BI Asset Management Fondsmaeglerselskab A S Has $9.59 Million Stock Holdings in Abercrombie & Fitch Company $ANF

BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 570.6% in the first quarter, HoldingsChannel reports. The firm owned 104,936 shares of the apparel retailer’s stock after purchasing an additional 89,287 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Abercrombie & Fitch were worth $9,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC increased its holdings in shares of Abercrombie & Fitch by 181.6% in the second 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. Transamerica Financial Advisors LLC boosted its holdings in shares of 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 acquiring an additional 190 shares during the period. Larson Financial Group LLC grew 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 purchasing an additional 148 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its position in shares of Abercrombie & Fitch by 94.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after purchasing an additional 170 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Abercrombie & Fitch during the fourth quarter worth approximately $44,000.

Abercrombie & Fitch Stock Up 0.0%

ANF stock opened at $87.28 on Monday. Abercrombie & Fitch Company has a 52 week low of $65.45 and a 52 week high of $133.11. The business has a 50-day simple moving average of $83.18 and a 200 day simple moving average of $95.13. The company has a market cap of $3.88 billion, a PE ratio of 8.38 and a beta of 0.92.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the prior year, the company posted $1.59 earnings per share. The business’s revenue for the quarter 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, analysts anticipate that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ANF. BTIG Research reissued a “buy” rating and set a $120.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. Telsey Advisory Group decreased their price objective on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, May 28th. JPMorgan Chase & Co. increased their price objective on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Finally, Wall Street Zen downgraded Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.