Abercrombie & Fitch Company $ANF Shares Bought by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd increased its stake in Abercrombie & Fitch by **29.7%**, now holding **38,899 shares** valued at approximately **$2.97 million**.
• Other institutional investors also significantly increased their holdings, with **AQR Capital Management** boosting theirs by **198.2%** to own nearly **1.96 million shares** worth around **$144.58 million**.
• Abercrombie & Fitch reported **Q2 earnings per share** of **$2.32**, exceeding estimates and showing a **6.6% year-over-year revenue increase** to **$1.21 billion**.

Dynamic Technology Lab Private Ltd lifted its holdings in Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 29.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,899 shares of the apparel retailer's stock after buying an additional 8,905 shares during the quarter. Abercrombie & Fitch comprises 0.4% of Dynamic Technology Lab Private Ltd's portfolio, making the stock its 16th biggest holding. Dynamic Technology Lab Private Ltd owned about 0.08% of Abercrombie & Fitch worth $2,971,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Abercrombie & Fitch by 197.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,647 shares of the apparel retailer's stock valued at $1,119,000 after purchasing an additional 9,719 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Abercrombie & Fitch by 11.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,013 shares of the apparel retailer's stock valued at $536,000 after buying an additional 698 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Abercrombie & Fitch by 81.5% during the 1st quarter. GAMMA Investing LLC now owns 1,917 shares of the apparel retailer's stock worth $146,000 after purchasing an additional 861 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Abercrombie & Fitch during the 1st quarter worth $144,000. Finally, LPL Financial LLC lifted its position in shares of Abercrombie & Fitch by 99.3% during the 1st quarter. LPL Financial LLC now owns 31,114 shares of the apparel retailer's stock worth $2,376,000 after buying an additional 15,500 shares during the last quarter.

Abercrombie & Fitch Price Performance

Shares of ANF traded down $5.24 during mid-day trading on Friday, reaching $89.00. 1,678,989 shares of the company's stock traded hands, compared to its average volume of 2,408,206. The stock has a market cap of $4.19 billion, a P/E ratio of 8.42 and a beta of 1.44. The stock's 50-day moving average is $95.04 and its two-hundred day moving average is $84.20. Abercrombie & Fitch Company has a 12 month low of $65.40 and a 12 month high of $167.71.

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

Insider Buying and Selling at Abercrombie & Fitch

In related news, Director James A. Goldman sold 5,072 shares of Abercrombie & Fitch stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $96.18, for a total value of $487,824.96. Following the completion of the transaction, the director owned 7,565 shares in the company, valued at $727,601.70. The trade was a 40.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kenneth B. Robinson sold 1,392 shares of Abercrombie & Fitch stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $94.60, for a total value of $131,683.20. Following the completion of the transaction, the director owned 5,880 shares of the company's stock, valued at approximately $556,248. This represents a 19.14% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,964 shares of company stock worth $759,233. Insiders own 2.29% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Raymond James Financial set a $105.00 price objective on Abercrombie & Fitch and gave the stock an "outperform" rating in a research report on Thursday, August 28th. Barclays set a $84.00 price target on Abercrombie & Fitch and gave the stock an "equal weight" rating in a report on Thursday, May 29th. JPMorgan Chase & Co. dropped their price target on Abercrombie & Fitch from $151.00 to $145.00 and set an "overweight" rating on the stock in a report on Thursday, August 28th. Morgan Stanley set a $93.00 price target on Abercrombie & Fitch in a research report on Thursday, August 28th. Finally, Jefferies Financial Group reduced their target price on Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating for the company in a research report on Wednesday, May 21st. Five research 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 an average price target of $115.25.

Abercrombie & Fitch Profile

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.