American Airlines Group Inc. $AAL Shares Purchased by Amundi

Key Points

• Amundi increased its stake in American Airlines Group Inc. by 75%, acquiring an additional 320,165 shares to hold a total of 746,856 shares worth approximately $7.88 million.
• American Airlines reported earnings of $0.95 per share for the last quarter, exceeding analysts' expectations of $0.79 and showing a 0.4% year-over-year revenue increase.
• Institutional investors now own 52.44% of American Airlines stock, with several firms, including Russell Investments and Janney Montgomery Scott, significantly increasing their holdings in the first quarter.

Amundi raised its position in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 75.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 746,856 shares of the airline's stock after acquiring an additional 320,165 shares during the period. Amundi owned approximately 0.11% of American Airlines Group worth $7,879,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in AAL. Captrust Financial Advisors lifted its stake in shares of American Airlines Group by 49.7% in the 4th quarter. Captrust Financial Advisors now owns 64,861 shares of the airline's stock worth $1,131,000 after acquiring an additional 21,539 shares during the period. CoreCap Advisors LLC lifted its stake in shares of American Airlines Group by 1,515.0% in the 4th quarter. CoreCap Advisors LLC now owns 4,199 shares of the airline's stock worth $73,000 after acquiring an additional 3,939 shares during the period. Focus Partners Wealth lifted its stake in shares of American Airlines Group by 485.8% in the 4th quarter. Focus Partners Wealth now owns 104,895 shares of the airline's stock worth $1,828,000 after acquiring an additional 86,990 shares during the period. Paradoxiom Capital L.P. acquired a new stake in shares of American Airlines Group in the 4th quarter worth $9,785,000. Finally, Quantinno Capital Management LP lifted its stake in shares of American Airlines Group by 12.3% in the 4th quarter. Quantinno Capital Management LP now owns 345,128 shares of the airline's stock worth $6,016,000 after acquiring an additional 37,769 shares during the period. Institutional investors and hedge funds own 52.44% of the company's stock.

Analysts Set New Price Targets

AAL has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their price objective on shares of American Airlines Group from $17.00 to $20.00 and gave the company an "overweight" rating in a research note on Friday. Raymond James Financial set a $14.00 price objective on shares of American Airlines Group in a research note on Monday, August 25th. The Goldman Sachs Group raised their price objective on shares of American Airlines Group from $8.00 to $10.00 and gave the company a "sell" rating in a research note on Wednesday, August 27th. UBS Group raised 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. Finally, Bank of America raised their price objective on shares of American Airlines Group from $12.00 to $13.00 and gave the company a "neutral" rating in a research note on Monday, August 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, American Airlines Group currently has a consensus rating of "Moderate Buy" and an average target price of $16.59.

American Airlines Group Price Performance

AAL traded down $0.04 during midday trading on Friday, reaching $12.91. 86,631,231 shares of the company's stock were exchanged, compared to its average volume of 68,849,160. American Airlines Group Inc. has a 1-year low of $8.50 and a 1-year high of $19.10. The business's 50-day moving average price is $12.45 and its 200 day moving average price is $11.53. The stock has a market capitalization of $8.52 billion, a PE ratio of 16.14, a P/E/G ratio of 3.34 and a beta of 1.40.

American Airlines Group (NASDAQ:AAL - Get Free Report) last released its earnings results on Thursday, July 24th. The airline reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $14.27 billion. During the same period in the previous year, the firm earned $1.09 earnings per share. American Airlines Group's 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. As a group, analysts expect that American Airlines Group Inc. will post 2.42 EPS for the current fiscal 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.