Moody Aldrich Partners LLC Sells 23,026 Shares of Abercrombie & Fitch Company $ANF

Moody Aldrich Partners LLC reduced its stake in Abercrombie & Fitch Company (NYSE:ANF) by 52.0% during the 3rd quarter, Holdings Channel reports. The fund owned 21,261 shares of the apparel retailer’s stock after selling 23,026 shares during the period. Moody Aldrich Partners LLC’s holdings in Abercrombie & Fitch were worth $2,864,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Maven Securities LTD acquired a new stake in shares of Abercrombie & Fitch during the second quarter worth $1,108,000. Paralel Advisors LLC acquired a new position in shares of Abercrombie & Fitch in the second quarter valued at about $2,278,000. Pacer Advisors Inc. grew its stake in shares of Abercrombie & Fitch by 31.7% in the first quarter. Pacer Advisors Inc. now owns 189,757 shares of the apparel retailer’s stock valued at $17,338,000 after acquiring an additional 45,654 shares in the last quarter. Baird Financial Group Inc. bought a new position in Abercrombie & Fitch during the second quarter worth about $20,035,000. Finally, Engineers Gate Manager LP bought a new position in Abercrombie & Fitch during the second quarter worth about $703,000.

Abercrombie & Fitch Stock Performance

Shares of NYSE ANF opened at $161.31 on Thursday. Abercrombie & Fitch Company has a 52 week low of $65.45 and a 52 week high of $167.09. The stock has a market capitalization of $6.85 billion, a P/E ratio of 13.81, a PEG ratio of 1.36 and a beta of 1.02. The stock’s fifty day moving average is $141.62 and its 200 day moving average is $104.41.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $2.18. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the previous year, the firm earned $2.91 earnings per share. Abercrombie & Fitch’s revenue for the quarter was up 4.8% compared to the same quarter last year. 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 research analysts forecast that Abercrombie & Fitch Company will post 11.42 earnings per share for the current year.

Insider Activity

In other Abercrombie & Fitch news, COO Scott Lipesky sold 10,000 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $115.00, for a total value of $1,150,000.00. Following the transaction, the chief operating officer directly owned 152,534 shares of the company’s stock, valued at $17,541,410. This trade represents a 6.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Gregory Henchel sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $146.65, for a total transaction of $4,399,500.00. Following the transaction, the executive vice president owned 33,681 shares of the company’s stock, valued at approximately $4,939,318.65. This represents a 47.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 62,800 shares of company stock valued at $8,545,392 in the last 90 days. 2.33% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have issued reports on ANF shares. BMO Capital Markets initiated coverage on shares of Abercrombie & Fitch in a report on Tuesday, September 8th. They issued an “outperform” rating and a $170.00 price objective for the company. Jefferies Financial Group set a $175.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, August 26th. JPMorgan Chase & Co. lifted their price target on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the company a “neutral” rating in a research report on Tuesday, August 18th. Morgan Stanley lifted their price target on shares of Abercrombie & Fitch from $87.00 to $134.00 and gave the company an “equal weight” rating in a research report on Thursday, August 27th. Finally, Weiss Ratings upgraded Abercrombie & Fitch from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 16th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $157.21.

About Abercrombie & Fitch

Abercrombie & Fitch Co is a global specialty retailer that sells apparel, accessories and personal-care products through stores and digital channels. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products designed for consumers across a range of life stages and lifestyles.

The company’s offerings include casual clothing, denim, dresses, tops, outerwear, intimates, activewear, swimwear, footwear, accessories and fragrances. Abercrombie & Fitch serves customers through company-operated and franchise stores, as well as branded websites and other digital platforms, in the United States and selected international markets.

Founded in 1892 as an outdoor and sporting-goods retailer, the company later developed into a fashion retailer focused on casual apparel.