Key Points
- COO Scott Lipesky sold 2,000 Abercrombie & Fitch shares at an average price of $146.82, generating approximately $293,640. After the sale, he retained 145,534 shares, reducing his position by 1.36%.
- Abercrombie & Fitch reported quarterly EPS of $4.17, beating the $1.99 consensus estimate, while revenue reached $1.27 billion, up 4.8% year over year.
- Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $155.38 average price target; the stock opened at $152.47, near its 12-month high of $155.22.
Abercrombie & Fitch Company (NYSE:ANF - Get Free Report) COO Scott Lipesky sold 2,000 shares of the company's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $146.82, for a total value of $293,640.00. Following the completion of the sale, the chief operating officer owned 145,534 shares in the company, valued at $21,367,301.88. The trade was a 1.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Abercrombie & Fitch Trading Up 0.7%
Shares of ANF stock opened at $152.47 on Thursday. The stock has a 50 day moving average of $111.13 and a 200 day moving average of $95.28. The stock has a market cap of $6.47 billion, a P/E ratio of 13.05, a P/E/G ratio of 1.33 and a beta of 0.97. Abercrombie & Fitch Company has a twelve month low of $65.45 and a twelve month high of $155.22.
Abercrombie & Fitch (NYSE:ANF - Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.99 by $2.18. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the previous year, the company posted $2.91 earnings per share. Abercrombie & Fitch's revenue for the quarter was up 4.8% on a year-over-year basis. 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. On average, research analysts predict that Abercrombie & Fitch Company will post 11.4 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Abercrombie & Fitch
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Timbuktu Capital Management LLC acquired a new stake in shares of Abercrombie & Fitch in the second quarter valued at about $29,000. NewEdge Advisors LLC raised its position 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 purchasing an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC lifted its stake in Abercrombie & Fitch by 322.0% in the 4th 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 in the last quarter. Larson Financial Group LLC lifted its stake in 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 buying an additional 148 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its stake in 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 buying an additional 170 shares in the last quarter.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on ANF shares. Citigroup downgraded shares of Abercrombie & Fitch from a "buy" rating to a "neutral" rating and increased their price target for the stock from $135.00 to $156.00 in a report on Thursday, August 27th. Raymond James Financial reaffirmed a "market perform" rating on shares of Abercrombie & Fitch in a report on Tuesday, August 18th. Barclays upped their price objective on shares of Abercrombie & Fitch from $114.00 to $155.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 27th. Telsey Advisory Group raised their target price on Abercrombie & Fitch from $118.00 to $165.00 and gave the company an "outperform" rating in a research report on Thursday, August 27th. Finally, Morgan Stanley lifted their price target on Abercrombie & Fitch from $87.00 to $134.00 and gave the company an "equal weight" rating in a research note on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Abercrombie & Fitch currently has a consensus rating of "Moderate Buy" and a consensus price target of $155.38.
Check Out Our Latest Research Report on Abercrombie & Fitch
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.
Further Reading
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