Charles Schwab Investment Management Inc. Reduces Stock Holdings in American Eagle Outfitters, Inc. $AEO

Key Points

• Charles Schwab Investment Management Inc. reduced its holdings in American Eagle Outfitters by 2.4%, now owning 2,808,522 shares valued at approximately $32.64 million.
• American Eagle Outfitters reported a quarterly loss of ($0.29) EPS, which was below analyst expectations, and indicated a revenue decline of 4.7% compared to the previous year.
• The company recently announced a quarterly dividend of $0.125, resulting in an annualized dividend yield of 4.0%.

Charles Schwab Investment Management Inc. lowered its stake in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 2.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,808,522 shares of the apparel retailer's stock after selling 69,441 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.63% of American Eagle Outfitters worth $32,635,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of AEO. GAMMA Investing LLC lifted its position in American Eagle Outfitters by 380.4% in the first quarter. GAMMA Investing LLC now owns 2,325 shares of the apparel retailer's stock valued at $27,000 after buying an additional 1,841 shares during the last quarter. Asset Management One Co. Ltd. lifted its position in American Eagle Outfitters by 38.7% in the first quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer's stock valued at $48,000 after buying an additional 1,165 shares during the last quarter. State of Wyoming acquired a new position in American Eagle Outfitters in the fourth quarter valued at about $49,000. Merit Financial Group LLC acquired a new position in American Eagle Outfitters in the first quarter valued at about $131,000. Finally, Portside Wealth Group LLC acquired a new position in American Eagle Outfitters in the first quarter valued at about $146,000. Institutional investors and hedge funds own 97.33% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Zacks Research raised shares of American Eagle Outfitters to a "hold" rating in a research report on Monday, August 11th. Barclays reduced their price target on shares of American Eagle Outfitters from $10.00 to $9.00 and set an "underweight" rating on the stock in a research report on Monday, May 12th. Telsey Advisory Group increased their price target on shares of American Eagle Outfitters to $12.00 and gave the stock a "hold" rating in a research report on Friday, May 30th. BMO Capital Markets reduced their price target on shares of American Eagle Outfitters from $15.00 to $11.00 and set a "market perform" rating on the stock in a research report on Wednesday, May 14th. Finally, Citigroup reissued a "neutral" rating on shares of American Eagle Outfitters in a research report on Friday, May 23rd. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, American Eagle Outfitters has an average rating of "Reduce" and an average price target of $14.70.

American Eagle Outfitters Stock Up 4.7%

NYSE:AEO traded up $0.5750 during mid-day trading on Friday, hitting $12.8350. The stock had a trading volume of 7,215,034 shares, compared to its average volume of 17,180,260. The stock has a 50-day simple moving average of $10.97 and a two-hundred day simple moving average of $11.51. The company has a market capitalization of $2.22 billion, a PE ratio of 13.10 and a beta of 1.51. American Eagle Outfitters, Inc. has a twelve month low of $9.27 and a twelve month high of $22.83. 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 (NYSE:AEO - Get Free Report) last issued its earnings results on Thursday, May 29th. The apparel retailer reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.04). The firm 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 firm's 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. On average, equities research analysts anticipate that American Eagle Outfitters, Inc. will post 1.7 EPS for the current year.

American Eagle Outfitters Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 25th. Investors 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 annualized dividend and a yield of 3.9%. American Eagle Outfitters's dividend payout ratio (DPR) is 51.02%.

American Eagle Outfitters Company 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.