Abercrombie & Fitch Company $ANF Holdings Lifted by Caisse DE Depot ET Placement DU Quebec

Key Points

• Caisse DE Depot ET Placement DU Quebec increased its stake in Abercrombie & Fitch by 369.6%, owning 206,777 shares valued at approximately $15.79 million by the end of the first quarter.
• Several institutional investors, including American Century Companies Inc. and Northern Trust Corp, have also significantly increased their holdings in Abercrombie & Fitch.
• Brokerages have set a range of price targets for Abercrombie & Fitch, with an average target price of $112.75 and a consensus rating of "Moderate Buy".

Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 369.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 206,777 shares of the apparel retailer's stock after purchasing an additional 162,744 shares during the period. Caisse DE Depot ET Placement DU Quebec owned 0.43% of Abercrombie & Fitch worth $15,792,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in ANF. First Trust Advisors LP boosted its position in Abercrombie & Fitch by 8.7% during the 4th quarter. First Trust Advisors LP now owns 45,709 shares of the apparel retailer's stock worth $6,832,000 after purchasing an additional 3,650 shares during the period. Stifel Financial Corp lifted its holdings in Abercrombie & Fitch by 200.1% in the 4th quarter. Stifel Financial Corp now owns 11,753 shares of the apparel retailer's stock worth $1,757,000 after buying an additional 7,837 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in Abercrombie & Fitch by 112.4% in the 4th quarter. Hsbc Holdings PLC now owns 23,991 shares of the apparel retailer's stock worth $3,562,000 after buying an additional 12,696 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Abercrombie & Fitch by 306.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 237,882 shares of the apparel retailer's stock worth $35,556,000 after buying an additional 179,419 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in Abercrombie & Fitch by 24.7% in the 4th quarter. Northern Trust Corp now owns 745,723 shares of the apparel retailer's stock worth $111,463,000 after buying an additional 147,779 shares in the last quarter.

Abercrombie & Fitch Trading Down 3.1%

ANF traded down $2.97 on Monday, hitting $93.55. 2,190,525 shares of the company's stock were exchanged, compared to its average volume of 2,226,512. The firm has a market cap of $4.46 billion, a PE ratio of 8.85 and a beta of 1.44. Abercrombie & Fitch Company has a twelve month low of $65.40 and a twelve month high of $167.71. The stock has a fifty day moving average of $93.11 and a two-hundred day moving average of $84.64.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The apparel retailer reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.05. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. Abercrombie & Fitch had a net margin of 10.61% and a return on equity of 40.02%. Abercrombie & Fitch's quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.50 earnings per share. Abercrombie & Fitch has set its FY 2025 guidance at 10.000-10.500 EPS. Q3 2025 guidance at 2.050-2.250 EPS. On average, analysts predict that Abercrombie & Fitch Company will post 10.62 EPS for the current year.

Wall Street Analysts Forecast Growth

ANF has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Abercrombie & Fitch from $151.00 to $145.00 and set an "overweight" rating on the stock in a report on Thursday. Jefferies Financial Group cut their target price on shares of Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating on the stock in a research note on Wednesday, May 21st. Citigroup restated a "neutral" rating and issued a $105.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, August 20th. Raymond James Financial set a $105.00 target price on shares of Abercrombie & Fitch and gave the company an "outperform" rating in a research note on Thursday. Finally, UBS Group restated a "buy" rating on shares of Abercrombie & Fitch in a research note on Wednesday, May 28th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $115.25.

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.