Russell Investments Group Ltd. grew its position in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 169.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 485,995 shares of the airline's stock after purchasing an additional 305,740 shares during the period. Russell Investments Group Ltd. owned approximately 0.07% of American Airlines Group worth $5,128,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in AAL. Vanguard Group Inc. boosted its position in shares of American Airlines Group by 1.0% during the first quarter. Vanguard Group Inc. now owns 63,625,284 shares of the airline's stock worth $671,247,000 after buying an additional 639,760 shares during the period. Primecap Management Co. CA raised its stake in American Airlines Group by 0.4% during the 1st quarter. Primecap Management Co. CA now owns 60,445,097 shares of the airline's stock valued at $637,696,000 after acquiring an additional 219,390 shares in the last quarter. U S Global Investors Inc. boosted its position in American Airlines Group by 8.7% during the 1st quarter. U S Global Investors Inc. now owns 7,181,246 shares of the airline's stock worth $75,762,000 after acquiring an additional 576,612 shares during the period. Northern Trust Corp boosted its position in American Airlines Group by 22.0% during the 4th quarter. Northern Trust Corp now owns 5,437,904 shares of the airline's stock worth $94,783,000 after acquiring an additional 980,409 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of American Airlines Group by 21.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,280,289 shares of the airline's stock worth $92,043,000 after purchasing an additional 943,336 shares in the last quarter. Institutional investors and hedge funds own 52.44% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on AAL shares. UBS Group lifted their price objective 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. Sanford C. Bernstein raised their target price on shares of American Airlines Group from $12.00 to $15.00 and gave the company an "outperform" rating in a research note on Tuesday, May 13th. Bank of America boosted their price target on shares of American Airlines Group from $12.00 to $13.00 and gave the stock a "neutral" rating in a research report on Monday, August 18th. Finally, Barclays increased their price objective on shares of American Airlines Group from $11.00 to $12.00 and gave the company an "equal weight" rating in a report on Thursday, July 10th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $16.82.
Read Our Latest Report on American Airlines Group
American Airlines Group Trading Up 7.8%
AAL stock traded up $0.98 on Friday, hitting $13.55. 63,095,457 shares of the company's stock traded hands, compared to its average volume of 64,978,892. The stock has a market cap of $8.94 billion, a price-to-earnings ratio of 16.94, a P/E/G ratio of 3.43 and a beta of 1.43. American Airlines Group Inc. has a 1-year low of $8.50 and a 1-year high of $19.10. The stock has a fifty day moving average of $11.86 and a 200-day moving average of $11.80.
American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The airline reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.16. American Airlines Group had a net margin of 1.05% and a negative return on equity of 24.55%. The firm had revenue of $14.39 billion for the quarter, compared to analyst estimates of $14.27 billion. During the same quarter in the previous year, the business posted $1.09 earnings per share. The firm's quarterly revenue was up .4% compared to the same quarter last year. American Airlines Group has set its Q3 2025 guidance at -0.600--0.100 EPS. On average, equities research analysts anticipate that American Airlines Group Inc. will post 2.42 earnings per share for the current fiscal year.
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.
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