National Bank of Canada FI Has $126,000 Holdings in American Airlines Group Inc. $AAL

Key Points

• The National Bank of Canada FI drastically reduced its holdings in American Airlines Group Inc. by 98.8%, owning only 11,921 shares after selling 992,150 shares in the first quarter.
• Other institutional investors have increased their stakes, with Headlands Technologies LLC boosting its holding by 478.3% and Vanguard Group Inc. increasing its stake by 1.0% during the same period.
• American Airlines reported a quarterly EPS of $0.95, exceeding expectations, and revenue of $14.39 billion, marking a slight year-over-year increase of 0.4%.

National Bank of Canada FI lessened its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 98.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,921 shares of the airline's stock after selling 992,150 shares during the quarter. National Bank of Canada FI's holdings in American Airlines Group were worth $126,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of AAL. Elequin Capital LP increased its position in American Airlines Group by 208.5% in the 4th 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 during the period. Bogart Wealth LLC increased its position in shares of American Airlines Group by 1,300.0% during the 1st quarter. Bogart Wealth LLC now owns 2,800 shares of the airline's stock valued at $30,000 after purchasing an additional 2,600 shares during the period. Assetmark Inc. acquired a new position in shares of American Airlines Group during the 1st quarter valued at $30,000. Golden State Wealth Management LLC increased its position in shares of 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. Finally, Bernard Wealth Management Corp. acquired a new position in shares of American Airlines Group during the 4th quarter valued at $42,000. Institutional investors and hedge funds own 52.44% of the company's stock.

American Airlines Group Price Performance

Shares of AAL traded up $0.9220 during mid-day trading on Friday, reaching $13.4920. The company had a trading volume of 48,771,490 shares, compared to its average volume of 56,994,258. American Airlines Group Inc. has a twelve month low of $8.50 and a twelve month high of $19.10. The company's 50-day moving average is $11.79 and its 200-day moving average is $11.89. The company has a market capitalization of $8.90 billion, a P/E ratio of 16.87, a P/E/G ratio of 3.23 and a beta of 1.43.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted 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 negative return on equity of 24.55% and a net margin of 1.05%.The firm had revenue of $14.39 billion for the quarter, compared to the consensus estimate of $14.27 billion. During the same quarter in the prior year, the business earned $1.09 EPS. The business's revenue for the quarter was up .4% compared to the same quarter last year. American Airlines Group has set its Q3 2025 guidance at -0.600--0.100 EPS. As a group, equities analysts expect that American Airlines Group Inc. will post 2.42 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on AAL shares. Barclays lifted their price target on American Airlines Group from $11.00 to $12.00 and gave the company an "equal weight" rating in a research report on Thursday, July 10th. UBS Group lifted 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. TD Cowen raised their target price on American Airlines Group to $13.00 and gave the stock an "unchanged" rating in a research report on Friday, April 25th. Raymond James Financial decreased their target price on American Airlines Group from $15.00 to $14.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. Finally, Sanford C. Bernstein raised their target price on American Airlines Group from $12.00 to $15.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 13th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $16.82.

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.