Praxis Investment Management Inc. Acquires 24,660 Shares of American Airlines Group Inc. $AAL

Key Points

• Praxis Investment Management Inc. increased its holdings in American Airlines Group by 178.7%, acquiring 24,660 shares, bringing their total to 38,460 shares valued at approximately $432,000.
• Several financial institutions, including Triton Wealth Management and Vanguard Personalized Indexing Management, also made significant investments in American Airlines Group during the second quarter, indicating strong institutional interest.
• Analysts have varying opinions on American Airlines Group, with price targets ranging from $10.00 to $16.59 and a consensus rating of "Moderate Buy."

Praxis Investment Management Inc. increased its holdings in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 178.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,460 shares of the airline's stock after purchasing an additional 24,660 shares during the quarter. Praxis Investment Management Inc.'s holdings in American Airlines Group were worth $432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. Triton Wealth Management PLLC bought a new stake in shares of American Airlines Group in the second quarter worth about $322,000. Bayforest Capital Ltd bought a new stake in shares of American Airlines Group in the second quarter worth about $126,000. Perfromance Wealth Partners LLC boosted its position in American Airlines Group by 48.8% during the 2nd quarter. Perfromance Wealth Partners LLC now owns 30,115 shares of the airline's stock valued at $338,000 after acquiring an additional 9,875 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in American Airlines Group during the 2nd quarter valued at approximately $418,000. Finally, Vanguard Personalized Indexing Management LLC boosted its position in American Airlines Group by 20.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 113,125 shares of the airline's stock valued at $1,269,000 after acquiring an additional 19,278 shares in the last quarter. 52.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on AAL. Barclays lifted their price objective 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. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of American Airlines Group in a research report on Wednesday, October 8th. The Goldman Sachs Group lifted their price objective on American Airlines Group from $8.00 to $10.00 and gave the company a "sell" rating in a research report on Wednesday, August 27th. Raymond James Financial set a $14.00 price objective on American Airlines Group in a research report on Monday, August 25th. Finally, Jefferies Financial Group lifted their price objective on American Airlines Group from $12.00 to $13.00 and gave the company a "hold" rating in a research report on Wednesday, October 1st. Two 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 stock. According to MarketBeat, American Airlines Group has an average rating of "Moderate Buy" and a consensus target price of $16.59.

American Airlines Group Stock Down 0.3%

Shares of AAL opened at $11.86 on Friday. The business's 50 day moving average price is $12.45 and its 200-day moving average price is $11.53. American Airlines Group Inc. has a 52 week low of $8.50 and a 52 week high of $19.10. The stock has a market cap of $7.83 billion, a P/E ratio of 14.83, a P/E/G ratio of 3.83 and a beta of 1.36.

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. 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 analysts' expectations of $14.27 billion. During the same period in the previous year, the firm posted $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. On average, equities analysts anticipate that American Airlines Group Inc. will post 2.42 EPS for the current 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.

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