Key Points
- COO Scott Lipesky sold 10,000 Abercrombie & Fitch shares for $1.1 million at an average price of $110 under a pre-arranged Rule 10b5-1 trading plan, reducing his ownership by 5.8%.
- ANF shares opened at $110.86, with the stock up 1.3%; it has a $4.93 billion market capitalization, a 10.64 price-to-earnings ratio and a 52-week range of $65.45 to $133.11.
- Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $111.91. The company recently beat quarterly EPS estimates and issued fiscal 2026 EPS guidance of $10.20 to $11.00.
Abercrombie & Fitch Company (NYSE:ANF - Get Free Report) COO Scott Lipesky sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $110.00, for a total value of $1,100,000.00. Following the transaction, the chief operating officer directly owned 162,534 shares in the company, valued at $17,878,740. The trade was a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Abercrombie & Fitch Trading Up 1.3%
ANF opened at $110.86 on Friday. The stock's fifty day simple moving average is $91.18 and its 200 day simple moving average is $90.27. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $133.11. The stock has a market cap of $4.93 billion, a PE ratio of 10.64 and a beta of 0.90.
Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released 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. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.12 billion. During the same period in the previous year, the business posted $1.59 earnings per share. 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. Equities analysts forecast that Abercrombie & Fitch Company will post 10.46 earnings per share for the current year.
Institutional Trading of Abercrombie & Fitch
Several large investors have recently made changes to their positions in the company. NewEdge Advisors LLC increased its stake in Abercrombie & Fitch by 181.6% in the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer's stock valued at $29,000 after acquiring an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC lifted its stake in Abercrombie & Fitch by 322.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer's stock worth $31,000 after purchasing an additional 190 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of Abercrombie & Fitch by 120.3% in the 4th 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. boosted its holdings in shares of Abercrombie & Fitch by 94.4% in the 4th 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 bought a new position in shares of Abercrombie & Fitch in the 4th quarter valued at $44,000.
Analysts Set New Price Targets
Several analysts recently commented on ANF shares. JPMorgan Chase & Co. lifted their target price on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a "neutral" rating in a report on Thursday, May 28th. Barclays increased their price target 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. Morgan Stanley restated an "equal weight" rating and set a $87.00 price objective on shares of Abercrombie & Fitch in a research report on Monday, July 6th. Needham & Company LLC restated a "buy" rating and set a $108.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Finally, 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 report on Thursday, May 28th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $111.91.
Read Our Latest Report on ANF
Abercrombie & Fitch Company Profile
(
Get Free Report)
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.
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