Abercrombie & Fitch Company $ANF Shares Purchased by L2 Asset Management LLC

L2 Asset Management LLC increased its position in shares of Abercrombie & Fitch Company (NYSE:ANF) by 181.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,227 shares of the apparel retailer’s stock after purchasing an additional 5,951 shares during the quarter. L2 Asset Management LLC’s holdings in Abercrombie & Fitch were worth $1,161,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Abercrombie & Fitch by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock worth $601,841,000 after purchasing an additional 94,697 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Abercrombie & Fitch by 1.1% during the second quarter. AQR Capital Management LLC now owns 1,978,142 shares of the apparel retailer’s stock worth $163,889,000 after purchasing an additional 22,215 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Abercrombie & Fitch by 5,749.6% during the third quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock worth $102,148,000 after purchasing an additional 1,173,601 shares during the period. American Century Companies Inc. lifted its holdings in shares of Abercrombie & Fitch by 41.2% during the third quarter. American Century Companies Inc. now owns 1,176,990 shares of the apparel retailer’s stock worth $100,691,000 after purchasing an additional 343,288 shares during the period. Finally, Boston Partners lifted its holdings in shares of Abercrombie & Fitch by 102.5% during the third quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock worth $92,940,000 after purchasing an additional 553,889 shares during the period.

Abercrombie & Fitch Trading Down 2.2%

Shares of NYSE:ANF opened at $89.10 on Wednesday. The company has a market capitalization of $3.96 billion, a PE ratio of 8.55 and a beta of 0.92. Abercrombie & Fitch Company has a 12-month low of $65.45 and a 12-month high of $133.11. The business has a 50 day moving average of $83.95 and a two-hundred day moving average of $95.39.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, topping the consensus estimate of $1.26 by $0.21. The firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.59 earnings per share. 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. Equities research analysts predict that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

Analyst Ratings Changes

ANF has been the subject of a number of research reports. UBS Group decreased their target price on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a report on Thursday, May 28th. JPMorgan Chase & Co. lifted their target price on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Telsey Advisory Group decreased their target price on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a report on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. Finally, Wall Street Zen downgraded Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $112.64.

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.