American Airlines Group Inc. $AAL Shares Acquired by Credit Agricole S A

Key Points

• Credit Agricole S A increased its holdings in American Airlines Group by 1,748.7%, acquiring an additional 124,055 shares, bringing their total to 131,149 shares valued at approximately $1.38 million.
• American Airlines recently reported earnings of $0.95 per share, exceeding analysts' expectations and achieving a revenue of $14.39 billion for the quarter, compared to anticipated revenue of $14.27 billion.
• Analyst ratings for American Airlines Group show a balanced outlook, with a mix of recommendations leading to an average target price of $16.82, signaling potential for future growth.

Credit Agricole S A boosted its position in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 1,748.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 131,149 shares of the airline's stock after acquiring an additional 124,055 shares during the period. Credit Agricole S A's holdings in American Airlines Group were worth $1,384,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its holdings in American Airlines Group by 169.6% during the 1st quarter. Russell Investments Group Ltd. now owns 485,995 shares of the airline's stock worth $5,128,000 after acquiring an additional 305,740 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in American Airlines Group by 11.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 51,470 shares of the airline's stock worth $897,000 after acquiring an additional 5,152 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in American Airlines Group by 99.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 32,160 shares of the airline's stock worth $339,000 after acquiring an additional 16,041 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new position in American Airlines Group during the 1st quarter worth approximately $870,000. Finally, GAMMA Investing LLC grew its holdings in American Airlines Group by 21.8% during the 1st quarter. GAMMA Investing LLC now owns 12,700 shares of the airline's stock worth $134,000 after acquiring an additional 2,270 shares in the last quarter. Institutional investors and hedge funds own 52.44% of the company's stock.

American Airlines Group Trading Up 0.9%

AAL traded up $0.12 during trading on Thursday, hitting $13.25. 66,919,530 shares of the company's stock were exchanged, compared to its average volume of 57,281,059. American Airlines Group Inc. has a 1 year low of $8.50 and a 1 year high of $19.10. The stock has a 50 day moving average price of $12.00 and a 200 day moving average price of $11.79. The firm has a market cap of $8.74 billion, a P/E ratio of 16.56, a price-to-earnings-growth ratio of 3.40 and a beta of 1.43.

American Airlines Group (NASDAQ:AAL - Get Free Report) last released its quarterly earnings data 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 company 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 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. Analysts forecast that American Airlines Group Inc. will post 2.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on AAL. Barclays boosted their price target on shares of American Airlines Group from $11.00 to $12.00 and gave the stock an "equal weight" rating in a report on Thursday, July 10th. Bank of America upped their target price on shares of American Airlines Group from $12.00 to $13.00 and gave the company a "neutral" rating in a report on Monday, August 18th. Raymond James Financial set a $14.00 target price on shares of American Airlines Group in a report on Monday. UBS Group upped their target price on shares of American Airlines Group from $9.00 to $12.00 and gave the company a "neutral" rating in a report on Monday, July 7th. Finally, Sanford C. Bernstein upped their target price on shares of American Airlines Group from $12.00 to $15.00 and gave the company an "outperform" rating in a report on Tuesday, May 13th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, American Airlines Group presently has an average rating of "Moderate Buy" and a consensus target price of $16.94.

American Airlines Group 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.