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American Airlines Group Inc. $AAL Shares Purchased by Russell Investments Group Ltd.

American Airlines Group logo with Transportation background

Key Points

  • Russell Investments Group Ltd. significantly increased its stake in American Airlines Group, acquiring an additional 305,740 shares for a total of 485,995 shares, marking a 169.6% increase during the first quarter.
  • American Airlines recently reported earnings of $0.95 per share, surpassing analysts' expectations of $0.79, alongside a revenue of $14.39 billion for the quarter.
  • Analysts have mixed ratings for American Airlines, with target prices ranging from $12.00 to $16.82, indicating a general sentiment of "Moderate Buy" for the stock.
  • MarketBeat previews top five stocks to own in October.

Russell Investments Group Ltd. grew its stake in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 169.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 485,995 shares of the airline's stock after acquiring an additional 305,740 shares during the period. Russell Investments Group Ltd. owned about 0.07% of American Airlines Group worth $5,128,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bulltick Wealth Management LLC bought a new stake in shares of American Airlines Group during the first quarter valued at approximately $472,000. HighTower Advisors LLC raised its stake in shares of American Airlines Group by 34.5% during the first quarter. HighTower Advisors LLC now owns 45,334 shares of the airline's stock valued at $478,000 after acquiring an additional 11,628 shares in the last quarter. Nuveen LLC bought a new stake in shares of American Airlines Group during the first quarter valued at approximately $15,677,000. Virtu Financial LLC bought a new stake in shares of American Airlines Group during the first quarter valued at approximately $3,067,000. Finally, Atlas Capital Advisors Inc. raised its stake in shares of American Airlines Group by 116.4% during the first quarter. Atlas Capital Advisors Inc. now owns 16,417 shares of the airline's stock valued at $173,000 after acquiring an additional 8,832 shares in the last quarter. Institutional investors own 52.44% of the company's stock.

American Airlines Group Price Performance

NASDAQ:AAL traded down $0.02 during mid-day trading on Wednesday, hitting $13.13. The company's stock had a trading volume of 52,961,732 shares, compared to its average volume of 64,772,216. American Airlines Group Inc. has a 1 year low of $8.50 and a 1 year high of $19.10. The stock has a market cap of $8.66 billion, a price-to-earnings ratio of 16.41, a PEG ratio of 3.40 and a beta of 1.43. The business's fifty day moving average is $12.00 and its two-hundred day moving average is $11.79.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The airline reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.16. The business had revenue of $14.39 billion during the quarter, compared to the consensus estimate of $14.27 billion. American Airlines Group had a net margin of 1.05% and a negative return on equity of 24.55%. The company's revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.09 earnings per share. American Airlines Group has set its Q3 2025 guidance at -0.600--0.100 EPS. Analysts anticipate that American Airlines Group Inc. will post 2.42 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on AAL shares. UBS Group lifted their price target on shares of American Airlines Group from $9.00 to $12.00 and gave the company a "neutral" rating in a research note on Monday, July 7th. Bank of America boosted their price objective on shares of American Airlines Group from $12.00 to $13.00 and gave the stock a "neutral" rating in a research note on Monday, August 18th. Barclays boosted their price objective on shares of American Airlines Group from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 10th. The Goldman Sachs Group boosted their price objective on shares of American Airlines Group from $8.00 to $10.00 and gave the stock a "sell" rating in a research note on Wednesday. Finally, Raymond James Financial set a $14.00 price objective on shares of American Airlines Group in a research note on Monday. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $16.94.

View Our Latest Stock Analysis on American Airlines Group

About American Airlines Group

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

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