The Manufacturers Life Insurance Company Sells 4,571 Shares of Abercrombie & Fitch Company $ANF

The Manufacturers Life Insurance Company cut its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 9.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,627 shares of the apparel retailer’s stock after selling 4,571 shares during the period. The Manufacturers Life Insurance Company’s holdings in Abercrombie & Fitch were worth $3,986,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of ANF. Vanguard Group Inc. grew its position in Abercrombie & Fitch by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock worth $601,841,000 after acquiring an additional 94,697 shares during the last quarter. AQR Capital Management LLC raised its position in Abercrombie & Fitch by 56.0% in the fourth quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock valued at $315,209,000 after purchasing an additional 898,884 shares during the last quarter. Bbfit Investments PTE Ltd. acquired a new stake in shares of Abercrombie & Fitch during the fourth quarter valued at about $205,539,000. Dimensional Fund Advisors LP boosted its stake in shares of Abercrombie & Fitch by 15.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock valued at $145,823,000 after purchasing an additional 208,709 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Abercrombie & Fitch by 41.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,310,296 shares of the apparel retailer’s stock valued at $119,722,000 after purchasing an additional 384,845 shares in the last quarter.

Insider Buying and Selling at Abercrombie & Fitch

In other news, COO Scott D. Lipesky sold 10,000 shares of the 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 sale, the chief operating officer directly owned 162,534 shares in the company, valued at $17,878,740. This 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. 2.33% of the stock is currently owned by company insiders.

Abercrombie & Fitch Price Performance

Abercrombie & Fitch stock opened at $112.55 on Friday. The stock’s 50 day moving average is $91.88 and its 200 day moving average is $90.42. Abercrombie & Fitch Company has a one year low of $65.45 and a one year high of $133.11. The firm has a market cap of $5.00 billion, a P/E ratio of 10.80 and a beta of 0.90.

Abercrombie & Fitch (NYSE:ANF) last released its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, beating 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 the consensus estimate of $1.12 billion. During the same quarter in the prior year, the firm posted $1.59 EPS. The company’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. Equities analysts anticipate that Abercrombie & Fitch Company will post 10.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ANF shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $108.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Raymond James Financial set a $92.00 target price on shares of Abercrombie & Fitch in a research report on Thursday, May 21st. BTIG Research restated a “buy” rating and issued a $120.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. UBS Group dropped their price target on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research note on Thursday, May 28th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $87.00 price target on shares of Abercrombie & Fitch in a report on Monday, July 6th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $111.91.

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.