch in a research report on Thursday, September 18th. They set a “buy” rating and a $120.00 price target for the company. Citigroup reaffirmed a “neutral” rating and set a $105.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, August 20th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $103.00 price objective on shares of Abercrombie & Fitch in a research note on Monday, October 6th. Raymond James Financial set a $105.00 price target on shares of Abercrombie & Fitch and gave the company an “outperform” rating in a research note on Thursday, August 28th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $125.00 price objective on shares of Abercrombie & Fitch in a research note on Friday, September 12th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $111.11.

Check Out Our Latest Stock Report on ANF

Insider Activity

In other Abercrombie & Fitch news, EVP Jay Rust sold 1,500 shares of the company’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $93.15, for a total transaction of $139,725.00. Following the sale, the executive vice president directly owned 6,648 shares of the company’s stock, valued at approximately $619,261.20. This represents a 18.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director James A. Goldman sold 5,072 shares of the stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $96.18, for a total transaction of $487,824.96. Following the completion of the transaction, the director directly owned 7,565 shares in the company, valued at $727,601.70. The trade was a 40.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,964 shares of company stock worth $759,233 over the last quarter. 2.29% of the stock is currently owned by company insiders.

Abercrombie & Fitch Profile

(Free Report)

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.

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Institutional Ownership by Quarter for Abercrombie & Fitch (NYSE:ANF)

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