Y Intercept Hong Kong Ltd Takes Position in Abercrombie & Fitch Company $ANF

Y Intercept Hong Kong Ltd acquired a new position in shares of Abercrombie & Fitch Company (NYSE:ANF) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 40,640 shares of the apparel retailer’s stock, valued at approximately $3,713,000. Y Intercept Hong Kong Ltd owned about 0.09% of Abercrombie & Fitch at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Parallel Advisors LLC boosted its position in shares of Abercrombie & Fitch by 17.6% during the 3rd quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock worth $83,000 after acquiring an additional 145 shares in the last quarter. Larson Financial Group LLC lifted its position in Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after acquiring an additional 148 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Abercrombie & Fitch by 19.4% in the fourth quarter. Public Employees Retirement System of Ohio now owns 928 shares of the apparel retailer’s stock valued at $117,000 after acquiring an additional 151 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in Abercrombie & Fitch by 3.9% in the fourth quarter. Kestra Advisory Services LLC now owns 4,055 shares of the apparel retailer’s stock valued at $510,000 after acquiring an additional 151 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its holdings in shares of Abercrombie & Fitch by 94.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock worth $44,000 after purchasing an additional 170 shares during the last quarter.

Abercrombie & Fitch Stock Down 1.2%

Shares of ANF traded down $1.08 on Tuesday, hitting $88.69. 272,328 shares of the stock traded hands, compared to its average volume of 1,454,385. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $133.11. The stock’s 50 day moving average is $82.13 and its two-hundred day moving average is $93.98. The firm has a market capitalization of $3.94 billion, a P/E ratio of 8.53 and a beta of 0.89.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ANF. UBS Group decreased their target price on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, May 28th. Weiss Ratings restated a “hold (c)” rating on shares of Abercrombie & Fitch in a research report on Tuesday, June 2nd. BTIG Research reiterated a “buy” rating and issued a $120.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. JPMorgan Chase & Co. boosted their price objective on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Finally, 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 research note on Thursday, May 28th. Eight investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $111.91.

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.