Shares of American Eagle Outfitters Inc. (NYSE:AEO) have received an average recommendation of “Hold” from the twenty-six research firms that are covering the firm. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $19.18.

A number of research firms have recently issued reports on AEO. B. Riley reiterated a “buy” rating and set a $22.00 price objective on shares of American Eagle Outfitters in a research note on Thursday, August 18th. Jefferies Group reiterated a “buy” rating on shares of American Eagle Outfitters in a research note on Sunday, September 4th. Mizuho lifted their price objective on shares of American Eagle Outfitters from $16.00 to $18.00 and gave the company a “neutral” rating in a research note on Wednesday, August 17th. Citigroup Inc. lifted their price objective on shares of American Eagle Outfitters from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Thursday, August 18th. Finally, Zacks Investment Research upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research note on Wednesday, August 3rd.

Shares of American Eagle Outfitters (NYSE:AEO) opened at 18.08 on Monday. The stock has a market cap of $3.29 billion, a P/E ratio of 14.38 and a beta of 0.86. The company has a 50-day moving average of $17.27 and a 200 day moving average of $16.91. American Eagle Outfitters has a 52-week low of $12.78 and a 52-week high of $19.55.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 21st. Shareholders of record on Friday, October 7th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, October 5th. This represents a $0.50 annualized dividend and a yield of 2.77%. American Eagle Outfitters’s payout ratio is presently 40.00%.

In other American Eagle Outfitters news, COO Michael R. Rempell sold 50,826 shares of the business’s stock in a transaction dated Friday, September 2nd. The stock was sold at an average price of $18.84, for a total transaction of $957,561.84. Following the sale, the chief operating officer now owns 106,077 shares in the company, valued at approximately $1,998,490.68. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 5.80% of the company’s stock.

A number of hedge funds have recently bought and sold shares of AEO. Piedmont Investment Advisors LLC bought a new stake in American Eagle Outfitters during the third quarter valued at about $571,000. LPL Financial LLC increased its stake in American Eagle Outfitters by 553.5% in the third quarter. LPL Financial LLC now owns 90,104 shares of the apparel retailer’s stock valued at $1,532,000 after buying an additional 76,316 shares during the last quarter. Cornerstone Capital Management Holdings LLC. increased its stake in American Eagle Outfitters by 55.8% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 25,396 shares of the apparel retailer’s stock valued at $452,000 after buying an additional 9,100 shares during the last quarter. Credit Suisse AG increased its stake in American Eagle Outfitters by 3.8% in the third quarter. Credit Suisse AG now owns 591,561 shares of the apparel retailer’s stock valued at $10,566,000 after buying an additional 21,836 shares during the last quarter. Finally, Ameritas Investment Partners Inc. increased its stake in American Eagle Outfitters by 65.8% in the third quarter. Ameritas Investment Partners Inc. now owns 65,171 shares of the apparel retailer’s stock valued at $1,164,000 after buying an additional 25,871 shares during the last quarter. Hedge funds and other institutional investors own 95.26% of the company’s stock.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc (AEO Inc) is a specialty retailer, operating over 1,000 retail stores and online at ae.com and aerie.com in the United States and internationally. The Company operates in the segment of American Eagle Outfitters Brand (AEO Brand) retail stores, Aerie by American Eagle Outfitters retail stores and AEO Direct.

5 Day Chart for NYSE:AEO

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