2,165,580 Shares in American Airlines Group Inc. $AAL Bought by Norges Bank

Norges Bank purchased a new position in American Airlines Group Inc. (NASDAQ:AAL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,165,580 shares of the airline’s stock, valued at approximately $33,198,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its holdings in American Airlines Group by 21.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 4,276 shares of the airline’s stock worth $66,000 after acquiring an additional 766 shares in the last quarter. Arizona State Retirement System increased its holdings in American Airlines Group by 1.7% in the 3rd quarter. Arizona State Retirement System now owns 48,781 shares of the airline’s stock worth $548,000 after acquiring an additional 811 shares in the last quarter. NewEdge Advisors LLC increased its holdings in American Airlines Group by 6.6% in 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. Frank Rimerman Advisors LLC increased its holdings in American Airlines Group by 4.5% in the 4th quarter. Frank Rimerman Advisors LLC now owns 22,346 shares of the airline’s stock worth $343,000 after acquiring an additional 954 shares in the last quarter. Finally, US Bancorp DE increased its holdings in American Airlines Group by 7.9% in the 3rd quarter. US Bancorp DE now owns 13,469 shares of the airline’s stock worth $151,000 after acquiring an additional 983 shares in the last quarter. Hedge funds and other institutional investors own 52.44% of the company’s stock.

American Airlines Group Trading Up 0.7%

Shares of AAL stock opened at $13.60 on Tuesday. The company’s 50-day moving average price is $12.42 and its 200-day moving average price is $13.37. The stock has a market cap of $8.99 billion, a price-to-earnings ratio of 43.87 and a beta of 1.35. American Airlines Group Inc. has a twelve month low of $10.09 and a twelve month high of $16.50.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings results on Thursday, April 23rd. The airline reported ($0.40) earnings per share for the quarter, beating the consensus estimate of ($0.45) by $0.05. The firm had revenue of $13.91 billion for the quarter, compared to analysts’ expectations of $16.13 billion. American Airlines Group had a net margin of 0.36% and a negative return on equity of 9.11%. The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.59) EPS. American Airlines Group has set its FY 2026 guidance at -0.400-1.100 EPS and its Q2 2026 guidance at -0.200-0.200 EPS. As a group, equities research analysts predict that American Airlines Group Inc. will post -0.07 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Citigroup dropped their target price on shares of American Airlines Group from $21.00 to $14.00 and set a “buy” rating for the company in a report on Friday, March 20th. TD Cowen dropped their target price on shares of American Airlines Group from $17.00 to $13.00 and set a “buy” rating for the company in a report on Monday, March 9th. UBS Group upped their target price on shares of American Airlines Group from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Susquehanna dropped their target price on shares of American Airlines Group from $17.00 to $16.00 and set a “positive” rating for the company in a report on Friday, April 24th. Finally, Wall Street Zen raised shares of American Airlines Group from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Eight analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $15.53.

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.