Nicholas Investment Partners LP Invests $16.39 Million in Abercrombie & Fitch Company $ANF

Nicholas Investment Partners LP acquired a new stake in shares of Abercrombie & Fitch Company (NYSE:ANF) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 130,197 shares of the apparel retailer’s stock, valued at approximately $16,388,000. Abercrombie & Fitch comprises approximately 1.2% of Nicholas Investment Partners LP’s holdings, making the stock its 17th biggest holding. Nicholas Investment Partners LP owned about 0.28% of Abercrombie & Fitch as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Abercrombie & Fitch by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock valued at $601,841,000 after buying an additional 94,697 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Abercrombie & Fitch by 1.1% during the second quarter. AQR Capital Management LLC now owns 1,978,142 shares of the apparel retailer’s stock valued at $163,889,000 after buying an additional 22,215 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Abercrombie & Fitch by 5,749.6% during the third quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock valued at $102,148,000 after buying an additional 1,173,601 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Abercrombie & Fitch by 41.2% during the third 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 last quarter. Finally, Boston Partners grew its holdings in shares of Abercrombie & Fitch by 102.5% during the third quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock valued at $92,940,000 after buying an additional 553,889 shares during the last quarter.

Abercrombie & Fitch Stock Performance

NYSE:ANF opened at $90.60 on Friday. Abercrombie & Fitch Company has a one year low of $65.45 and a one year high of $133.11. The firm has a market cap of $4.03 billion, a price-to-earnings ratio of 8.69 and a beta of 0.92. The firm’s fifty day moving average is $84.04 and its two-hundred day moving average is $95.22.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, beating the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the company earned $1.59 earnings per share. The firm’s revenue was up 1.5% on a year-over-year basis. 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. As a group, equities research analysts predict that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ANF. Telsey Advisory Group dropped their price objective on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, May 28th. JPMorgan Chase & Co. boosted their price objective on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. Barclays boosted their price objective on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the company an “underweight” rating in a report on Thursday, May 28th. Finally, Jefferies Financial Group dropped their price objective on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, March 4th. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $112.64.

About Abercrombie & Fitch

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.