Oak Thistle LLC lowered its stake in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) by 39.5% during the third quarter, HoldingsChannel.com reports. The firm owned 76,179 shares of the airline’s stock after selling 49,654 shares during the period. Oak Thistle LLC’s holdings in American Airlines Group were worth $856,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in the stock. Vermillion & White Wealth Management Group LLC increased its holdings in shares of American Airlines Group by 58.0% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 2,839 shares of the airline’s stock worth $30,000 after buying an additional 1,042 shares during the last quarter. Laurel Wealth Advisors LLC grew its position in American Airlines Group by 1,022.1% during the second quarter. Laurel Wealth Advisors LLC now owns 4,466 shares of the airline’s stock valued at $50,000 after acquiring an additional 4,068 shares during the period. Ameritas Advisory Services LLC purchased a new stake in American Airlines Group during the second quarter valued at about $65,000. Geneos Wealth Management Inc. increased its stake in American Airlines Group by 11.3% during the first quarter. Geneos Wealth Management Inc. now owns 9,558 shares of the airline’s stock worth $101,000 after acquiring an additional 969 shares during the last quarter. Finally, Rexford Capital Inc. purchased a new position in shares of American Airlines Group in the 2nd quarter worth about $115,000. 52.44% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the company. Wells Fargo & Company initiated coverage on American Airlines Group in a report on Thursday. They set an “equal weight” rating and a $17.00 target price for the company. Evercore ISI lifted their price target on shares of American Airlines Group from $13.00 to $14.00 and gave the company an “in-line” rating in a research report on Monday, September 29th. Weiss Ratings reissued a “sell (d+)” rating on shares of American Airlines Group in a research report on Monday. Raymond James Financial set a $14.00 target price on shares of American Airlines Group in a research note on Monday, August 25th. Finally, BMO Capital Markets raised shares of American Airlines Group to a “hold” rating in a research report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $16.46.
American Airlines Group Price Performance
Shares of AAL stock opened at $15.61 on Friday. The company’s fifty day moving average price is $13.43 and its two-hundred day moving average price is $12.50. The firm has a market capitalization of $10.30 billion, a P/E ratio of 18.15, a P/E/G ratio of 2.08 and a beta of 1.26. American Airlines Group Inc. has a 12 month low of $8.50 and a 12 month high of $19.10.
American Airlines Group (NASDAQ:AAL – Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The airline reported ($0.17) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.27) by $0.10. The company had revenue of $13.69 billion for the quarter, compared to the consensus estimate of $13.65 billion. American Airlines Group had a negative return on equity of 18.14% and a net margin of 1.11%.American Airlines Group’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 EPS. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS and its FY 2025 guidance at 0.650-0.950 EPS. On average, sell-side analysts anticipate that American Airlines Group Inc. will post 2.42 EPS for the current year.
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.
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