American Eagle Outfitters, Inc. $AEO Stake Lifted by Caxton Associates LLP

Caxton Associates LLP lifted its stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 212.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 230,312 shares of the apparel retailer’s stock after acquiring an additional 156,544 shares during the quarter. Caxton Associates LLP owned about 0.13% of American Eagle Outfitters worth $2,216,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of American Eagle Outfitters during the 2nd quarter valued at $35,000. Federated Hermes Inc. boosted its stake in American Eagle Outfitters by 151.0% during the second quarter. Federated Hermes Inc. now owns 3,848 shares of the apparel retailer’s stock valued at $37,000 after buying an additional 2,315 shares in the last quarter. DekaBank Deutsche Girozentrale grew its holdings in American Eagle Outfitters by 220.5% during the second quarter. DekaBank Deutsche Girozentrale now owns 5,843 shares of the apparel retailer’s stock worth $58,000 after acquiring an additional 4,020 shares during the period. Asset Management One Co. Ltd. raised its position in American Eagle Outfitters by 43.3% in the second quarter. Asset Management One Co. Ltd. now owns 5,978 shares of the apparel retailer’s stock worth $58,000 after acquiring an additional 1,805 shares in the last quarter. Finally, AlphaQuest LLC lifted its holdings in American Eagle Outfitters by 654,400.0% in the 1st quarter. AlphaQuest LLC now owns 6,545 shares of the apparel retailer’s stock valued at $76,000 after acquiring an additional 6,544 shares during the last quarter. 97.33% of the stock is currently owned by institutional investors and hedge funds.

American Eagle Outfitters Stock Performance

Shares of American Eagle Outfitters stock opened at $25.44 on Monday. American Eagle Outfitters, Inc. has a 12 month low of $9.27 and a 12 month high of $25.57. The company has a quick ratio of 0.59, a current ratio of 1.63 and a debt-to-equity ratio of 0.13. The stock has a market cap of $4.31 billion, a PE ratio of 21.93 and a beta of 1.44. The business has a fifty day simple moving average of $18.22 and a 200-day simple moving average of $14.73.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings data on Tuesday, December 2nd. The apparel retailer reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.10. American Eagle Outfitters had a return on equity of 13.82% and a net margin of 3.90%.The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the business earned $0.48 EPS. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. On average, sell-side analysts anticipate that American Eagle Outfitters, Inc. will post 1.7 EPS for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Friday, January 9th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, January 9th. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 43.10%.

Insider Buying and Selling

In other news, Director Cary D. Mcmillan sold 2,945 shares of the business’s stock in a transaction on Friday, October 3rd. The shares were sold at an average price of $16.95, for a total transaction of $49,917.75. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jennifer M. Foyle sold 243,047 shares of the company’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $24.30, for a total transaction of $5,906,042.10. Following the completion of the transaction, the insider directly owned 191,751 shares in the company, valued at $4,659,549.30. This trade represents a 55.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 8.70% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on AEO. Barclays lifted their price objective on shares of American Eagle Outfitters from $14.00 to $20.00 and gave the stock an “underweight” rating in a research note on Wednesday, December 3rd. Zacks Research upgraded shares of American Eagle Outfitters from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Citigroup upped their price target on American Eagle Outfitters from $18.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, December 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of American Eagle Outfitters in a research note on Wednesday, October 8th. Finally, BTIG Research started coverage on American Eagle Outfitters in a report on Thursday, September 18th. They issued a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, American Eagle Outfitters currently has a consensus rating of “Hold” and a consensus price target of $21.45.

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.