Virtu Financial LLC Takes Position in American Eagle Outfitters, Inc. $AEO

Key Points

• Virtu Financial LLC has acquired a new stake in American Eagle Outfitters, purchasing 22,866 shares valued at approximately $266,000.
• The company's stock has recently seen a 2.8% increase in value, with current trading at $12.99 per share.
• American Eagle Outfitters announced a quarterly dividend of $0.125 per share, resulting in an annualized yield of 3.8%.

Virtu Financial LLC acquired a new stake in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,866 shares of the apparel retailer's stock, valued at approximately $266,000.

Several other hedge funds have also modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its stake in American Eagle Outfitters by 319.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 44,570 shares of the apparel retailer's stock worth $518,000 after acquiring an additional 33,938 shares in the last quarter. GAMMA Investing LLC lifted its stake in American Eagle Outfitters by 380.4% in the 1st quarter. GAMMA Investing LLC now owns 2,325 shares of the apparel retailer's stock worth $27,000 after acquiring an additional 1,841 shares in the last quarter. Rhumbline Advisers lifted its stake in American Eagle Outfitters by 0.7% in the 1st quarter. Rhumbline Advisers now owns 528,510 shares of the apparel retailer's stock worth $6,141,000 after acquiring an additional 3,631 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in American Eagle Outfitters in the 1st quarter worth about $440,000. Finally, Asset Management One Co. Ltd. lifted its stake in American Eagle Outfitters by 38.7% in the 1st quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer's stock worth $48,000 after acquiring an additional 1,165 shares in the last quarter. 97.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AEO has been the subject of several research analyst reports. Wall Street Zen downgraded American Eagle Outfitters from a "hold" rating to a "sell" rating in a research note on Saturday, June 7th. BMO Capital Markets dropped their target price on 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. Cfra Research lowered American Eagle Outfitters from a "moderate buy" rating to a "hold" rating in a research report on Friday, June 6th. Citigroup reaffirmed a "neutral" rating on shares of American Eagle Outfitters in a research report on Friday, May 23rd. Finally, JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $9.00 target price on shares of American Eagle Outfitters in a research report on Monday, July 28th. One 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.com, the company has a consensus rating of "Reduce" and a consensus price target of $14.70.

American Eagle Outfitters Stock Down 1.8%

Shares of NYSE AEO traded down $0.2370 during mid-day trading on Tuesday, reaching $12.6230. 10,277,844 shares of the company traded hands, compared to its average volume of 8,484,903. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.56 and a current ratio of 1.38. The stock has a market cap of $2.19 billion, a PE ratio of 12.88 and a beta of 1.51. The company's fifty day moving average is $10.77 and its two-hundred day moving average is $11.54. American Eagle Outfitters, Inc. has a fifty-two week low of $9.27 and a fifty-two week high of $22.83.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last announced 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). American Eagle Outfitters had a net margin of 3.73% and a return on equity of 13.34%. 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 EPS. American Eagle Outfitters's revenue for the quarter was down 4.7% compared to the same quarter last year. American Eagle Outfitters has set its Q2 2025 guidance at EPS. On average, analysts expect that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current year.

American Eagle Outfitters Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 25th. Stockholders of record on Friday, July 11th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Friday, July 11th. 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.