Abercrombie & Fitch (NYSE:ANF) Stock Breaks Above 200 Day Moving Average – Time to Sell?

Shares of Abercrombie & Fitch Company (NYSE:ANF – Get Free Report) passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $103.91 and traded as high as $150.87. Abercrombie & Fitch shares last traded at $149.5550, with a volume of 1,356,738 shares.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Raymond James Financial reiterated a “market perform” rating on shares of Abercrombie & Fitch in a research report on Tuesday, August 18th. Telsey Advisory Group raised their price objective on Abercrombie & Fitch from $118.00 to $165.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. Citigroup downgraded Abercrombie & Fitch from a “buy” rating to a “neutral” rating and boosted their target price for the company from $135.00 to $156.00 in a research report on Thursday, August 27th. UBS Group boosted their target price on Abercrombie & Fitch from $153.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, August 27th. Finally, Zacks Research upgraded Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 28th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $155.38.

Get Our Latest Stock Analysis on ANF

Abercrombie & Fitch Stock Up 0.9%

The business has a 50 day moving average price of $133.47 and a 200 day moving average price of $104.36. The stock has a market cap of $6.51 billion, a P/E ratio of 13.13, a PEG ratio of 1.31 and a beta of 1.02.

Abercrombie & Fitch (NYSE:ANF – Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $2.18. The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%. Abercrombie & Fitch’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the company earned $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. On average, research analysts expect that Abercrombie & Fitch Company will post 11.42 earnings per share for the current fiscal year.

Insider Activity at Abercrombie & Fitch

In related news, EVP Gregory Henchel sold 30,000 shares of Abercrombie & Fitch stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $146.65, for a total transaction of $4,399,500.00. Following the completion of the sale, the executive vice president owned 33,681 shares in the company, valued at $4,939,318.65. This trade represents a 47.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Jay Rust sold 5,000 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $147.50, for a total transaction of $737,500.00. Following the completion of the sale, the executive vice president directly owned 15,651 shares of the company’s stock, valued at approximately $2,308,522.50. This trade represents a 24.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 72,800 shares of company stock worth $9,595,392. 2.33% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ANF. Bbfit Investments PTE Ltd. bought a new stake in Abercrombie & Fitch during the 4th quarter valued at $205,539,000. Arrowstreet Capital Limited Partnership grew its position in shares of Abercrombie & Fitch by 41.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,310,296 shares of the apparel retailer’s stock worth $119,722,000 after buying an additional 384,845 shares in the last quarter. Baird Financial Group Inc. purchased a new position in shares of Abercrombie & Fitch during the second quarter valued at $20,035,000. Dimensional Fund Advisors LP increased its stake in shares of Abercrombie & Fitch by 15.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock valued at $145,823,000 after buying an additional 208,709 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of Abercrombie & Fitch by 570.6% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 104,936 shares of the apparel retailer’s stock valued at $9,588,000 after acquiring an additional 89,287 shares in the last quarter.

Abercrombie & Fitch Company Profile

(Get Free Report)

Abercrombie & Fitch Co is a global specialty retailer of apparel, accessories and personal-care products. The company operates a portfolio of lifestyle brands, including Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, serving customers across a range of age groups and fashion preferences.

Its product offerings include casual clothing, denim, dresses, intimates, sleepwear, activewear, swimwear, footwear, accessories and fragrances. The company sells its merchandise through branded retail stores, e-commerce websites and other digital channels, with operations serving customers in North America, Europe, Asia and other international markets.

Founded in 1892 as a sporting-goods store in New York City, Abercrombie & Fitch evolved into a lifestyle apparel retailer and has expanded its brand portfolio over time.

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