Abercrombie & Fitch (NYSE:ANF) Director Kenneth Robinson Sells 800 Shares

Key Points

• Director Kenneth Robinson sold 800 Abercrombie & Fitch shares at an average price of $149.69, generating $119,752 and reducing his direct ownership by 10.04% to 7,169 shares.
• Abercrombie & Fitch reported quarterly EPS of $4.17, exceeding the $1.99 consensus estimate, while revenue rose 4.8% year over year to $1.27 billion.
• The stock traded at $140.54 after reaching a 52-week high of $154.58; analysts maintain a “Moderate Buy” consensus rating with an average price target of $154.17.

Abercrombie & Fitch Company (NYSE:ANF - Get Free Report) Director Kenneth Robinson sold 800 shares of the business's stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $149.69, for a total value of $119,752.00. Following the completion of the transaction, the director directly owned 7,169 shares in the company, valued at approximately $1,073,127.61. This trade represents a 10.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Abercrombie & Fitch Price Performance

Shares of ANF traded down $2.54 during trading hours on Tuesday, hitting $140.54. The stock had a trading volume of 1,730,721 shares, compared to its average volume of 1,496,324. The firm has a 50 day simple moving average of $103.16 and a 200-day simple moving average of $92.69. The firm has a market capitalization of $6.24 billion, a P/E ratio of 12.03 and a beta of 0.90. Abercrombie & Fitch Company has a 1-year low of $65.45 and a 1-year high of $154.58.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, topping the consensus estimate of $1.99 by $2.18. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the company posted $2.91 earnings per share. The business's revenue was up 4.8% on a year-over-year basis. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. Equities analysts predict that Abercrombie & Fitch Company will post 11.4 EPS for the current fiscal year.

Hedge Funds Weigh In On Abercrombie & Fitch

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Abercrombie & Fitch by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer's stock worth $601,841,000 after purchasing an additional 94,697 shares in the last quarter. California State Teachers Retirement System boosted its holdings in Abercrombie & Fitch by 8,792.9% in the second quarter. California State Teachers Retirement System now owns 4,671,519 shares of the apparel retailer's stock valued at $420,483,000 after purchasing an additional 4,618,988 shares in the last quarter. AQR Capital Management LLC increased its position in Abercrombie & Fitch by 56.0% in the 4th quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer's stock valued at $315,209,000 after acquiring an additional 898,884 shares during the period. Bbfit Investments PTE Ltd. purchased a new position in shares of Abercrombie & Fitch during the 4th quarter worth approximately $205,539,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Abercrombie & Fitch by 15.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer's stock worth $145,823,000 after acquiring an additional 208,709 shares during the period.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Zacks Research raised Abercrombie & Fitch from a "hold" rating to a "strong-buy" rating in a report on Friday. Needham & Company LLC raised their price target on Abercrombie & Fitch from $108.00 to $165.00 and gave the company a "buy" rating in a report on Wednesday, August 26th. Weiss Ratings raised shares of Abercrombie & Fitch from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, August 14th. Telsey Advisory Group lifted their price target on shares of Abercrombie & Fitch from $118.00 to $165.00 and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Finally, Barclays boosted their target price on Abercrombie & Fitch from $114.00 to $155.00 and gave the company an "equal weight" rating in a research note on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $154.17.

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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