Abercrombie & Fitch Company $ANF Shares Sold by Kestra Investment Management LLC

Kestra Investment Management LLC trimmed its stake in Abercrombie & Fitch Company (NYSE:ANF) by 22.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,778 shares of the apparel retailer’s stock after selling 4,272 shares during the quarter. Kestra Investment Management LLC’s holdings in Abercrombie & Fitch were worth $1,991,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of ANF. Timbuktu Capital Management LLC bought a new stake in shares of Abercrombie & Fitch in the 2nd quarter worth approximately $29,000. CoreCap Advisors LLC increased its position in Abercrombie & Fitch by 304.2% in 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 last quarter. Versant Capital Management Inc raised its stake in shares of 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 buying an additional 140 shares during the period. Parallel Advisors LLC raised its stake in shares of 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 buying an additional 251 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in Abercrombie & Fitch in the 3rd quarter worth about $72,000.

Insider Buying and Selling

In other news, EVP Gregory J. Henchel sold 30,000 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $146.65, for a total value of $4,399,500.00. Following the sale, the executive vice president directly owned 33,681 shares of the company’s stock, valued at approximately $4,939,318.65. This represents a 47.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Scott D. Lipesky sold 5,000 shares of the stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $149.00, for a total transaction of $745,000.00. Following the completion of the sale, the chief operating officer directly owned 147,534 shares in the company, valued at approximately $21,982,566. The trade was a 3.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 42,800 shares of company stock worth $6,295,392 over the last quarter. 2.33% of the stock is owned by corporate insiders.

Abercrombie & Fitch Price Performance

Abercrombie & Fitch stock opened at $154.24 on Wednesday. The firm has a market capitalization of $6.54 billion, a P/E ratio of 13.21, a PEG ratio of 1.34 and a beta of 1.01. Abercrombie & Fitch Company has a one year low of $65.45 and a one year high of $172.00. The business has a fifty day moving average price of $147.85 and a 200-day moving average price of $106.90.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $2.18. The company had revenue of $1.27 billion for 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%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company 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. Sell-side analysts expect that Abercrombie & Fitch Company will post 11.42 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Zacks Research upgraded Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 28th. Raymond James Financial downgraded shares of Abercrombie & Fitch from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 18th. Wolfe Research assumed coverage on shares of Abercrombie & Fitch in a research report on Wednesday, October 21st. They set an “outperform” rating and a $181.00 target price for the company. UBS Group lifted their target price on shares of Abercrombie & Fitch from $153.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. Finally, Needham & Company LLC boosted their price target on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, August 26th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $158.64.

About Abercrombie & Fitch

Abercrombie & Fitch Co. is a global specialty retailer of apparel and accessories. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products for women, men and children that include clothing, footwear, accessories and personal-care items. The company sells through retail stores and digital channels, serving customers in North America and international markets. It traces its origins to 1892, when David T. Abercrombie founded an outfitting business in New York; Ezra Fitch joined the company in 1900.