Jessup Wealth Management Inc trimmed its position in American Airlines Group Inc. (NASDAQ:AAL – Free Report) by 95.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,261 shares of the airline’s stock after selling 447,953 shares during the quarter. Jessup Wealth Management Inc’s holdings in American Airlines Group were worth $295,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. West Branch Capital LLC purchased a new position in American Airlines Group during the fourth quarter valued at approximately $31,000. MassMutual Private Wealth & Trust FSB raised its position in American Airlines Group by 102.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,353 shares of the airline’s stock valued at $36,000 after acquiring an additional 1,188 shares in the last quarter. Center for Financial Planning Inc. raised its position in American Airlines Group by 377.4% during the fourth quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline’s stock valued at $39,000 after acquiring an additional 2,000 shares in the last quarter. Clearstead Advisors LLC raised its position in American Airlines Group by 140.3% during the fourth quarter. Clearstead Advisors LLC now owns 2,968 shares of the airline’s stock valued at $45,000 after acquiring an additional 1,733 shares in the last quarter. Finally, TD Waterhouse Canada Inc. raised its position in American Airlines Group by 74.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 3,500 shares of the airline’s stock valued at $54,000 after acquiring an additional 1,498 shares in the last quarter. 52.44% of the stock is currently owned by hedge funds and other institutional investors.
American Airlines Group Trading Down 4.8%
Shares of AAL opened at $13.42 on Thursday. American Airlines Group Inc. has a 12 month low of $10.09 and a 12 month high of $16.50. The stock’s 50 day moving average is $12.56 and its two-hundred day moving average is $13.39. The firm has a market cap of $8.88 billion, a P/E ratio of 43.29 and a beta of 1.35.
Trending Headlines about American Airlines Group
Here are the key news stories impacting American Airlines Group this week:
- Neutral Sentiment: American Airlines held its shareholder/analyst call transcript, keeping investors focused on management commentary and any updates to demand, costs, and guidance. American Airlines Group Inc. (AAL) Shareholder/Analyst Call Transcript
- Positive Sentiment: Morgan Stanley raised its price target on American Airlines Group, maintaining an Overweight rating, which suggests Wall Street still sees upside if the company can execute on its turnaround. Morgan Stanley Lifts PT on American Airlines Group (AAL)
- Positive Sentiment: American Airlines announced a sustainable aviation fuel deal with Alphabet’s Google, a development that may support longer-term cost, sustainability, and partnership goals. Stock Market Today, June 9: American Airlines Group Rises on Sustainable Fuel Deal
- Neutral Sentiment: American Airlines also webcast its annual meeting of stockholders, which is mainly a routine corporate event unless management provides new strategic or financial updates. American Airlines to webcast annual meeting of stockholders
- Negative Sentiment: Sector research and commentary pointed to weaker 2026 profit expectations for airlines as fuel costs rise, which is a headwind for American Airlines Group and peers. 3 Airline Stocks to Watch Amid IATA’s Subdued 2026 Profit Forecast
- Negative Sentiment: Reuters said higher fuel prices are pressuring U.S. airlines and could leave weaker carriers at a disadvantage versus better-capitalized rivals, adding to concerns around AAL’s earnings outlook. Fuel price shock to widen product gap between US airlines
Analyst Ratings Changes
Several research analysts recently weighed in on the company. Wells Fargo & Company reduced their price target on American Airlines Group from $17.00 to $12.00 and set an “equal weight” rating for the company in a research report on Monday, March 16th. TD Cowen reduced their price target on American Airlines Group from $17.00 to $13.00 and set a “buy” rating for the company in a research report on Monday, March 9th. BMO Capital Markets lifted their price target on American Airlines Group from $12.00 to $13.50 and gave the company a “market perform” rating in a research report on Friday, April 24th. Citigroup reduced their price target on American Airlines Group from $21.00 to $14.00 and set a “buy” rating for the company in a research report on Friday, March 20th. Finally, Weiss Ratings cut American Airlines Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, June 1st. Eight research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, American Airlines Group currently has a consensus rating of “Hold” and an average price target of $15.53.
Read Our Latest Stock Report on American Airlines Group
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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