California Public Employees Retirement System lifted its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) by 3.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,257,749 shares of the airline’s stock after acquiring an additional 38,844 shares during the quarter. California Public Employees Retirement System’s holdings in American Airlines Group were worth $13,508,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently made changes to their positions in AAL. Wealthfront Advisers LLC raised its stake in shares of American Airlines Group by 22.4% in the 1st quarter. Wealthfront Advisers LLC now owns 21,534 shares of the airline’s stock valued at $231,000 after purchasing an additional 3,944 shares in the last quarter. Twin Capital Management Inc. bought a new stake in American Airlines Group during the first quarter valued at $641,000. Sanctuary Advisors LLC lifted its holdings in American Airlines Group by 46.3% in the first quarter. Sanctuary Advisors LLC now owns 40,283 shares of the airline’s stock worth $433,000 after acquiring an additional 12,752 shares during the last quarter. State of Michigan Retirement System boosted its stake in American Airlines Group by 1.9% in the first quarter. State of Michigan Retirement System now owns 158,900 shares of the airline’s stock valued at $1,707,000 after acquiring an additional 2,900 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in American Airlines Group by 3.8% in the first quarter. Principal Financial Group Inc. now owns 1,473,358 shares of the airline’s stock valued at $15,824,000 after acquiring an additional 54,182 shares during the period. 52.44% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on AAL shares. Cantor Fitzgerald set a $24.00 price objective on American Airlines Group in a research report on Thursday, July 2nd. Weiss Ratings upgraded shares of American Airlines Group from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of American Airlines Group from $13.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, May 29th. JPMorgan Chase & Co. raised their price target on shares of American Airlines Group from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Bank of America lifted their price target on American Airlines Group from $16.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $19.18.
Insiders Place Their Bets
In related news, COO David Seymour sold 69,343 shares of the company’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $17.00, for a total transaction of $1,178,831.00. Following the transaction, the chief operating officer directly owned 1,025,489 shares of the company’s stock, valued at approximately $17,433,313. The trade was a 6.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.70% of the company’s stock.
American Airlines Group Price Performance
Shares of AAL opened at $14.48 on Friday. The firm’s 50 day moving average is $15.35 and its 200-day moving average is $13.71. American Airlines Group Inc. has a 12-month low of $10.09 and a 12-month high of $18.79. The stock has a market capitalization of $9.58 billion, a P/E ratio of -29.55 and a beta of 1.32.
American Airlines Group (NASDAQ:AAL – Get Free Report) last released its earnings results on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, beating the consensus estimate of $0.03 by $0.12. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The business had revenue of $16.73 billion during the quarter, compared to analyst estimates of $16.70 billion. During the same period in the prior year, the business earned $0.95 earnings per share. The business’s quarterly revenue was up 16.3% on a year-over-year basis. 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. As a group, equities research analysts forecast that American Airlines Group Inc. will post 0.2 EPS for the current fiscal year.
Key Headlines Impacting American Airlines Group
Here are the key news stories impacting American Airlines Group this week:
- Positive Sentiment: JPMorgan raised its price target on AAL to $24 from $22 and kept an overweight rating, signaling greater confidence in the stock’s upside after the post-earnings pullback. Benzinga
- Positive Sentiment: Zacks added American Airlines to its Rank #1 (Strong Buy) list, while other commentary said the stock looks technically oversold and could be due for a turnaround. Zacks
- Positive Sentiment: Analysts and market commentary pointed to improving sentiment around revenue strategy, premium demand, loyalty growth, and network gains, which supports the case for a recovery after the stock’s recent drop. Yahoo Finance
- Neutral Sentiment: American Airlines reported record quarterly revenue of $16.74 billion and beat EPS expectations, but investors are balancing that strength against a sharp profit decline year over year and a weaker full-year outlook. GlobeNewswire
- Negative Sentiment: The main pressure point remains surging jet fuel costs, which led American Airlines to cut its earnings guidance and cloud the profit outlook despite strong demand trends. CNBC
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.
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