Northern Trust Corp Reduces Holdings in American Airlines Group Inc. $AAL

Key Points

• Northern Trust Corp reduced its position in American Airlines Group by 4.1% during the first quarter, holding 5,213,791 shares valued at approximately $55 million.
• Institutional investors own 52.44% of American Airlines Group, with several firms acquiring significant new positions in recent quarters, indicating continued confidence in the stock.
• The stock's target price is projected to be around $16.82 according to analysts, with the company's most recent earnings report exceeding expectations with $0.95 EPS.

Northern Trust Corp trimmed its holdings in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 4.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,213,791 shares of the airline's stock after selling 224,113 shares during the period. Northern Trust Corp owned 0.79% of American Airlines Group worth $55,005,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. raised its position in shares of American Airlines Group by 1.0% in the first quarter. Vanguard Group Inc. now owns 63,625,284 shares of the airline's stock valued at $671,247,000 after buying an additional 639,760 shares during the last quarter. Primecap Management Co. CA boosted its position in shares of 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 valued at $637,696,000 after acquiring an additional 219,390 shares during the last quarter. U S Global Investors Inc. boosted its position in shares of 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 valued at $75,762,000 after acquiring an additional 576,612 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of American Airlines Group by 21.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,280,289 shares of the airline's stock valued at $92,043,000 after acquiring an additional 943,336 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of 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 valued at $48,269,000 after acquiring an additional 227,762 shares during the last quarter. 52.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on AAL shares. UBS Group boosted their price target on shares of American Airlines Group from $9.00 to $12.00 and gave the company a "neutral" rating in a research report on Monday, July 7th. Bank of America raised their price objective on American Airlines Group from $12.00 to $13.00 and gave the stock a "neutral" rating in a research report on Monday, August 18th. The Goldman Sachs Group raised their price objective on American Airlines Group from $8.00 to $10.00 and gave the stock a "sell" rating in a research report on Wednesday. Raymond James Financial set a $14.00 price objective on American Airlines Group in a research report on Monday, August 25th. Finally, Barclays raised their price objective on 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. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $16.94.

American Airlines Group Trading Up 0.9%

AAL traded up $0.12 during mid-day trading on Friday, hitting $13.37. 69,268,944 shares of the stock were exchanged, compared to its average volume of 62,870,792. The firm's fifty day moving average is $12.11 and its two-hundred day moving average is $11.71. American Airlines Group Inc. has a 1-year low of $8.50 and a 1-year high of $19.10. The company has a market cap of $8.82 billion, a PE ratio of 16.71, a PEG ratio of 3.45 and a beta of 1.43.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its earnings results 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 analyst estimates of $14.27 billion. During the same quarter in the prior year, the company earned $1.09 EPS. American Airlines Group's revenue was up .4% on a year-over-year basis. American Airlines Group has set its Q3 2025 guidance at -0.600--0.100 EPS. As a group, research analysts anticipate that American Airlines Group Inc. will post 2.42 earnings per share for the current 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.