American Airlines Group Inc. $AAL Shares Bought 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 lifted its holdings in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 75.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 746,856 shares of the airline's stock after acquiring an additional 320,165 shares during the period. Amundi owned 0.11% of American Airlines Group worth $7,879,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Elequin Capital LP increased its stake in American Airlines Group by 208.5% during the fourth quarter. Elequin Capital LP now owns 1,749 shares of the airline's stock worth $30,000 after acquiring an additional 1,182 shares during the last quarter. Bogart Wealth LLC grew its stake in American Airlines Group by 1,300.0% in the first quarter. Bogart Wealth LLC now owns 2,800 shares of the airline's stock worth $30,000 after purchasing an additional 2,600 shares in the last quarter. Assetmark Inc. bought a new position in American Airlines Group in the first quarter worth approximately $30,000. Vermillion & White Wealth Management Group LLC grew its stake in American Airlines Group by 58.0% in the first quarter. Vermillion & White Wealth Management Group LLC now owns 2,839 shares of the airline's stock worth $30,000 after purchasing an additional 1,042 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its holdings in American Airlines Group by 121.4% during the first quarter. Golden State Wealth Management LLC now owns 3,117 shares of the airline's stock worth $33,000 after buying an additional 1,709 shares during the period. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on AAL. JPMorgan Chase & Co. increased their price objective on American Airlines Group from $17.00 to $20.00 and gave the company an "overweight" rating in a report on Friday. Bank of America raised their target price on American Airlines Group from $12.00 to $13.00 and gave the company a "neutral" rating in a research report on Monday, August 18th. The Goldman Sachs Group raised their target price on American Airlines Group from $8.00 to $10.00 and gave the company a "sell" rating in a research report on Wednesday, August 27th. UBS Group raised 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. Finally, Raymond James Financial set a $14.00 target price on shares of American Airlines Group in a research note on Monday, August 25th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given 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 Stock Performance

NASDAQ AAL traded down $0.12 during trading hours on Tuesday, hitting $12.41. The company had a trading volume of 91,059,993 shares, compared to its average volume of 73,097,104. American Airlines Group Inc. has a 1-year low of $8.50 and a 1-year high of $19.10. The company has a market cap of $8.19 billion, a PE ratio of 15.51, a price-to-earnings-growth ratio of 3.24 and a beta of 1.40. The business has a 50 day moving average of $12.49 and a 200-day moving average of $11.51.

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 during the quarter, compared to analysts' expectations of $14.27 billion. During the same period in the prior year, the company posted $1.09 earnings per share. The firm's revenue for the quarter was up .4% on a year-over-year basis. American Airlines Group has set its Q3 2025 guidance at -0.600--0.100 EPS. Sell-side analysts expect that American Airlines Group Inc. will post 2.42 earnings per share for the current fiscal year.

About American Airlines Group

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.