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Kingstone Capital Partners Texas LLC Makes New $7.45 Million Investment in American Airlines Group Inc. $AAL

American Airlines Group logo with Transportation background

Key Points

  • Kingstone Capital Partners Texas LLC has made a $7.45 million investment in American Airlines Group, acquiring approximately 664,200 shares during the second quarter.
  • Analysts have adjusted price targets for American Airlines Group, with JPMorgan Chase & Co. raising their target from $17.00 to $20.00, and several other firms also revising their ratings positively.
  • American Airlines Group reported a $0.95 EPS for the last quarter, exceeding expectations of $0.79, with quarterly revenue reaching $14.39 billion.
  • MarketBeat previews top five stocks to own in October.

Kingstone Capital Partners Texas LLC bought a new position in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 664,200 shares of the airline's stock, valued at approximately $7,452,000. Kingstone Capital Partners Texas LLC owned approximately 0.10% of American Airlines Group as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of AAL. Bogart Wealth LLC boosted its position in American Airlines Group by 1,300.0% during 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. purchased a new stake in American Airlines Group during the first quarter worth $30,000. Vermillion & White Wealth Management Group LLC boosted its position in American Airlines Group by 58.0% during 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. Golden State Wealth Management LLC boosted its position 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 purchasing an additional 1,709 shares in the last quarter. Finally, Bernard Wealth Management Corp. acquired a new position in shares of American Airlines Group in the fourth quarter worth $42,000. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on AAL shares. UBS Group boosted their price target on American Airlines Group from $9.00 to $12.00 and gave the stock a "neutral" rating in a report on Monday, July 7th. Raymond James Financial set a $14.00 price target on American Airlines Group in a report on Monday, August 25th. Bank of America boosted their price target on American Airlines Group from $12.00 to $13.00 and gave the stock a "neutral" rating in a report on Monday, August 18th. Barclays boosted their price target on American Airlines Group from $11.00 to $12.00 and gave the stock an "equal weight" rating in a report on Thursday, July 10th. Finally, JPMorgan Chase & Co. boosted their price target on American Airlines Group from $17.00 to $20.00 and gave the stock an "overweight" rating in a report on Friday, September 12th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, American Airlines Group has an average rating of "Moderate Buy" and an average target price of $16.59.

Check Out Our Latest Stock Report on American Airlines Group

American Airlines Group Trading Down 1.0%

American Airlines Group stock opened at $12.45 on Friday. The firm has a market capitalization of $8.21 billion, a P/E ratio of 15.56, a PEG ratio of 3.07 and a beta of 1.40. The stock has a fifty day moving average price of $12.50 and a 200 day moving average price of $11.48. American Airlines Group Inc. has a 52 week low of $8.50 and a 52 week high of $19.10.

American Airlines Group (NASDAQ:AAL - Get Free Report) last released its earnings results on Thursday, July 24th. The airline reported $0.95 EPS for the quarter, beating the consensus estimate of $0.79 by $0.16. The firm had revenue of $14.39 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.09 earnings per share. American Airlines Group has set its Q3 2025 guidance at -0.600--0.100 EPS. As a group, equities analysts predict that American Airlines Group Inc. will post 2.42 EPS for the current year.

American Airlines Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

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