Texas Permanent School Fund Corp Sells 104,133 Shares of American Airlines Group Inc. $AAL

Texas Permanent School Fund Corp cut its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL) by 32.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 212,936 shares of the airline’s stock after selling 104,133 shares during the quarter. Texas Permanent School Fund Corp’s holdings in American Airlines Group were worth $2,389,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Valeo Financial Advisors LLC bought a new position in American Airlines Group in the 2nd quarter worth approximately $218,000. Osaic Holdings Inc. boosted its holdings in shares of American Airlines Group by 39.8% in the second quarter. Osaic Holdings Inc. now owns 113,963 shares of the airline’s stock worth $1,278,000 after acquiring an additional 32,426 shares during the period. Centaurus Financial Inc. purchased a new position in shares of American Airlines Group in the second quarter valued at $182,000. Orion Porfolio Solutions LLC bought a new stake in shares of American Airlines Group during the 2nd quarter valued at $440,000. Finally, Thrivent Financial for Lutherans lifted its holdings in American Airlines Group by 0.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 155,284 shares of the airline’s stock worth $1,742,000 after purchasing an additional 1,110 shares in the last quarter. Hedge funds and other institutional investors own 52.44% of the company’s stock.

Wall Street Analysts Forecast Growth

AAL has been the subject of several analyst reports. Wells Fargo & Company assumed coverage on American Airlines Group in a research note on Thursday. They issued an “equal weight” rating and a $17.00 target price for the company. Susquehanna raised their price objective on shares of American Airlines Group from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Friday, October 3rd. BMO Capital Markets raised shares of American Airlines Group to a “hold” rating in a report on Tuesday, December 9th. UBS Group set a $20.00 target price on shares of American Airlines Group and gave the stock a “buy” rating in a research note on Friday, December 12th. Finally, The Goldman Sachs Group boosted their price target on shares of American Airlines Group from $8.00 to $10.00 and gave the company a “sell” rating in a research report on Wednesday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $16.46.

American Airlines Group Price Performance

AAL stock opened at $15.78 on Friday. The firm has a 50 day simple moving average of $13.51 and a two-hundred day simple moving average of $12.53. The stock has a market cap of $10.42 billion, a PE ratio of 18.35, a P/E/G ratio of 2.12 and a beta of 1.26. American Airlines Group Inc. has a one year low of $8.50 and a one year high of $19.10.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings data on Thursday, October 23rd. The airline reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.27) by $0.10. American Airlines Group had a net margin of 1.11% and a negative return on equity of 18.14%. The firm had revenue of $13.69 billion for the quarter, compared to analysts’ expectations of $13.65 billion. During the same quarter last year, the company posted $0.30 EPS. The business’s quarterly revenue was up .3% on a year-over-year basis. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS and its FY 2025 guidance at 0.650-0.950 EPS. On average, research analysts expect that American Airlines Group Inc. will post 2.42 EPS for the current fiscal year.

American Airlines Group Profile

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world’s largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.