L2 Asset Management LLC Raises Holdings in Abercrombie & Fitch Company $ANF

L2 Asset Management LLC boosted its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 181.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 9,227 shares of the apparel retailer’s stock after acquiring an additional 5,951 shares during the period. L2 Asset Management LLC’s holdings in Abercrombie & Fitch were worth $1,161,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of ANF. Neo Ivy Capital Management purchased a new position in shares of Abercrombie & Fitch in the 3rd quarter valued at about $1,881,000. Intech Investment Management LLC boosted its position in shares of Abercrombie & Fitch by 60.6% in the 4th quarter. Intech Investment Management LLC now owns 50,942 shares of the apparel retailer’s stock valued at $6,412,000 after purchasing an additional 19,215 shares during the period. Fisher Asset Management LLC lifted its position in Abercrombie & Fitch by 10.5% during the 3rd quarter. Fisher Asset Management LLC now owns 431,351 shares of the apparel retailer’s stock worth $36,902,000 after acquiring an additional 40,914 shares during the period. American Century Companies Inc. lifted its holdings in shares of Abercrombie & Fitch by 41.2% in the 3rd quarter. American Century Companies Inc. now owns 1,176,990 shares of the apparel retailer’s stock valued at $100,691,000 after buying an additional 343,288 shares during the period. Finally, Elo Mutual Pension Insurance Co acquired a new stake in shares of Abercrombie & Fitch in the 3rd quarter valued at approximately $1,191,000.

Abercrombie & Fitch Stock Performance

Abercrombie & Fitch stock opened at $89.10 on Wednesday. The stock has a fifty day moving average of $83.95 and a two-hundred day moving average of $95.39. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of 8.55 and a beta of 0.92. Abercrombie & Fitch Company has a fifty-two week low of $65.45 and a fifty-two week high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.21. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.Abercrombie & Fitch’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.59 earnings per share. 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. On average, analysts forecast that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on ANF shares. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. Jefferies Financial Group reduced their price target on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. Barclays raised their price target on Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a report on Thursday, May 28th. UBS Group reduced their price target on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a report on Thursday, May 28th. Finally, Telsey Advisory Group reduced their price target on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a report on Thursday, May 28th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Abercrombie & Fitch has a consensus rating of “Moderate Buy” and a consensus price target of $112.64.

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.