Boston Partners Grows Stock Holdings in Abercrombie & Fitch Company $ANF

Key Points

• Boston Partners has increased its stake in Abercrombie & Fitch by 34.9%, holding 261,668 shares valued at approximately $19.92 million as of the latest SEC disclosure.
• Abercrombie & Fitch reported earnings of $1.59 per share, exceeding estimates and showing a 7.5% increase in quarterly revenue year-over-year at $1.10 billion.
• Analyst ratings for Abercrombie & Fitch show a consensus of "Moderate Buy" with varied price targets, including $151.00 from JPMorgan Chase.

Boston Partners lifted its stake in Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 34.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 261,668 shares of the apparel retailer's stock after purchasing an additional 67,688 shares during the period. Boston Partners owned 0.55% of Abercrombie & Fitch worth $19,921,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ANF. UMB Bank n.a. lifted its position in shares of Abercrombie & Fitch by 161.4% in the 1st quarter. UMB Bank n.a. now owns 583 shares of the apparel retailer's stock worth $45,000 after purchasing an additional 360 shares during the period. Versant Capital Management Inc lifted its position in shares of Abercrombie & Fitch by 55.6% in the 1st quarter. Versant Capital Management Inc now owns 728 shares of the apparel retailer's stock worth $56,000 after purchasing an additional 260 shares during the period. IFP Advisors Inc lifted its position in shares of Abercrombie & Fitch by 166.7% in the 1st quarter. IFP Advisors Inc now owns 848 shares of the apparel retailer's stock worth $65,000 after purchasing an additional 530 shares during the period. Reyes Financial Architecture Inc. lifted its position in shares of Abercrombie & Fitch by 68.0% in the 1st quarter. Reyes Financial Architecture Inc. now owns 904 shares of the apparel retailer's stock worth $69,000 after purchasing an additional 366 shares during the period. Finally, GeoWealth Management LLC purchased a new stake in shares of Abercrombie & Fitch in the 4th quarter worth about $70,000.

Abercrombie & Fitch Trading Up 1.3%

NYSE:ANF traded up $1.2310 on Thursday, reaching $93.1710. 431,361 shares of the stock traded hands, compared to its average volume of 2,418,565. The company has a market capitalization of $4.44 billion, a price-to-earnings ratio of 9.16 and a beta of 1.54. Abercrombie & Fitch Company has a 12 month low of $65.40 and a 12 month high of $171.47. The company's fifty day simple moving average is $90.32 and its 200 day simple moving average is $85.84.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last announced its quarterly earnings results on Wednesday, May 28th. The apparel retailer reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.35 by $0.24. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.08 billion. Abercrombie & Fitch had a net margin of 10.60% and a return on equity of 42.32%. The business's quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.14 EPS. Abercrombie & Fitch has set its FY 2025 guidance at 9.500-10.500 EPS. Q2 2025 guidance at 2.100-2.300 EPS. Equities analysts anticipate that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Analyst Ratings Changes

ANF has been the subject of several research analyst reports. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $125.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday. UBS Group reiterated a "buy" rating on shares of Abercrombie & Fitch in a research note on Wednesday, May 28th. Morgan Stanley increased their price target on shares of Abercrombie & Fitch from $78.00 to $82.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 29th. Citigroup reiterated a "neutral" rating and issued a $105.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday. Finally, JPMorgan Chase & Co. increased their price target on shares of Abercrombie & Fitch from $141.00 to $151.00 and gave the stock an "overweight" rating in a research note on Monday, July 28th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $112.75.

About Abercrombie & Fitch

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.