Geode Capital Management LLC Sells 10,667 Shares of Abercrombie & Fitch Company $ANF

Geode Capital Management LLC lessened its position in shares of Abercrombie & Fitch Company (NYSE:ANF) by 0.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,140,368 shares of the apparel retailer’s stock after selling 10,667 shares during the period. Geode Capital Management LLC’s holdings in Abercrombie & Fitch were worth $143,562,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ANF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Abercrombie & Fitch by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock worth $2,254,000 after acquiring an additional 892 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Abercrombie & Fitch by 521.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock worth $76,000 after acquiring an additional 839 shares during the period. United Services Automobile Association bought a new position in Abercrombie & Fitch in the 1st quarter valued at approximately $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake 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 during the last quarter. Finally, Sivia Capital Partners LLC bought a new position in Abercrombie & Fitch in the 2nd quarter valued at approximately $348,000.

Analyst Ratings Changes

ANF has been the topic of a number of research reports. BTIG Research reaffirmed a “buy” rating and set a $120.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Wall Street Zen downgraded shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday. Barclays upped their price target on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $108.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $112.64.

Abercrombie & Fitch Stock Performance

Shares of NYSE ANF opened at $77.61 on Friday. Abercrombie & Fitch Company has a 52-week low of $65.45 and a 52-week high of $133.11. The firm has a 50 day moving average price of $84.74 and a two-hundred day moving average price of $94.77. The stock has a market cap of $3.47 billion, a P/E ratio of 7.45 and a beta of 0.92.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the prior year, the company posted $1.59 EPS. The company’s revenue was up 1.5% on a year-over-year basis. 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. Analysts predict that Abercrombie & Fitch Company will post 10.61 earnings per share for the current fiscal year.

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.