California Public Employees Retirement System Increases Stock Holdings in Abercrombie & Fitch Company $ANF

California Public Employees Retirement System raised its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 17.3% during the first quarter, Holdings Channel reports. The firm owned 101,727 shares of the apparel retailer’s stock after buying an additional 14,978 shares during the quarter. California Public Employees Retirement System’s holdings in Abercrombie & Fitch were worth $9,295,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its stake in shares of Abercrombie & Fitch by 181.6% during the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after purchasing an additional 227 shares in the last quarter. Transamerica Financial Advisors LLC raised its stake in Abercrombie & Fitch by 322.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock worth $31,000 after buying 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 worth $34,000 after buying 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 worth $44,000 after buying an additional 170 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Abercrombie & Fitch during the 4th quarter valued at approximately $44,000.

Wall Street Analysts Forecast Growth

ANF has been the topic of a number of research analyst reports. UBS Group reduced their target price on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday, May 28th. Raymond James Financial set a $92.00 price target on Abercrombie & Fitch in a research report on Thursday, May 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Abercrombie & Fitch in a research note 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 for the company in a report on Thursday, May 28th. Finally, BTIG Research reissued a “buy” rating and set a $120.00 price objective 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 issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $111.91.

Abercrombie & Fitch Stock Up 3.2%

ANF stock opened at $93.82 on Friday. The business has a 50 day moving average of $86.07 and a 200 day moving average of $91.10. The firm has a market cap of $4.17 billion, a PE ratio of 9.00 and a beta of 0.89. Abercrombie & Fitch Company has a twelve month low of $65.45 and a twelve month high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last released its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 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 firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the prior year, the firm posted $1.59 earnings per share. The company’s quarterly revenue 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, research analysts expect that Abercrombie & Fitch Company will post 10.46 earnings per share for the current fiscal 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.