Legato Capital Management LLC Buys Shares of 30,412 Abercrombie & Fitch Company $ANF

Legato Capital Management LLC purchased a new stake in Abercrombie & Fitch Company (NYSE:ANF) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 30,412 shares of the apparel retailer’s stock, valued at approximately $3,828,000.

Other institutional investors have also modified their holdings of the company. AE Wealth Management LLC bought a new stake in shares of Abercrombie & Fitch in the 3rd quarter valued at about $4,227,000. Retirement Systems of Alabama boosted its holdings in shares of Abercrombie & Fitch by 9.0% in the 3rd quarter. Retirement Systems of Alabama now owns 157,175 shares of the apparel retailer’s stock valued at $13,446,000 after buying an additional 12,942 shares in the last quarter. AlphaQuest LLC bought a new stake in shares of Abercrombie & Fitch in the 3rd quarter valued at about $1,189,000. Neo Ivy Capital Management bought a new stake in shares of Abercrombie & Fitch in the 3rd quarter valued at about $1,881,000. Finally, Fisher Asset Management LLC boosted its holdings in shares of Abercrombie & Fitch by 10.5% in the 3rd quarter. Fisher Asset Management LLC now owns 431,351 shares of the apparel retailer’s stock valued at $36,902,000 after buying an additional 40,914 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ANF. BTIG Research restated a “buy” rating and issued a $120.00 price target on shares of Abercrombie & Fitch in a report on Thursday, March 5th. Jefferies Financial Group lowered their price target on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, March 4th. Barclays lowered their price target on shares of Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating on the stock in a report on Thursday, March 5th. Wall Street Zen cut shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Finally, Raymond James Financial set a $92.00 price target on shares of Abercrombie & Fitch in a report on Thursday. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $116.00.

Abercrombie & Fitch Stock Up 0.9%

ANF stock opened at $77.20 on Friday. The firm has a 50 day moving average of $86.28 and a 200 day moving average of $94.15. The stock has a market capitalization of $3.45 billion, a PE ratio of 7.32 and a beta of 0.97. Abercrombie & Fitch Company has a 52 week low of $65.45 and a 52 week high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last released its earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 EPS for the quarter, topping analysts’ consensus estimates of $3.56 by $0.12. The company had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. Abercrombie & Fitch’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period last year, the business earned $3.57 EPS. 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 research analysts expect that Abercrombie & Fitch Company will post 10.66 earnings per share for the current year.

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.