SG Americas Securities LLC Acquires 13,544 Shares of Abercrombie & Fitch Company $ANF

SG Americas Securities LLC raised its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 45.6% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 43,236 shares of the apparel retailer’s stock after purchasing an additional 13,544 shares during the period. SG Americas Securities LLC’s holdings in Abercrombie & Fitch were worth $3,950,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Evolve Private Wealth LLC raised its stake in shares of Abercrombie & Fitch by 15.0% in the first quarter. Evolve Private Wealth LLC now owns 3,748 shares of the apparel retailer’s stock worth $342,000 after purchasing an additional 488 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of Abercrombie & Fitch by 570.6% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 104,936 shares of the apparel retailer’s stock valued at $9,588,000 after buying an additional 89,287 shares during the last quarter. Diversified Trust Co boosted its position in shares of Abercrombie & Fitch by 8.9% during the first quarter. Diversified Trust Co now owns 6,712 shares of the apparel retailer’s stock valued at $613,000 after buying an additional 549 shares during the last quarter. Corient Private Wealth LLC grew its holdings in Abercrombie & Fitch by 34.8% during the fourth quarter. Corient Private Wealth LLC now owns 4,164 shares of the apparel retailer’s stock worth $524,000 after buying an additional 1,074 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Abercrombie & Fitch during the fourth quarter worth $56,000.

Abercrombie & Fitch Trading Down 2.4%

Shares of Abercrombie & Fitch stock opened at $89.28 on Tuesday. The business’s fifty day simple moving average is $82.36 and its 200 day simple moving average is $94.73. Abercrombie & Fitch Company has a 12 month low of $65.45 and a 12 month high of $133.11. The firm has a market capitalization of $3.97 billion, a P/E ratio of 8.57 and a beta of 0.92.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.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 company earned $1.59 EPS. The business’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. Analysts predict that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Analysts Set New Price Targets

ANF has been the topic of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. upped their target price on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. UBS Group lowered their target price on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a report on Thursday, May 28th. Raymond James Financial set a $92.00 price target on shares of Abercrombie & Fitch in a research report on Thursday, May 21st. Finally, Wall Street Zen cut shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Abercrombie & Fitch presently has a consensus rating of “Moderate Buy” and a consensus target price 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.