BMO Capital Markets upgraded shares of American Airlines Group (NASDAQ:AAL – Free Report) to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.
Other analysts have also recently issued reports about the company. Bank of America upped their target price on American Airlines Group from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, August 18th. Citigroup started coverage on shares of American Airlines Group in a report on Thursday, December 4th. They issued a “buy” rating and a $19.00 target price on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of American Airlines Group in a research note on Monday. Raymond James Financial set a $14.00 price target on shares of American Airlines Group in a research report on Monday, August 25th. Finally, Evercore ISI increased their price objective on American Airlines Group from $13.00 to $14.00 and gave the stock an “in-line” rating in a research report on Monday, September 29th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $16.40.
American Airlines Group Trading Up 1.1%
American Airlines Group (NASDAQ:AAL – Get Free Report) last released its earnings results on Thursday, October 23rd. The airline reported ($0.17) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.10. The business had revenue of $13.69 billion for the quarter, compared to analyst estimates of $13.65 billion. American Airlines Group had a net margin of 1.11% and a negative return on equity of 18.14%. The business’s revenue was up .3% on a year-over-year basis. During the same period last year, the company posted $0.30 EPS. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS and its FY 2025 guidance at 0.650-0.950 EPS. As a group, analysts predict that American Airlines Group will post 2.42 earnings per share for the current fiscal year.
Institutional Trading of American Airlines Group
A number of institutional investors and hedge funds have recently added to or reduced their stakes in AAL. Arizona State Retirement System boosted its position in shares of American Airlines Group by 1.7% during the third quarter. Arizona State Retirement System now owns 48,781 shares of the airline’s stock worth $548,000 after buying an additional 811 shares during the period. NewEdge Advisors LLC lifted its stake in American Airlines Group by 6.6% during the 2nd quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock worth $149,000 after acquiring an additional 823 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in American Airlines Group by 0.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 204,485 shares of the airline’s stock valued at $2,294,000 after acquiring an additional 848 shares during the period. Teacher Retirement System of Texas boosted its holdings in American Airlines Group by 3.9% during the 2nd quarter. Teacher Retirement System of Texas now owns 24,965 shares of the airline’s stock valued at $280,000 after acquiring an additional 948 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in American Airlines Group by 11.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 9,558 shares of the airline’s stock valued at $101,000 after acquiring an additional 969 shares in the last quarter. Hedge funds and other institutional investors own 52.44% of the company’s stock.
About American Airlines Group
American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.
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