Bbfit Investments PTE Ltd. Takes $205.54 Million Position in Abercrombie & Fitch Company $ANF

Bbfit Investments PTE Ltd. purchased a new stake in Abercrombie & Fitch Company (NYSE:ANF) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,632,944 shares of the apparel retailer’s stock, valued at approximately $205,539,000. Abercrombie & Fitch makes up about 20.5% of Bbfit Investments PTE Ltd.’s investment portfolio, making the stock its 2nd biggest holding.

A number of other large investors have also made changes to their positions in ANF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Abercrombie & Fitch by 3.1% in 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 increased its holdings 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 valued at $76,000 after purchasing an additional 839 shares in the last quarter. United Services Automobile Association purchased a new position in shares of Abercrombie & Fitch in the 1st quarter valued at about $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of 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 in the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in shares of Abercrombie & Fitch in the 2nd quarter valued at about $348,000.

Abercrombie & Fitch Stock Performance

NYSE ANF opened at $84.78 on Thursday. Abercrombie & Fitch Company has a one year low of $65.45 and a one year high of $133.11. The company’s 50 day moving average price is $83.69 and its 200 day moving average price is $95.31. The firm has a market capitalization of $3.77 billion, a price-to-earnings ratio of 8.14 and a beta of 0.92.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 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 for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the firm posted $1.59 earnings per share. Abercrombie & Fitch’s revenue for the quarter was up 1.5% compared to the same quarter last year. 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. Sell-side analysts forecast that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ANF has been the subject of a number of research analyst reports. Barclays increased their price target on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a report on Thursday, May 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. Needham & Company LLC reissued a “buy” rating and issued a $108.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Raymond James Financial set a $92.00 price objective on shares of Abercrombie & Fitch in a research note on Thursday, May 21st. Finally, Telsey Advisory Group lowered their price objective on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a research note on Thursday, May 28th. Eight equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $112.64.

Abercrombie & Fitch Company Profile

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.