VIRGINIA RETIREMENT SYSTEMS ET Al Takes $2.33 Million Position in American Airlines Group Inc. $AAL

Key Points

• Virginia Retirement Systems acquired a $2.33 million position in American Airlines Group Inc., purchasing 207,400 shares of the airline's stock during the second quarter.
• Several other institutional investors, including GAMMA Investing LLC and Janney Montgomery Scott LLC, significantly increased their holdings in American Airlines in the previous quarters.
• Wall Street analysts have varied price targets for AAL, with JPMorgan Chase setting a target of $20.00, indicating a positive outlook for the stock's performance.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 207,400 shares of the airline's stock, valued at approximately $2,327,000.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC grew its position in American Airlines Group by 21.8% in the 1st quarter. GAMMA Investing LLC now owns 12,700 shares of the airline's stock valued at $134,000 after buying an additional 2,270 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in American Airlines Group by 14.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 59,027 shares of the airline's stock valued at $623,000 after buying an additional 7,557 shares during the last quarter. Janney Montgomery Scott LLC grew its position in American Airlines Group by 99.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 32,160 shares of the airline's stock valued at $339,000 after buying an additional 16,041 shares during the last quarter. State of Alaska Department of Revenue grew its position in American Airlines Group by 2.9% in the 1st quarter. State of Alaska Department of Revenue now owns 77,059 shares of the airline's stock valued at $812,000 after buying an additional 2,140 shares during the last quarter. Finally, International Assets Investment Management LLC grew its position in American Airlines Group by 31.1% in the 1st quarter. International Assets Investment Management LLC now owns 18,670 shares of the airline's stock valued at $197,000 after buying an additional 4,427 shares during the last quarter. 52.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AAL has been the topic of several research analyst reports. 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 price target on American Airlines Group from $12.00 to $13.00 and gave the stock a "neutral" rating in a research note on Friday, September 26th. JPMorgan Chase & Co. lifted their price target on American Airlines Group from $17.00 to $20.00 and gave the stock an "overweight" rating in a research note on Friday, September 12th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of American Airlines Group in a research note on Wednesday, October 8th. Finally, Susquehanna lifted their price target on American Airlines Group from $10.00 to $12.00 and gave the stock a "neutral" rating in a research note on Friday, October 3rd. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, American Airlines Group presently has an average rating of "Moderate Buy" and a consensus price target of $16.59.

American Airlines Group Price Performance

AAL opened at $12.35 on Wednesday. The company has a market capitalization of $8.15 billion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 3.93 and a beta of 1.36. The business has a 50-day moving average of $12.45 and a 200-day moving average of $11.57. American Airlines Group Inc. has a fifty-two week low of $8.50 and a fifty-two week high of $19.10.

American Airlines Group (NASDAQ:AAL - Get Free Report) last released its earnings results on Thursday, July 24th. The airline reported $0.95 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $14.27 billion. During the same quarter last year, the firm posted $1.09 EPS. The company'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. On average, equities research analysts expect that American Airlines Group Inc. will post 2.42 earnings per share for the current fiscal 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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