Public Employees Retirement System of Ohio acquired a new position in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund acquired 272,215 shares of the airline’s stock, valued at approximately $4,919,000.
Other institutional investors also recently bought and sold shares of the company. Primecap Management Co. CA purchased a new position in shares of American Airlines Group in the 2nd quarter valued at $1,278,144,000. BlackRock Inc. acquired a new position in shares of American Airlines Group during the 2nd quarter valued at $1,144,739,000. Two Sigma Investments LP boosted its position in American Airlines Group by 49.1% during the 3rd 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 during the period. Geode Capital Management LLC increased its holdings in American Airlines Group by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 12,803,168 shares of the airline’s stock valued at $196,323,000 after purchasing an additional 159,844 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in American Airlines Group by 569.4% in the first 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. 52.44% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at American Airlines Group
In other news, COO David Seymour sold 56,456 shares of the business’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total transaction of $1,016,208.00. Following the completion of the transaction, the chief operating officer owned 969,033 shares of the company’s stock, valued at approximately $17,442,594. The trade was a 5.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Angela Owens sold 40,077 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $15.26, for a total transaction of $611,575.02. Following the transaction, the senior vice president owned 178,799 shares of the company’s stock, valued at $2,728,472.74. This represents a 18.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 205,044 shares of company stock worth $3,407,451 over the last ninety days. 0.70% of the stock is owned by corporate insiders.
American Airlines Group Stock Performance
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, beating the consensus estimate of $0.03 by $0.12. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The business 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 company posted $0.95 EPS. The business’s 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. On average, equities research analysts forecast that American Airlines Group Inc. will post -0.16 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the company. Weiss Ratings lowered American Airlines Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, August 26th. Sanford C. Bernstein boosted their price target on American Airlines Group from $20.00 to $23.00 and gave the stock a “market outperform” rating in a research report on Wednesday, July 1st. Melius Research cut American Airlines Group from a “buy” rating to a “hold” rating and upped their price target for the stock from $15.00 to $19.00 in a report on Tuesday, July 7th. UBS Group lowered their price objective on shares of American Airlines Group from $21.00 to $18.00 and set a “buy” rating for the company in a research report on Monday, July 27th. Finally, Wells Fargo & Company reiterated a “market perform” rating on shares of American Airlines Group in a research note on Tuesday, June 30th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, American Airlines Group has a consensus rating of “Hold” and an average target price of $18.86.
Check Out Our Latest Analysis on AAL
American Airlines Group News Roundup
Here are the key news stories impacting American Airlines Group this week:
- Positive Sentiment: Premium-cabin expansion targets higher margins. American is retrofitting Boeing 777-300ER aircraft with 144 premium seats, including 70 lie-flat Flagship Suite seats with sliding doors. The airline is increasing business-class capacity while phasing out traditional first class, aiming to capture stronger demand and higher yields from wealthier travelers. American Airlines continues premium push with redesigned Boeing planes
- Positive Sentiment: Fuel and industry developments provided near-term support. A pause in crude oil’s recent rally reduces pressure on one of American’s largest operating expenses, while travel-sector discussions at the White House may have improved sentiment toward airline stocks. Why Is American Airlines Stock Surging on Wednesday?
- Neutral Sentiment: American is making a broader bet on premium travel. The company believes richer passengers can lift profitability, but investors will watch whether the upgraded cabins generate enough incremental revenue to justify the aircraft-reconfiguration costs. American Airlines Makes Bold Move to Win Wealthier Flyers
- Neutral Sentiment: Employee benefit expansion adds a modest cost. American will match up to $1,000 per eligible child in new Trump Accounts for employees’ children and offer a pretax savings option. The measure could support retention and morale, but is not expected to materially change near-term earnings. American Airlines adds $1,000 Trump Account match for workers’ children
- Negative Sentiment: Analyst sentiment remains cautious. Brokerages maintain an average “Hold” recommendation, and a separate analysis also rates AAL a hold despite recovery potential, limiting the impact of the premium-travel strategy on valuation. American Airlines Group Given Average Recommendation of Hold American Airlines Remains a Hold Despite Recovery Potential
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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