Brandywine Global Investment Management LLC Sells 118,618 Shares of Abercrombie & Fitch Company $ANF

Brandywine Global Investment Management LLC lessened its holdings in shares of Abercrombie & Fitch Company (NYSE:ANF) by 15.7% during the 4th quarter, Holdings Channel reports. The firm owned 637,848 shares of the apparel retailer’s stock after selling 118,618 shares during the period. Brandywine Global Investment Management LLC’s holdings in Abercrombie & Fitch were worth $80,286,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ANF. Wellington Management Group LLP raised its stake in Abercrombie & Fitch by 5,749.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock valued at $102,148,000 after purchasing an additional 1,173,601 shares during the period. Norges Bank bought a new stake in Abercrombie & Fitch during the 4th quarter valued at approximately $98,961,000. M&T Bank Corp bought a new stake in Abercrombie & Fitch during the 4th quarter valued at approximately $86,383,000. Boston Partners raised its stake in Abercrombie & Fitch by 102.5% during the 3rd quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock valued at $92,940,000 after purchasing an additional 553,889 shares during the period. Finally, Bank of America Corp DE raised its stake in Abercrombie & Fitch by 220.2% during the 2nd quarter. Bank of America Corp DE now owns 606,254 shares of the apparel retailer’s stock valued at $50,228,000 after purchasing an additional 416,924 shares during the period.

Wall Street Analysts Forecast Growth

ANF has been the topic of several recent analyst reports. UBS Group decreased their target price on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating on the stock in a research note on Thursday, May 28th. Raymond James Financial set a $92.00 price objective on Abercrombie & Fitch in a research note on Thursday, May 21st. JPMorgan Chase & Co. lifted their price objective on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. Telsey Advisory Group reduced their price objective on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a research note on Thursday, May 28th. Finally, Jefferies Financial Group reduced their price objective on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. 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 MarketBeat, Abercrombie & Fitch has a consensus rating of “Moderate Buy” and an average price target of $112.64.

Abercrombie & Fitch Price Performance

NYSE:ANF opened at $75.21 on Monday. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $133.11. The stock’s 50 day simple moving average is $84.48 and its two-hundred day simple moving average is $94.81. The company has a market cap of $3.36 billion, a price-to-earnings ratio of 7.22 and a beta of 0.92.

Abercrombie & Fitch (NYSE:ANF) last released 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 return on equity of 34.36% and a net margin of 9.34%.The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the company posted $1.59 EPS. 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. As a group, analysts anticipate that Abercrombie & Fitch Company will post 10.61 EPS for the current 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.