Abercrombie & Fitch (NYSE:ANF) Stock Rating Lowered by Wall Street Zen

Abercrombie & Fitch (NYSE:ANF) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Sunday.

A number of other equities research analysts have also commented on the stock. Zacks Research upgraded shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. The Goldman Sachs Group initiated coverage on Abercrombie & Fitch in a research note on Thursday, December 11th. They issued a “buy” rating and a $120.00 target price on the stock. Morgan Stanley boosted their price objective on shares of Abercrombie & Fitch from $78.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 26th. Barclays lowered their price target on shares of Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Thursday. Finally, JPMorgan Chase & Co. increased their price objective on shares of Abercrombie & Fitch from $102.00 to $114.00 and gave the stock a “neutral” rating in a research note on Thursday, March 5th. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $118.80.

Abercrombie & Fitch Price Performance

Abercrombie & Fitch stock opened at $86.32 on Friday. Abercrombie & Fitch has a fifty-two week low of $65.40 and a fifty-two week high of $133.11. The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of 8.19 and a beta of 1.17. The company’s 50 day simple moving average is $102.22 and its 200 day simple moving average is $93.23.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.56 by $0.12. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.67 billion. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. As a group, analysts predict that Abercrombie & Fitch will post 10.62 EPS for the current fiscal year.

Insiders Place Their Bets

In other Abercrombie & Fitch news, CEO Fran Horowitz sold 103,200 shares of the company’s stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $98.53, for a total transaction of $10,168,296.00. Following the sale, the chief executive officer directly owned 605,303 shares of the company’s stock, valued at approximately $59,640,504.59. This represents a 14.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold 350,000 shares of company stock worth $34,661,358 in the last 90 days. 2.29% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Transamerica Financial Advisors LLC grew its holdings in Abercrombie & Fitch by 322.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock worth $31,000 after purchasing an additional 190 shares during the period. Larson Financial Group LLC lifted its position 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 valued at $34,000 after buying an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Abercrombie & Fitch during the 4th quarter worth approximately $44,000. Nomura Asset Management Co. Ltd. raised its stake in Abercrombie & Fitch by 94.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after acquiring an additional 170 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in Abercrombie & Fitch by 181.6% during the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after purchasing an additional 227 shares during the last quarter.

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.