Quantum Portfolio Management LLC Takes Position in American Airlines Group Inc. $AAL

Quantum Portfolio Management LLC purchased a new position in American Airlines Group Inc. (NASDAQ:AALFree Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 34,980 shares of the airline’s stock, valued at approximately $376,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Invesco Ltd. lifted its holdings in shares of American Airlines Group by 1.3% during the second quarter. Invesco Ltd. now owns 2,978,006 shares of the airline’s stock worth $33,413,000 after purchasing an additional 36,877 shares during the period. Brown Advisory Inc. boosted its holdings in shares of American Airlines Group by 42.6% in the 2nd quarter. Brown Advisory Inc. now owns 45,358 shares of the airline’s stock valued at $509,000 after acquiring an additional 13,539 shares during the last quarter. California Public Employees Retirement System grew its position in American Airlines Group by 5.0% during the 2nd quarter. California Public Employees Retirement System now owns 1,164,443 shares of the airline’s stock worth $13,065,000 after purchasing an additional 55,059 shares during the period. NewEdge Advisors LLC grew its holdings in American Airlines Group by 6.6% during the second quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock worth $149,000 after acquiring an additional 823 shares during the period. Finally, Sei Investments Co. grew its stake in shares of American Airlines Group by 34.4% during the 2nd quarter. Sei Investments Co. now owns 1,315,532 shares of the airline’s stock worth $14,760,000 after purchasing an additional 336,993 shares during the period. 52.44% of the stock is currently owned by institutional investors and hedge funds.

American Airlines Group News Summary

Here are the key news stories impacting American Airlines Group this week:

Wall Street Analyst Weigh In

Several brokerages recently weighed in on AAL. Wells Fargo & Company restated a “market perform” rating on shares of American Airlines Group in a research note on Tuesday, June 30th. BMO Capital Markets raised their price target on shares of American Airlines Group from $13.50 to $19.50 and gave the stock a “market perform” rating in a research note on Thursday, July 2nd. UBS Group lifted their price objective on American Airlines Group from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Barclays boosted their target price on shares of American Airlines Group from $16.00 to $19.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. Finally, Citigroup increased their price target on American Airlines Group from $14.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $19.37.

Read Our Latest Stock Analysis on American Airlines Group

Insider Activity at American Airlines Group

In related news, COO David Seymour sold 69,343 shares of the stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $17.00, for a total value of $1,178,831.00. Following the transaction, the chief operating officer directly owned 1,025,489 shares of the company’s stock, valued at $17,433,313. This trade represents a 6.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.70% of the stock is owned by company insiders.

American Airlines Group Stock Up 3.3%

Shares of NASDAQ:AAL opened at $17.06 on Friday. The stock has a market cap of $11.28 billion, a price-to-earnings ratio of 55.03 and a beta of 1.32. The firm’s 50 day moving average price is $14.75 and its 200 day moving average price is $13.71. American Airlines Group Inc. has a fifty-two week low of $10.09 and a fifty-two week high of $18.79.

American Airlines Group (NASDAQ:AALGet Free Report) last issued its earnings results on Thursday, April 23rd. The airline reported ($0.40) EPS for the quarter, topping analysts’ consensus estimates of ($0.45) by $0.05. The firm had revenue of $13.91 billion during the quarter, compared to the consensus estimate of $16.13 billion. American Airlines Group had a net margin of 0.36% and a negative return on equity of 9.11%. The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.59) earnings per share. American Airlines Group has set its FY 2026 guidance at -0.400-1.100 EPS and its Q2 2026 guidance at -0.200-0.200 EPS. On average, equities analysts anticipate that American Airlines Group Inc. will post 0.46 EPS for the current year.

American Airlines Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

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