Cibc World Market Inc. bought a new position in American Airlines Group Inc. (NASDAQ:AAL – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 156,205 shares of the airline’s stock, valued at approximately $2,823,000.
Other institutional investors have also bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of American Airlines Group in the second quarter valued at about $1,144,739,000. Two Sigma Investments LP grew its position in shares of American Airlines Group by 49.1% during the third quarter. Two Sigma Investments LP now owns 13,670,800 shares of the airline’s stock worth $153,660,000 after purchasing an additional 4,500,897 shares in the last quarter. Geode Capital Management LLC grew its position 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 purchasing an additional 159,844 shares in the last quarter. Renaissance Technologies LLC raised its stake in American Airlines Group by 569.4% during the 1st quarter. Renaissance Technologies LLC now owns 9,687,232 shares of the airline’s stock valued at $104,041,000 after purchasing an additional 8,240,100 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in American Airlines Group by 2.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,086,888 shares of the airline’s stock valued at $76,098,000 after purchasing an additional 152,266 shares during the period. Hedge funds and other institutional investors own 52.44% of the company’s stock.
Trending Headlines about American Airlines Group
Here are the key news stories impacting American Airlines Group this week:
- Positive Sentiment: American Airlines’ second-quarter results compared favorably with many travel and vacation-provider peers. The company reported adjusted earnings of $0.15 per share, exceeding the $0.03 consensus estimate, while revenue rose 16.3% year over year to $16.74 billion. Q2 Earnings Highs And Lows: American Airlines Vs The Rest Of The Consumer Discretionary Travel and Vacation Providers Stocks
- Neutral Sentiment: Recent industry comparisons highlight American’s earnings performance but do not identify a new company-specific operating catalyst. Its negative net margin and negative return on equity remain concerns despite the quarterly earnings beat. Q2 Earnings Highs and Lows: American Airlines Vs The Rest of the Consumer Discretionary Travel and Vacation Providers Stocks
- Neutral Sentiment: The reported August short-interest data showed zero shares sold short, but the figures included an unexplained “NaN” change and a zero-day short-interest ratio. As a result, the data does not provide a reliable indication of investor positioning.
- Neutral Sentiment: General airline-stock research and an article focused on SkyWest’s valuation offer limited direct information about American Airlines’ near-term earnings outlook or valuation. Best Airline Stocks To Research
- Negative Sentiment: TD Cowen lowered its expectations for American Airlines’ stock price, adding analyst pressure after the company’s mixed profitability outlook. American’s guidance calls for a projected third-quarter loss and a wide full-year earnings range. TD Cowen Has Lowered Expectations for American Airlines Group Stock Price
- Negative Sentiment: United Airlines announced its largest international expansion, adding 10 new destinations for 2027. The move underscores intensifying competition for international passengers and could weigh on American’s growth and pricing prospects. Why United Airlines Stock Is Flying Higher Than Delta and American Today
Insider Activity
Wall Street Analysts Forecast Growth
A number of research firms recently commented on AAL. Melius Research cut American Airlines Group from a “buy” rating to a “hold” rating and boosted their price target for the stock from $15.00 to $19.00 in a report on Tuesday, July 7th. Jefferies Financial Group lifted their price objective on shares of American Airlines Group from $15.00 to $16.00 and gave the company a “hold” rating in a research report on Wednesday, June 24th. Susquehanna boosted 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. Wall Street Zen downgraded shares of American Airlines Group from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Barclays upped their target price on shares of American Airlines Group from $16.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $18.86.
Get Our Latest Research Report on AAL
American Airlines Group Stock Performance
NASDAQ AAL opened at $13.84 on Thursday. The company has a market capitalization of $9.16 billion, a P/E ratio of -28.24 and a beta of 1.34. American Airlines Group Inc. has a one year low of $10.09 and a one year high of $18.79. The stock has a 50 day moving average price of $15.74 and a 200-day moving average price of $13.71.
American Airlines Group (NASDAQ:AAL – Get Free Report) last posted its earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $16.70 billion. During the same period in the previous year, the firm posted $0.95 EPS. The business’s quarterly revenue was up 16.3% on a year-over-year basis. 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, equities analysts predict that American Airlines Group Inc. will post -0.13 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.
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