American Airlines Group Inc. $AAL Shares Sold by Jessup Wealth Management Inc

Jessup Wealth Management Inc cut its position in American Airlines Group Inc. (NASDAQ:AALFree Report) by 95.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 19,261 shares of the airline’s stock after selling 447,953 shares during the period. Jessup Wealth Management Inc’s holdings in American Airlines Group were worth $295,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. West Branch Capital LLC acquired a new stake in shares of American Airlines Group in the fourth quarter worth approximately $31,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of American Airlines Group by 102.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,353 shares of the airline’s stock worth $36,000 after acquiring an additional 1,188 shares during the last quarter. Center for Financial Planning Inc. boosted its stake in shares of American Airlines Group by 377.4% in the fourth quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline’s stock worth $39,000 after acquiring an additional 2,000 shares during the last quarter. Clearstead Advisors LLC boosted its stake in shares of American Airlines Group by 140.3% in the fourth quarter. Clearstead Advisors LLC now owns 2,968 shares of the airline’s stock worth $45,000 after acquiring an additional 1,733 shares during the last quarter. Finally, Ameriflex Group Inc. boosted its stake in shares of American Airlines Group by 71.2% in the third quarter. Ameriflex Group Inc. now owns 4,160 shares of the airline’s stock worth $47,000 after acquiring an additional 1,730 shares during the last quarter. 52.44% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

A number of brokerages have recently issued reports on AAL. TD Cowen lowered their price target on American Airlines Group from $17.00 to $13.00 and set a “buy” rating on the stock in a research note on Monday, March 9th. BMO Capital Markets lifted their price target on American Airlines Group from $12.00 to $13.50 and gave the stock a “market perform” rating in a research note on Friday, April 24th. Morgan Stanley lifted their price target on American Airlines Group from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft lifted their price target on American Airlines Group from $13.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, UBS Group lifted their price target on American Airlines Group from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Eight equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $15.53.

Check Out Our Latest Report on American Airlines Group

American Airlines Group Stock Performance

NASDAQ AAL opened at $13.42 on Thursday. The stock’s fifty day moving average is $12.56 and its two-hundred day moving average is $13.39. The firm has a market capitalization of $8.88 billion, a P/E ratio of 43.29 and a beta of 1.35. American Airlines Group Inc. has a fifty-two week low of $10.09 and a fifty-two week high of $16.50.

American Airlines Group (NASDAQ:AALGet Free Report) last released its quarterly earnings data on Thursday, April 23rd. The airline reported ($0.40) earnings per share for the quarter, topping 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 negative return on equity of 9.11% and a net margin of 0.36%.The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company 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. As a group, sell-side analysts forecast that American Airlines Group Inc. will post -0.07 EPS for the current year.

American Airlines Group Profile

(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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