American Eagle Outfitters Inc. (NYSE:AEO) gapped up prior to trading on Monday . The stock had previously closed at $17.12, but opened at $17.17. American Eagle Outfitters shares last traded at $17.40, with a volume of 1,794,387 shares changing hands.

A number of brokerages have commented on AEO. Vetr raised American Eagle Outfitters from a “buy” rating to a “strong-buy” rating and set a $15.50 price objective on the stock in a report on Wednesday, May 18th. Stifel Nicolaus decreased their price objective on American Eagle Outfitters from $20.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday, May 19th. JPMorgan Chase & Co. upped their price objective on American Eagle Outfitters from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday, May 19th. Deutsche Bank AG decreased their price objective on American Eagle Outfitters from $17.00 to $16.00 and set a “hold” rating on the stock in a report on Thursday, May 19th. Finally, FBR & Co reaffirmed a “buy” rating and issued a $19.00 price objective on shares of American Eagle Outfitters in a report on Thursday, May 19th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and fourteen have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $17.69.

The stock has a market capitalization of $3.15 billion and a PE ratio of 14.64. The company’s 50 day moving average price is $16.00 and its 200 day moving average price is $15.32.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings results on Wednesday, May 18th. The apparel retailer reported $0.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.04. The firm earned $749 million during the quarter, compared to analysts’ expectations of $732.84 million. During the same period in the prior year, the firm posted $0.15 earnings per share. American Eagle Outfitters’s revenue for the quarter was up 7.0% compared to the same quarter last year. Equities analysts expect that American Eagle Outfitters Inc. will post $1.27 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 20th. Stockholders of record on Wednesday, July 6th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date was Friday, July 1st.

In other news, insider Charles F. Kessler sold 4,784 shares of the business’s stock in a transaction on Monday, May 23rd. The shares were sold at an average price of $15.85, for a total transaction of $75,826.40. Following the sale, the insider now directly owns 19,325 shares of the company’s stock, valued at $306,301.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jennifer M. Foyle sold 13,568 shares of the business’s stock in a transaction on Friday, May 20th. The shares were sold at an average price of $15.72, for a total transaction of $213,288.96. Following the sale, the insider now directly owns 10,532 shares in the company, valued at $165,563.04. The disclosure for this sale can be found here.

Several large investors recently made changes to their positions in AEO. Vanguard Group Inc. raised its stake in shares of American Eagle Outfitters by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 18,796,950 shares of the apparel retailer’s stock worth $291,353,000 after buying an additional 833,142 shares during the period. WBI Investments Inc. raised its stake in shares of American Eagle Outfitters by 88.0% in the fourth quarter. WBI Investments Inc. now owns 1,349,343 shares of the apparel retailer’s stock worth $20,915,000 after buying an additional 631,664 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of American Eagle Outfitters by 6.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,010,489 shares of the apparel retailer’s stock worth $77,664,000 after buying an additional 320,640 shares during the period. State of Wisconsin Investment Board raised its stake in shares of American Eagle Outfitters by 73.5% in the fourth quarter. State of Wisconsin Investment Board now owns 567,500 shares of the apparel retailer’s stock worth $8,796,000 after buying an additional 240,500 shares during the period. Finally, Foresters Investment Management Company Inc. raised its stake in shares of American Eagle Outfitters by 9.8% in the fourth quarter. Foresters Investment Management Company Inc. now owns 2,567,500 shares of the apparel retailer’s stock worth $39,796,000 after buying an additional 229,700 shares during the period.

American Eagle Outfitters, Inc is an apparel and accessories retailer. The Company offers clothing, accessories and personal care products. The Company operates under the American Eagle Outfitters and aerie by American Eagle Outfitters brands. The American Eagle Outfitters brand offers denims, pants, shorts, sweaters, fleece, outerwear, graphic t-shirts, footwear and accessories.

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