OP Asset Management Ltd Invests $1.15 Million in Abercrombie & Fitch Company $ANF

OP Asset Management Ltd purchased a new stake in Abercrombie & Fitch Company (NYSE:ANF) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 12,604 shares of the apparel retailer’s stock, valued at approximately $1,152,000.

A number of other institutional investors have also modified their holdings of ANF. Neo Ivy Capital Management bought a new position in Abercrombie & Fitch in the third quarter worth about $1,881,000. Intech Investment Management LLC grew 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 worth $6,412,000 after acquiring an additional 19,215 shares during the last quarter. Fisher Asset Management LLC grew its position in Abercrombie & Fitch by 10.5% in the 3rd quarter. Fisher Asset Management LLC now owns 431,351 shares of the apparel retailer’s stock worth $36,902,000 after purchasing an additional 40,914 shares during the last quarter. American Century Companies Inc. grew 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 worth $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 during the third quarter valued at approximately $1,191,000.

Abercrombie & Fitch Price Performance

Abercrombie & Fitch stock opened at $89.28 on Tuesday. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 8.57 and a beta of 0.92. The company’s fifty day moving average price is $82.36 and its two-hundred day moving average price is $94.73. Abercrombie & Fitch Company has a one year low of $65.45 and a one year 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 (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period last year, the business posted $1.59 earnings per share. The firm’s revenue was up 1.5% compared to the same quarter last year. 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 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Raymond James Financial set a $92.00 price objective on shares of Abercrombie & Fitch in a research report on Thursday, May 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. UBS Group cut their price target 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. Jefferies Financial Group cut their target price on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. Finally, Telsey Advisory Group reduced their target price on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a report on Thursday, May 28th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $112.64.

Abercrombie & Fitch Company 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.