Abercrombie & Fitch Company $ANF Shares Bought by Sterling Capital Management LLC

Sterling Capital Management LLC raised its stake in Abercrombie & Fitch Company (NYSE:ANF) by 263.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,102 shares of the apparel retailer’s stock after purchasing an additional 19,635 shares during the period. Sterling Capital Management LLC owned about 0.06% of Abercrombie & Fitch worth $3,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Timbuktu Capital Management LLC acquired a new position in shares of Abercrombie & Fitch during the second quarter worth about $29,000. CoreCap Advisors LLC increased its stake in shares of Abercrombie & Fitch by 304.2% during the third quarter. CoreCap Advisors LLC now owns 384 shares of the apparel retailer’s stock worth $52,000 after buying an additional 289 shares during the period. Versant Capital Management Inc raised its holdings in Abercrombie & Fitch by 29.8% in the second quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock valued at $55,000 after acquiring an additional 140 shares in the last quarter. Parallel Advisors LLC raised its holdings in Abercrombie & Fitch by 46.7% in the first quarter. Parallel Advisors LLC now owns 788 shares of the apparel retailer’s stock valued at $72,000 after acquiring an additional 251 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new stake in Abercrombie & Fitch in the third quarter valued at approximately $72,000.

Insider Activity at Abercrombie & Fitch

In other Abercrombie & Fitch news, Director Kenneth Robinson sold 800 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were 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 of the company’s stock, valued at approximately $1,073,127.61. This trade represents a 10.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Gregory Henchel sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $146.65, for a total transaction of $4,399,500.00. Following the sale, the executive vice president owned 33,681 shares of the company’s stock, valued at $4,939,318.65. This represents a 47.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 72,800 shares of company stock valued at $9,595,392. Company insiders own 2.33% of the company’s stock.

Analysts Set New Price Targets

ANF has been the subject of a number of recent research reports. Citigroup downgraded shares of Abercrombie & Fitch from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $135.00 to $156.00 in a research note on Thursday, August 27th. Telsey Advisory Group increased their price objective on shares of Abercrombie & Fitch from $118.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. Zacks Research upgraded shares of Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a report on Friday, August 28th. Raymond James Financial restated a “market perform” rating on shares of Abercrombie & Fitch in a report on Tuesday, August 18th. Finally, BTIG Research reaffirmed a “buy” rating and set a $175.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, October 7th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Abercrombie & Fitch presently has a consensus rating of “Moderate Buy” and an average target price of $157.21.

Abercrombie & Fitch Stock Performance

NYSE:ANF opened at $155.52 on Friday. The stock has a 50-day simple moving average of $138.97 and a 200-day simple moving average of $107.10. The stock has a market cap of $6.60 billion, a P/E ratio of 13.31, a P/E/G ratio of 1.36 and a beta of 1.02. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $163.82.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $2.18. The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business 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. On average, equities research analysts predict that Abercrombie & Fitch Company will post 11.42 EPS for the current year.

About Abercrombie & Fitch

Abercrombie & Fitch Co is a global specialty retailer that sells apparel, accessories and personal-care products through stores and digital channels. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products designed for consumers across a range of life stages and lifestyles.

The company’s offerings include casual clothing, denim, dresses, tops, outerwear, intimates, activewear, swimwear, footwear, accessories and fragrances. Abercrombie & Fitch serves customers through company-operated and franchise stores, as well as branded websites and other digital platforms, in the United States and selected international markets.

Founded in 1892 as an outdoor and sporting-goods retailer, the company later developed into a fashion retailer focused on casual apparel.