Engineers Gate Manager LP Purchases 227,720 Shares of American Airlines Group Inc. $AAL

Engineers Gate Manager LP raised its position in shares of American Airlines Group Inc. (NASDAQ:AAL) by 168.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 362,718 shares of the airline’s stock after purchasing an additional 227,720 shares during the period. Engineers Gate Manager LP owned approximately 0.05% of American Airlines Group worth $6,554,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Gradient Investments LLC purchased a new stake in American Airlines Group in the 2nd quarter worth approximately $2,844,000. GSA Capital Partners LLP bought a new position in shares of American Airlines Group during the second quarter valued at approximately $5,666,000. BlackRock Inc. purchased a new stake in American Airlines Group in the second quarter worth $1,144,739,000. Assenagon Asset Management S.A. lifted its stake in American Airlines Group by 1,025.5% in the second quarter. Assenagon Asset Management S.A. now owns 1,191,912 shares of the airline’s stock worth $21,538,000 after acquiring an additional 1,086,013 shares during the period. Finally, U S Global Investors Inc. boosted its holdings in American Airlines Group by 15.5% in the first quarter. U S Global Investors Inc. now owns 6,435,049 shares of the airline’s stock valued at $69,112,000 after acquiring an additional 865,205 shares in the last quarter. Institutional investors own 52.44% of the company’s stock.

American Airlines Group Trading Up 1.2%

AAL opened at $13.01 on Friday. The stock has a fifty day simple moving average of $14.76 and a two-hundred day simple moving average of $13.62. The company has a market cap of $8.61 billion, a price-to-earnings ratio of -26.55 and a beta of 1.33. American Airlines Group Inc. has a 12-month low of $10.09 and a 12-month high of $18.79.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.12. The firm had revenue of $16.73 billion for the quarter, compared to analysts’ expectations of $16.70 billion. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The company’s quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.95 EPS. 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. On average, analysts predict that American Airlines Group Inc. will post -0.16 EPS for the current year.

Insider Activity

In other American Airlines Group news, SVP Angela Owens sold 40,077 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $15.26, for a total value of $611,575.02. Following the sale, the senior vice president owned 178,799 shares in the company, valued at approximately $2,728,472.74. This represents a 18.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO David Seymour sold 56,456 shares of the company’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $18.00, for a total transaction of $1,016,208.00. Following the completion of the sale, the chief operating officer owned 969,033 shares in the company, valued at approximately $17,442,594. This trade represents a 5.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 205,044 shares of company stock worth $3,407,451 in the last three months. 0.70% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Citigroup reduced their price objective on shares of American Airlines Group from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Wells Fargo & Company reaffirmed a “market perform” rating on shares of American Airlines Group in a research note on Tuesday, June 30th. UBS Group reduced their price target on shares of American Airlines Group from $18.00 to $17.00 and set a “buy” rating on the stock in a research report on Thursday. Barclays reduced their price target on shares of American Airlines Group from $19.00 to $14.00 and set an “equal weight” rating on the stock in a research report on Friday. Finally, Melius Research downgraded shares of American Airlines Group from a “buy” rating to a “hold” rating and increased their price target for the stock from $15.00 to $19.00 in a research note on Tuesday, July 7th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $18.53.

About American Airlines Group

American Airlines Group Inc is a holding company whose principal subsidiary, American Airlines, provides scheduled passenger air transportation and cargo services. The airline serves destinations throughout the United States and connects customers to international markets across the Americas, Europe, Asia and other regions through its own network and partnerships.

American Airlines offers multiple travel classes and related services, including reservations, onboard products, travel rewards through the AAdvantage loyalty program, and freight transportation.