5 Value Stocks with High Dividend Yields

3. American Eagle Outfitters, Inc. (NYSE:AEO)

Dividend Yield as of May 11: 5.33%

P/E Ratio as of May 11: 6.64

Number of Hedge Fund Holders: 31

American Eagle Outfitters, Inc. (NYSE:AEO) is a Pennsylvania-based retailer of clothing, accessories, and personal care products for men and women. With a P/E ratio of 6.64, American Eagle Outfitters, Inc. (NYSE:AEO) is a significant value stock to consider, offering a dividend yield of 5.33% as of May 11. The company declared a $0.18 per share dividend on March 2, which was distributed on March 24. American Eagle Outfitters, Inc. (NYSE:AEO) pays shareholders on a quarterly basis. 

On April 11, JPMorgan analyst Matthew Boss assigned an Overweight rating to American Eagle Outfitters, Inc. (NYSE:AEO) but lowered the price target on the stock to $29 from $32 after the firm’s annual Retail Round-Up. The key takeaway from the event was “consumer resilience to date”, with management teams widely citing Q1 topline trends as planned despite headwinds. The analyst told investors that retail inventory levels were “healthy”, and the promotional backdrop was described as “rational”.

According to Insider Monkey’s database, 31 hedge funds were bullish on American Eagle Outfitters, Inc. (NYSE:AEO) at the end of Q4 2021, up from 24 funds in the earlier quarter. Select Equity Group held the leading position in the company, with 21.5 million shares worth $546.75 million.