Pacer Advisors Inc. Sells 47,409 Shares of Abercrombie & Fitch Company $ANF

Pacer Advisors Inc. lowered its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 24.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 144,103 shares of the apparel retailer’s stock after selling 47,409 shares during the period. Pacer Advisors Inc. owned approximately 0.31% of Abercrombie & Fitch worth $18,138,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in ANF. Neo Ivy Capital Management bought a new stake in shares of Abercrombie & Fitch in the 3rd quarter worth approximately $1,881,000. Intech Investment Management LLC increased its position in shares of Abercrombie & Fitch by 60.6% during the fourth quarter. Intech Investment Management LLC now owns 50,942 shares of the apparel retailer’s stock valued at $6,412,000 after purchasing an additional 19,215 shares during the period. Fisher Asset Management LLC increased its position in shares of Abercrombie & Fitch by 10.5% during the third quarter. Fisher Asset Management LLC now owns 431,351 shares of the apparel retailer’s stock valued at $36,902,000 after purchasing an additional 40,914 shares during the period. American Century Companies Inc. raised its stake in shares of Abercrombie & Fitch by 41.2% in the third quarter. American Century Companies Inc. now owns 1,176,990 shares of the apparel retailer’s stock valued at $100,691,000 after purchasing an additional 343,288 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co acquired a new position in shares of Abercrombie & Fitch in the third quarter valued at $1,191,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Wall Street Zen downgraded shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $108.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Barclays lifted their target price on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a research report on Thursday, May 28th. Telsey Advisory Group lowered their target price on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a research note on Thursday, May 28th. Finally, BTIG Research reissued a “buy” rating and issued a $120.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $112.64.

Abercrombie & Fitch Stock Up 0.0%

Abercrombie & Fitch stock opened at $87.28 on Friday. The stock has a 50-day simple moving average of $83.18 and a 200 day simple moving average of $95.18. The stock has a market capitalization of $3.88 billion, a price-to-earnings ratio of 8.38 and a beta of 0.92. Abercrombie & Fitch Company has a 12-month low of $65.45 and a 12-month high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. Abercrombie & Fitch’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.59 earnings per share. 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. As a group, sell-side analysts anticipate that Abercrombie & Fitch Company will post 10.62 EPS for the current year.

Abercrombie & Fitch Profile

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.