Arrowstreet Capital Limited Partnership Buys 384,845 Shares of Abercrombie & Fitch Company $ANF

Arrowstreet Capital Limited Partnership boosted its stake in Abercrombie & Fitch Company (NYSE:ANF) by 41.6% in the first quarter, Holdings Channel reports. The firm owned 1,310,296 shares of the apparel retailer’s stock after purchasing an additional 384,845 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Abercrombie & Fitch were worth $119,722,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. NewEdge Advisors LLC lifted its holdings 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 worth $29,000 after acquiring an additional 227 shares during the period. Transamerica Financial Advisors LLC increased 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 valued at $31,000 after acquiring an additional 190 shares during the last quarter. Larson Financial Group LLC raised its position in Abercrombie & Fitch by 120.3% during the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 148 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its position in Abercrombie & Fitch by 94.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after purchasing an additional 170 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in Abercrombie & Fitch during the fourth quarter valued at approximately $44,000.

Abercrombie & Fitch Trading Up 3.2%

Shares of ANF opened at $93.82 on Friday. The stock’s 50-day moving average price is $86.07 and its two-hundred day moving average price is $91.10. Abercrombie & Fitch Company has a 12 month low of $65.45 and a 12 month high of $133.11. The company has a market capitalization of $4.17 billion, a PE ratio of 9.00 and a beta of 0.89.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.21. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The company’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business 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. Equities research analysts predict that Abercrombie & Fitch Company will post 10.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. lifted their target price on Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Morgan Stanley reaffirmed an “equal weight” rating and set a $87.00 price target on shares of Abercrombie & Fitch in a report on Monday, July 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. Telsey Advisory Group cut their target price on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a research report on Thursday, May 28th. Finally, Raymond James Financial set a $92.00 target price on shares of Abercrombie & Fitch in a research note on Thursday, May 21st. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and an average target price of $111.91.

Abercrombie & Fitch 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.