Abercrombie & Fitch (NYSE:ANF) EVP Jay Rust Sells 5,000 Shares

Abercrombie & Fitch Company (NYSE:ANF) EVP Jay Rust sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $147.50, for a total value of $737,500.00. Following the completion of the transaction, the executive vice president owned 15,651 shares in the company, valued at approximately $2,308,522.50. This trade represents a 24.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Abercrombie & Fitch Price Performance

Shares of NYSE:ANF opened at $140.54 on Wednesday. Abercrombie & Fitch Company has a 1 year low of $65.45 and a 1 year high of $154.58. The firm has a market capitalization of $6.24 billion, a PE ratio of 12.03, a P/E/G ratio of 1.26 and a beta of 0.97. The business’s 50 day moving average price is $104.28 and its 200-day moving average price is $93.04.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, beating the consensus estimate of $1.99 by $2.18. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.The firm’s revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.91 EPS. 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 expect that Abercrombie & Fitch Company will post 11.4 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ANF. UBS Group raised their price target on shares of Abercrombie & Fitch from $153.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. The Goldman Sachs Group set a $160.00 price objective on shares of Abercrombie & Fitch in a research note on Thursday, August 27th. Needham & Company LLC increased their price objective on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, August 26th. Zacks Research raised shares of Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 28th. Finally, Jefferies Financial Group set a $175.00 target price on Abercrombie & Fitch in a report on Wednesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $154.17.

Trending Headlines about Abercrombie & Fitch

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

• Positive Sentiment: Strong earnings and brand performance: Abercrombie reported quarterly earnings of $4.17 per share, well above the $1.99 consensus, while revenue reached $1.27 billion. The Abercrombie brand grew 8% year over year, and Hollister continued attracting customers, including through its presence in more than 1,500 Target stores. Management also raised its outlook and authorized a new share-repurchase program. Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
• Positive Sentiment: Argus upgrade: Argus raised Abercrombie & Fitch from Hold to Buy and set a $162 price target, arguing that both Hollister and the namesake brand now provide sustainable growth drivers. Abercrombie & Fitch gains after Argus says hot streak can continue
• Positive Sentiment: Improving estimates: Upward earnings revisions and generally optimistic Wall Street recommendations are supporting the view that ANF’s recent rally may continue. Surging Earnings Estimates Signal Upside for Abercrombie Stock
• Neutral Sentiment: International exposure: Investors are assessing how international revenue trends, currency movements and overseas demand could affect future forecasts and growth. Understanding Abercrombie Reliance on International Revenue
• Negative Sentiment: Valuation and earnings-quality concerns: Citi downgraded ANF to Neutral, noting that a roughly $100 million tariff refund materially benefited the latest quarter but is not recurring. After the stock’s sharp rally, its earnings multiple has risen above 12 from about 7 a year ago, leaving less room for execution mistakes. Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
• Negative Sentiment: Insider selling: Three executives and a director sold a combined 40,800 shares for approximately $6.0 million on August 28. The largest transaction was EVP Gregory Henchel’s 30,000-share sale, reducing his ownership by 47.11%; the sales may add caution after the strong advance.

Institutional Investors Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System raised its stake in Abercrombie & Fitch by 8,792.9% during the second quarter. California State Teachers Retirement System now owns 4,671,519 shares of the apparel retailer’s stock worth $420,483,000 after purchasing an additional 4,618,988 shares during the period. Bbfit Investments PTE Ltd. purchased a new stake in shares of Abercrombie & Fitch in the 4th quarter valued at approximately $205,539,000. Wellington Management Group LLP increased its holdings in shares of Abercrombie & Fitch by 5,749.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock worth $102,148,000 after buying an additional 1,173,601 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Abercrombie & Fitch by 56.0% during the 4th quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock worth $315,209,000 after buying an additional 898,884 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Abercrombie & Fitch during the 4th quarter valued at approximately $98,961,000.

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.