Abercrombie & Fitch (NYSE:ANF) COO Scott Lipesky Sells 2,000 Shares of Stock

Abercrombie & Fitch Company (NYSE:ANF) COO Scott Lipesky sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $146.82, for a total transaction of $293,640.00. Following the completion of the sale, the chief operating officer directly owned 145,534 shares of the company’s stock, valued at $21,367,301.88. The trade was a 1.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Abercrombie & Fitch Trading Up 0.7%

ANF opened at $152.47 on Thursday. The firm has a market cap of $6.47 billion, a price-to-earnings ratio of 13.05, a PEG ratio of 1.33 and a beta of 0.97. Abercrombie & Fitch Company has a 12 month low of $65.45 and a 12 month high of $155.22. The stock has a fifty day moving average price of $111.13 and a 200-day moving average price of $95.28.

Abercrombie & Fitch (NYSE:ANF) last posted its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $2.18. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter in the prior year, the company posted $2.91 earnings per share. Abercrombie & Fitch’s revenue for the quarter was up 4.8% compared to the same quarter last year. 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 forecast that Abercrombie & Fitch Company will post 11.4 EPS for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. BMO Capital Markets initiated coverage on shares of Abercrombie & Fitch in a research report on Tuesday. They set an “outperform” rating and a $170.00 target price on the stock. The Goldman Sachs Group set a $160.00 price target on shares of Abercrombie & Fitch in a report on Thursday, August 27th. Weiss Ratings upgraded shares of Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, August 14th. Morgan Stanley boosted their price objective on shares of Abercrombie & Fitch from $87.00 to $134.00 and gave the company an “equal weight” rating in a report on Thursday, August 27th. Finally, BTIG Research upped their target price on Abercrombie & Fitch from $120.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $155.38.

Hedge Funds Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently bought and sold shares of ANF. Transamerica Financial Advisors LLC lifted its stake in Abercrombie & Fitch by 322.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after acquiring an additional 190 shares during the period. Larson Financial Group LLC increased its stake in shares of Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after acquiring an additional 148 shares during the period. Timbuktu Capital Management LLC purchased a new position in shares of Abercrombie & Fitch during the second quarter worth $29,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Abercrombie & Fitch during the fourth quarter worth $44,000. Finally, Nomura Asset Management Co. Ltd. lifted its position in Abercrombie & Fitch by 94.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after purchasing an additional 170 shares during the period.

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.