Will American Eagle Outfitters’s Top Institutional Shareholders Buy More After Earnings?

For the year-to-date, American Eagle Outfitters, Inc.’s (NYSE:AEO) shares are up 44.74 percent. On Wednesday, the company reported second quarter earnings fell 3.3 percent from losses attributed to the sale of its children’s business but it did report stronger-than expected sales with fewer discounts and increased traffic.

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American Eagle Outfitters increased its adjusted earnings per share guidance for 2012 to $1.33 to $1.36, up from its previous estimate of $1.16 to $1.22. For the current quarter, the company has forecast earnings of 37 cents to 38 cents a share, while analysts had estimated 37 cents.

With it stronger sales figures and adjusted guidance, will American Eagle Outfitters’ largest shareholders increase their holdings? 392 institutional firms indicated owning shares of American Eagle Outfitters, Inc. (NYSE:AEO) in Q2 2012. These firms reported owning a total of 160.817 million shares on 06/30/2012. The shares closed at $19.73 on 06/30/2012.

Here are the ten largest positions in American Eagle Outfitters, Inc. at the end of June 30th, 2012.

Royce & Associates LLC held 10,440,683 shares on 06/30/2012 worth $205,994,671. This brought the portfolio total to 0.66%.

Vanguard Group Inc held 7,885,880 shares on 06/30/2012 worth $155,588,409. This brought the portfolio total to 0.02%.

Lazard Asset Management LLC held 6,006,415 shares on 06/30/2012 worth $118,506,565. This brought the portfolio total to 0.29%.

Bank of New York Mellon Corp held 5,915,173 shares on 06/30/2012 worth $116,706,361. This brought the portfolio total to 0.05%.

Blackrock Institutional Trust Company N.A. held 5,048,175 shares on 06/30/2012 worth $99,600,490. This brought the portfolio total to 0.02%.

FMR LLC held 4,837,892 shares on 06/30/2012 worth $95,451,607. This brought the portfolio total to 0.02%.

State Street Corp held 4,831,903 shares on 06/30/2012 worth $95,333,444. This brought the portfolio total to 0.02%.

Citadel Advisors LLC held 4,157,658 shares on 06/30/2012 worth $82,030,590. This brought the portfolio total to 0.3%.

Tiaa Cref Investment Management LLC held 3,903,919 shares on 06/30/2012 worth $77,024,320. This brought the portfolio total to 0.07%.

Blackrock Fund Advisors held 3,751,330 shares on 06/30/2012 worth $74,013,739. This brought the portfolio total to 0.04%.

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