Shares of American Eagle Outfitters Inc. (NYSE:AEO) saw unusually-strong trading volume on Tuesday . Approximately 4,279,756 shares changed hands during mid-day trading, an increase of 23% from the previous session’s volume of 3,484,292 shares.The stock last traded at $17.99 and had previously closed at $17.93.

Several equities research analysts have recently commented on AEO shares. Wolfe Research boosted their price target on shares of American Eagle Outfitters from $19.00 to $20.00 and gave the company an “outperform” rating in a report on Friday, May 20th. JPMorgan Chase & Co. boosted their price objective on shares of American Eagle Outfitters from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, May 19th. Vetr upgraded shares of American Eagle Outfitters from a “buy” rating to a “strong-buy” rating and set a $15.50 price objective for the company in a research note on Wednesday, May 18th. Wunderlich reduced their price objective on shares of American Eagle Outfitters from $15.50 to $13.00 and set a “hold” rating for the company in a research note on Monday, May 16th. Finally, Zacks Investment Research upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Monday, July 4th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and fourteen have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $17.86.

The firm has a market capitalization of $3.25 billion and a price-to-earnings ratio of 15.08. The company’s 50 day moving average price is $16.35 and its 200 day moving average price is $15.49.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Wednesday, May 18th. The apparel retailer reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter last year, the business earned $0.15 earnings per share. The business’s quarterly revenue was up 7.0% on a year-over-year basis. On average, equities analysts anticipate that American Eagle Outfitters Inc. will post $1.27 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 20th. Investors of record on Wednesday, July 6th were given a $0.125 dividend. The ex-dividend date was Friday, July 1st. This represents a $0.50 dividend on an annualized basis and a yield of 2.79%.

In related news, insider Jennifer M. Foyle sold 13,568 shares of American Eagle Outfitters stock in a transaction on Friday, May 20th. The shares were sold at an average price of $15.72, for a total value of $213,288.96. Following the transaction, the insider now directly owns 10,532 shares in the company, valued at approximately $165,563.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Charles F. Kessler sold 4,784 shares of American Eagle Outfitters 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 completion of the transaction, the insider now owns 19,325 shares in the company, valued at $306,301.25. The disclosure for this sale can be found here.

A number of institutional investors have recently bought and sold shares of AEO. Foresters Investment Management Company Inc. raised its position in 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. Principal Financial Group Inc. raised its position in American Eagle Outfitters by 2.4% in the fourth quarter. Principal Financial Group Inc. now owns 581,712 shares of the apparel retailer’s stock worth $9,016,000 after buying an additional 13,380 shares during the period. WBI Investments Inc. raised its position in 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. State of Wisconsin Investment Board raised its position in 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, Paradigm Capital Management Inc. NY raised its stake in shares of American Eagle Outfitters by 1.6% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 238,800 shares of the apparel retailer’s stock valued at $3,701,000 after buying an additional 3,750 shares during the last quarter.

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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