Abercrombie & Fitch (NYSE:ANF) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Abercrombie & Fitch Company (NYSE:ANF)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $97.69 and traded as high as $139.24. Abercrombie & Fitch shares last traded at $136.39, with a volume of 935,750 shares changing hands.

Analyst Ratings Changes

Several research firms have issued reports on ANF. Needham & Company LLC lifted their target price on Abercrombie & Fitch from $108.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, August 26th. Raymond James Financial restated a “market perform” rating on shares of Abercrombie & Fitch in a report on Tuesday, August 18th. JPMorgan Chase & Co. lifted their price objective on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 18th. Zacks Research upgraded shares of Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 28th. Finally, Weiss Ratings raised shares of Abercrombie & Fitch from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, September 16th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $155.38.

Abercrombie & Fitch Stock Down 3.0%

The firm has a market cap of $5.60 billion, a PE ratio of 11.31, a price-to-earnings-growth ratio of 1.20 and a beta of 0.97. The stock has a 50 day moving average price of $119.81 and a two-hundred day moving average price of $97.97.

Abercrombie & Fitch (NYSE:ANF) last announced 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 analyst estimates of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. Abercrombie & Fitch’s revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm posted $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, equities analysts anticipate that Abercrombie & Fitch Company will post 11.42 earnings per share for the current year.

Insider Activity at Abercrombie & Fitch

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 2,000 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $146.82, for a total transaction of $293,640.00. Following the sale, the chief operating officer owned 145,534 shares in the company, valued at approximately $21,367,301.88. The trade was a 1.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Gregory J. Henchel sold 30,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $146.65, for a total value of $4,399,500.00. Following the completion of the transaction, the executive vice president owned 33,681 shares of the company’s stock, valued at approximately $4,939,318.65. The trade was a 47.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 72,800 shares of company stock valued at $9,595,392 over the last three months. 2.33% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bbfit Investments PTE Ltd. purchased a new stake in shares of Abercrombie & Fitch in the 4th quarter valued at $205,539,000. Norges Bank purchased a new position in shares of Abercrombie & Fitch during the fourth quarter worth $98,961,000. Arrowstreet Capital Limited Partnership lifted its position in Abercrombie & Fitch by 195.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 925,451 shares of the apparel retailer’s stock valued at $116,487,000 after purchasing an additional 611,743 shares during the period. Baird Financial Group Inc. acquired a new position in Abercrombie & Fitch during the second quarter valued at $20,035,000. Finally, Dimensional Fund Advisors LP boosted its holdings in Abercrombie & Fitch by 15.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock valued at $145,823,000 after purchasing an additional 208,709 shares during the last quarter.

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.