Thomist Capital Management LP Buys New Shares in American Airlines Group Inc. $AAL

Thomist Capital Management LP purchased a new stake in shares of American Airlines Group Inc. (NASDAQ:AAL) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 195,020 shares of the airline’s stock, valued at approximately $3,524,000. American Airlines Group accounts for 1.1% of Thomist Capital Management LP’s investment portfolio, making the stock its 24th largest holding.

Other large investors have also recently made changes to their positions in the company. Invesco Ltd. raised its stake in American Airlines Group by 1.3% during the 2nd quarter. Invesco Ltd. now owns 2,978,006 shares of the airline’s stock worth $33,413,000 after acquiring an additional 36,877 shares during the period. Brown Advisory Inc. boosted its position in shares of American Airlines Group by 42.6% in the second quarter. Brown Advisory Inc. now owns 45,358 shares of the airline’s stock worth $509,000 after purchasing an additional 13,539 shares during the period. California Public Employees Retirement System boosted its position in shares of American Airlines Group by 5.0% in the second quarter. California Public Employees Retirement System now owns 1,164,443 shares of the airline’s stock worth $13,065,000 after purchasing an additional 55,059 shares during the period. NewEdge Advisors LLC increased its stake in shares of American Airlines Group by 6.6% in the second quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock worth $149,000 after purchasing an additional 823 shares in the last quarter. Finally, Sei Investments Co. increased its stake in shares of American Airlines Group by 34.4% in the second quarter. Sei Investments Co. now owns 1,315,532 shares of the airline’s stock worth $14,760,000 after purchasing an additional 336,993 shares in the last quarter. 52.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AAL has been the topic of a number of analyst reports. Wall Street Zen cut shares of American Airlines Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings upgraded American Airlines Group from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. TD Cowen decreased their price target on American Airlines Group from $24.00 to $16.00 and set a “buy” rating on the stock in a report on Monday. Morgan Stanley raised their price target on American Airlines Group from $20.00 to $24.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Finally, Jefferies Financial Group boosted their price objective on American Airlines Group from $15.00 to $16.00 and gave the company a “hold” rating in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, American Airlines Group presently has an average rating of “Hold” and a consensus price target of $18.86.

American Airlines Group Price Performance

American Airlines Group stock opened at $13.63 on Tuesday. American Airlines Group Inc. has a 1 year low of $10.09 and a 1 year high of $18.79. The firm’s 50 day moving average price is $15.81 and its 200-day moving average price is $13.71. The stock has a market cap of $9.02 billion, a P/E ratio of -27.82 and a beta of 1.34.

American Airlines Group (NASDAQ:AAL) last issued its earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.12. The firm had revenue of $16.73 billion during the quarter, compared to analyst estimates of $16.70 billion. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. American Airlines Group’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $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.

Insider Buying and Selling at American Airlines Group

In other news, COO David Seymour sold 56,456 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $18.00, for a total transaction of $1,016,208.00. Following the completion of the transaction, the chief operating officer owned 969,033 shares in the company, valued at $17,442,594. This trade represents a 5.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Angela Owens sold 40,077 shares of American Airlines Group stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $15.26, for a total value of $611,575.02. Following the completion of the sale, the senior vice president directly owned 178,799 shares in the company, valued at $2,728,472.74. This trade represents a 18.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 205,044 shares of company stock worth $3,407,451. Corporate insiders own 0.70% of the company’s stock.

American Airlines Group 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.