American Century Companies Inc. Has $69.92 Million Holdings in American Eagle Outfitters, Inc. $AEO

Key Points

• American Century Companies Inc. increased its holdings in American Eagle Outfitters by 9.3%, now owning approximately 3.49% of the company valued at about $69.9 million.
• Despite the increase in holdings, Barclays and other research firms lowered their price targets for AEO stock, with Barclays setting a new target of $9.00 and a rating of "underweight."
• The company reported a quarterly loss of EPS ($0.29), missing estimates, while revenue decreased by 4.7% year-over-year, indicating potential challenges ahead.

American Century Companies Inc. raised its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 9.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,017,034 shares of the apparel retailer's stock after purchasing an additional 511,694 shares during the period. American Century Companies Inc. owned 3.49% of American Eagle Outfitters worth $69,918,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. MetLife Investment Management LLC raised its stake in shares of American Eagle Outfitters by 0.7% during the 4th quarter. MetLife Investment Management LLC now owns 105,949 shares of the apparel retailer's stock worth $1,766,000 after purchasing an additional 724 shares in the last quarter. Gallagher Fiduciary Advisors LLC raised its stake in shares of American Eagle Outfitters by 5.2% during the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 15,740 shares of the apparel retailer's stock worth $262,000 after purchasing an additional 783 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in shares of American Eagle Outfitters by 38.7% during the 1st quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer's stock worth $48,000 after purchasing an additional 1,165 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of American Eagle Outfitters by 1.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 101,127 shares of the apparel retailer's stock worth $1,686,000 after purchasing an additional 1,282 shares in the last quarter. Finally, ABLE Financial Group LLC raised its stake in shares of American Eagle Outfitters by 7.0% during the 4th quarter. ABLE Financial Group LLC now owns 24,221 shares of the apparel retailer's stock worth $404,000 after purchasing an additional 1,587 shares in the last quarter. 97.33% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AEO has been the subject of a number of recent research reports. Morgan Stanley set a $10.00 price target on American Eagle Outfitters and gave the stock an "equal weight" rating in a research note on Monday, June 2nd. Zacks Research raised American Eagle Outfitters to a "hold" rating in a report on Monday, August 11th. JPMorgan Chase & Co. reissued an "underweight" rating and set a $9.00 price objective on shares of American Eagle Outfitters in a report on Monday, July 28th. BMO Capital Markets lowered their price objective on American Eagle Outfitters from $15.00 to $11.00 and set a "market perform" rating on the stock in a report on Wednesday, May 14th. Finally, Barclays lowered their price objective on American Eagle Outfitters from $10.00 to $9.00 and set an "underweight" rating on the stock in a report on Monday, May 12th. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, American Eagle Outfitters has a consensus rating of "Reduce" and an average target price of $14.70.

American Eagle Outfitters Stock Performance

AEO traded up $0.5750 during midday trading on Friday, reaching $12.8350. The company's stock had a trading volume of 7,215,034 shares, compared to its average volume of 17,180,260. The stock has a market cap of $2.22 billion, a P/E ratio of 13.10 and a beta of 1.51. The company has a fifty day simple moving average of $10.97 and a 200 day simple moving average of $11.48. The company has a current ratio of 1.38, a quick ratio of 0.56 and a debt-to-equity ratio of 0.07. American Eagle Outfitters, Inc. has a twelve month low of $9.27 and a twelve month high of $22.83.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last released its earnings results on Thursday, May 29th. The apparel retailer reported ($0.29) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.25) by ($0.04). The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. American Eagle Outfitters had a net margin of 3.73% and a return on equity of 13.34%. The business's quarterly revenue was down 4.7% compared to the same quarter last year. During the same period last year, the business earned $0.34 EPS. American Eagle Outfitters has set its Q2 2025 guidance at EPS. Research analysts expect that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current year.

American Eagle Outfitters Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 25th. Shareholders of record on Friday, July 11th were issued a $0.125 dividend. The ex-dividend date of this dividend was Friday, July 11th. This represents a $0.50 dividend on an annualized basis and a yield of 3.9%. American Eagle Outfitters's dividend payout ratio (DPR) is 51.02%.

American Eagle Outfitters Profile

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.