New York Life Investment Management LLC Invests $927,000 in American Airlines Group Inc. $AAL

New York Life Investment Management LLC acquired a new position in shares of American Airlines Group Inc. (NASDAQ:AALFree Report) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 60,463 shares of the airline’s stock, valued at approximately $927,000.

Several other institutional investors have also modified their holdings of the company. Two Sigma Investments LP lifted its position 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 purchasing an additional 4,500,897 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in American Airlines Group by 4.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,709,023 shares of the airline’s stock worth $75,414,000 after acquiring an additional 316,143 shares in the last quarter. Voloridge Investment Management LLC raised its stake in American Airlines Group by 19.5% during the 3rd quarter. Voloridge Investment Management LLC now owns 3,729,689 shares of the airline’s stock worth $41,922,000 after acquiring an additional 609,457 shares in the last quarter. Invesco Ltd. raised its stake in American Airlines Group by 9.3% during the 3rd quarter. Invesco Ltd. now owns 3,253,692 shares of the airline’s stock worth $36,571,000 after acquiring an additional 275,686 shares in the last quarter. Finally, Federated Hermes Inc. raised its stake in American Airlines Group by 22.1% during the 3rd quarter. Federated Hermes Inc. now owns 2,703,238 shares of the airline’s stock worth $30,384,000 after acquiring an additional 489,309 shares in the last quarter. 52.44% of the stock is owned by hedge funds and other institutional investors.

American Airlines Group Stock Performance

NASDAQ AAL opened at $12.06 on Wednesday. The firm has a market cap of $7.98 billion, a PE ratio of 38.90 and a beta of 1.28. American Airlines Group Inc. has a one year low of $10.09 and a one year high of $16.50. The firm’s fifty day moving average is $11.53 and its two-hundred day moving average is $13.27.

American Airlines Group (NASDAQ:AALGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The airline reported ($0.40) EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 0.36% and a negative return on equity of 9.11%. American Airlines Group’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the business posted ($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. Research analysts predict that American Airlines Group Inc. will post -0.19 earnings per share for the current year.

Analyst Upgrades and Downgrades

AAL has been the topic of several research analyst reports. Rothschild & Co Redburn reiterated a “neutral” rating and set a $12.50 price target (down from $17.00) on shares of American Airlines Group in a research note on Thursday, March 5th. UBS Group lifted their price target on shares of American Airlines Group from $14.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. Cantor Fitzgerald set a $17.00 price target on shares of American Airlines Group in a research note on Friday, January 30th. Sanford C. Bernstein reiterated an “outperform” rating on shares of American Airlines Group in a research note on Wednesday, January 28th. Finally, Wall Street Zen upgraded shares of American Airlines Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $14.67.

Get Our Latest Stock Report on American Airlines Group

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.

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

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