The Manufacturers Life Insurance Company Invests $8.39 Million in American Airlines Group Inc. $AAL

Key Points

• The Manufacturers Life Insurance Company initiated an $8.39 million stake in American Airlines Group during the second quarter, purchasing 464,458 shares. Institutional investors collectively own 52.44% of AAL.
• American Airlines reported quarterly EPS of $0.15, beating estimates of $0.03, while revenue rose 16.3% year over year to $16.73 billion. However, the company posted a negative net margin and issued negative Q3 2026 EPS guidance.
• AAL opened at $13.64, below its 50-day moving average, and analysts maintain a consensus “Hold” rating with an average price target of $18.86. Several analysts recently lowered their targets, while company insiders sold more than $3.4 million of stock during the quarter.

The Manufacturers Life Insurance Company bought a new stake in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 464,458 shares of the airline's stock, valued at approximately $8,393,000. The Manufacturers Life Insurance Company owned approximately 0.07% of American Airlines Group at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Fiduciary Financial Advisors purchased a new position in American Airlines Group in the second quarter valued at about $29,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of American Airlines Group in the second quarter valued at about $29,000. Pinnacle Holdings LLC acquired a new stake in shares of American Airlines Group in the second quarter valued at about $30,000. Center for Financial Planning Inc. raised its holdings in shares of American Airlines Group by 377.4% during the 4th quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline's stock valued at $39,000 after buying an additional 2,000 shares during the period. Finally, Clearstead Advisors LLC raised its holdings in shares of American Airlines Group by 140.3% during the 4th quarter. Clearstead Advisors LLC now owns 2,968 shares of the airline's stock valued at $45,000 after buying an additional 1,733 shares during the period. 52.44% of the stock is owned by hedge funds and other institutional investors.

American Airlines Group Price Performance

AAL opened at $13.64 on Monday. American Airlines Group Inc. has a 12-month low of $10.09 and a 12-month high of $18.79. The stock has a market capitalization of $9.03 billion, a PE ratio of -27.84 and a beta of 1.34. The firm's fifty day moving average price is $15.65 and its 200 day moving average price is $13.69.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.12. The company had revenue of $16.73 billion during the quarter, compared to analyst estimates of $16.70 billion. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The firm's revenue for the quarter was up 16.3% compared to the same quarter last year. During the same period last year, the business earned $0.95 EPS. American Airlines Group has set its Q3 2026 guidance at -0.700--0.100 EPS and its FY 2026 guidance at -0.650-0.650 EPS. On average, equities research analysts forecast that American Airlines Group Inc. will post -0.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AAL. UBS Group decreased their price target on American Airlines Group from $21.00 to $18.00 and set a "buy" rating for the company in a report on Monday, July 27th. Citigroup dropped their price objective on shares of American Airlines Group from $22.00 to $19.00 and set a "buy" rating on the stock in a research note on Friday, July 24th. Sanford C. Bernstein upped their target price on shares of American Airlines Group from $20.00 to $23.00 and gave the company a "market outperform" rating in a research note on Wednesday, July 1st. Susquehanna raised their price target on shares of American Airlines Group from $16.00 to $25.00 and gave the company a "positive" rating in a report on Tuesday, July 7th. Finally, TD Cowen dropped their price target on shares of American Airlines Group from $24.00 to $16.00 and set a "buy" rating on the stock in a research note on Monday, August 24th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $18.86.

Insider Transactions at American Airlines Group

In related news, COO David Seymour sold 69,343 shares of American Airlines Group stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $17.00, for a total value of $1,178,831.00. Following the completion of the transaction, the chief operating officer directly owned 1,025,489 shares in the company, valued at approximately $17,433,313. This trade represents a 6.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Angela Owens sold 40,077 shares of the business's stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $15.26, for a total value of $611,575.02. Following the completion of the sale, the senior vice president directly owned 178,799 shares of the company's stock, valued at approximately $2,728,472.74. This represents a 18.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 205,044 shares of company stock valued at $3,407,451 over the last quarter. Insiders own 0.70% of the company's stock.

American Airlines Group Company Profile

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world's largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.

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