Wellington Management Group LLP Cuts Position in American Eagle Outfitters, Inc. $AEO

Wellington Management Group LLP trimmed its position in American Eagle Outfitters, Inc. (NYSE:AEO) by 37.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,215,210 shares of the apparel retailer’s stock after selling 3,718,418 shares during the quarter. Wellington Management Group LLP owned 3.60% of American Eagle Outfitters worth $72,221,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC raised its holdings in shares of 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 purchasing an additional 1,841 shares during the period. State of Wyoming purchased a new stake in shares of American Eagle Outfitters during the 4th quarter valued at about $49,000. Asset Management One Co. Ltd. raised its holdings in shares of American Eagle Outfitters by 38.7% during the 1st quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer’s stock valued at $48,000 after buying an additional 1,165 shares during the period. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of American Eagle Outfitters during the 4th quarter valued at about $156,000. Finally, CTC Alternative Strategies Ltd. purchased a new stake in shares of American Eagle Outfitters during the 4th quarter valued at about $175,000. 97.33% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on AEO. Telsey Advisory Group raised their target price on American Eagle Outfitters to $12.00 and gave the company a “hold” rating in a report on Friday, May 30th. Citigroup reiterated a “neutral” rating on shares of American Eagle Outfitters in a report on Friday, May 23rd. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $9.00 target price on shares of American Eagle Outfitters in a report on Monday, July 28th. Zacks Research upgraded American Eagle Outfitters to a “hold” rating in a report on Monday, August 11th. Finally, Barclays dropped their target price on American Eagle Outfitters from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Monday, May 12th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, American Eagle Outfitters presently has a consensus rating of “Reduce” and a consensus price target of $14.70.

American Eagle Outfitters Price Performance

AEO stock opened at $12.8350 on Friday. The company has a quick ratio of 0.56, a current ratio of 1.38 and a debt-to-equity ratio of 0.07. American Eagle Outfitters, Inc. has a 52-week low of $9.27 and a 52-week high of $22.83. The stock’s 50 day moving average is $10.97 and its two-hundred day moving average is $11.51. The company has a market capitalization of $2.22 billion, a PE ratio of 13.10 and a beta of 1.51.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Thursday, May 29th. The apparel retailer reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.04). American Eagle Outfitters had a return on equity of 13.34% and a net margin of 3.73%.The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the firm earned $0.34 earnings per share. 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. Analysts predict that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 25th. Shareholders of record on Friday, July 11th were issued a dividend of $0.125 per share. The ex-dividend date was Friday, July 11th. This represents a $0.50 annualized dividend and a yield of 3.9%. American Eagle Outfitters’s payout ratio is currently 51.02%.

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.