Abercrombie & Fitch Company $ANF Stock Position Lowered by South Dakota Investment Council

South Dakota Investment Council lowered its position in shares of Abercrombie & Fitch Company (NYSE:ANF) by 31.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,416 shares of the apparel retailer’s stock after selling 8,784 shares during the quarter. South Dakota Investment Council’s holdings in Abercrombie & Fitch were worth $1,661,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ANF. Valeo Financial Advisors LLC grew its stake in shares of Abercrombie & Fitch by 10,469.4% in the 2nd quarter. Valeo Financial Advisors LLC now owns 993,101 shares of the apparel retailer’s stock worth $82,278,000 after purchasing an additional 983,705 shares during the last quarter. Brandywine Global Investment Management LLC bought a new stake in shares of Abercrombie & Fitch during the 2nd quarter worth $61,643,000. Norges Bank acquired a new position in shares of Abercrombie & Fitch in the 2nd quarter worth $61,584,000. Russell Investments Group Ltd. lifted its holdings in shares of Abercrombie & Fitch by 1,089.8% during the second quarter. Russell Investments Group Ltd. now owns 458,614 shares of the apparel retailer’s stock valued at $37,996,000 after purchasing an additional 420,068 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Abercrombie & Fitch by 220.2% in the 2nd quarter. Bank of America Corp DE now owns 606,254 shares of the apparel retailer’s stock valued at $50,228,000 after purchasing an additional 416,924 shares during the period.

Insider Activity

In related news, CEO Fran Horowitz sold 29,769 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $100.00, for a total value of $2,976,900.00. Following the transaction, the chief executive officer directly owned 308,503 shares in the company, valued at approximately $30,850,300. This trade represents a 8.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Over the last ninety days, insiders have sold 350,000 shares of company stock worth $34,661,358. 2.29% of the stock is currently owned by corporate insiders.

Abercrombie & Fitch Price Performance

NYSE ANF opened at $88.28 on Friday. Abercrombie & Fitch Company has a fifty-two week low of $65.40 and a fifty-two week high of $133.11. The stock’s 50-day moving average is $103.93 and its two-hundred day moving average is $93.36. The firm has a market cap of $4.05 billion, a P/E ratio of 8.38 and a beta of 1.17.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $3.68 EPS for the quarter, beating analysts’ consensus estimates of $3.56 by $0.12. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The business had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the prior year, the firm posted $3.57 EPS. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. 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. On average, equities analysts expect that Abercrombie & Fitch Company will post 10.62 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on ANF shares. Zacks Research upgraded shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. UBS Group decreased their price objective on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating for the company in a research note on Monday, February 23rd. Wall Street Zen raised Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. BTIG Research restated a “buy” rating and set a $120.00 price objective on shares of Abercrombie & Fitch in a research report on Thursday. Finally, Jefferies Financial Group dropped their target price on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday. Seven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $118.80.

Abercrombie & Fitch 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.