Abercrombie & Fitch Company (NYSE:ANF – Get Free Report) was down 4.1% on Monday . The company traded as low as $94.95 and last traded at $94.3950. Approximately 107,697 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 1,530,117 shares. The stock had previously closed at $98.39.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on ANF shares. Citigroup raised Abercrombie & Fitch from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $90.00 to $135.00 in a report on Wednesday, January 21st. JPMorgan Chase & Co. boosted their price target on Abercrombie & Fitch from $102.00 to $114.00 and gave the stock a “neutral” rating in a report on Thursday, March 5th. Jefferies Financial Group cut their price target on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. Wall Street Zen cut Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Finally, Barclays cut their price target on Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating for the company in a report on Thursday, March 5th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Abercrombie & Fitch has a consensus rating of “Moderate Buy” and a consensus price target of $117.82.
View Our Latest Stock Analysis on ANF
Abercrombie & Fitch Stock Down 2.2%
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last posted its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.56 by $0.12. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter last year, the firm earned $3.57 earnings per share. The business’s revenue was up 5.4% on a year-over-year basis. Abercrombie & Fitch has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 10.200-11.000 EPS. Equities research analysts anticipate that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.
Insider Activity
In other news, CEO Fran Horowitz sold 29,769 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $100.00, for a total transaction of $2,976,900.00. Following the sale, the chief executive officer owned 308,503 shares in the company, valued at $30,850,300. This trade represents a 8.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 350,000 shares of company stock worth $34,661,358 in the last 90 days. 2.29% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ANF. Bbfit Investments PTE Ltd. acquired a new position in Abercrombie & Fitch in the fourth quarter valued at $205,539,000. Wellington Management Group LLP boosted its holdings in Abercrombie & Fitch by 5,749.6% in the third quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock valued at $102,148,000 after acquiring an additional 1,173,601 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Abercrombie & Fitch by 56.0% in the fourth quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock valued at $315,209,000 after acquiring an additional 898,884 shares during the last quarter. Norges Bank acquired a new position in Abercrombie & Fitch in the fourth quarter valued at $98,961,000. Finally, M&T Bank Corp acquired a new position in Abercrombie & Fitch in the fourth quarter valued at $86,383,000.
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.
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