SG Americas Securities LLC Buys 13,544 Shares of Abercrombie & Fitch Company $ANF

SG Americas Securities LLC raised its position in shares of Abercrombie & Fitch Company (NYSE:ANF) by 45.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 43,236 shares of the apparel retailer’s stock after purchasing an additional 13,544 shares during the quarter. SG Americas Securities LLC owned approximately 0.10% of Abercrombie & Fitch worth $3,950,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in ANF. Neo Ivy Capital Management bought a new stake in Abercrombie & Fitch in the third quarter worth approximately $1,881,000. Intech Investment Management LLC lifted its stake in Abercrombie & Fitch by 60.6% in the fourth quarter. Intech Investment Management LLC now owns 50,942 shares of the apparel retailer’s stock valued at $6,412,000 after buying an additional 19,215 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of Abercrombie & Fitch by 10.5% during the 3rd quarter. Fisher Asset Management LLC now owns 431,351 shares of the apparel retailer’s stock worth $36,902,000 after buying an additional 40,914 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of 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. Finally, Elo Mutual Pension Insurance Co acquired a new stake in shares of Abercrombie & Fitch during the 3rd quarter worth approximately $1,191,000.

Analysts Set New Price Targets

ANF has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Wall Street Zen cut shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. UBS Group decreased their price target on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research note on Thursday, May 28th. Finally, Barclays upped their price objective on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating 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 company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $112.64.

Abercrombie & Fitch Stock Down 2.4%

NYSE ANF opened at $89.28 on Tuesday. 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 moving average price of $82.36 and a 200-day moving average price of $94.73. The company has a market cap of $3.97 billion, a price-to-earnings ratio of 8.57 and a beta of 0.92.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results 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 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 analysts’ expectations of $1.12 billion. During the same period last year, the business earned $1.59 EPS. Abercrombie & Fitch’s quarterly 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. On average, equities research analysts anticipate that Abercrombie & Fitch Company will post 10.62 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.