Legal & General Group Plc decreased its position in Abercrombie & Fitch Company (NYSE:ANF – Free Report) by 22.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 81,134 shares of the apparel retailer’s stock after selling 24,140 shares during the period. Legal & General Group Plc owned approximately 0.18% of Abercrombie & Fitch worth $10,212,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP lifted its position in Abercrombie & Fitch by 5,749.6% in 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 acquiring an additional 1,173,601 shares in the last quarter. M&T Bank Corp bought a new stake in Abercrombie & Fitch in the 4th quarter valued at $86,383,000. Boston Partners lifted its position in Abercrombie & Fitch by 102.5% in the 3rd 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 in the last quarter. Bank of America Corp DE lifted its position in Abercrombie & Fitch by 220.2% in the 2nd quarter. Bank of America Corp DE now owns 606,254 shares of the apparel retailer’s stock valued at $50,228,000 after acquiring an additional 416,924 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in Abercrombie & Fitch by 41.2% during the 3rd quarter. American Century Companies Inc. now owns 1,176,990 shares of the apparel retailer’s stock worth $100,691,000 after buying an additional 343,288 shares in the last quarter.
Analysts Set New Price Targets
Several equities research analysts have commented on ANF shares. Needham & Company LLC reissued a “buy” rating and set a $108.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. UBS Group dropped their target price on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday, May 28th. BTIG Research reaffirmed a “buy” rating and issued a $120.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Telsey Advisory Group dropped their target price on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, May 28th. Finally, Raymond James Financial set a $92.00 target price on shares of Abercrombie & Fitch in a report on Thursday, May 21st. Eight research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $112.64.
Abercrombie & Fitch Trading Up 0.1%
NYSE ANF opened at $76.47 on Thursday. The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of 7.34 and a beta of 0.92. The firm’s 50 day simple moving average is $84.97 and its 200 day simple moving average is $94.72. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $133.11.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, beating the consensus estimate of $1.26 by $0.21. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.59 EPS. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. On average, equities research analysts forecast that Abercrombie & Fitch Company will post 10.61 earnings per share for the current year.
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.
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