Bbfit Investments PTE Ltd. Makes New $205.54 Million Investment in Abercrombie & Fitch Company $ANF

Bbfit Investments PTE Ltd. purchased a new position in shares of Abercrombie & Fitch Company (NYSE:ANF) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,632,944 shares of the apparel retailer’s stock, valued at approximately $205,539,000. Abercrombie & Fitch makes up 20.5% of Bbfit Investments PTE Ltd.’s portfolio, making the stock its 2nd largest position. Bbfit Investments PTE Ltd. owned about 3.56% of Abercrombie & Fitch as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Neo Ivy Capital Management acquired a new position in shares of Abercrombie & Fitch in the 3rd quarter valued at $1,881,000. Intech Investment Management LLC boosted its holdings in shares of Abercrombie & Fitch by 60.6% in the 4th 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 in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Abercrombie & Fitch by 10.5% in the 3rd quarter. Fisher Asset Management LLC now owns 431,351 shares of the apparel retailer’s stock valued at $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% in the 3rd quarter. American Century Companies Inc. now owns 1,176,990 shares of the apparel retailer’s stock valued at $100,691,000 after buying an additional 343,288 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co acquired a new position in shares of Abercrombie & Fitch in the 3rd quarter valued at $1,191,000.

Abercrombie & Fitch Stock Performance

Shares of Abercrombie & Fitch stock opened at $84.78 on Thursday. The company has a market cap of $3.77 billion, a P/E ratio of 8.14 and a beta of 0.92. Abercrombie & Fitch Company has a one year low of $65.45 and a one year high of $133.11. The firm has a fifty day moving average of $83.69 and a two-hundred day moving average of $95.31.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. Abercrombie & Fitch’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.59 EPS. 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, equities analysts predict that Abercrombie & Fitch Company will post 10.62 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Weiss Ratings restated a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. Telsey Advisory Group lowered their target price 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. Jefferies Financial Group lowered their target price on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. Finally, Barclays upped their target price 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 investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Abercrombie & Fitch currently has an average rating of “Moderate Buy” and an average price target of $112.64.

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.