American Eagle Outfitters, Inc. (NYSE:AEO) Stake Raised by Vanguard Group Inc.

Vanguard Group Inc. raised its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 0.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,477,942 shares of the apparel retailer’s stock after acquiring an additional 24,343 shares during the quarter. Vanguard Group Inc. owned approximately 0.10% of American Eagle Outfitters worth $433,313,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its holdings in shares of American Eagle Outfitters by 2.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,003,990 shares of the apparel retailer’s stock worth $232,846,000 after purchasing an additional 284,965 shares during the period. Pacer Advisors Inc. lifted its position in American Eagle Outfitters by 37.6% in the 4th quarter. Pacer Advisors Inc. now owns 6,092,955 shares of the apparel retailer’s stock worth $128,927,000 after buying an additional 1,663,569 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of American Eagle Outfitters by 1.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,886,613 shares of the apparel retailer’s stock valued at $61,081,000 after buying an additional 44,375 shares during the period. Wellington Management Group LLP grew its holdings in shares of American Eagle Outfitters by 1,050.5% during the 4th quarter. Wellington Management Group LLP now owns 2,681,465 shares of the apparel retailer’s stock valued at $56,740,000 after acquiring an additional 2,448,400 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in shares of American Eagle Outfitters by 28.5% in the third quarter. American Century Companies Inc. now owns 2,259,598 shares of the apparel retailer’s stock worth $37,532,000 after acquiring an additional 500,555 shares during the last quarter. Hedge funds and other institutional investors own 97.33% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Morgan Stanley reduced their price objective on American Eagle Outfitters from $19.00 to $18.00 and set an “underweight” rating for the company in a research report on Thursday, May 30th. Telsey Advisory Group reiterated a “market perform” rating and set a $25.00 price target on shares of American Eagle Outfitters in a report on Thursday, May 30th. StockNews.com upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating in a report on Monday, May 27th. JPMorgan Chase & Co. upgraded shares of American Eagle Outfitters from a “neutral” rating to an “overweight” rating and set a $31.00 target price for the company in a research note on Tuesday, April 9th. Finally, Barclays increased their price target on shares of American Eagle Outfitters from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Monday, April 29th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $25.00.

American Eagle Outfitters Stock Performance

Shares of NYSE AEO opened at $20.60 on Thursday. The firm has a market cap of $4.05 billion, a price-to-earnings ratio of 18.56, a P/E/G ratio of 1.00 and a beta of 1.49. The business’s 50-day simple moving average is $22.64 and its 200-day simple moving average is $22.39. American Eagle Outfitters, Inc. has a 52 week low of $11.48 and a 52 week high of $26.44.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, May 29th. The apparel retailer reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.06. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.15 billion. American Eagle Outfitters had a return on equity of 19.39% and a net margin of 4.12%. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.17 EPS. As a group, equities research analysts forecast that American Eagle Outfitters, Inc. will post 1.75 earnings per share for the current year.

American Eagle Outfitters Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 26th. Stockholders of record on Friday, July 12th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date is Friday, July 12th. American Eagle Outfitters’s dividend payout ratio is 45.05%.

Insider Activity

In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 1,908 shares of the firm’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $24.59, for a total value of $46,917.72. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 1,908 shares of the firm’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $24.59, for a total value of $46,917.72. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Jennifer M. Foyle sold 16,971 shares of the firm’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $25.53, for a total value of $433,269.63. Following the completion of the sale, the insider now directly owns 226,497 shares in the company, valued at approximately $5,782,468.41. The disclosure for this sale can be found here. 7.30% of the stock is currently owned by insiders.

About American Eagle Outfitters

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.