Abercrombie & Fitch Company $ANF Stock Holdings Lifted by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its position in shares of Abercrombie & Fitch Company (NYSE:ANF) by 70.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,556 shares of the apparel retailer’s stock after purchasing an additional 2,290 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Abercrombie & Fitch were worth $424,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Virtue Capital Management LLC grew its position in Abercrombie & Fitch by 1.3% during the 4th quarter. Virtue Capital Management LLC now owns 8,221 shares of the apparel retailer’s stock worth $1,229,000 after purchasing an additional 102 shares in the last quarter. Versant Capital Management Inc grew its position in Abercrombie & Fitch by 55.6% during the 1st quarter. Versant Capital Management Inc now owns 728 shares of the apparel retailer’s stock worth $56,000 after purchasing an additional 260 shares in the last quarter. Covestor Ltd grew its position in Abercrombie & Fitch by 21.9% during the 1st quarter. Covestor Ltd now owns 1,456 shares of the apparel retailer’s stock worth $111,000 after purchasing an additional 262 shares in the last quarter. UMB Bank n.a. grew its position in Abercrombie & Fitch by 161.4% during the 1st quarter. UMB Bank n.a. now owns 583 shares of the apparel retailer’s stock worth $45,000 after purchasing an additional 360 shares in the last quarter. Finally, Reyes Financial Architecture Inc. grew its position in Abercrombie & Fitch by 68.0% during the 1st quarter. Reyes Financial Architecture Inc. now owns 904 shares of the apparel retailer’s stock worth $69,000 after purchasing an additional 366 shares in the last quarter.

Abercrombie & Fitch Trading Down 1.7%

ANF stock opened at $91.97 on Wednesday. Abercrombie & Fitch Company has a 1 year low of $65.40 and a 1 year high of $167.71. The company has a fifty day simple moving average of $93.69 and a 200 day simple moving average of $84.57. The firm has a market cap of $4.38 billion, a PE ratio of 8.70 and a beta of 1.44.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, August 27th. The apparel retailer reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.05. Abercrombie & Fitch had a net margin of 10.61% and a return on equity of 40.02%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the business earned $2.50 EPS. Abercrombie & Fitch’s quarterly revenue was up 6.6% compared to the same quarter last year. Abercrombie & Fitch has set its FY 2025 guidance at 10.000-10.500 EPS. Q3 2025 guidance at 2.050-2.250 EPS. As a group, analysts forecast that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Analysts Set New Price Targets

ANF has been the topic of several research analyst reports. Barclays set a $84.00 price objective on shares of Abercrombie & Fitch and gave the stock an “equal weight” rating in a research report on Thursday, May 29th. Citigroup restated a “neutral” rating and set a $105.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, August 20th. JPMorgan Chase & Co. lowered their price target on shares of Abercrombie & Fitch from $151.00 to $145.00 and set an “overweight” rating on the stock in a report on Thursday, August 28th. Jefferies Financial Group lowered their price target on shares of Abercrombie & Fitch from $170.00 to $135.00 and set a “buy” rating on the stock in a report on Wednesday, May 21st. Finally, Telsey Advisory Group restated an “outperform” rating and set a $125.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, August 27th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $115.25.

About Abercrombie & Fitch

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.