Key Points
- Abercrombie & Fitch COO Scott Lipesky sold 10,000 shares at an average price of $115, generating $1.15 million. His remaining direct ownership fell 6.15% to 152,534 shares, valued at about $17.54 million.
- ANF shares opened at $117.98, compared with a 50-day moving average of $93.56 and a 200-day average of $90.58. The stock has traded between $65.45 and $133.11 over the past year.
- The company exceeded quarterly EPS expectations, reporting $1.47 versus the $1.26 consensus, while revenue rose 1.5% year over year to $1.11 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $115.18.
Abercrombie & Fitch Company (NYSE:ANF - Get Free Report) COO Scott Lipesky sold 10,000 shares of Abercrombie & Fitch stock in a transaction on Monday, August 10th. The stock was sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the transaction, the chief operating officer directly owned 152,534 shares in the company, valued at $17,541,410. This represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Abercrombie & Fitch Price Performance
Shares of ANF stock opened at $117.98 on Wednesday. The firm has a 50-day moving average of $93.56 and a 200-day moving average of $90.58. Abercrombie & Fitch Company has a one year low of $65.45 and a one year high of $133.11. The company has a market cap of $5.24 billion, a P/E ratio of 11.32 and a beta of 0.90.
Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The business had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.12 billion. During the same period in the previous year, the company earned $1.59 earnings per share. The firm'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. As a group, research analysts expect that Abercrombie & Fitch Company will post 10.46 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages recently commented on ANF. Raymond James Financial set a $92.00 price target on Abercrombie & Fitch in a research report on Thursday, May 21st. UBS Group reduced their price objective on Abercrombie & Fitch from $149.00 to $136.00 and set a "buy" rating for the company in a research note on Thursday, May 28th. Barclays raised Abercrombie & Fitch from an "underweight" rating to an "equal weight" rating and raised their target price for the company from $78.00 to $114.00 in a research report on Tuesday. BTIG Research reiterated a "buy" rating and set a $120.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $115.18.
View Our Latest Stock Analysis on ANF
Hedge Funds Weigh In On Abercrombie & Fitch
Several institutional investors have recently bought and sold shares of ANF. NewEdge Advisors LLC grew its holdings in Abercrombie & Fitch by 181.6% during the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer's stock valued at $29,000 after purchasing an additional 227 shares during the period. Transamerica Financial Advisors LLC raised its stake in shares of 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 buying an additional 190 shares during the period. Larson Financial Group LLC lifted its position in shares of Abercrombie & Fitch by 120.3% during the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer's stock valued at $34,000 after buying an additional 148 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its position in shares of Abercrombie & Fitch by 94.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer's stock valued at $44,000 after buying an additional 170 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Abercrombie & Fitch during the 4th quarter worth $44,000.
Abercrombie & Fitch Company Profile
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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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