Key Points
- Executive insider sale: EVP Jay Rust sold 5,000 Abercrombie & Fitch shares for $737,500 at an average price of $147.50, reducing his direct holdings by 24.21% to 15,651 shares.
- Strong quarterly performance: Abercrombie reported $4.17 in quarterly EPS versus the $1.99 consensus and $1.27 billion in revenue, up 4.8% year over year. The company issued fiscal 2026 EPS guidance of $13.10–$13.60.
- Positive analyst sentiment: Several firms raised their price targets, including UBS to $185, while MarketBeat data showed a “Moderate Buy” consensus rating and an average target of $154.17.
Abercrombie & Fitch Company (NYSE:ANF - Get Free Report) Director Kenneth Robinson sold 800 shares of the stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $149.69, for a total value of $119,752.00. Following the transaction, the director owned 7,169 shares in the company, valued at $1,073,127.61. This trade represents a 10.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Abercrombie & Fitch Trading Down 1.8%
ANF stock opened at $140.54 on Wednesday. The company has a market cap of $6.24 billion, a PE ratio of 12.03, a price-to-earnings-growth ratio of 1.26 and a beta of 0.97. The stock has a 50-day moving average price of $104.28 and a two-hundred day moving average price of $93.04. Abercrombie & Fitch Company has a 12-month low of $65.45 and a 12-month high of $154.58.
Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $2.18. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the business earned $2.91 earnings per share. The business's quarterly revenue was up 4.8% compared to the same quarter last year. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. Equities analysts forecast that Abercrombie & Fitch Company will post 11.4 EPS for the current fiscal year.
Abercrombie & Fitch News Summary
Here are the key news stories impacting Abercrombie & Fitch this week:
- Positive Sentiment: Strong earnings and brand performance: Abercrombie reported quarterly earnings of $4.17 per share, well above the $1.99 consensus, while revenue reached $1.27 billion. The Abercrombie brand grew 8% year over year, and Hollister continued attracting customers, including through its presence in more than 1,500 Target stores. Management also raised its outlook and authorized a new share-repurchase program. Is Abercrombie & Fitch's Hot Streak Just Getting Started?
- Positive Sentiment: Argus upgrade: Argus raised Abercrombie & Fitch from Hold to Buy and set a $162 price target, arguing that both Hollister and the namesake brand now provide sustainable growth drivers. Abercrombie & Fitch gains after Argus says hot streak can continue
- Positive Sentiment: Improving estimates: Upward earnings revisions and generally optimistic Wall Street recommendations are supporting the view that ANF’s recent rally may continue. Surging Earnings Estimates Signal Upside for Abercrombie Stock
- Neutral Sentiment: International exposure: Investors are assessing how international revenue trends, currency movements and overseas demand could affect future forecasts and growth. Understanding Abercrombie Reliance on International Revenue
- Negative Sentiment: Valuation and earnings-quality concerns: Citi downgraded ANF to Neutral, noting that a roughly $100 million tariff refund materially benefited the latest quarter but is not recurring. After the stock’s sharp rally, its earnings multiple has risen above 12 from about 7 a year ago, leaving less room for execution mistakes. Is Abercrombie & Fitch's Hot Streak Just Getting Started?
- Negative Sentiment: Insider selling: Three executives and a director sold a combined 40,800 shares for approximately $6.0 million on August 28. The largest transaction was EVP Gregory Henchel’s 30,000-share sale, reducing his ownership by 47.11%; the sales may add caution after the strong advance.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the company. UBS Group increased their target price on Abercrombie & Fitch from $153.00 to $185.00 and gave the company a "buy" rating in a research note on Thursday, August 27th. BTIG Research lifted their price target on shares of Abercrombie & Fitch from $120.00 to $175.00 and gave the stock a "buy" rating in a research note on Wednesday, August 26th. Weiss Ratings raised shares of Abercrombie & Fitch from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, August 14th. Raymond James Financial reiterated a "market perform" rating on shares of Abercrombie & Fitch in a research note on Tuesday, August 18th. Finally, Needham & Company LLC lifted their price target on Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a "buy" rating in a research note on Wednesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Abercrombie & Fitch currently has a consensus rating of "Moderate Buy" and an average price target of $154.17.
View Our Latest Research Report on Abercrombie & Fitch
Institutional Trading of Abercrombie & Fitch
Several institutional investors and hedge funds have recently added to or reduced their stakes in ANF. Timbuktu Capital Management LLC acquired a new position in shares of Abercrombie & Fitch in the 2nd quarter valued at $29,000. NewEdge Advisors LLC raised its holdings in 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 buying an additional 227 shares during the period. Transamerica Financial Advisors LLC raised its holdings in Abercrombie & Fitch by 322.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer's stock worth $31,000 after buying an additional 190 shares during the period. Larson Financial Group LLC lifted its stake 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 buying an additional 148 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in shares of Abercrombie & Fitch by 94.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer's stock worth $44,000 after buying an additional 170 shares during the period.
About Abercrombie & Fitch
(
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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