First Trust Advisors LP boosted its position in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) by 58.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,419,706 shares of the airline’s stock after purchasing an additional 1,267,129 shares during the period. First Trust Advisors LP’s holdings in American Airlines Group were worth $36,728,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Two Sigma Investments LP lifted its holdings in shares of American Airlines Group by 49.1% in the third quarter. Two Sigma Investments LP now owns 13,670,800 shares of the airline’s stock valued at $153,660,000 after purchasing an additional 4,500,897 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of American Airlines Group by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 12,803,168 shares of the airline’s stock worth $196,323,000 after buying an additional 159,844 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of American Airlines Group by 2.2% during the first quarter. Dimensional Fund Advisors LP now owns 7,086,888 shares of the airline’s stock worth $76,098,000 after buying an additional 152,266 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of American Airlines Group by 6.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,483,781 shares of the airline’s stock worth $99,396,000 after buying an additional 406,393 shares in the last quarter. Finally, U S Global Investors Inc. raised its position in American Airlines Group by 15.5% in the 1st quarter. U S Global Investors Inc. now owns 6,435,049 shares of the airline’s stock valued at $69,112,000 after buying an additional 865,205 shares during the last quarter. Institutional investors and hedge funds own 52.44% of the company’s stock.
Wall Street Analyst Weigh In
AAL has been the topic of several research reports. Deutsche Bank Aktiengesellschaft boosted their target price on American Airlines Group from $13.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Cantor Fitzgerald set a $24.00 price objective on shares of American Airlines Group in a report on Thursday, July 2nd. Wall Street Zen lowered shares of American Airlines Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Susquehanna increased their target price on shares of American Airlines Group from $16.00 to $25.00 and gave the stock a “positive” rating in a report on Tuesday, July 7th. Finally, Bank of America increased their target price on shares of American Airlines Group from $16.00 to $19.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $19.03.
American Airlines Group Trading Up 3.2%
Shares of AAL opened at $14.95 on Tuesday. The company has a market cap of $9.89 billion, a price-to-earnings ratio of -30.51 and a beta of 1.32. American Airlines Group Inc. has a 1-year low of $10.09 and a 1-year high of $18.79. The company’s fifty day simple moving average is $15.41 and its 200 day simple moving average is $13.69.
American Airlines Group (NASDAQ:AAL – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.12. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The firm had revenue of $16.73 billion for the quarter, compared to analyst estimates of $16.70 billion. During the same period in the prior year, the firm posted $0.95 earnings per share. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. American Airlines Group has set its Q3 2026 guidance at -0.700–0.100 EPS and its FY 2026 guidance at -0.650-0.650 EPS. As a group, research analysts forecast that American Airlines Group Inc. will post 0.12 earnings per share for the current year.
Insider Activity
In related news, COO David Seymour sold 56,456 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $1,016,208.00. Following the completion of the sale, the chief operating officer directly owned 969,033 shares in the company, valued at approximately $17,442,594. This trade represents a 5.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.70% of the company’s stock.
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.
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