Abercrombie & Fitch (NYSE:ANF) COO Scott Lipesky Sells 5,000 Shares

Abercrombie & Fitch Company (NYSE:ANF) COO Scott Lipesky sold 5,000 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $149.00, for a total value of $745,000.00. Following the transaction, the chief operating officer owned 147,534 shares in the company, valued at $21,982,566. This trade represents a 3.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Abercrombie & Fitch Price Performance

NYSE:ANF opened at $140.54 on Wednesday. The company has a market capitalization of $6.24 billion, a price-to-earnings ratio of 12.03, a PEG ratio of 1.26 and a beta of 0.97. The business has a 50 day moving average of $104.28 and a 200 day moving average of $93.04. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $154.58.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly 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. The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the business earned $2.91 earnings per share. 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. As a group, sell-side analysts anticipate that Abercrombie & Fitch Company will post 11.4 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on ANF shares. Jefferies Financial Group set a $175.00 price objective on Abercrombie & Fitch in a report on Wednesday, August 26th. The Goldman Sachs Group set a $160.00 target price on Abercrombie & Fitch in a report on Thursday, August 27th. Weiss Ratings upgraded Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Barclays raised their target price on shares of Abercrombie & Fitch from $114.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, August 27th. Finally, Zacks Research upgraded Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a report on Friday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $154.17.

Hedge Funds Weigh In On Abercrombie & Fitch

A number of hedge funds have recently bought and sold shares of the company. Versant Capital Management Inc increased its stake in Abercrombie & Fitch by 29.8% during the 2nd quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock valued at $55,000 after purchasing an additional 140 shares in the last quarter. Parallel Advisors LLC lifted its position in Abercrombie & Fitch by 17.6% in the 3rd quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer’s stock valued at $83,000 after acquiring an additional 145 shares in the last quarter. Larson Financial Group LLC lifted its position in Abercrombie & Fitch by 120.3% in the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after acquiring an additional 148 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in Abercrombie & Fitch by 19.4% during the 4th quarter. Public Employees Retirement System of Ohio now owns 928 shares of the apparel retailer’s stock valued at $117,000 after purchasing an additional 151 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in Abercrombie & Fitch by 3.9% during the 4th quarter. Kestra Advisory Services LLC now owns 4,055 shares of the apparel retailer’s stock valued at $510,000 after purchasing an additional 151 shares during the last quarter.

More Abercrombie & Fitch News

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: Strong earnings and brand performance: Abercrombie reported quarterly earnings of $4.17 per share, well above the $1.99 consensus, while revenue reached $1.27 billion. The Abercrombie brand grew 8% year over year, and Hollister continued attracting customers, including through its presence in more than 1,500 Target stores. Management also raised its outlook and authorized a new share-repurchase program. Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
• Positive Sentiment: Argus upgrade: Argus raised Abercrombie & Fitch from Hold to Buy and set a $162 price target, arguing that both Hollister and the namesake brand now provide sustainable growth drivers. Abercrombie & Fitch gains after Argus says hot streak can continue
• Positive Sentiment: Improving estimates: Upward earnings revisions and generally optimistic Wall Street recommendations are supporting the view that ANF’s recent rally may continue. Surging Earnings Estimates Signal Upside for Abercrombie Stock
• Neutral Sentiment: International exposure: Investors are assessing how international revenue trends, currency movements and overseas demand could affect future forecasts and growth. Understanding Abercrombie Reliance on International Revenue
• Negative Sentiment: Valuation and earnings-quality concerns: Citi downgraded ANF to Neutral, noting that a roughly $100 million tariff refund materially benefited the latest quarter but is not recurring. After the stock’s sharp rally, its earnings multiple has risen above 12 from about 7 a year ago, leaving less room for execution mistakes. Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
• Negative Sentiment: Insider selling: Three executives and a director sold a combined 40,800 shares for approximately $6.0 million on August 28. The largest transaction was EVP Gregory Henchel’s 30,000-share sale, reducing his ownership by 47.11%; the sales may add caution after the strong advance.

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.