Neo Ivy Capital Management Purchases New Holdings in Abercrombie & Fitch Company $ANF

Key Points

• Neo Ivy Capital Management acquired a new stake of 21,984 shares in Abercrombie & Fitch (about $1.88 million) in the third quarter, per an SEC disclosure.
• Analysts are broadly positive with a consensus rating of “Moderate Buy” and an average price target of $118.80; notable calls include Citigroup upgrading to Buy ($135 target) and Goldman initiating coverage with a Buy ($120 target).
• Abercrombie & Fitch beat quarterly EPS expectations ($3.68 vs. $3.56), provided FY2026 guidance of $10.20–$11.00 EPS, and saw significant insider selling last quarter (≈350,000 shares, including CEO Fran Horowitz).

Neo Ivy Capital Management acquired a new position in shares of Abercrombie & Fitch Company (NYSE:ANF - Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 21,984 shares of the apparel retailer's stock, valued at approximately $1,881,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NewEdge Advisors LLC increased its holdings in shares of Abercrombie & Fitch by 181.6% in the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer's stock valued at $29,000 after purchasing an additional 227 shares during the period. Blue Trust Inc. acquired a new stake in shares of Abercrombie & Fitch during the third quarter worth $38,000. Hantz Financial Services Inc. lifted its holdings in shares of Abercrombie & Fitch by 108.2% during the third quarter. Hantz Financial Services Inc. now owns 481 shares of the apparel retailer's stock worth $41,000 after purchasing an additional 250 shares during the period. Bessemer Group Inc. grew its position in Abercrombie & Fitch by 268.0% in the 3rd quarter. Bessemer Group Inc. now owns 666 shares of the apparel retailer's stock valued at $56,000 after buying an additional 485 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Abercrombie & Fitch by 392.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 714 shares of the apparel retailer's stock valued at $59,000 after buying an additional 569 shares during the last quarter.

Wall Street Analyst Weigh In

ANF has been the subject of a number of analyst reports. Morgan Stanley upped their price objective on shares of Abercrombie & Fitch from $78.00 to $95.00 and gave the stock an "equal weight" rating in a research report on Wednesday, November 26th. The Goldman Sachs Group initiated coverage on shares of Abercrombie & Fitch in a report on Thursday, December 11th. They issued a "buy" rating and a $120.00 target price on the stock. Citigroup upgraded shares of Abercrombie & Fitch from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $90.00 to $135.00 in a research note on Wednesday, January 21st. UBS Group cut their price target on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a "buy" rating for the company in a report on Monday, February 23rd. Finally, Zacks Research upgraded shares of Abercrombie & Fitch from a "strong sell" rating to a "hold" rating in a research report on Tuesday, November 25th. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $118.80.

Abercrombie & Fitch Price Performance

Shares of Abercrombie & Fitch stock opened at $84.75 on Friday. Abercrombie & Fitch Company has a 1 year low of $65.40 and a 1 year high of $133.11. The business has a 50 day moving average price of $103.09 and a 200 day moving average price of $93.28. The company has a market capitalization of $3.89 billion, a P/E ratio of 8.04 and a beta of 1.17.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last announced its earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 EPS for the quarter, beating analysts' consensus estimates of $3.56 by $0.12. The firm had revenue of $1.67 billion for the quarter, compared to analysts' expectations of $1.67 billion. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.Abercrombie & Fitch's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.57 EPS. Abercrombie & Fitch has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 10.200-11.000 EPS. As a group, research analysts expect that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Insider Activity at Abercrombie & Fitch

In related news, CEO Fran Horowitz sold 29,769 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $100.00, for a total transaction of $2,976,900.00. Following the sale, the chief executive officer owned 308,503 shares of the company's stock, valued at $30,850,300. This trade represents a 8.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 350,000 shares of company stock worth $34,661,358 over the last quarter. 2.29% of the stock is owned by company insiders.

About Abercrombie & Fitch

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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