American Airlines Group (NASDAQ:AAL – Free Report) had its target price reduced by UBS Group from $21.00 to $18.00 in a research note released on Monday morning,Benzinga reports. They currently have a buy rating on the airline’s stock.
A number of other equities analysts also recently issued reports on AAL. Wall Street Zen downgraded American Airlines Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Morgan Stanley upped their price objective on American Airlines Group from $20.00 to $24.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. JPMorgan Chase & Co. increased their target price on American Airlines Group from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, July 24th. BMO Capital Markets dropped their target price on American Airlines Group from $19.50 to $19.00 and set a “market perform” rating on the stock in a research report on Friday, July 24th. Finally, Melius Research downgraded American Airlines Group from a “buy” rating to a “hold” rating and boosted their price target for the company from $15.00 to $19.00 in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, American Airlines Group has a consensus rating of “Hold” and a consensus price target of $19.03.
American Airlines Group Stock Down 3.4%
American Airlines Group (NASDAQ:AAL – Get Free Report) last issued its earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share (EPS) for the quarter, topping 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 company had revenue of $16.73 billion for the quarter, compared to analysts’ expectations of $16.70 billion. During the same quarter last year, the company posted $0.95 earnings per share. The firm’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. Sell-side analysts expect that American Airlines Group will post 0.02 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, SVP Angela Owens sold 39,168 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $15.34, for a total value of $600,837.12. Following the completion of the sale, the senior vice president directly owned 218,876 shares in the company, valued at $3,357,557.84. This represents a 15.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, COO David Seymour sold 56,456 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $18.00, for a total value of $1,016,208.00. Following the completion of the sale, the chief operating officer owned 969,033 shares of the company’s stock, valued at $17,442,594. This trade represents a 5.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 164,967 shares of company stock valued at $2,795,876. Insiders own 0.70% of the company’s stock.
Institutional Trading of American Airlines Group
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Invesco Ltd. lifted its position in shares of American Airlines Group by 1.3% during the 2nd quarter. Invesco Ltd. now owns 2,978,006 shares of the airline’s stock valued at $33,413,000 after buying an additional 36,877 shares in the last quarter. Brown Advisory Inc. increased its holdings in American Airlines Group by 42.6% in the 2nd quarter. Brown Advisory Inc. now owns 45,358 shares of the airline’s stock worth $509,000 after acquiring an additional 13,539 shares in the last quarter. California Public Employees Retirement System raised its stake in American Airlines Group by 5.0% during the 2nd quarter. California Public Employees Retirement System now owns 1,164,443 shares of the airline’s stock worth $13,065,000 after acquiring an additional 55,059 shares during the period. NewEdge Advisors LLC raised its stake in American Airlines Group by 6.6% during 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 during the period. Finally, Sei Investments Co. lifted its holdings in American Airlines Group by 34.4% during the second quarter. Sei Investments Co. now owns 1,315,532 shares of the airline’s stock valued at $14,760,000 after purchasing an additional 336,993 shares in the last quarter. Hedge funds and other institutional investors own 52.44% of the company’s stock.
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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