Aristides Capital LLC acquired a new stake in shares of Abercrombie & Fitch Company (NYSE:ANF – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,000 shares of the apparel retailer’s stock, valued at approximately $1,005,000.
Several other institutional investors and hedge funds have also modified their holdings of ANF. NewEdge Advisors LLC boosted its stake 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 worth $29,000 after buying an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC raised its position in Abercrombie & Fitch by 322.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after acquiring an additional 190 shares in the last quarter. Larson Financial Group LLC lifted its holdings in 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 acquiring an additional 148 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in 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 acquiring an additional 170 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Abercrombie & Fitch in the 4th quarter worth approximately $44,000.
Analysts Set New Price Targets
A number of brokerages have recently commented on ANF. JPMorgan Chase & Co. raised their price objective on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. Needham & Company LLC reissued a “buy” rating and set a $108.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Raymond James Financial set a $92.00 price target on shares of Abercrombie & Fitch in a report on Thursday, May 21st. Weiss Ratings restated a “hold (c)” rating on shares of Abercrombie & Fitch in a research report on Tuesday, June 2nd. Finally, Telsey Advisory Group cut their price objective on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a report on Thursday, May 28th. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $111.91.
Abercrombie & Fitch Stock Performance
Shares of NYSE ANF opened at $90.87 on Friday. The firm has a market cap of $4.04 billion, a PE ratio of 8.72 and a beta of 0.89. The firm has a fifty day moving average of $85.60 and a 200 day moving average of $91.08. Abercrombie & Fitch Company has a one year low of $65.45 and a one year high of $133.11.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last posted its quarterly earnings data 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 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 the consensus estimate of $1.12 billion. During the same period last year, the firm posted $1.59 earnings per share. The company’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. On average, equities analysts predict that Abercrombie & Fitch Company will post 10.46 EPS for the current fiscal year.
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.
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