Assenagon Asset Management S.A. Trims Stock Position in American Airlines Group Inc. $AAL

Assenagon Asset Management S.A. lessened its stake in shares of American Airlines Group Inc. (NASDAQ:AAL) by 83.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 105,899 shares of the airline’s stock after selling 524,465 shares during the period. Assenagon Asset Management S.A.’s holdings in American Airlines Group were worth $1,137,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Neo Ivy Capital Management raised its position in American Airlines Group by 443.4% during the 3rd quarter. Neo Ivy Capital Management now owns 195,838 shares of the airline’s stock valued at $2,201,000 after purchasing an additional 159,800 shares in the last quarter. Clear Street Group Inc. purchased a new stake in shares of American Airlines Group in the 3rd quarter worth $1,480,000. Entropy Technologies LP grew its position in shares of American Airlines Group by 874.7% during the 3rd quarter. Entropy Technologies LP now owns 669,600 shares of the airline’s stock worth $7,526,000 after buying an additional 600,900 shares in the last quarter. M&T Bank Corp grew its position in shares of American Airlines Group by 818.7% during the 4th quarter. M&T Bank Corp now owns 212,892 shares of the airline’s stock worth $3,264,000 after buying an additional 189,720 shares in the last quarter. Finally, Columbus Hill Capital Management L.P. purchased a new position in shares of American Airlines Group during the third quarter valued at $4,487,000. Hedge funds and other institutional investors own 52.44% of the company’s stock.

Analyst Ratings Changes

AAL has been the subject of several recent research reports. Jefferies Financial Group lifted their price objective on American Airlines Group from $15.00 to $16.00 and gave the company a “hold” rating in a report on Wednesday, June 24th. Morgan Stanley raised their target price on shares of American Airlines Group from $20.00 to $24.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. BMO Capital Markets raised their target price on shares of 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. Barclays boosted their price target on shares of American Airlines Group from $16.00 to $19.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. Finally, TD Cowen lowered their price target on shares of 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. Eight investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, American Airlines Group has an average rating of “Hold” and a consensus price target of $17.28.

Insider Buying and Selling at American Airlines Group

In other news, COO David Seymour sold 56,456 shares of American Airlines Group stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $1,016,208.00. Following the transaction, the chief operating officer owned 969,033 shares of the company’s stock, valued at $17,442,594. The trade was a 5.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.70% of the company’s stock.

American Airlines Group Price Performance

Shares of AAL stock opened at $18.15 on Thursday. American Airlines Group Inc. has a 1-year low of $10.09 and a 1-year high of $18.47. The stock’s 50-day moving average is $14.07 and its 200 day moving average is $13.63. The company has a market cap of $12.00 billion, a P/E ratio of 58.55 and a beta of 1.31.

American Airlines Group (NASDAQ:AAL) last posted its earnings results on Thursday, April 23rd. The airline reported ($0.40) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.45) by $0.05. The company had revenue of $13.91 billion for the quarter, compared to analyst estimates of $16.13 billion. American Airlines Group had a negative return on equity of 9.11% and a net margin of 0.36%.The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.59) earnings per share. 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. On average, analysts anticipate that American Airlines Group Inc. will post 0.13 EPS for the current year.

American Airlines Group News Roundup

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

• Positive Sentiment: Bank of America’s Andrew Didora said higher airfares have largely held after spring price hikes, and he cited strong demand, stable fares, and lower fuel prices as tailwinds for U.S. airlines ahead of second-quarter earnings. Article Title
• Positive Sentiment: Bank of America raised its price target on American Airlines Group from $16 to $19, signaling improved sentiment even though the rating remains neutral. Article Title
• Positive Sentiment: Wells Fargo also lifted its price target on AAL from $12 to $17, reflecting a more favorable view of the stock’s valuation and airline fundamentals. Article Title
• Neutral Sentiment: American Airlines is opening a grab-and-go lounge at New York’s JFK airport, a small customer-experience update that is unlikely to move the stock by itself. Article Title
• Neutral Sentiment: Broader airline-stock coverage and industry lists published over the past day add little direct catalyst for AAL, but they reinforce ongoing investor interest in the sector. Article Title

American Airlines Group Company 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.