Abercrombie & Fitch’s (ANF) Market Perform Rating Reiterated at Raymond James Financial

Raymond James Financial reissued their market perform rating on shares of Abercrombie & Fitch (NYSE:ANF) in a research note issued to investors on Tuesday morning, Marketbeat reports.

A number of other brokerages also recently weighed in on ANF. Barclays upgraded Abercrombie & Fitch from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $78.00 to $114.00 in a report on Tuesday, August 11th. UBS Group restated a “buy” rating and set a $153.00 price objective (up from $136.00) on shares of Abercrombie & Fitch in a research note on Wednesday, August 12th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $124.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, August 12th. JPMorgan Chase & Co. boosted their target price on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Finally, Needham & Company LLC restated a “buy” rating and issued a $108.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $119.27.

Abercrombie & Fitch Stock Performance

NYSE:ANF opened at $104.73 on Tuesday. The company has a market capitalization of $4.65 billion, a price-to-earnings ratio of 10.05 and a beta of 0.90. Abercrombie & Fitch has a one year low of $65.45 and a one year high of $133.11. The stock has a 50-day simple moving average of $97.16 and a 200 day simple moving average of $91.09.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the prior year, the firm posted $1.59 earnings per share. Abercrombie & Fitch’s revenue for the quarter was up 1.5% compared to the same quarter last year. 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. On average, equities research analysts forecast that Abercrombie & Fitch will post 10.5 EPS for the current fiscal year.

Insider Buying and Selling at Abercrombie & Fitch

In related news, COO Scott D. Lipesky sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $115.00, for a total value of $1,150,000.00. Following the sale, 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 30,000 shares of company stock worth $3,300,000. 2.33% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ANF. Quantitative Investment Management LLC acquired a new stake in Abercrombie & Fitch in the second quarter worth $299,000. Public Employees Retirement System of Ohio acquired a new position in shares of Abercrombie & Fitch during the second quarter valued at $108,000. Handelsbanken Fonder AB boosted its holdings in shares of Abercrombie & Fitch by 9.5% during the second quarter. Handelsbanken Fonder AB now owns 15,000 shares of the apparel retailer’s stock valued at $1,350,000 after acquiring an additional 1,300 shares during the period. Waller Financial Planning Group Inc. bought a new position in shares of Abercrombie & Fitch during the second quarter worth about $244,000. Finally, Versant Capital Management Inc grew its position in shares of Abercrombie & Fitch by 29.8% during the second quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock worth $55,000 after acquiring an additional 140 shares during the last quarter.

Abercrombie & Fitch News Summary

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: Expanded NFL partnership could support sales and brand visibility. Abercrombie will offer broader product assortments, expanded distribution through Fanatics, and season-long activations during the 2026 NFL season. The partnership may increase customer reach and provide a marketing boost ahead of the holiday period. Abercrombie & Fitch and NFL Build on Official Fashion Partnership for 2026 Season
• Positive Sentiment: Some analysts see further upside and a possible earnings beat. JPMorgan reportedly expects the stock to rise, while Telsey Advisory maintained its Buy rating. Zacks also cited Abercrombie’s strong earnings-surprise history and favorable indicators ahead of its quarterly report. JPMorgan analyst expects Abercrombie stock to rise
• Neutral Sentiment: Mary Fox joined the board as an independent director. The Lovesac president’s appointment expands Abercrombie’s board from nine to 10 members and adds an executive with experience in operations, marketing, finance and omnichannel retail. The move is strategically supportive but is unlikely to materially change near-term earnings expectations. Abercrombie & Fitch Announces Election of Mary Fox to its Board
• Neutral Sentiment: Second-quarter results are scheduled for August 26. Investors will focus on sales momentum, international performance and management’s outlook. Current expectations call for sales growth led by the Americas and Asia-Pacific regions. Abercrombie to Report Q2 Earnings: Trends Investors Should Watch
• Negative Sentiment: Margin and valuation concerns are limiting enthusiasm. Tariffs, freight costs and ongoing investments could pressure quarterly margins and earnings. Raymond James retained a Market Perform rating, and noted that the post-first-quarter rally increases the risk of caution ahead of results. Abercrombie post-Q1 rally fuels caution into Q2 results

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.