Prime Capital Investment Advisors LLC lowered its stake in American Airlines Group Inc. (NASDAQ:AAL – Free Report) by 29.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,535 shares of the airline’s stock after selling 29,156 shares during the period. Prime Capital Investment Advisors LLC’s holdings in American Airlines Group were worth $803,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Russell Investments Group Ltd. increased its stake in shares of American Airlines Group by 169.6% in the first quarter. Russell Investments Group Ltd. now owns 485,995 shares of the airline’s stock worth $5,128,000 after acquiring an additional 305,740 shares during the period. Janney Montgomery Scott LLC raised its position in shares of American Airlines Group by 99.5% in the first quarter. Janney Montgomery Scott LLC now owns 32,160 shares of the airline’s stock worth $339,000 after acquiring an additional 16,041 shares during the period. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of American Airlines Group in the first quarter worth about $870,000. Strathmore Capital Advisors Inc. purchased a new position in shares of American Airlines Group in the 2nd quarter valued at about $231,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of American Airlines Group by 14.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 59,027 shares of the airline’s stock valued at $623,000 after purchasing an additional 7,557 shares in the last quarter. Institutional investors and hedge funds own 52.44% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have commented on AAL. Evercore ISI raised their price objective on American Airlines Group from $13.00 to $14.00 and gave the company an “in-line” rating in a report on Monday, September 29th. Bank of America upped their price objective on shares of American Airlines Group from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, August 18th. Jefferies Financial Group boosted their target price on shares of American Airlines Group from $12.00 to $13.00 and gave the stock a “hold” rating in a research note on Wednesday, October 1st. Susquehanna boosted their target price on shares of American Airlines Group from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Finally, Raymond James Financial set a $14.00 price objective on American Airlines Group in a report on Monday, August 25th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.59.
American Airlines Group Stock Down 1.6%
Shares of NASDAQ:AAL opened at $11.62 on Friday. The business has a fifty day moving average of $12.40 and a two-hundred day moving average of $11.48. The stock has a market cap of $7.67 billion, a P/E ratio of 14.53, a PEG ratio of 3.82 and a beta of 1.36. American Airlines Group Inc. has a 52-week low of $8.50 and a 52-week high of $19.10.
American Airlines Group (NASDAQ:AAL – Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The airline reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.16. American Airlines Group had a net margin of 1.05% and a negative return on equity of 24.55%. The firm had revenue of $14.39 billion for the quarter, compared to analysts’ expectations of $14.27 billion. During the same quarter in the previous year, the company posted $1.09 EPS. The company’s revenue was up .4% compared to the same quarter last year. American Airlines Group has set its Q3 2025 guidance at -0.600–0.100 EPS. On average, equities analysts anticipate that American Airlines Group Inc. will post 2.42 earnings per share for the current year.
About American Airlines Group
American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.
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