Nuveen LLC Makes New $18.14 Million Investment in American Eagle Outfitters, Inc. $AEO

Key Points

• Nuveen LLC recently acquired a stake in American Eagle Outfitters, purchasing 1,561,076 shares valued at approximately $18.14 million, reflecting a 0.90% ownership of the company.
• The stock of American Eagle Outfitters reported a 1.8% decline recently, with a current market cap of $2.19 billion and earnings per share of ($0.29), missing analysts' expectations.
• American Eagle Outfitters declared a quarterly dividend of $0.125 per share, resulting in an annualized dividend yield of 4.0%, with a payout ratio of 51.02%.

Nuveen LLC purchased a new stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,561,076 shares of the apparel retailer's stock, valued at approximately $18,140,000. Nuveen LLC owned approximately 0.90% of American Eagle Outfitters as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its stake in American Eagle Outfitters by 319.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 44,570 shares of the apparel retailer's stock valued at $518,000 after purchasing an additional 33,938 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of 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 acquiring an additional 1,841 shares during the period. Rhumbline Advisers raised its stake in shares of American Eagle Outfitters by 0.7% in the first quarter. Rhumbline Advisers now owns 528,510 shares of the apparel retailer's stock valued at $6,141,000 after acquiring an additional 3,631 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of American Eagle Outfitters in the first quarter valued at $440,000. Finally, Asset Management One Co. Ltd. raised its stake in shares of 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 acquiring an additional 1,165 shares during the period. Hedge funds and other institutional investors own 97.33% of the company's stock.

American Eagle Outfitters Trading Up 4.7%

Shares of NYSE AEO traded up $0.5750 during mid-day trading on Friday, reaching $12.8350. The company had a trading volume of 7,215,034 shares, compared to its average volume of 17,180,260. The business's 50-day moving average is $10.97 and its 200-day moving average is $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. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of 13.10 and a beta of 1.51. American Eagle Outfitters, Inc. has a 52 week low of $9.27 and a 52 week high of $22.83.

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 (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.04). American Eagle Outfitters had a return on equity of 13.34% and a net margin of 3.73%.The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the company earned $0.34 earnings per share. The firm's revenue was down 4.7% on a year-over-year basis. American Eagle Outfitters has set its Q2 2025 guidance at EPS. Equities analysts expect that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current year.

American Eagle Outfitters Dividend Announcement

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 dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 3.9%. The ex-dividend date was Friday, July 11th. American Eagle Outfitters's dividend payout ratio is presently 51.02%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AEO shares. BMO Capital Markets reduced their target price on shares of American Eagle Outfitters from $15.00 to $11.00 and set a "market perform" rating on the stock in a research note on Wednesday, May 14th. Wall Street Zen downgraded shares of American Eagle Outfitters from a "hold" rating to a "sell" rating in a research note on Saturday, June 7th. Citigroup reissued a "neutral" rating on shares of American Eagle Outfitters in a research note on Friday, May 23rd. Telsey Advisory Group increased their target price on shares of American Eagle Outfitters to $12.00 and gave the company a "hold" rating in a research note on Friday, May 30th. Finally, Barclays reduced their target price on shares of American Eagle Outfitters from $10.00 to $9.00 and set an "underweight" rating on the stock in a research note on Monday, May 12th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Reduce" and a consensus price target of $14.70.

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.