Legal & General Group Plc Buys Shares of 526,645 American Airlines Group Inc. $AAL

Legal & General Group Plc purchased a new position in shares of American Airlines Group Inc. (NASDAQ:AAL) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 526,645 shares of the airline’s stock, valued at approximately $9,516,000. Legal & General Group Plc owned about 0.08% of American Airlines Group as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. BlackRock Inc. bought a new position in American Airlines Group during the second quarter worth about $1,144,739,000. Two Sigma Investments LP grew its holdings in shares of American Airlines Group by 49.1% in the 3rd quarter. Two Sigma Investments LP now owns 13,670,800 shares of the airline’s stock worth $153,660,000 after purchasing an additional 4,500,897 shares during the last quarter. Geode Capital Management LLC increased its position in shares of American Airlines Group by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 12,803,168 shares of the airline’s stock worth $196,323,000 after purchasing an additional 159,844 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in American Airlines Group by 569.4% during the 1st quarter. Renaissance Technologies LLC now owns 9,687,232 shares of the airline’s stock valued at $104,041,000 after purchasing an additional 8,240,100 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in American Airlines Group by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 7,086,888 shares of the airline’s stock valued at $76,098,000 after buying an additional 152,266 shares in the last quarter. Institutional investors and hedge funds own 52.44% of the company’s stock.

Trending Headlines about American Airlines Group

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

• Positive Sentiment: American Airlines introduced a new employee benefit offering a $1,000 match for each eligible child’s Trump Account, along with a pretax savings option. The benefit could support employee recruitment and retention, though its direct effect on earnings is likely limited. American Airlines adds $1,000 Trump Account match for workers’ children
• Neutral Sentiment: Brokerages maintain an average “Hold” recommendation on AAL, indicating analysts see a balance between the airline’s recovery potential and ongoing execution and profitability risks. American Airlines Group Given Average Recommendation of Hold
• Neutral Sentiment: A Seeking Alpha analysis also rates American Airlines a “Hold.” It acknowledges potential for recovery but suggests investors may prefer clearer evidence of improving margins and operating performance before turning more bullish. American Airlines Remains A Hold Despite Recovery Potential
• Negative Sentiment: Rising oil prices are increasing concern about jet-fuel expenses, while capacity-related challenges and merger uncertainty are adding to the pressure on the airline’s outlook. These factors likely contributed to recent weakness in AAL shares. Why Is American Airlines Stock Falling on Monday?
• Negative Sentiment: American Airlines underperformed the broader market in the latest session, reflecting continued investor sensitivity to fuel costs, capacity management, and the company’s uncertain earnings trajectory. American Airlines Registers a Bigger Fall Than the Market

Wall Street Analyst Weigh In

Several analysts have weighed in on AAL shares. Wells Fargo & Company reaffirmed a “market perform” rating on shares of American Airlines Group in a research note on Tuesday, June 30th. TD Cowen reduced their target price on American Airlines Group from $24.00 to $16.00 and set a “buy” rating on the stock in a report on Monday, August 24th. Melius Research lowered American Airlines Group from a “buy” rating to a “hold” rating and increased their price target for the stock from $15.00 to $19.00 in a research report on Tuesday, July 7th. JPMorgan Chase & Co. raised their price target on American Airlines Group from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Finally, Zacks Research downgraded American Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 21st. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $18.86.

American Airlines Group Stock Down 3.6%

Shares of American Airlines Group stock opened at $12.95 on Wednesday. American Airlines Group Inc. has a 12 month low of $10.09 and a 12 month high of $18.79. The business has a fifty day simple moving average of $15.54 and a 200 day simple moving average of $13.67. The stock has a market cap of $8.57 billion, a PE ratio of -26.43 and a beta of 1.33.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings data on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.12. The business 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 negative net margin of 0.56%.The firm’s revenue was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.95 earnings per share. 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. Analysts expect that American Airlines Group Inc. will post -0.16 EPS for the current fiscal year.

Insider Activity

In related news, SVP Angela Owens sold 40,077 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $15.26, for a total transaction of $611,575.02. Following the completion of the sale, the senior vice president directly owned 178,799 shares of the company’s stock, valued at approximately $2,728,472.74. This represents a 18.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO David Seymour sold 69,343 shares of the firm’s stock in a transaction that occurred 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 sale, the chief operating officer owned 1,025,489 shares in the company, valued at $17,433,313. This trade represents a 6.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 205,044 shares of company stock worth $3,407,451 in the last quarter. 0.70% of the stock is currently owned by company insiders.

About American Airlines Group

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.