Royal Bank of Canada Purchases 10,854 Shares of Abercrombie & Fitch Company $ANF

Royal Bank of Canada grew its position in Abercrombie & Fitch Company (NYSE:ANF) by 26.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 51,857 shares of the apparel retailer’s stock after purchasing an additional 10,854 shares during the quarter. Royal Bank of Canada’s holdings in Abercrombie & Fitch were worth $4,737,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Transamerica Financial Advisors LLC increased its stake in shares of Abercrombie & Fitch by 322.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after buying an additional 190 shares during the period. Larson Financial Group LLC lifted its stake in Abercrombie & Fitch by 120.3% in 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. Caitong International Asset Management Co. Ltd purchased a new stake in Abercrombie & Fitch in the fourth quarter worth about $44,000. Nomura Asset Management Co. Ltd. grew its holdings in Abercrombie & Fitch by 94.4% during the 4th 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 in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in Abercrombie & Fitch by 181.6% during the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after acquiring an additional 227 shares in the last quarter.

Analyst Upgrades and Downgrades

ANF has been the subject of several recent research reports. Needham & Company LLC restated a “buy” rating and issued a $108.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Morgan Stanley reiterated an “equal weight” rating and set a $87.00 price objective on shares of Abercrombie & Fitch in a research note on Monday, July 6th. BTIG Research reissued a “buy” rating and set a $120.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. UBS Group reissued a “buy” rating and issued a $153.00 price objective (up from $136.00) on shares of Abercrombie & Fitch in a research note on Wednesday. Finally, Telsey Advisory Group dropped their target price on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a research report on Thursday, May 28th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Abercrombie & Fitch currently has an average rating of “Moderate Buy” and a consensus price target of $117.55.

Abercrombie & Fitch Stock Performance

Shares of ANF stock opened at $109.00 on Friday. Abercrombie & Fitch Company has a fifty-two week low of $65.45 and a fifty-two week high of $133.11. The firm has a market capitalization of $4.84 billion, a price-to-earnings ratio of 10.46 and a beta of 0.90. The stock’s 50-day simple moving average is $94.91 and its 200-day simple moving average is $90.78.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, beating the consensus estimate of $1.26 by $0.21. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. Abercrombie & Fitch’s revenue was up 1.5% on a year-over-year basis. During the same period last year, the firm posted $1.59 EPS. 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, equities analysts forecast that Abercrombie & Fitch Company will post 10.46 earnings per share for the current year.

Insider Transactions at Abercrombie & Fitch

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 10,000 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $115.00, for a total value of $1,150,000.00. Following the completion of the transaction, the chief operating officer owned 152,534 shares of the company’s stock, valued at approximately $17,541,410. This trade represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders have sold 30,000 shares of company stock worth $3,300,000. Corporate insiders own 2.33% of the company’s stock.

Abercrombie & Fitch 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.