Abercrombie & Fitch Company $ANF Stock: Moody Aldrich Partners LLC Trims Holdings

Key Points

• Moody Aldrich Partners cut its Abercrombie & Fitch stake by 52% in the third quarter, selling 23,026 shares and retaining 21,261 shares valued at approximately $2.86 million.
• Abercrombie & Fitch reported strong quarterly results, with EPS of $4.17 versus the $1.99 consensus and revenue of $1.27 billion, up 4.8% year over year.
• Analyst sentiment remains positive overall, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $157.21, while insiders sold 62,800 shares worth about $8.55 million over the last quarter.

Moody Aldrich Partners LLC trimmed its stake in shares of Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 52.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,261 shares of the apparel retailer's stock after selling 23,026 shares during the period. Moody Aldrich Partners LLC owned approximately 0.05% of Abercrombie & Fitch worth $2,864,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership lifted its position in Abercrombie & Fitch by 41.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,310,296 shares of the apparel retailer's stock valued at $119,722,000 after purchasing an additional 384,845 shares during the period. Baird Financial Group Inc. bought a new position in Abercrombie & Fitch in the second quarter valued at approximately $20,035,000. Dimensional Fund Advisors LP boosted its stake in Abercrombie & Fitch by 15.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer's stock valued at $145,823,000 after acquiring an additional 208,709 shares during the last quarter. Impala Asset Management LLC bought a new position in Abercrombie & Fitch in the first quarter valued at approximately $6,122,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in Abercrombie & Fitch by 30.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 257,474 shares of the apparel retailer's stock worth $24,269,000 after acquiring an additional 60,454 shares during the period.

Insider Activity

In other Abercrombie & Fitch news, EVP Jay Rust sold 5,000 shares of the company's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $147.50, for a total value of $737,500.00. Following the sale, the executive vice president owned 15,651 shares in the company, valued at $2,308,522.50. This represents a 24.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Scott D. Lipesky sold 2,000 shares of the firm's stock in a transaction that occurred on Friday, September 4th. The shares were 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 directly owned 145,534 shares of the company's stock, valued at approximately $21,367,301.88. The trade was a 1.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 62,800 shares of company stock valued at $8,545,392. Company insiders own 2.33% of the company's stock.

Abercrombie & Fitch Price Performance

ANF stock opened at $161.31 on Thursday. The stock has a market capitalization of $6.85 billion, a P/E ratio of 13.81, a P/E/G ratio of 1.36 and a beta of 1.02. Abercrombie & Fitch Company has a fifty-two week low of $65.45 and a fifty-two week high of $167.09. The business has a 50-day moving average of $141.62 and a 200-day moving average of $104.41.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, topping analysts' consensus estimates of $1.99 by $2.18. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%. The business's revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.91 EPS. 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 expect that Abercrombie & Fitch Company will post 11.42 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ANF. UBS Group upped their target price on shares of Abercrombie & Fitch from $153.00 to $185.00 and gave the company a "buy" rating in a research report on Thursday, August 27th. Citigroup lowered Abercrombie & Fitch from a "buy" rating to a "neutral" rating and increased their target price for the company from $135.00 to $156.00 in a research note on Thursday, August 27th. Barclays raised their target price on Abercrombie & Fitch from $114.00 to $155.00 and gave the stock an "equal weight" rating in a report on Thursday, August 27th. Weiss Ratings upgraded Abercrombie & Fitch from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, October 16th. Finally, Morgan Stanley lifted their price objective on shares of Abercrombie & Fitch from $87.00 to $134.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 27th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Abercrombie & Fitch presently has an average rating of "Moderate Buy" and a consensus target price of $157.21.

Abercrombie & Fitch Profile

Abercrombie & Fitch Co is a global specialty retailer that sells apparel, accessories and personal-care products through stores and digital channels. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products designed for consumers across a range of life stages and lifestyles.

The company's offerings include casual clothing, denim, dresses, tops, outerwear, intimates, activewear, swimwear, footwear, accessories and fragrances. Abercrombie & Fitch serves customers through company-operated and franchise stores, as well as branded websites and other digital platforms, in the United States and selected international markets.

Founded in 1892 as an outdoor and sporting-goods retailer, the company later developed into a fashion retailer focused on casual apparel.

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