Principal Financial Group Inc. Has $9.54 Million Stock Position in Abercrombie & Fitch Company $ANF

Principal Financial Group Inc. lessened its holdings in Abercrombie & Fitch Company (NYSE:ANF) by 48.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 104,384 shares of the apparel retailer’s stock after selling 96,799 shares during the period. Principal Financial Group Inc.’s holdings in Abercrombie & Fitch were worth $9,538,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Intech Investment Management LLC raised its stake in shares of Abercrombie & Fitch by 60.6% in the fourth quarter. Intech Investment Management LLC now owns 50,942 shares of the apparel retailer’s stock worth $6,412,000 after purchasing an additional 19,215 shares during the last quarter. Vanguard Group Inc. grew its holdings in Abercrombie & Fitch by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock worth $601,841,000 after buying an additional 94,697 shares in the last quarter. Royce & Associates LP purchased a new stake in Abercrombie & Fitch in the 4th quarter valued at $9,967,000. Allspring Global Investments Holdings LLC lifted its stake in Abercrombie & Fitch by 45.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 197,020 shares of the apparel retailer’s stock valued at $24,379,000 after acquiring an additional 61,437 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in Abercrombie & Fitch by 142.2% during the 4th quarter. SG Americas Securities LLC now owns 29,692 shares of the apparel retailer’s stock worth $3,737,000 after acquiring an additional 17,431 shares during the last quarter.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ANF. BTIG Research reiterated a “buy” rating and issued a $120.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Barclays boosted their price target on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. UBS Group decreased their price objective on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research note on Thursday, May 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a research report on Tuesday, June 2nd. Finally, Needham & Company LLC restated a “buy” rating and issued a $108.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Eight research 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $111.91.

Abercrombie & Fitch Price Performance

Shares of Abercrombie & Fitch stock opened at $93.82 on Friday. The firm has a market cap of $4.17 billion, a PE ratio of 9.00 and a beta of 0.89. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $133.11. The stock has a fifty day moving average price of $86.07 and a 200-day moving average price of $91.10.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.59 EPS. 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 analysts anticipate that Abercrombie & Fitch Company will post 10.46 EPS for the current fiscal year.

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.