456,000 Shares in American Airlines Group Inc. $AAL Bought by Canada Pension Plan Investment Board

Key Points

• Canada Pension Plan Investment Board bought 456,000 American Airlines shares worth about $8.24 million, while institutional investors collectively own 52.44% of the company.
• American Airlines reported quarterly revenue of $16.73 billion and adjusted EPS of $0.15, beating analyst expectations, though profitability remained weak with a negative net margin and return on equity.
• AAL shares opened at $13.64, and analyst sentiment was broadly neutral: the stock carries a consensus “Hold” rating with an average price target of $18.86. Insiders sold more than 205,000 shares worth approximately $3.41 million over the past 90 days.

Canada Pension Plan Investment Board purchased a new position in American Airlines Group Inc. (NASDAQ:AAL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 456,000 shares of the airline's stock, valued at approximately $8,240,000. Canada Pension Plan Investment Board owned about 0.07% of American Airlines Group as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Gradient Investments LLC purchased a new stake in American Airlines Group during the 2nd quarter valued at about $2,844,000. GSA Capital Partners LLP bought a new position in American Airlines Group during the 2nd quarter worth approximately $5,666,000. Assenagon Asset Management S.A. increased its stake in American Airlines Group by 1,025.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,191,912 shares of the airline's stock worth $21,538,000 after purchasing an additional 1,086,013 shares during the period. BlackRock Inc. purchased a new position in American Airlines Group in the 2nd quarter worth approximately $1,144,739,000. Finally, Union Square Park Capital Management LLC bought a new stake in American Airlines Group in the first quarter valued at approximately $1,074,000. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

American Airlines Group Stock Performance

Shares of AAL stock opened at $13.64 on Friday. American Airlines Group Inc. has a fifty-two week low of $10.09 and a fifty-two week high of $18.79. The firm has a market cap of $9.03 billion, a P/E ratio of -27.84 and a beta of 1.34. The business's 50 day moving average price is $15.65 and its 200-day moving average price is $13.70.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its earnings results on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.12. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The company had revenue of $16.73 billion during the quarter, compared to the consensus estimate of $16.70 billion. During the same quarter in the prior year, the company earned $0.95 earnings per share. The firm's revenue for the quarter 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. As a group, equities analysts predict that American Airlines Group Inc. will post -0.16 EPS for the current year.

Insider Buying and Selling at American Airlines Group

In other American Airlines Group news, SVP Angela Owens sold 40,077 shares of the company's stock in a transaction on Friday, July 31st. The shares were sold at an average price of $15.26, for a total value of $611,575.02. Following the completion of the transaction, the senior vice president directly owned 178,799 shares in the company, valued at approximately $2,728,472.74. This represents a 18.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO David Seymour sold 69,343 shares of the firm's stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $17.00, for a total transaction of $1,178,831.00. Following the completion of the sale, the chief operating officer directly owned 1,025,489 shares of the company's stock, valued at approximately $17,433,313. This represents a 6.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 205,044 shares of company stock valued at $3,407,451 over the last 90 days. Company insiders own 0.70% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Zacks Research cut shares of American Airlines Group from a "strong-buy" rating to a "hold" rating in a report on Friday, August 21st. Wells Fargo & Company reiterated a "market perform" rating on shares of American Airlines Group in a report on Tuesday, June 30th. UBS Group dropped their price target on shares of American Airlines Group from $21.00 to $18.00 and set a "buy" rating for the company in a research report on Monday, July 27th. Wall Street Zen lowered shares of American Airlines Group from a "buy" rating to a "hold" rating in a report on Saturday, July 18th. Finally, The Goldman Sachs Group cut their price target on shares of American Airlines Group from $15.00 to $13.00 and set a "sell" rating on the stock in a report on Friday, July 24th. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $18.86.

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.

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