Janus Henderson Group PLC Sells 109,862 Shares of Abercrombie & Fitch Company $ANF

Key Points

• Janus Henderson Group cut its Abercrombie & Fitch stake by 76.8%, selling 109,862 shares and retaining 33,186 shares valued at approximately $3.03 million.
• Abercrombie COO Scott D. Lipesky sold 10,000 shares for $1.1 million under a pre-arranged Rule 10b5-1 plan; insiders own 2.33% of the company.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $111.91. The company recently beat quarterly EPS estimates, reporting $1.47 versus the $1.26 consensus.

Janus Henderson Group PLC decreased its stake in shares of Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 76.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,186 shares of the apparel retailer's stock after selling 109,862 shares during the quarter. Janus Henderson Group PLC owned about 0.07% of Abercrombie & Fitch worth $3,033,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in ANF. Transamerica Financial Advisors LLC increased its holdings in Abercrombie & Fitch by 322.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer's stock worth $31,000 after buying an additional 190 shares during the last quarter. Larson Financial Group LLC lifted its stake in Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer's stock valued at $34,000 after acquiring an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Abercrombie & Fitch in the 4th quarter valued at about $44,000. Nomura Asset Management Co. Ltd. grew its position in shares of 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 acquiring an additional 170 shares during the period. Finally, NewEdge Advisors LLC increased its stake 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.

Insider Activity at Abercrombie & Fitch

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 10,000 shares of Abercrombie & Fitch stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $110.00, for a total value of $1,100,000.00. Following the completion of the sale, the chief operating officer owned 162,534 shares in the company, valued at $17,878,740. The trade was a 5.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.33% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ANF shares. Telsey Advisory Group dropped their target price on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an "outperform" rating on the stock in a report on Thursday, May 28th. Raymond James Financial set a $92.00 price objective on Abercrombie & Fitch in a research note on Thursday, May 21st. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Abercrombie & Fitch in a research report on Tuesday, June 2nd. Morgan Stanley reiterated an "equal weight" rating and set a $87.00 target price on shares of Abercrombie & Fitch in a research note on Monday, July 6th. Finally, JPMorgan Chase & Co. boosted their target price on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a "neutral" rating in a report on Thursday, May 28th. Eight equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $111.91.

Abercrombie & Fitch Trading Up 1.9%

Shares of NYSE ANF opened at $112.55 on Friday. The firm has a market cap of $5.00 billion, a P/E ratio of 10.80 and a beta of 0.90. The business's 50 day moving average is $91.88 and its 200-day moving average is $90.42. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $133.11.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.21. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The firm's quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.59 EPS. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. Analysts forecast that Abercrombie & Fitch Company will post 10.46 EPS for the current year.

Abercrombie & Fitch Company Profile

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.

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