Zurcher Kantonalbank Zurich Cantonalbank Sells 16,567 Shares of Abercrombie & Fitch Company $ANF

Key Points

• Zurcher Kantonalbank Zurich Cantonalbank cut its stake in Abercrombie & Fitch by 52.6%, selling 16,567 shares and ending the quarter with 14,916 shares valued at about $1.88 million.
• Corporate insiders have been selling: CEO Fran Horowitz sold 50,000 shares for roughly $5.18 million, and insiders disposed of a total of 146,800 shares (~$14.95 million) over the quarter, leaving insider ownership at about 2.29%.
• Analysts maintain a consensus rating of “Moderate Buy” with a $117.45 target; the company beat quarterly EPS estimates ($3.68 vs. $3.56) and set FY2026 guidance of 10.20–11.00 EPS.

Zurcher Kantonalbank Zurich Cantonalbank decreased its holdings in shares of Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 52.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,916 shares of the apparel retailer's stock after selling 16,567 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Abercrombie & Fitch were worth $1,877,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Parallel Advisors LLC raised its holdings in Abercrombie & Fitch by 17.6% during the 3rd quarter. Parallel Advisors LLC now owns 967 shares of the apparel retailer's stock valued at $83,000 after acquiring an additional 145 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in Abercrombie & Fitch by 2.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,897 shares of the apparel retailer's stock valued at $590,000 after acquiring an additional 194 shares during the period. NewEdge Advisors LLC raised its holdings in Abercrombie & Fitch by 62.8% during the 3rd quarter. NewEdge Advisors LLC now owns 573 shares of the apparel retailer's stock valued at $49,000 after acquiring an additional 221 shares during the period. Blue Trust Inc. raised its holdings in Abercrombie & Fitch by 52.2% during the 4th quarter. Blue Trust Inc. now owns 685 shares of the apparel retailer's stock valued at $86,000 after acquiring an additional 235 shares during the period. Finally, Hantz Financial Services Inc. raised its holdings in Abercrombie & Fitch by 108.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 481 shares of the apparel retailer's stock valued at $41,000 after acquiring an additional 250 shares during the period.

Wall Street Analysts Forecast Growth

ANF has been the topic of a number of analyst reports. UBS Group lowered their target price on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a "buy" rating on the stock in a report on Monday, February 23rd. Wall Street Zen cut shares of Abercrombie & Fitch from a "buy" rating to a "hold" rating in a report on Sunday, March 8th. BTIG Research reissued a "buy" rating and set a $120.00 target price on shares of Abercrombie & Fitch in a report on Thursday, March 5th. JPMorgan Chase & Co. lowered their target price on shares of Abercrombie & Fitch from $114.00 to $110.00 and set a "neutral" rating on the stock in a report on Tuesday, April 21st. Finally, Telsey Advisory Group reissued an "outperform" rating and set a $125.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, March 4th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $117.45.

Abercrombie & Fitch Stock Performance

Abercrombie & Fitch stock opened at $86.63 on Tuesday. The stock has a market cap of $3.88 billion, a P/E ratio of 8.22 and a beta of 1.13. Abercrombie & Fitch Company has a fifty-two week low of $65.45 and a fifty-two week high of $133.11. The firm's fifty day moving average price is $92.03 and its 200-day moving average price is $93.66.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its quarterly earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share for the quarter, topping the consensus estimate 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 net margin of 9.63% and a return on equity of 36.36%. The business's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.57 earnings per share. 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. Sell-side analysts predict that Abercrombie & Fitch Company will post 10.68 earnings per share for the current year.

Insider Buying and Selling at Abercrombie & Fitch

In other news, CEO Fran Horowitz sold 50,000 shares of the company's stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $103.66, for a total value of $5,183,000.00. Following the transaction, the chief executive officer owned 355,303 shares of the company's stock, valued at approximately $36,830,708.98. This represents a 12.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 146,800 shares of company stock valued at $14,953,062 over the last quarter. Corporate insiders own 2.29% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.