Nicholas Investment Partners LP Purchases Shares of 130,197 Abercrombie & Fitch Company $ANF

Nicholas Investment Partners LP bought a new position in shares of Abercrombie & Fitch Company (NYSE:ANF) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 130,197 shares of the apparel retailer’s stock, valued at approximately $16,388,000. Abercrombie & Fitch makes up approximately 1.2% of Nicholas Investment Partners LP’s portfolio, making the stock its 17th biggest position.

Several other hedge funds have also modified their holdings of ANF. Wellington Management Group LLP boosted its stake in shares of Abercrombie & Fitch by 5,749.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock worth $102,148,000 after acquiring an additional 1,173,601 shares in the last quarter. Norges Bank purchased a new stake in shares of Abercrombie & Fitch during the 4th quarter worth about $98,961,000. M&T Bank Corp purchased a new stake in shares of Abercrombie & Fitch during the 4th quarter worth about $86,383,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Abercrombie & Fitch by 195.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 925,451 shares of the apparel retailer’s stock worth $116,487,000 after acquiring an additional 611,743 shares in the last quarter. Finally, Boston Partners boosted its stake in shares of Abercrombie & Fitch by 102.5% during the 3rd quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock worth $92,940,000 after acquiring an additional 553,889 shares in the last quarter.

Abercrombie & Fitch Stock Down 0.0%

ANF opened at $90.60 on Friday. Abercrombie & Fitch Company has a twelve month low of $65.45 and a twelve month high of $133.11. The company has a 50-day moving average price of $84.04 and a 200 day moving average price of $95.22. The company has a market cap of $4.03 billion, a PE ratio of 8.69 and a beta of 0.92.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the firm earned $1.59 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. 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. As a group, sell-side analysts expect that Abercrombie & Fitch Company will post 10.62 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ANF has been the topic of several recent analyst reports. Needham & Company LLC reissued a “buy” rating and set a $108.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. UBS Group lowered their target price on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating on the stock in a research note on Thursday, May 28th. Telsey Advisory Group lowered their target price on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a research note on Thursday, May 28th. Barclays increased their target price on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the stock an “underweight” rating in a research note on Thursday, May 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. Eight investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Abercrombie & Fitch has a consensus rating of “Moderate Buy” and an average price target of $112.64.

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.