Abercrombie & Fitch (NYSE:ANF) COO Scott Lipesky Sells 2,000 Shares

Abercrombie & Fitch Company (NYSE:ANF) COO Scott Lipesky sold 2,000 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $146.82, for a total transaction of $293,640.00. Following the sale, the chief operating officer directly owned 145,534 shares in the company, valued at approximately $21,367,301.88. The trade was a 1.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Abercrombie & Fitch Stock Performance

Shares of Abercrombie & Fitch stock traded up $1.03 on Wednesday, hitting $152.47. The company’s stock had a trading volume of 1,470,179 shares, compared to its average volume of 1,500,909. The company has a market capitalization of $6.77 billion, a price-to-earnings ratio of 13.05, a price-to-earnings-growth ratio of 1.31 and a beta of 0.97. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $155.22. The firm has a fifty day moving average price of $109.93 and a 200-day moving average price of $94.89.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, beating the consensus estimate of $1.99 by $2.18. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.Abercrombie & Fitch’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the company earned $2.91 earnings per share. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. As a group, analysts forecast that Abercrombie & Fitch Company will post 11.4 EPS for the current year.

Analysts Set New Price Targets

ANF has been the subject of a number of research analyst reports. Needham & Company LLC upped their price objective on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, August 26th. Zacks Research upgraded shares of Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 28th. Barclays boosted their target price on shares of Abercrombie & Fitch from $114.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 27th. Citigroup cut Abercrombie & Fitch from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $135.00 to $156.00 in a report on Thursday, August 27th. Finally, Jefferies Financial Group set a $175.00 target price on Abercrombie & Fitch in a report on Wednesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $155.38.

Hedge Funds Weigh In On Abercrombie & Fitch

A number of institutional investors and hedge funds have recently bought and sold shares of ANF. Transamerica Financial Advisors LLC grew its stake in Abercrombie & Fitch by 322.0% during the 4th 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 lifted its stake in Abercrombie & Fitch by 120.3% in the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after purchasing an additional 148 shares in the last quarter. Timbuktu Capital Management LLC acquired a new position in shares of Abercrombie & Fitch during the 2nd quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Abercrombie & Fitch during the 4th quarter worth approximately $44,000. Finally, Nomura Asset Management Co. Ltd. grew its position in shares of Abercrombie & Fitch by 94.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after purchasing an additional 170 shares in the last quarter.

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.