Inceptionr LLC Purchases Shares of 3,002 Abercrombie & Fitch Company $ANF

Inceptionr LLC purchased a new stake in Abercrombie & Fitch Company (NYSE:ANF) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 3,002 shares of the apparel retailer’s stock, valued at approximately $249,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in ANF. Ameritas Advisory Services LLC bought a new stake in Abercrombie & Fitch in the 2nd quarter valued at $38,000. Parallel Advisors LLC increased its holdings in Abercrombie & Fitch by 178.6% during the 2nd quarter. Parallel Advisors LLC now owns 822 shares of the apparel retailer’s stock worth $68,000 after purchasing an additional 527 shares in the last quarter. Bayforest Capital Ltd raised its stake in shares of Abercrombie & Fitch by 102.9% in the 1st quarter. Bayforest Capital Ltd now owns 848 shares of the apparel retailer’s stock valued at $65,000 after purchasing an additional 430 shares during the period. Asset Management One Co. Ltd. raised its stake in shares of Abercrombie & Fitch by 100.9% in the 2nd quarter. Asset Management One Co. Ltd. now owns 864 shares of the apparel retailer’s stock valued at $72,000 after purchasing an additional 434 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Abercrombie & Fitch by 521.1% in the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock valued at $76,000 after purchasing an additional 839 shares in the last quarter.

Insider Activity at Abercrombie & Fitch

In related news, Director Kenneth B. Robinson sold 1,392 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $94.60, for a total transaction of $131,683.20. Following the transaction, the director directly owned 5,880 shares of the company’s stock, valued at approximately $556,248. The trade was a 19.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.29% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on ANF shares. UBS Group increased their price objective on Abercrombie & Fitch from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday. Barclays upped their price target on Abercrombie & Fitch from $84.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Friday. Morgan Stanley raised their price target on shares of Abercrombie & Fitch from $78.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Raymond James Financial set a $105.00 price objective on shares of Abercrombie & Fitch and gave the stock an “outperform” rating in a research report on Thursday, August 28th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $125.00 target price on shares of Abercrombie & Fitch in a report on Tuesday, November 25th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $107.33.

Abercrombie & Fitch Price Performance

Abercrombie & Fitch stock opened at $98.05 on Friday. The company’s 50-day moving average is $76.10 and its 200-day moving average is $84.07. The firm has a market capitalization of $4.61 billion, a PE ratio of 9.28 and a beta of 1.44. Abercrombie & Fitch Company has a fifty-two week low of $65.40 and a fifty-two week high of $164.80.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Tuesday, November 25th. The apparel retailer reported $2.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.22. Abercrombie & Fitch had a net margin of 10.61% and a return on equity of 40.02%. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same period last year, the business posted $2.50 EPS. Abercrombie & Fitch’s revenue was up 6.8% on a year-over-year basis. Abercrombie & Fitch has set its Q4 2025 guidance at 3.400-3.70 EPS. FY 2025 guidance at 10.200-10.500 EPS. As a group, analysts expect that Abercrombie & Fitch Company will post 10.62 EPS for the current year.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.