Brighton Jones LLC Makes New Investment in Abercrombie & Fitch Company $ANF

Brighton Jones LLC purchased a new stake in shares of Abercrombie & Fitch Company (NYSE:ANF) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,367 shares of the apparel retailer’s stock, valued at approximately $992,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ethic Inc. acquired a new stake in Abercrombie & Fitch during the 3rd quarter worth approximately $749,000. Kestra Advisory Services LLC purchased a new position in Abercrombie & Fitch in the third quarter valued at approximately $1,521,000. Chicago Partners Investment Group LLC raised its holdings in Abercrombie & Fitch by 35.4% in the third quarter. Chicago Partners Investment Group LLC now owns 3,044 shares of the apparel retailer’s stock valued at $474,000 after buying an additional 796 shares during the period. Profund Advisors LLC purchased a new position in Abercrombie & Fitch in the third quarter valued at approximately $237,000. Finally, Vise Technologies Inc. acquired a new position in Abercrombie & Fitch during the third quarter valued at approximately $1,067,000.

Abercrombie & Fitch Price Performance

Shares of ANF stock opened at $152.02 on Thursday. The company’s fifty day moving average price is $148.08 and its two-hundred day moving average price is $107.18. The firm has a market capitalization of $6.45 billion, a P/E ratio of 13.02, a P/E/G ratio of 1.35 and a beta of 1.01. Abercrombie & Fitch Company has a 12 month low of $65.45 and a 12 month high of $172.00.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, beating the consensus estimate of $1.99 by $2.18. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%. The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period last year, the firm earned $2.91 earnings per share. The company’s revenue was up 4.8% on a year-over-year basis. 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, sell-side analysts anticipate that Abercrombie & Fitch Company will post 11.42 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on ANF shares. Wolfe Research started coverage on shares of Abercrombie & Fitch in a research note on Wednesday, October 21st. They set an “outperform” rating and a $181.00 price objective for the company. Barclays raised their target price 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. BMO Capital Markets assumed coverage on shares of Abercrombie & Fitch in a report on Tuesday, September 8th. They set an “outperform” rating and a $170.00 target price on the stock. Argus upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 target price on the stock in a report on Monday, August 31st. Finally, Zacks Research cut shares of Abercrombie & Fitch from a “strong-buy” rating to a “hold” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $159.71.

Insiders Place Their Bets

In other Abercrombie & Fitch news, EVP Gregory J. Henchel sold 30,000 shares of Abercrombie & Fitch stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $146.65, for a total transaction of $4,399,500.00. Following the sale, the executive vice president directly owned 33,681 shares in the company, valued at $4,939,318.65. The trade was a 47.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kenneth B. Robinson sold 800 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $149.69, for a total value of $119,752.00. Following the completion of the transaction, the director directly owned 7,169 shares in the company, valued at approximately $1,073,127.61. The trade was a 10.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 42,800 shares of company stock worth $6,295,392. Company insiders own 2.33% of the company’s stock.

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.