Abercrombie & Fitch (NYSE:ANF) Price Target Raised to $134.00

Abercrombie & Fitch (NYSE:ANF) had its price target increased by Morgan Stanley from $87.00 to $134.00 in a research report released on Thursday, Marketbeat reports. They currently have an equal weight rating on the apparel retailer’s stock.

ANF has been the topic of a number of other reports. UBS Group reaffirmed a “buy” rating and issued a $153.00 price objective (up from $136.00) on shares of Abercrombie & Fitch in a research note on Wednesday, August 12th. Barclays increased 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 report on Thursday. The Goldman Sachs Group restated a “buy” rating and set a $124.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, August 12th. BTIG Research upped their price objective on shares of Abercrombie & Fitch from $120.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. increased their price objective on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 18th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Abercrombie & Fitch presently has an average rating of “Hold” and a consensus price target of $153.45.

Abercrombie & Fitch Stock Up 1.6%

NYSE ANF opened at $148.05 on Thursday. The company has a market capitalization of $6.58 billion, a price-to-earnings ratio of 12.68 and a beta of 0.90. Abercrombie & Fitch has a twelve month low of $65.45 and a twelve month high of $154.58. The stock has a fifty day simple moving average of $102.03 and a 200 day simple moving average of $92.34.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, topping 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 firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the previous year, the business earned $2.91 EPS. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. 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. Research analysts expect that Abercrombie & Fitch will post 11.4 earnings per share for the current fiscal year.

Insider Buying and Selling at Abercrombie & Fitch

In other news, COO Scott D. Lipesky sold 10,000 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the transaction, the chief operating officer owned 152,534 shares of the company’s stock, valued at $17,541,410. This represents a 6.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 30,000 shares of company stock worth $3,300,000 in the last quarter. 2.33% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Abercrombie & Fitch by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock valued at $601,841,000 after acquiring an additional 94,697 shares during the period. California State Teachers Retirement System raised its position in shares of Abercrombie & Fitch by 8,792.9% during the second quarter. California State Teachers Retirement System now owns 4,671,519 shares of the apparel retailer’s stock worth $420,483,000 after purchasing an additional 4,618,988 shares during the period. AQR Capital Management LLC raised its position in shares of Abercrombie & Fitch by 56.0% during the fourth quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock worth $315,209,000 after purchasing an additional 898,884 shares during the period. Bbfit Investments PTE Ltd. bought a new position in shares of Abercrombie & Fitch in the 4th quarter worth $205,539,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Abercrombie & Fitch by 15.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock worth $145,823,000 after purchasing an additional 208,709 shares in the last quarter.

Key Stories Impacting Abercrombie & Fitch

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

• Positive Sentiment: Strong Q2 earnings beat: Abercrombie reported record quarterly sales of approximately $1.27 billion and earnings of $4.17 per share, well above the $1.99 consensus estimate. Revenue grew 4.8% year over year, marking the company’s 15th consecutive quarter of sales growth. Abercrombie’s Shares Rise 36% on Q2 Earnings Beat on Tariff Refunds
• Positive Sentiment: Higher outlook and tariff benefit: Management raised its fiscal 2026 expectations for sales, margins and EPS, helped in part by roughly $100 million in tariff refunds. The improved guidance suggests profitability is holding up despite ongoing cost and trade-policy risks. Abercrombie & Fitch beats Q2 expectations, lifts guidance and raises buyback target
• Positive Sentiment: Shareholder returns remain a catalyst: Abercrombie has a debt-free balance sheet, substantial cash and plans for at least $500 million in share repurchases. Analysts at Telsey Advisory and Needham raised their price targets to $165 and maintained bullish ratings. Abercrombie & Fitch: Strength Is Being Rewarded, But There’s Still Plenty Of Room To Run
• Neutral Sentiment: Analyst views are diverging: Morgan Stanley raised its target to $134 but retained an Equal Weight rating, while Citi Research said the post-earnings rally leaves ANF looking fully valued. These views could limit additional upside after the stock reached a new one-year high. Abercrombie & Fitch post-Q2 rally leaves stock looking fully valued

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.