Kwmg LLC Has $4.72 Million Position in American Airlines Group Inc. $AAL

Key Points

• Kwmg LLC increased its stake in American Airlines Group Inc. by 9.8%, owning approximately $4.72 million worth after purchasing an additional 37,375 shares in the second quarter.
• Several hedge funds, including Vanguard Group Inc. and U S Global Investors Inc., have also adjusted their positions in American Airlines Group, contributing to 52.44% of the stock being owned by institutional investors.
• Analysts have raised their price targets for American Airlines Group, with a consensus average target of $16.59 and a current rating of "Moderate Buy".

Kwmg LLC grew its stake in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 9.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 420,429 shares of the airline's stock after purchasing an additional 37,375 shares during the period. Kwmg LLC owned about 0.06% of American Airlines Group worth $4,717,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of American Airlines Group by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 63,625,284 shares of the airline's stock valued at $671,247,000 after purchasing an additional 639,760 shares in the last quarter. Primecap Management Co. CA boosted its position in American Airlines Group by 0.4% during the 1st quarter. Primecap Management Co. CA now owns 60,445,097 shares of the airline's stock worth $637,696,000 after buying an additional 219,390 shares during the period. U S Global Investors Inc. boosted its position in American Airlines Group by 8.7% during the 1st quarter. U S Global Investors Inc. now owns 7,181,246 shares of the airline's stock worth $75,762,000 after buying an additional 576,612 shares during the period. Charles Schwab Investment Management Inc. boosted its position in American Airlines Group by 5.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,575,284 shares of the airline's stock worth $48,269,000 after buying an additional 227,762 shares during the period. Finally, Nearwater Capital Markets Ltd acquired a new stake in American Airlines Group during the 1st quarter worth approximately $29,012,000. 52.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on AAL shares. JPMorgan Chase & Co. lifted their target price on shares of American Airlines Group from $17.00 to $20.00 and gave the stock an "overweight" rating in a research report on Friday, September 12th. Barclays lifted their target price on shares of American Airlines Group from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 10th. Raymond James Financial set a $14.00 target price on shares of American Airlines Group in a research report on Monday, August 25th. UBS Group lifted their target price on shares of American Airlines Group from $9.00 to $12.00 and gave the stock a "neutral" rating in a research report on Monday, July 7th. Finally, The Goldman Sachs Group lifted their target price on shares of American Airlines Group from $8.00 to $10.00 and gave the stock a "sell" rating in a research report on Wednesday, August 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, American Airlines Group presently has a consensus rating of "Moderate Buy" and an average price target of $16.59.

American Airlines Group Trading Down 1.0%

Shares of AAL stock opened at $12.33 on Tuesday. The firm has a market capitalization of $8.14 billion, a PE ratio of 15.41, a price-to-earnings-growth ratio of 3.07 and a beta of 1.40. The firm has a fifty day simple moving average of $12.50 and a two-hundred day simple moving average of $11.46. American Airlines Group Inc. has a 12 month low of $8.50 and a 12 month high of $19.10.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The airline reported $0.95 EPS for the quarter, beating analysts' consensus estimates of $0.79 by $0.16. The business had revenue of $14.39 billion during the quarter, compared to analyst estimates of $14.27 billion. American Airlines Group had a net margin of 1.05% and a negative return on equity of 24.55%. American Airlines Group's quarterly revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.09 EPS. American Airlines Group has set its Q3 2025 guidance at -0.600--0.100 EPS. On average, equities analysts predict that American Airlines Group Inc. will post 2.42 earnings per share for the current fiscal year.

American Airlines Group Company 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.

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