Scott Lipesky Sells 10,000 Shares of Abercrombie & Fitch (NYSE:ANF) Stock

Abercrombie & Fitch Company (NYSE:ANF) COO Scott Lipesky sold 10,000 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $110.00, for a total transaction of $1,100,000.00. Following the completion of the transaction, the chief operating officer directly owned 162,534 shares of the company’s stock, valued at approximately $17,878,740. This trade represents a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Abercrombie & Fitch Stock Up 1.9%

Abercrombie & Fitch stock opened at $112.55 on Friday. Abercrombie & Fitch Company has a 52-week low of $65.45 and a 52-week high of $133.11. The firm’s fifty day moving average is $91.88 and its 200 day moving average is $90.42. The company has a market cap of $5.00 billion, a price-to-earnings ratio of 10.80 and a beta of 0.90.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.12 billion. The business’s revenue was up 1.5% on a year-over-year basis. During the same period last year, the company posted $1.59 EPS. 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 anticipate that Abercrombie & Fitch Company will post 10.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ANF shares. Telsey Advisory Group lowered their price objective on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a research note on Thursday, May 28th. UBS Group cut their target price on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating on the stock in a research report on Thursday, May 28th. Weiss Ratings restated a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. JPMorgan Chase & Co. raised their price target on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Finally, Barclays boosted their price objective on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a research report on Thursday, May 28th. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Abercrombie & Fitch currently has an average rating of “Moderate Buy” and an average target price of $111.91.

Institutional Investors Weigh In On Abercrombie & Fitch

Institutional investors have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors LLC raised its holdings in Abercrombie & Fitch by 322.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock worth $31,000 after purchasing an additional 190 shares in the last quarter. Larson Financial Group LLC boosted its holdings in shares of Abercrombie & Fitch by 120.3% in the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 148 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Abercrombie & Fitch in the 4th quarter valued at about $44,000. Nomura Asset Management Co. Ltd. grew its position in shares of Abercrombie & Fitch by 94.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock worth $44,000 after buying an additional 170 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of Abercrombie & Fitch by 181.6% in the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after buying an additional 227 shares during the last quarter.

Abercrombie & Fitch Company 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.