Norges Bank Buys Shares of 786,217 Abercrombie & Fitch Company $ANF

Norges Bank bought a new stake in shares of Abercrombie & Fitch Company (NYSE:ANF) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 786,217 shares of the apparel retailer’s stock, valued at approximately $98,961,000. Norges Bank owned 1.71% of Abercrombie & Fitch as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of ANF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Abercrombie & Fitch by 3.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock valued at $2,254,000 after buying an additional 892 shares during the period. Jones Financial Companies Lllp grew its position in Abercrombie & Fitch by 521.1% during the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock valued at $76,000 after buying an additional 839 shares during the period. United Services Automobile Association bought a new stake in Abercrombie & Fitch during the first quarter valued at approximately $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Abercrombie & Fitch by 8.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock valued at $9,729,000 after buying an additional 10,459 shares during the period. Finally, Sivia Capital Partners LLC bought a new stake in Abercrombie & Fitch during the second quarter valued at approximately $348,000.

Wall Street Analyst Weigh In

ANF has been the subject of several recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Abercrombie & Fitch in a research report on Tuesday. UBS Group cut their target price on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, May 28th. Telsey Advisory Group cut their target price on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a research report on Thursday, May 28th. JPMorgan Chase & Co. boosted their target price on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Finally, Wall Street Zen lowered shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research report on Sunday, March 8th. Eight equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and an average price target of $112.64.

Abercrombie & Fitch Trading Down 3.2%

NYSE ANF opened at $75.21 on Friday. Abercrombie & Fitch Company has a 12 month low of $65.45 and a 12 month high of $133.11. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of 7.22 and a beta of 0.92. The company’s 50 day moving average is $84.48 and its two-hundred day moving average is $94.64.

Abercrombie & Fitch (NYSE:ANF) last released its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter last year, the business earned $1.59 EPS. The firm’s revenue was up 1.5% compared to the same quarter last year. 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. Sell-side analysts forecast that Abercrombie & Fitch Company will post 10.61 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.