Junto Capital Management LP Sells 434,977 Shares of Abercrombie & Fitch Company $ANF

Junto Capital Management LP reduced its holdings in Abercrombie & Fitch Company (NYSE:ANF) by 63.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 253,585 shares of the apparel retailer’s stock after selling 434,977 shares during the quarter. Junto Capital Management LP owned about 0.54% of Abercrombie & Fitch worth $21,694,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Wellington Management Group LLP boosted its stake in Abercrombie & Fitch by 5,749.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock valued at $102,148,000 after purchasing an additional 1,173,601 shares during the period. Valeo Financial Advisors LLC increased its position in Abercrombie & Fitch by 10,469.4% in the 2nd quarter. Valeo Financial Advisors LLC now owns 993,101 shares of the apparel retailer’s stock worth $82,278,000 after buying an additional 983,705 shares during the period. Brandywine Global Investment Management LLC acquired a new position in shares of Abercrombie & Fitch during the second quarter worth approximately $61,643,000. Norges Bank acquired a new position in shares of Abercrombie & Fitch during the second quarter worth approximately $61,584,000. Finally, Boston Partners boosted its position in shares of Abercrombie & Fitch by 102.5% in the third quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock valued at $92,940,000 after acquiring an additional 553,889 shares during the period.

Abercrombie & Fitch Trading Down 2.6%

Shares of ANF stock opened at $81.90 on Monday. The firm has a market capitalization of $3.76 billion, a price-to-earnings ratio of 7.77 and a beta of 1.17. The firm’s 50 day moving average is $98.97 and its 200-day moving average is $92.88. Abercrombie & Fitch Company has a 1 year low of $65.40 and a 1 year high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share for the quarter, topping the consensus estimate of $3.56 by $0.12. The firm had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. Abercrombie & Fitch’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.57 EPS. Abercrombie & Fitch has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 10.200-11.000 EPS. On average, equities research analysts forecast that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Fran Horowitz sold 103,200 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $98.53, for a total value of $10,168,296.00. Following the transaction, the chief executive officer owned 605,303 shares in the company, valued at $59,640,504.59. This trade represents a 14.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 350,000 shares of company stock worth $34,661,358 over the last quarter. Corporate insiders own 2.29% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group lowered their price objective on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. Morgan Stanley increased their price target on shares of Abercrombie & Fitch from $78.00 to $95.00 and gave the company an “equal weight” rating in a report on Wednesday, November 26th. The Goldman Sachs Group began coverage on shares of Abercrombie & Fitch in a research report on Thursday, December 11th. They issued a “buy” rating and a $120.00 price target on the stock. Telsey Advisory Group restated an “outperform” rating and set a $125.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, March 4th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Abercrombie & Fitch from $102.00 to $114.00 and gave the company a “neutral” rating in a research report on Thursday, March 5th. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Abercrombie & Fitch has an average rating of “Moderate Buy” and an average target price of $118.80.

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.