Fifth Third Bancorp Acquires 12,278 Shares of Abercrombie & Fitch Company $ANF

Fifth Third Bancorp boosted its holdings in Abercrombie & Fitch Company (NYSE:ANF) by 2,240.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 12,826 shares of the apparel retailer’s stock after acquiring an additional 12,278 shares during the period. Fifth Third Bancorp’s holdings in Abercrombie & Fitch were worth $1,172,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of ANF. Vanguard Group Inc. raised its position in shares of Abercrombie & Fitch by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock valued at $601,841,000 after buying an additional 94,697 shares in the last quarter. AQR Capital Management LLC grew its position in Abercrombie & Fitch by 56.0% during the fourth quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock worth $315,209,000 after buying an additional 898,884 shares in the last quarter. Bbfit Investments PTE Ltd. acquired a new stake in Abercrombie & Fitch during the fourth quarter worth approximately $205,539,000. Wellington Management Group LLP increased 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 worth $102,148,000 after acquiring an additional 1,173,601 shares during the period. Finally, Boston Partners increased 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 worth $92,940,000 after acquiring an additional 553,889 shares during the period.

Abercrombie & Fitch Stock Performance

Shares of ANF stock opened at $93.82 on Friday. The stock’s fifty day moving average price is $86.07 and its two-hundred day moving average price is $91.10. The company 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 fifty-two week low of $65.45 and a fifty-two week high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings results 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 return on equity of 34.36% and a net margin of 9.34%.The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the company posted $1.59 EPS. The company’s revenue for the quarter 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.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. upped 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. Weiss Ratings restated a “hold (c)” rating on shares of Abercrombie & Fitch in a research report on Tuesday, June 2nd. Telsey Advisory Group dropped their price target on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a research note on Thursday, May 28th. Barclays upped their price objective on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the stock an “underweight” rating in a research report on Thursday, May 28th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $87.00 price objective on shares of Abercrombie & Fitch in a research note on Monday, July 6th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $111.91.

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.