Louisiana State Employees Retirement System Makes New Investment in Abercrombie & Fitch Company $ANF

Louisiana State Employees Retirement System acquired a new stake in shares of Abercrombie & Fitch Company (NYSE:ANF) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,300 shares of the apparel retailer’s stock, valued at approximately $1,215,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in ANF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Abercrombie & Fitch by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock valued at $2,254,000 after acquiring an additional 892 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Abercrombie & Fitch by 521.1% in the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock worth $76,000 after purchasing an additional 839 shares during the period. United Services Automobile Association purchased a new position in Abercrombie & Fitch during the 1st quarter worth approximately $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Abercrombie & Fitch by 8.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock worth $9,729,000 after purchasing an additional 10,459 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in Abercrombie & Fitch during the 2nd quarter valued at $348,000.

Abercrombie & Fitch Stock Down 0.0%

ANF stock opened at $92.41 on Friday. Abercrombie & Fitch Company has a 12-month low of $65.45 and a 12-month high of $133.11. The company has a market cap of $4.11 billion, a price-to-earnings ratio of 8.87 and a beta of 0.89. The company has a 50 day moving average of $82.12 and a two-hundred day moving average of $94.34.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, beating the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The business had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the previous year, the company posted $1.59 EPS. Abercrombie & Fitch’s revenue was up 1.5% on a year-over-year basis. 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, research analysts anticipate that Abercrombie & Fitch Company will post 10.61 EPS for the current year.

Wall Street Analysts Forecast Growth

ANF has been the subject of a number of research analyst reports. Needham & Company LLC restated a “buy” rating and issued a $108.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. Barclays increased their price objective on Abercrombie & Fitch from $76.00 to $78.00 and gave the stock an “underweight” rating in a research note on Thursday, May 28th. UBS Group decreased their price objective on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, May 28th. Finally, JPMorgan Chase & Co. lifted their target price on Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $112.64.

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.