The Manufacturers Life Insurance Company Sells 4,571 Shares of Abercrombie & Fitch Company $ANF

The Manufacturers Life Insurance Company trimmed its position in Abercrombie & Fitch Company (NYSE:ANF) by 9.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,627 shares of the apparel retailer’s stock after selling 4,571 shares during the quarter. The Manufacturers Life Insurance Company owned 0.10% of Abercrombie & Fitch worth $3,986,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its holdings in shares of Abercrombie & Fitch by 181.6% during the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after buying an additional 227 shares in the last quarter. Transamerica Financial Advisors LLC grew its stake in shares of Abercrombie & Fitch by 322.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after acquiring an additional 190 shares in the last quarter. Larson Financial Group LLC increased its position in Abercrombie & Fitch by 120.3% during the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after acquiring an additional 148 shares during the period. Nomura Asset Management Co. Ltd. increased its position in Abercrombie & Fitch by 94.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock worth $44,000 after acquiring an additional 170 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in Abercrombie & Fitch in the 4th quarter worth about $44,000.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ANF. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. BTIG Research reiterated a “buy” rating and issued a $120.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. JPMorgan Chase & Co. boosted their price target on Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Needham & Company LLC reissued a “buy” rating and set a $108.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. Finally, Raymond James Financial set a $92.00 price objective on Abercrombie & Fitch in a research note on Thursday, May 21st. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and a consensus target price of $111.91.

Abercrombie & Fitch Trading Up 1.9%

Shares of NYSE:ANF opened at $112.55 on Friday. The firm has a 50 day moving average of $91.88 and a 200-day moving average of $90.42. The stock has a market capitalization of $5.00 billion, a PE ratio of 10.80 and a beta of 0.90. Abercrombie & Fitch Company has a 12 month low of $65.45 and a 12 month high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) 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 business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the business posted $1.59 EPS. The firm’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. On average, research analysts predict that Abercrombie & Fitch Company will post 10.46 EPS for the current fiscal year.

Insider Buying and Selling at Abercrombie & Fitch

In related news, COO Scott D. Lipesky sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $110.00, for a total value of $1,100,000.00. Following the sale, the chief operating officer directly owned 162,534 shares of the company’s stock, valued at $17,878,740. This trade represents a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is currently owned by corporate insiders.

Abercrombie & Fitch Company Profile

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.