Principal Financial Group Inc. Acquires 54,182 Shares of American Airlines Group Inc. $AAL

Principal Financial Group Inc. boosted its stake in shares of American Airlines Group Inc. (NASDAQ:AALFree Report) by 3.8% in the first quarter, HoldingsChannel reports. The firm owned 1,473,358 shares of the airline’s stock after purchasing an additional 54,182 shares during the quarter. Principal Financial Group Inc.’s holdings in American Airlines Group were worth $15,824,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Two Sigma Investments LP boosted its holdings in shares of 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 buying an additional 4,500,897 shares during the period. Norges Bank bought a new position in American Airlines Group in the 4th quarter valued at about $33,198,000. AQR Capital Management LLC raised its holdings in American Airlines Group by 1,711.5% in the 4th quarter. AQR Capital Management LLC now owns 1,984,457 shares of the airline’s stock valued at $30,422,000 after acquiring an additional 1,874,909 shares during the period. First Trust Advisors LP lifted its position in American Airlines Group by 572.8% during the fourth quarter. First Trust Advisors LP now owns 2,152,577 shares of the airline’s stock worth $32,999,000 after acquiring an additional 1,832,613 shares during the last quarter. Finally, LSV Asset Management lifted its position in American Airlines Group by 102.5% during the fourth quarter. LSV Asset Management now owns 2,840,186 shares of the airline’s stock worth $43,540,000 after acquiring an additional 1,437,376 shares during the last quarter. 52.44% of the stock is currently owned by institutional investors and hedge funds.

American Airlines Group News Roundup

Here are the key news stories impacting American Airlines Group this week:

Analyst Upgrades and Downgrades

Several research firms have recently commented on AAL. Sanford C. Bernstein upped their target price on American Airlines Group from $20.00 to $23.00 and gave the company a “market outperform” rating in a research report on Wednesday, July 1st. Wall Street Zen cut American Airlines Group from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. BMO Capital Markets boosted their price target on American Airlines Group from $13.50 to $19.50 and gave the company a “market perform” rating in a research note on Thursday, July 2nd. Cantor Fitzgerald set a $24.00 price objective on American Airlines Group in a report on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on American Airlines Group from $13.00 to $18.00 and gave the company a “buy” rating in a report on Friday, May 29th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, American Airlines Group has an average rating of “Hold” and a consensus target price of $19.37.

Check Out Our Latest Stock Analysis on American Airlines Group

American Airlines Group Price Performance

American Airlines Group stock opened at $13.56 on Friday. The firm has a market cap of $8.97 billion, a PE ratio of 43.74 and a beta of 1.32. The stock’s fifty day moving average price is $15.31 and its two-hundred day moving average price is $13.70. American Airlines Group Inc. has a one year low of $10.09 and a one year high of $18.79.

American Airlines Group (NASDAQ:AALGet Free Report) last released its earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.12. The firm had revenue of $16.73 billion during the quarter, compared to the consensus estimate of $16.70 billion. American Airlines Group had a negative return on equity of 9.11% and a net margin of 0.36%.The company’s revenue was up 16.3% compared to the same quarter last year. During the same period in the prior year, the company 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. Sell-side analysts expect that American Airlines Group Inc. will post 0.57 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, COO David Seymour sold 69,343 shares of the business’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $17.00, for a total value of $1,178,831.00. Following the completion of the transaction, the chief operating officer owned 1,025,489 shares of the company’s stock, valued at $17,433,313. The trade was a 6.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.70% of the stock is currently owned by company insiders.

About American Airlines Group

(Free Report)

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.

Read More

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Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

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