284,277 Shares in American Eagle Outfitters, Inc. $AEO Bought by Aquatic Capital Management LLC

Aquatic Capital Management LLC purchased a new stake in American Eagle Outfitters, Inc. (NYSE:AEO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 284,277 shares of the apparel retailer’s stock, valued at approximately $4,864,000. Aquatic Capital Management LLC owned 0.17% of American Eagle Outfitters at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in American Eagle Outfitters in the 2nd quarter valued at about $35,000. Strs Ohio purchased a new stake in shares of American Eagle Outfitters in the third quarter worth approximately $36,000. Federated Hermes Inc. raised its stake in shares of American Eagle Outfitters by 151.0% in the second quarter. Federated Hermes Inc. now owns 3,848 shares of the apparel retailer’s stock worth $37,000 after purchasing an additional 2,315 shares during the last quarter. McIlrath & Eck LLC bought a new position in shares of American Eagle Outfitters in the third quarter valued at approximately $39,000. Finally, Brown Brothers Harriman & Co. lifted its holdings in shares of American Eagle Outfitters by 1,655.3% in the third quarter. Brown Brothers Harriman & Co. now owns 2,475 shares of the apparel retailer’s stock valued at $42,000 after purchasing an additional 2,334 shares in the last quarter. Institutional investors and hedge funds own 97.33% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on AEO. Barclays decreased their price target on American Eagle Outfitters from $24.00 to $19.00 and set an “underweight” rating for the company in a report on Thursday, March 5th. Telsey Advisory Group dropped their price objective on American Eagle Outfitters from $28.00 to $25.00 and set a “market perform” rating on the stock in a research note on Thursday, March 5th. Zacks Research downgraded shares of American Eagle Outfitters from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Morgan Stanley set a $23.00 target price on shares of American Eagle Outfitters in a report on Wednesday, December 3rd. Finally, Bank of America raised their price target on shares of American Eagle Outfitters from $11.00 to $18.00 and gave the company an “underperform” rating in a research report on Wednesday, December 3rd. One research analyst has rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $21.75.

Insider Activity at American Eagle Outfitters

In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 1,896 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $26.21, for a total value of $49,694.16. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Noel Joseph Spiegel sold 1,896 shares of the company’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $25.66, for a total value of $48,651.36. The SEC filing for this sale provides additional information. 8.70% of the stock is currently owned by corporate insiders.

American Eagle Outfitters Price Performance

AEO opened at $17.41 on Tuesday. The firm has a market cap of $2.95 billion, a P/E ratio of 15.55, a PEG ratio of 1.25 and a beta of 1.39. The firm has a 50-day moving average of $23.66 and a 200 day moving average of $20.99. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.71 and a current ratio of 1.52. American Eagle Outfitters, Inc. has a fifty-two week low of $9.27 and a fifty-two week high of $28.46.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.13. American Eagle Outfitters had a net margin of 3.49% and a return on equity of 16.76%. The business had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter last year, the company posted $0.54 earnings per share. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. On average, research analysts expect that American Eagle Outfitters, Inc. will post 1.7 EPS for the current year.

American Eagle Outfitters Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Friday, April 10th will be paid a $0.125 dividend. The ex-dividend date is Friday, April 10th. This represents a $0.50 annualized dividend and a yield of 2.9%. American Eagle Outfitters’s dividend payout ratio is presently 44.64%.

American Eagle Outfitters Profile

American Eagle Outfitters, Inc (NYSE: AEO) is a leading American specialty retailer offering apparel, accessories and personal care products for men and women. The company’s flagship brand, American Eagle, focuses on casualwear including denim, tops, outerwear and accessories targeted primarily at teens and young adults. In addition to its core apparel lines, the company operates the Aerie brand of intimates, loungewear and swimwear, which has gained recognition for its body-positive marketing and inclusive sizing.

American Eagle Outfitters conducts business through a combination of over 900 brick-and-mortar stores in North America and Greater China, complemented by a growing e-commerce platform that serves customers around the globe.