American Eagle Outfitters, Inc. $AEO Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 151,993.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,400 shares of the apparel retailer’s stock after purchasing an additional 65,357 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in American Eagle Outfitters were worth $1,725,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AEO. Royal Bank of Canada grew its position in American Eagle Outfitters by 24.8% in the 1st quarter. Royal Bank of Canada now owns 162,243 shares of the apparel retailer’s stock valued at $1,885,000 after acquiring an additional 32,191 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in American Eagle Outfitters by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 105,726 shares of the apparel retailer’s stock worth $1,229,000 after purchasing an additional 4,599 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in American Eagle Outfitters by 1,238.2% during the first quarter. Jones Financial Companies Lllp now owns 52,551 shares of the apparel retailer’s stock worth $611,000 after purchasing an additional 48,624 shares during the last quarter. Empowered Funds LLC lifted its stake in American Eagle Outfitters by 9.6% during the first quarter. Empowered Funds LLC now owns 15,937 shares of the apparel retailer’s stock worth $185,000 after purchasing an additional 1,398 shares during the last quarter. Finally, Marshall Wace LLP lifted its stake in American Eagle Outfitters by 349.9% during the second quarter. Marshall Wace LLP now owns 538,681 shares of the apparel retailer’s stock worth $5,182,000 after purchasing an additional 418,943 shares during the last quarter. 97.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AEO has been the subject of a number of research reports. TD Cowen reduced their price objective on American Eagle Outfitters from $19.00 to $18.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Citigroup upped their price objective on American Eagle Outfitters from $23.00 to $24.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of American Eagle Outfitters in a report on Wednesday, March 25th. Wall Street Zen raised American Eagle Outfitters from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 25th. Finally, Telsey Advisory Group reduced 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 report on Thursday, March 5th. One analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, American Eagle Outfitters has a consensus rating of “Hold” and an average price target of $22.45.

Insider Transactions at American Eagle Outfitters

In other American Eagle Outfitters news, Director Noel Joseph Spiegel sold 2,887 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $17.32, for a total transaction of $50,002.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Cary D. Mcmillan sold 2,887 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $17.23, for a total value of $49,743.01. Additional details regarding this sale are available in the official SEC disclosure. 8.95% of the stock is currently owned by company insiders.

American Eagle Outfitters Price Performance

American Eagle Outfitters stock opened at $17.57 on Thursday. The stock’s 50-day moving average is $17.16 and its 200-day moving average is $21.12. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 1.22 and a beta of 1.38. American Eagle Outfitters, Inc. has a 12 month low of $9.27 and a 12 month high of $28.46.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.13. The company had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.74 billion. American Eagle Outfitters had a return on equity of 16.76% and a net margin of 3.49%.The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business posted $0.54 EPS. Research analysts anticipate that American Eagle Outfitters, Inc. will post 1.75 EPS for the current year.

American Eagle Outfitters Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Friday, April 10th were paid a $0.125 dividend. The ex-dividend date was Friday, April 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.8%. American Eagle Outfitters’s dividend payout ratio (DPR) is 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.