Abercrombie & Fitch (NYSE:ANF) Upgraded at BMO Capital Markets

BMO Capital Markets upgraded shares of Abercrombie & Fitch (NYSE:ANFFree Report) to a strong-buy rating in a research note released on Tuesday morning,Zacks reports.

Several other equities research analysts have also commented on ANF. The Goldman Sachs Group set a $160.00 price target on shares of Abercrombie & Fitch in a research note on Thursday, August 27th. Morgan Stanley boosted their price objective on Abercrombie & Fitch from $87.00 to $134.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 27th. Zacks Research upgraded Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 28th. UBS Group increased their price objective on Abercrombie & Fitch from $153.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. Finally, Barclays raised their target price on Abercrombie & Fitch from $114.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, August 27th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $155.38.

Check Out Our Latest Report on Abercrombie & Fitch

Abercrombie & Fitch Stock Performance

Abercrombie & Fitch stock opened at $143.19 on Tuesday. Abercrombie & Fitch has a one year low of $65.45 and a one year high of $155.22. The company has a 50-day simple moving average of $112.15 and a 200-day simple moving average of $95.61. The firm has a market capitalization of $6.08 billion, a P/E ratio of 12.26, a P/E/G ratio of 1.33 and a beta of 0.97.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last issued its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, beating the consensus estimate of $1.99 by $2.18. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. Abercrombie & Fitch’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the firm posted $2.91 EPS. 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, sell-side analysts forecast that Abercrombie & Fitch will post 11.4 earnings per share for the current year.

Insider Activity at Abercrombie & Fitch

In other Abercrombie & Fitch news, COO Scott Lipesky sold 10,000 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the transaction, the chief operating officer owned 152,534 shares of the company’s stock, valued at approximately $17,541,410. This trade represents a 6.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kenneth Robinson sold 800 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $149.69, for a total transaction of $119,752.00. Following the sale, the director owned 7,169 shares in the company, valued at $1,073,127.61. This trade represents a 10.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 72,800 shares of company stock worth $9,595,392 in the last 90 days. Corporate insiders own 2.33% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in 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 valued at $2,254,000 after purchasing an additional 892 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Abercrombie & Fitch by 521.1% in the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock worth $76,000 after buying an additional 839 shares in the last quarter. United Services Automobile Association bought a new stake in shares of Abercrombie & Fitch in the 1st quarter worth $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Abercrombie & Fitch by 8.9% in the first 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 buying an additional 10,459 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Abercrombie & Fitch in the second quarter valued at $348,000.

Abercrombie & Fitch News Roundup

Here are the key news stories impacting Abercrombie & Fitch this week:

  • Positive Sentiment: Zacks Research maintained a “Strong Buy” rating and raised several long-term forecasts. Estimates were increased for Q3 2027, Q2–Q4 2028 and FY2028, with FY2028 EPS raised to $12.29 from $11.62. These revisions suggest analysts continue to expect strong future earnings growth. Abercrombie & Fitch analyst estimates
  • Neutral Sentiment: Analyst estimates were mixed. Zacks lowered forecasts for Q1 2028 and Q1 2029 EPS but raised estimates for multiple later periods. The overall analyst view remains favorable, while the consensus full-year EPS estimate is $11.40. Abercrombie & Fitch research estimates
  • Negative Sentiment: Broad weakness across apparel retailers is weighing on ANF. Reports cited declines in Abercrombie & Fitch and other specialty retailers, including American Eagle, Zumiez, Macy’s and Victoria’s Secret. American Eagle’s results were viewed as flattered by a $161 million tariff refund, raising concerns about the quality and sustainability of apparel-sector earnings. Apparel retailer stock declines
  • Negative Sentiment: The company’s COO sold 2,000 shares. Scott Lipesky sold stock worth approximately $293,640 at an average price of $146.82, reducing his position by 1.36%. The relatively small transaction is not necessarily a change in business outlook, but insider selling can add short-term investor caution. Abercrombie & Fitch COO stock sale

Abercrombie & Fitch Company Profile

(Get Free Report)

Abercrombie & Fitch Co is a global, omnichannel specialty retailer that sells casual apparel, accessories and personal-care products through company-operated stores and digital channels. The company serves customers through its Abercrombie, abercrombie kids, Hollister and Gilly Hicks brands, which target a range of consumers and lifestyles.

Abercrombie & Fitch offers products including jeans, tops, dresses, outerwear, intimates, sleepwear, swimwear, accessories and fragrances. Its brands operate through retail locations and e-commerce platforms, with sales across North America, Europe, Asia and other international markets.

Founded in 1892 as an outdoor-goods retailer in New York City, the company later developed into a youth-focused apparel retailer and has since broadened its brand portfolio and customer appeal.

Further Reading

Analyst Recommendations for Abercrombie & Fitch (NYSE:ANF)

Receive News & Ratings for Abercrombie & Fitch Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abercrombie & Fitch and related companies with MarketBeat.com's FREE daily email newsletter.