American Eagle Outfitters, Inc. $AEO Stock Position Lifted by Public Sector Pension Investment Board

Key Points

• The Public Sector Pension Investment Board increased its stake in American Eagle Outfitters by 27.3% during the first quarter, owning 554,336 shares valued at approximately $6.44 million.
• American Eagle reported a net margin of 3.73% for the last quarter, with revenue of $1.09 billion, which was slightly above analysts' expectations.
• Several analysts have downgraded the stock rating, with the consensus rating being a "Hold" and an average price target of $14.70.

Public Sector Pension Investment Board grew its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 27.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 554,336 shares of the apparel retailer's stock after acquiring an additional 118,847 shares during the quarter. Public Sector Pension Investment Board owned 0.32% of American Eagle Outfitters worth $6,441,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AEO. Millennium Management LLC boosted its holdings in American Eagle Outfitters by 1,510.1% in the fourth quarter. Millennium Management LLC now owns 2,509,057 shares of the apparel retailer's stock valued at $41,826,000 after acquiring an additional 2,353,225 shares during the last quarter. Cooke & Bieler LP boosted its stake in shares of American Eagle Outfitters by 29.9% in the 1st quarter. Cooke & Bieler LP now owns 7,791,193 shares of the apparel retailer's stock valued at $90,534,000 after purchasing an additional 1,794,203 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of American Eagle Outfitters during the first quarter worth $18,927,000. Nuveen LLC acquired a new position in American Eagle Outfitters in the first quarter valued at $18,140,000. Finally, Schonfeld Strategic Advisors LLC boosted its position in American Eagle Outfitters by 2,408.1% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 1,244,008 shares of the apparel retailer's stock valued at $20,738,000 after acquiring an additional 1,194,408 shares during the last quarter. Institutional investors and hedge funds own 97.33% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $9.00 price objective on shares of American Eagle Outfitters in a research note on Monday, July 28th. Cfra Research lowered American Eagle Outfitters from a "moderate buy" rating to a "hold" rating in a research note on Friday, June 6th. Telsey Advisory Group upped their target price on American Eagle Outfitters to $12.00 and gave the stock a "hold" rating in a report on Friday, May 30th. Citigroup reissued a "neutral" rating on shares of American Eagle Outfitters in a research report on Friday, May 23rd. Finally, Wall Street Zen lowered American Eagle Outfitters from a "hold" rating to a "sell" rating in a research report on Saturday, June 7th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average price target of $14.70.

American Eagle Outfitters Stock Down 2.3%

Shares of American Eagle Outfitters stock traded down $0.2910 on Wednesday, reaching $12.3390. The stock had a trading volume of 4,095,091 shares, compared to its average volume of 8,456,033. The company has a quick ratio of 0.56, a current ratio of 1.38 and a debt-to-equity ratio of 0.07. American Eagle Outfitters, Inc. has a 1 year low of $9.27 and a 1 year high of $22.83. The stock has a market capitalization of $2.14 billion, a P/E ratio of 12.58 and a beta of 1.51. The company has a 50 day moving average price of $10.82 and a 200 day moving average price of $11.55.

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

American Eagle Outfitters Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 25th. Stockholders of record on Friday, July 11th were given a $0.125 dividend. The ex-dividend date was Friday, July 11th. This represents a $0.50 annualized dividend and a dividend yield of 4.1%. American Eagle Outfitters's dividend payout ratio is currently 51.02%.

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.