US Bancorp DE Sells 49,732 Shares of American Eagle Outfitters, Inc. $AEO

Key Points

• US Bancorp DE has reduced its stake in American Eagle Outfitters by 80%, selling 49,732 shares and holding only 12,402 shares worth $144,000 at the end of the first quarter.
• American Eagle Outfitters reported a loss of $0.29 EPS for the last quarter, missing estimates, while revenue was down 4.7% year-over-year at $1.09 billion.
• The company announced a quarterly dividend of $0.125 per share, reflecting an annualized yield of 3.8%, with a payout ratio of 51.02%.

US Bancorp DE lessened its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 80.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,402 shares of the apparel retailer's stock after selling 49,732 shares during the quarter. US Bancorp DE's holdings in American Eagle Outfitters were worth $144,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. GAMMA Investing LLC grew its holdings in American Eagle Outfitters by 380.4% during the first quarter. GAMMA Investing LLC now owns 2,325 shares of the apparel retailer's stock valued at $27,000 after purchasing an additional 1,841 shares during the last quarter. Asset Management One Co. Ltd. grew its holdings in American Eagle Outfitters by 38.7% during the first quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer's stock valued at $48,000 after purchasing an additional 1,165 shares during the last quarter. State of Wyoming acquired a new position in American Eagle Outfitters during the fourth quarter valued at approximately $49,000. Merit Financial Group LLC acquired a new position in American Eagle Outfitters during the first quarter valued at approximately $131,000. Finally, Portside Wealth Group LLC acquired a new position in American Eagle Outfitters during the first quarter valued at approximately $146,000. Institutional investors own 97.33% of the company's stock.

American Eagle Outfitters Stock Performance

AEO traded down $0.3150 during trading on Wednesday, reaching $12.3150. 3,423,953 shares of the company's stock were exchanged, compared to its average volume of 8,452,007. American Eagle Outfitters, Inc. has a fifty-two week low of $9.27 and a fifty-two week high of $22.83. The company has a quick ratio of 0.56, a current ratio of 1.38 and a debt-to-equity ratio of 0.07. The business has a 50 day moving average price of $10.82 and a 200 day moving average price of $11.55. The company has a market capitalization of $2.13 billion, a P/E ratio of 12.57 and a beta of 1.51.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The apparel retailer reported ($0.29) earnings per share for the quarter, missing analysts' consensus estimates 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 analyst estimates of $1.08 billion. During the same quarter in the prior year, the firm earned $0.34 EPS. The firm's quarterly revenue was down 4.7% on a year-over-year basis. American Eagle Outfitters has set its Q2 2025 guidance at EPS. As a group, analysts predict that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, July 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.1%. American Eagle Outfitters's dividend payout ratio (DPR) is presently 51.02%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Cfra Research downgraded American Eagle Outfitters from a "moderate buy" rating to a "hold" rating in a report on Friday, June 6th. Barclays lowered their price target 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. BMO Capital Markets lowered their price target 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. Zacks Research upgraded American Eagle Outfitters to a "hold" rating in a report on Monday, August 11th. Finally, JPMorgan Chase & Co. reiterated an "underweight" rating and set a $9.00 price target on shares of American Eagle Outfitters in a report on Monday, July 28th. One investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, American Eagle Outfitters presently has a consensus rating of "Reduce" and an average target price of $14.70.

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.