27,003 Shares in Abercrombie & Fitch Company $ANF Purchased by Fluent Financial LLC

Fluent Financial LLC bought a new stake in Abercrombie & Fitch Company (NYSE:ANF) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 27,003 shares of the apparel retailer’s stock, valued at approximately $2,237,000. Abercrombie & Fitch makes up about 0.9% of Fluent Financial LLC’s investment portfolio, making the stock its 29th largest position.

Several other institutional investors and hedge funds have also modified their holdings of ANF. Ameritas Advisory Services LLC acquired a new stake in Abercrombie & Fitch during the second quarter worth approximately $38,000. UMB Bank n.a. lifted its stake in shares of Abercrombie & Fitch by 161.4% during the 1st quarter. UMB Bank n.a. now owns 583 shares of the apparel retailer’s stock worth $45,000 after purchasing an additional 360 shares during the period. IFP Advisors Inc boosted its holdings in shares of Abercrombie & Fitch by 166.7% during the first quarter. IFP Advisors Inc now owns 848 shares of the apparel retailer’s stock worth $65,000 after purchasing an additional 530 shares during the last quarter. Bayforest Capital Ltd grew its position in shares of Abercrombie & Fitch by 102.9% in the first quarter. Bayforest Capital Ltd now owns 848 shares of the apparel retailer’s stock valued at $65,000 after purchasing an additional 430 shares during the period. Finally, Parallel Advisors LLC increased its stake in Abercrombie & Fitch by 178.6% in the second quarter. Parallel Advisors LLC now owns 822 shares of the apparel retailer’s stock valued at $68,000 after purchasing an additional 527 shares during the last quarter.

Abercrombie & Fitch Trading Up 1.0%

NYSE:ANF opened at $76.19 on Thursday. The firm’s fifty day simple moving average is $92.30 and its 200 day simple moving average is $83.97. Abercrombie & Fitch Company has a twelve month low of $65.40 and a twelve month high of $167.71. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 7.21 and a beta of 1.45.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, August 27th. The apparel retailer reported $2.32 EPS for the quarter, beating the consensus estimate of $2.27 by $0.05. Abercrombie & Fitch had a return on equity of 40.02% and a net margin of 10.61%.The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the company posted $2.50 earnings per share. The firm’s revenue was up 6.6% compared to the same quarter last year. Abercrombie & Fitch has set its FY 2025 guidance at 10.000-10.500 EPS. Q3 2025 guidance at 2.050-2.250 EPS. On average, analysts predict that Abercrombie & Fitch Company will post 10.62 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ANF. Raymond James Financial set a $105.00 price target on Abercrombie & Fitch and gave the stock an “outperform” rating in a research note on Thursday, August 28th. Morgan Stanley set a $93.00 target price on shares of Abercrombie & Fitch in a report on Thursday, August 28th. Citigroup reaffirmed a “neutral” rating and set a $105.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, August 20th. BTIG Research started coverage on shares of Abercrombie & Fitch in a report on Thursday, September 18th. They issued a “buy” rating and a $120.00 price target on the stock. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Abercrombie & Fitch in a report on Wednesday. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $111.11.

Insiders Place Their Bets

In other news, Director Kenneth B. Robinson sold 1,392 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $94.60, for a total transaction of $131,683.20. Following the transaction, the director directly owned 5,880 shares of the company’s stock, valued at approximately $556,248. The trade was a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director James A. Goldman sold 5,072 shares of the firm’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $96.18, for a total transaction of $487,824.96. Following the sale, the director directly owned 7,565 shares of the company’s stock, valued at approximately $727,601.70. The trade was a 40.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 7,964 shares of company stock worth $759,233 in the last 90 days. 2.29% of the stock is owned by company insiders.

About Abercrombie & Fitch

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.