Deutsche Bank AG Buys Shares of 94,568 American Airlines Group Inc. $AAL

Key Points

• Deutsche Bank purchased 94,568 shares of American Airlines Group in the second quarter, valued at approximately $1.7 million. Institutional investors collectively own 52.44% of the company.
• Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $18.86; ratings range from “Sell” to “Overweight.”
• AAL shares opened at $13.64, while the company reported quarterly EPS of $0.15, beating estimates of $0.03, and revenue of $16.73 billion, up 16.3% year over year. Several insiders sold shares in recent transactions.

Deutsche Bank AG purchased a new position in American Airlines Group Inc. (NASDAQ:AAL - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 94,568 shares of the airline's stock, valued at approximately $1,709,000.

Other hedge funds have also recently made changes to their positions in the company. Global Retirement Partners LLC purchased a new stake in American Airlines Group in the second quarter worth approximately $289,000. Bank of New York Mellon Corp purchased a new stake in American Airlines Group during the 2nd quarter valued at $68,132,000. State of Wyoming purchased a new stake in American Airlines Group during the 2nd quarter valued at $269,000. GSA Capital Partners LLP bought a new position in shares of American Airlines Group during the 2nd quarter valued at $5,666,000. Finally, Gradient Investments LLC bought a new position in shares of American Airlines Group during the 2nd quarter valued at $2,844,000. 52.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on AAL shares. BMO Capital Markets cut their price objective on American Airlines Group from $19.50 to $19.00 and set a "market perform" rating for the company in a report on Friday, July 24th. Wells Fargo & Company reissued a "market perform" rating on shares of American Airlines Group in a report on Tuesday, June 30th. JPMorgan Chase & Co. raised their target price on American Airlines Group from $22.00 to $24.00 and gave the stock an "overweight" rating in a research report on Friday, July 24th. Susquehanna boosted their price target on American Airlines Group from $16.00 to $25.00 and gave the company a "positive" rating in a research note on Tuesday, July 7th. Finally, The Goldman Sachs Group reduced their price target on shares of American Airlines Group from $15.00 to $13.00 and set a "sell" rating for the company in a research report on Friday, July 24th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $18.86.

American Airlines Group Stock Down 0.6%

NASDAQ:AAL opened at $13.64 on Friday. The business's 50-day simple moving average is $15.65 and its two-hundred day simple moving average is $13.70. The stock has a market cap of $9.03 billion, a PE ratio of -27.84 and a beta of 1.34. American Airlines Group Inc. has a 52 week low of $10.09 and a 52 week high of $18.79.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, beating the consensus estimate of $0.03 by $0.12. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The business had revenue of $16.73 billion for the quarter, compared to the consensus estimate of $16.70 billion. During the same period in the previous year, the business earned $0.95 earnings per share. The business's revenue was up 16.3% on a year-over-year basis. American Airlines Group has set its Q3 2026 guidance at -0.700--0.100 EPS and its FY 2026 guidance at -0.650-0.650 EPS. Sell-side analysts anticipate that American Airlines Group Inc. will post -0.16 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Angela Owens sold 40,077 shares of the firm's stock in a transaction on Friday, July 31st. The shares were sold at an average price of $15.26, for a total transaction of $611,575.02. Following the completion of the transaction, the senior vice president directly owned 178,799 shares of the company's stock, valued at approximately $2,728,472.74. This trade represents a 18.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO David Seymour sold 56,456 shares of the firm's stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total transaction of $1,016,208.00. Following the transaction, the chief operating officer directly owned 969,033 shares of the company's stock, valued at $17,442,594. The trade was a 5.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 205,044 shares of company stock valued at $3,407,451. Insiders own 0.70% of the company's stock.

About American Airlines Group

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world's largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.

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