18,984 Abercrombie & Fitch Company $ANF Shares Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP boosted its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 13,756.5% during the third quarter, Holdings Channel.com reports. The fund owned 19,122 shares of the apparel retailer’s stock after acquiring an additional 18,984 shares during the period. Fulcrum Asset Management LLP’s holdings in Abercrombie & Fitch were worth $2,555,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its position in shares of Abercrombie & Fitch by 15.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock valued at $145,823,000 after acquiring an additional 208,709 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Abercrombie & Fitch by 41.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,310,296 shares of the apparel retailer’s stock worth $119,722,000 after purchasing an additional 384,845 shares in the last quarter. Bank of America Corp DE increased its position in shares of Abercrombie & Fitch by 12.3% in the first quarter. Bank of America Corp DE now owns 486,134 shares of the apparel retailer’s stock worth $44,418,000 after purchasing an additional 53,161 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of Abercrombie & Fitch by 30.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 257,474 shares of the apparel retailer’s stock worth $24,269,000 after purchasing an additional 60,454 shares during the period. Finally, Baird Financial Group Inc. bought a new position in shares of Abercrombie & Fitch in the second quarter worth $20,035,000.

Insider Activity at Abercrombie & Fitch

In related news, EVP Gregory J. Henchel sold 30,000 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $146.65, for a total value of $4,399,500.00. Following the completion of the transaction, the executive vice president owned 33,681 shares of the company’s stock, valued at $4,939,318.65. This represents a 47.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Jay Rust sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $147.50, for a total transaction of $737,500.00. Following the completion of the sale, the executive vice president owned 15,651 shares in the company, valued at $2,308,522.50. This represents a 24.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 42,800 shares of company stock valued at $6,295,392. Company insiders own 2.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ANF. 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. Telsey Advisory Group upped their price target on shares of Abercrombie & Fitch from $118.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, August 27th. Jefferies Financial Group set a $175.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, August 26th. Barclays lifted their price objective on shares of Abercrombie & Fitch from $114.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, August 27th. Finally, Argus raised shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 price objective on the stock in a research note on Monday, August 31st. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Abercrombie & Fitch has a consensus rating of “Moderate Buy” and an average price target of $158.64.

Abercrombie & Fitch Stock Up 0.9%

NYSE:ANF opened at $154.24 on Wednesday. Abercrombie & Fitch Company has a twelve month low of $65.45 and a twelve month high of $172.00. The stock’s 50-day simple moving average is $147.85 and its 200 day simple moving average is $106.90. The firm has a market capitalization of $6.54 billion, a PE ratio of 13.21, a price-to-earnings-growth ratio of 1.34 and a beta of 1.01.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, topping the consensus estimate of $1.99 by $2.18. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%. The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, analysts anticipate that Abercrombie & Fitch Company will post 11.42 EPS for the current fiscal year.

Abercrombie & Fitch Profile

Abercrombie & Fitch Co. is a global specialty retailer of apparel and accessories. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products for women, men and children that include clothing, footwear, accessories and personal-care items. The company sells through retail stores and digital channels, serving customers in North America and international markets. It traces its origins to 1892, when David T. Abercrombie founded an outfitting business in New York; Ezra Fitch joined the company in 1900.