Abercrombie & Fitch Company $ANF Shares Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in Abercrombie & Fitch Company (NYSE:ANF) by 33.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 12,100 shares of the apparel retailer’s stock after acquiring an additional 3,000 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Abercrombie & Fitch were worth $1,630,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ANF. Dimensional Fund Advisors LP increased its stake in shares of Abercrombie & Fitch by 15.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock worth $145,823,000 after purchasing an additional 208,709 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Abercrombie & Fitch by 41.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,310,296 shares of the apparel retailer’s stock valued at $119,722,000 after purchasing an additional 384,845 shares during the period. Bank of America Corp DE raised its position in shares of Abercrombie & Fitch by 12.3% in the first quarter. Bank of America Corp DE now owns 486,134 shares of the apparel retailer’s stock valued at $44,418,000 after purchasing an additional 53,161 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Abercrombie & Fitch by 30.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 257,474 shares of the apparel retailer’s stock valued at $24,269,000 after buying an additional 60,454 shares in the last quarter. Finally, Baird Financial Group Inc. purchased a new stake in shares of Abercrombie & Fitch during the 2nd quarter valued at approximately $20,035,000.

Insiders Place Their Bets

In related news, EVP Gregory J. Henchel sold 30,000 shares of the company’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 value of $4,399,500.00. Following the transaction, the executive vice president directly owned 33,681 shares in the company, valued at approximately $4,939,318.65. This represents a 47.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jay Rust sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $147.50, for a total transaction of $737,500.00. Following the completion of the sale, the executive vice president directly owned 15,651 shares in the company, valued at $2,308,522.50. This represents a 24.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 52,800 shares of company stock worth $7,445,392. Insiders own 2.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Citigroup cut Abercrombie & Fitch from a “buy” rating to a “neutral” rating and upped their price target for the company from $135.00 to $156.00 in a research report on Thursday, August 27th. Jefferies Financial Group set a $175.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, August 26th. The Goldman Sachs Group set a $160.00 price objective on shares of Abercrombie & Fitch in a research report on Thursday, August 27th. BTIG Research reaffirmed a “buy” rating and set a $175.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, October 7th. Finally, BMO Capital Markets assumed coverage on shares of Abercrombie & Fitch in a research note on Tuesday, September 8th. They set an “outperform” rating and a $170.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Abercrombie & Fitch has a consensus rating of “Moderate Buy” and a consensus target price of $157.21.

Abercrombie & Fitch Stock Performance

NYSE:ANF opened at $170.67 on Thursday. The firm has a market capitalization of $7.24 billion, a price-to-earnings ratio of 14.61, a P/E/G ratio of 1.38 and a beta of 1.01. Abercrombie & Fitch Company has a 52-week low of $65.45 and a 52-week high of $171.83. The stock has a fifty day moving average of $147.29 and a 200 day moving average of $105.83.

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

Abercrombie & Fitch Company Profile

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.