Duquesne Family Office LLC Sells 3,359,700 Shares of American Airlines Group Inc. $AAL

Key Points

• Duquesne Family Office LLC has significantly reduced its stake in American Airlines Group Inc. by 96.2%, selling over 3.3 million shares and now holding approximately $1.41 million worth of stock.
• American Airlines Group reported a better-than-expected quarterly earnings per share of $0.95, surpassing the consensus estimate of $0.79, and achieved a revenue of $14.39 billion.
• Institutional investors currently hold 52.44% of American Airlines' stock, with various hedge funds adjusting their positions accordingly; some have increased their stakes significantly.

Duquesne Family Office LLC reduced its position in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 96.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 133,728 shares of the airline's stock after selling 3,359,700 shares during the quarter. Duquesne Family Office LLC's holdings in American Airlines Group were worth $1,411,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Vident Advisory LLC boosted its holdings in shares of American Airlines Group by 3.2% during the first quarter. Vident Advisory LLC now owns 32,418 shares of the airline's stock worth $342,000 after purchasing an additional 1,007 shares during the period. Signaturefd LLC increased its stake in shares of American Airlines Group by 10.0% during the first quarter. Signaturefd LLC now owns 11,289 shares of the airline's stock valued at $119,000 after buying an additional 1,030 shares during the period. Vermillion & White Wealth Management Group LLC lifted 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 acquiring an additional 1,042 shares during the period. Elequin Capital LP boosted its holdings in American Airlines Group by 208.5% in the fourth quarter. Elequin Capital LP now owns 1,749 shares of the airline's stock valued at $30,000 after acquiring an additional 1,182 shares in the last quarter. Finally, Golden State Wealth Management LLC increased its position in American Airlines Group by 121.4% during the 1st quarter. Golden State Wealth Management LLC now owns 3,117 shares of the airline's stock valued at $33,000 after purchasing an additional 1,709 shares during the period. Institutional investors own 52.44% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on AAL shares. Barclays lifted their target price on shares of American Airlines Group from $11.00 to $12.00 and gave the company an "equal weight" rating in a research note on Thursday, July 10th. Raymond James Financial set a $14.00 target price on American Airlines Group in a report on Monday, August 25th. Sanford C. Bernstein upped their target price on American Airlines Group from $12.00 to $15.00 and gave the stock an "outperform" rating in a report on Tuesday, May 13th. UBS Group upped their target price on American Airlines Group from $9.00 to $12.00 and gave the stock a "neutral" rating in a report on Monday, July 7th. Finally, Bank of America upped their target price on American Airlines Group from $12.00 to $13.00 and gave the stock a "neutral" rating in a report on Monday, August 18th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $16.94.

American Airlines Group Stock Performance

Shares of AAL traded up $0.22 during mid-day trading on Friday, reaching $13.08. The company had a trading volume of 90,339,799 shares, compared to its average volume of 63,487,380. The firm has a 50-day moving average price of $12.32 and a 200 day moving average price of $11.62. American Airlines Group Inc. has a 52 week low of $8.50 and a 52 week high of $19.10. The company has a market capitalization of $8.63 billion, a price-to-earnings ratio of 16.35, a price-to-earnings-growth ratio of 3.38 and a beta of 1.40.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The airline reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.16. The firm had revenue of $14.39 billion for the quarter, compared to analysts' expectations of $14.27 billion. American Airlines Group had a negative return on equity of 24.55% and a net margin of 1.05%.The business's revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.09 EPS. American Airlines Group has set its Q3 2025 guidance at -0.600--0.100 EPS. As a group, research analysts forecast 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.