BMO Capital Markets Upgrades Abercrombie & Fitch (NYSE:ANF) to “Strong-Buy”

Abercrombie & Fitch (NYSE:ANF) was upgraded by research analysts at BMO Capital Markets to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks reports.

Several other brokerages have also weighed in on ANF. The Goldman Sachs Group set a $160.00 price target on Abercrombie & Fitch in a research note on Thursday, August 27th. Morgan Stanley raised their price objective on Abercrombie & Fitch from $87.00 to $134.00 and gave the company an “equal weight” rating in a report on Thursday, August 27th. JPMorgan Chase & Co. raised their price objective on Abercrombie & Fitch from $110.00 to $126.00 and gave the company a “neutral” rating in a report on Tuesday, August 18th. Jefferies Financial Group set a $175.00 price objective on Abercrombie & Fitch in a research report on Wednesday, August 26th. Finally, Zacks Research raised Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 28th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Abercrombie & Fitch currently has an average rating of “Moderate Buy” and a consensus target price of $155.38.

Abercrombie & Fitch Stock Performance

ANF opened at $143.19 on Tuesday. Abercrombie & Fitch has a fifty-two week low of $65.45 and a fifty-two week high of $155.22. The company has a fifty day moving average of $112.15 and a two-hundred day moving average of $95.61. The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of 12.26, a PEG ratio of 1.33 and a beta of 0.97.

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

Insider Activity at Abercrombie & Fitch

In related news, Director Kenneth Robinson sold 800 shares of the company’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $149.69, for a total transaction of $119,752.00. Following the completion of the transaction, the director owned 7,169 shares in the company, valued at $1,073,127.61. This represents a 10.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Gregory Henchel sold 30,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $146.65, for a total transaction of $4,399,500.00. Following the completion of the transaction, the executive vice president directly owned 33,681 shares in the company, valued at $4,939,318.65. This represents a 47.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 72,800 shares of company stock worth $9,595,392 in the last quarter. Company insiders own 2.33% of the company’s stock.

Hedge Funds Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently made changes to their positions in ANF. Timbuktu Capital Management LLC acquired a new stake in shares of Abercrombie & Fitch in the second quarter worth approximately $29,000. NewEdge Advisors LLC increased its position in shares of Abercrombie & Fitch by 181.6% during the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 227 shares in the last quarter. Transamerica Financial Advisors LLC raised its stake in Abercrombie & Fitch by 322.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after purchasing an additional 190 shares during the last quarter. Larson Financial Group LLC raised its stake in Abercrombie & Fitch by 120.3% in the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 148 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its stake in Abercrombie & Fitch by 94.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after purchasing an additional 170 shares during the last quarter.

Key Stories Impacting Abercrombie & Fitch

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

• Positive Sentiment: Zacks Research maintained a “Strong Buy” rating and raised several long-term forecasts. Estimates were increased for Q3 2027, Q2–Q4 2028 and FY2028, with FY2028 EPS raised to $12.29 from $11.62. These revisions suggest analysts continue to expect strong future earnings growth. Abercrombie & Fitch analyst estimates
• Neutral Sentiment: Analyst estimates were mixed. Zacks lowered forecasts for Q1 2028 and Q1 2029 EPS but raised estimates for multiple later periods. The overall analyst view remains favorable, while the consensus full-year EPS estimate is $11.40. Abercrombie & Fitch research estimates
• Negative Sentiment: Broad weakness across apparel retailers is weighing on ANF. Reports cited declines in Abercrombie & Fitch and other specialty retailers, including American Eagle, Zumiez, Macy’s and Victoria’s Secret. American Eagle’s results were viewed as flattered by a $161 million tariff refund, raising concerns about the quality and sustainability of apparel-sector earnings. Apparel retailer stock declines
• Negative Sentiment: The company’s COO sold 2,000 shares. Scott Lipesky sold stock worth approximately $293,640 at an average price of $146.82, reducing his position by 1.36%. The relatively small transaction is not necessarily a change in business outlook, but insider selling can add short-term investor caution. Abercrombie & Fitch COO stock sale

About Abercrombie & Fitch

Abercrombie & Fitch Co is a global, omnichannel specialty retailer that sells casual apparel, accessories and personal-care products through company-operated stores and digital channels. The company serves customers through its Abercrombie, abercrombie kids, Hollister and Gilly Hicks brands, which target a range of consumers and lifestyles.

Abercrombie & Fitch offers products including jeans, tops, dresses, outerwear, intimates, sleepwear, swimwear, accessories and fragrances. Its brands operate through retail locations and e-commerce platforms, with sales across North America, Europe, Asia and other international markets.

Founded in 1892 as an outdoor-goods retailer in New York City, the company later developed into a youth-focused apparel retailer and has since broadened its brand portfolio and customer appeal.