Inceptionr LLC lifted its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) by 40.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,139 shares of the airline’s stock after purchasing an additional 12,632 shares during the period. Inceptionr LLC’s holdings in American Airlines Group were worth $495,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of AAL. Assetmark Inc. bought a new stake in shares of American Airlines Group in the 1st quarter worth approximately $30,000. Vermillion & White Wealth Management Group LLC lifted its position in shares of American Airlines Group by 58.0% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 2,839 shares of the airline’s stock worth $30,000 after acquiring an additional 1,042 shares in the last quarter. Laurel Wealth Advisors LLC grew its position in shares of American Airlines Group by 1,022.1% in the second quarter. Laurel Wealth Advisors LLC now owns 4,466 shares of the airline’s stock valued at $50,000 after purchasing an additional 4,068 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in American Airlines Group during the 2nd quarter worth about $65,000. Finally, Geneos Wealth Management Inc. boosted its stake in American Airlines Group by 11.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 9,558 shares of the airline’s stock worth $101,000 after purchasing an additional 969 shares during the period. 52.44% of the stock is owned by institutional investors.
American Airlines Group Stock Up 0.3%
Shares of NASDAQ AAL opened at $13.98 on Friday. The firm has a market cap of $9.22 billion, a P/E ratio of 16.25, a PEG ratio of 1.73 and a beta of 1.36. American Airlines Group Inc. has a twelve month low of $8.50 and a twelve month high of $19.10. The company has a 50 day moving average of $12.50 and a 200 day moving average of $12.17.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on AAL. Jefferies Financial Group upped their price target on American Airlines Group from $12.00 to $13.00 and gave the company a “hold” rating in a research report on Wednesday, October 1st. JPMorgan Chase & Co. lifted their price objective on American Airlines Group from $17.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. The Goldman Sachs Group raised their price target on American Airlines Group from $8.00 to $10.00 and gave the stock a “sell” rating in a research report on Wednesday, August 27th. UBS Group boosted their price objective on shares of American Airlines Group from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Finally, Evercore ISI raised their target price on American Airlines Group from $13.00 to $14.00 and gave the stock an “in-line” rating in a research note on Monday, September 29th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, American Airlines Group currently has an average rating of “Moderate Buy” and a consensus price target of $16.65.
Check Out Our Latest Stock Analysis on American Airlines Group
American Airlines Group Company Profile
American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.
See Also
- Five stocks we like better than American Airlines Group
- The 3 Best Fintech Stocks to Buy Now
- Power On: Applied Digital’s First AI Data Center Goes Live
- How to Calculate Options Profits
- Alphabet: The AI Leader Best Positioned to Dominate 2026
- Investing In Preferred Stock vs. Common Stock
- 2 Reasons to Load Up on Fiserv, 1 to Stay Away
Want to see what other hedge funds are holding AAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Airlines Group Inc. (NASDAQ:AAL – Free Report).
Receive News & Ratings for American Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group and related companies with MarketBeat.com's FREE daily email newsletter.
