Abercrombie & Fitch (NYSE:ANF) EVP Gregory Henchel Sells 30,000 Shares of Stock

Abercrombie & Fitch Company (NYSE:ANF) EVP Gregory Henchel sold 30,000 shares of Abercrombie & Fitch stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $146.65, for a total transaction of $4,399,500.00. Following the completion of the transaction, the executive vice president owned 33,681 shares of the company’s stock, valued at $4,939,318.65. This trade represents a 47.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Abercrombie & Fitch Stock Down 1.8%

NYSE:ANF opened at $140.54 on Wednesday. Abercrombie & Fitch Company has a 52 week low of $65.45 and a 52 week high of $154.58. The company has a fifty day simple moving average of $104.28 and a two-hundred day simple moving average of $93.04. The company has a market cap of $6.24 billion, a price-to-earnings ratio of 12.03, a price-to-earnings-growth ratio of 1.26 and a beta of 0.97.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $2.18. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same quarter last year, the company earned $2.91 EPS. Abercrombie & Fitch’s revenue for the quarter 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. On average, analysts expect that Abercrombie & Fitch Company will post 11.4 EPS for the current year.

Institutional Trading of Abercrombie & Fitch

A number of hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Abercrombie & Fitch by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock valued at $2,254,000 after purchasing an additional 892 shares during the period. Jones Financial Companies Lllp raised its position in Abercrombie & Fitch by 521.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock worth $76,000 after buying an additional 839 shares during the last quarter. United Services Automobile Association acquired a new stake in shares of Abercrombie & Fitch in the 1st quarter worth $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Abercrombie & Fitch by 8.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock worth $9,729,000 after acquiring an additional 10,459 shares during the period. Finally, Sivia Capital Partners LLC purchased a new stake in Abercrombie & Fitch in the 2nd quarter valued at approximately $348,000.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. The Goldman Sachs Group set a $160.00 price target on Abercrombie & Fitch in a report on Thursday, August 27th. JPMorgan Chase & Co. raised their price objective on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the stock a “neutral” rating in a report on Tuesday, August 18th. BTIG Research upped their target price on shares of Abercrombie & Fitch from $120.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 26th. Citigroup lowered shares of Abercrombie & Fitch from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $135.00 to $156.00 in a research note on Thursday, August 27th. Finally, Jefferies Financial Group set a $175.00 target price on Abercrombie & Fitch in a research report on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $154.17.

Key Abercrombie & Fitch News

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

• Positive Sentiment: Strong earnings and brand performance: Abercrombie reported quarterly earnings of $4.17 per share, well above the $1.99 consensus, while revenue reached $1.27 billion. The Abercrombie brand grew 8% year over year, and Hollister continued attracting customers, including through its presence in more than 1,500 Target stores. Management also raised its outlook and authorized a new share-repurchase program. Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
• Positive Sentiment: Argus upgrade: Argus raised Abercrombie & Fitch from Hold to Buy and set a $162 price target, arguing that both Hollister and the namesake brand now provide sustainable growth drivers. Abercrombie & Fitch gains after Argus says hot streak can continue
• Positive Sentiment: Improving estimates: Upward earnings revisions and generally optimistic Wall Street recommendations are supporting the view that ANF’s recent rally may continue. Surging Earnings Estimates Signal Upside for Abercrombie Stock
• Neutral Sentiment: International exposure: Investors are assessing how international revenue trends, currency movements and overseas demand could affect future forecasts and growth. Understanding Abercrombie Reliance on International Revenue
• Negative Sentiment: Valuation and earnings-quality concerns: Citi downgraded ANF to Neutral, noting that a roughly $100 million tariff refund materially benefited the latest quarter but is not recurring. After the stock’s sharp rally, its earnings multiple has risen above 12 from about 7 a year ago, leaving less room for execution mistakes. Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
• Negative Sentiment: Insider selling: Three executives and a director sold a combined 40,800 shares for approximately $6.0 million on August 28. The largest transaction was EVP Gregory Henchel’s 30,000-share sale, reducing his ownership by 47.11%; the sales may add caution after the strong advance.

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.