Abercrombie & Fitch (NYSE:ANF) Upgraded by BMO Capital Markets to Strong-Buy Rating

BMO Capital Markets upgraded shares of Abercrombie & Fitch (NYSE:ANF) to a strong-buy rating in a report issued on Tuesday morning,Zacks reports.

Several other equities analysts have also commented on the company. JPMorgan Chase & Co. increased their price objective on Abercrombie & Fitch from $110.00 to $126.00 and gave the company a “neutral” rating in a research report on Tuesday, August 18th. Zacks Research upgraded Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 28th. Morgan Stanley upped their target price on Abercrombie & Fitch from $87.00 to $134.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 27th. BTIG Research increased their price target on shares of Abercrombie & Fitch from $120.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, August 26th. Finally, Needham & Company LLC lifted their price target on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $155.38.

Abercrombie & Fitch Stock Performance

NYSE ANF opened at $143.19 on Tuesday. Abercrombie & Fitch has a 52-week low of $65.45 and a 52-week high of $155.22. The company has a fifty day moving average of $112.15 and a 200-day moving average of $95.61. The company has a market capitalization of $6.08 billion, a P/E ratio of 12.26, a P/E/G ratio of 1.33 and a beta of 0.97.

Abercrombie & Fitch (NYSE:ANF) last released its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 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 business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter in the prior year, the firm earned $2.91 earnings per share. The firm’s revenue was up 4.8% on a year-over-year basis. 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. As a group, analysts forecast that Abercrombie & Fitch will post 11.4 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Jay Rust sold 5,000 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $147.50, for a total value of $737,500.00. Following the completion of the sale, the executive vice president owned 15,651 shares of the company’s stock, valued at approximately $2,308,522.50. The trade was a 24.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Scott Lipesky sold 10,000 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $115.00, for a total value of $1,150,000.00. Following the completion of the sale, the chief operating officer directly 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 disclosure for this sale is available in the SEC filing. Insiders have sold a total of 72,800 shares of company stock worth $9,595,392 in the last ninety days. Corporate insiders own 2.33% of the company’s stock.

Institutional Trading of Abercrombie & Fitch

Several hedge funds and other institutional investors have recently bought and sold shares of ANF. Transamerica Financial Advisors LLC boosted its stake in shares of Abercrombie & Fitch by 322.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after purchasing an additional 190 shares during the period. Larson Financial Group LLC increased its stake in shares of Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after buying an additional 148 shares during the period. Timbuktu Capital Management LLC bought a new stake in Abercrombie & Fitch during the 2nd quarter valued at $29,000. Caitong International Asset Management Co. Ltd bought a new stake in Abercrombie & Fitch during the 4th quarter valued at $44,000. Finally, Nomura Asset Management Co. Ltd. boosted its position in Abercrombie & Fitch by 94.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after buying an additional 170 shares during the period.

Abercrombie & Fitch News Summary

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

• Positive Sentiment: Zacks Research maintained a “Strong Buy” rating and raised several long-term forecasts. Estimates were increased for Q3 2027, Q2–Q4 2028 and FY2028, with FY2028 EPS raised to $12.29 from $11.62. These revisions suggest analysts continue to expect strong future earnings growth. Abercrombie & Fitch analyst estimates
• Neutral Sentiment: Analyst estimates were mixed. Zacks lowered forecasts for Q1 2028 and Q1 2029 EPS but raised estimates for multiple later periods. The overall analyst view remains favorable, while the consensus full-year EPS estimate is $11.40. Abercrombie & Fitch research estimates
• Negative Sentiment: Broad weakness across apparel retailers is weighing on ANF. Reports cited declines in Abercrombie & Fitch and other specialty retailers, including American Eagle, Zumiez, Macy’s and Victoria’s Secret. American Eagle’s results were viewed as flattered by a $161 million tariff refund, raising concerns about the quality and sustainability of apparel-sector earnings. Apparel retailer stock declines
• Negative Sentiment: The company’s COO sold 2,000 shares. Scott Lipesky sold stock worth approximately $293,640 at an average price of $146.82, reducing his position by 1.36%. The relatively small transaction is not necessarily a change in business outlook, but insider selling can add short-term investor caution. Abercrombie & Fitch COO stock sale

About Abercrombie & Fitch

Abercrombie & Fitch Co is a global, omnichannel specialty retailer that sells casual apparel, accessories and personal-care products through company-operated stores and digital channels. The company serves customers through its Abercrombie, abercrombie kids, Hollister and Gilly Hicks brands, which target a range of consumers and lifestyles.

Abercrombie & Fitch offers products including jeans, tops, dresses, outerwear, intimates, sleepwear, swimwear, accessories and fragrances. Its brands operate through retail locations and e-commerce platforms, with sales across North America, Europe, Asia and other international markets.

Founded in 1892 as an outdoor-goods retailer in New York City, the company later developed into a youth-focused apparel retailer and has since broadened its brand portfolio and customer appeal.