Woodline Partners LP Invests $8.23 Million in American Airlines Group Inc. $AAL

Key Points

• Woodline Partners LP acquired 779,772 shares of American Airlines Group Inc., valued at approximately $8.2 million, indicating growing institutional interest in the airline.
• Wall Street analysts have set target prices for American Airlines stock ranging from $10.00 to $16.94, with a consensus rating of "Moderate Buy".
• American Airlines reported a quarterly EPS of $0.95, exceeding expectations, and its revenue reached $14.39 billion, showcasing a slight year-over-year increase.

Woodline Partners LP purchased a new position in shares of American Airlines Group Inc. (NASDAQ:AAL - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 779,772 shares of the airline's stock, valued at approximately $8,227,000. Woodline Partners LP owned 0.12% of American Airlines Group at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of AAL. Captrust Financial Advisors lifted its holdings in American Airlines Group by 49.7% during the fourth quarter. Captrust Financial Advisors now owns 64,861 shares of the airline's stock worth $1,131,000 after acquiring an additional 21,539 shares during the period. Focus Partners Wealth lifted its holdings in American Airlines Group by 485.8% during the fourth quarter. Focus Partners Wealth now owns 104,895 shares of the airline's stock worth $1,828,000 after acquiring an additional 86,990 shares during the period. Quantinno Capital Management LP lifted its holdings in American Airlines Group by 12.3% during the fourth quarter. Quantinno Capital Management LP now owns 345,128 shares of the airline's stock worth $6,016,000 after acquiring an additional 37,769 shares during the period. Polar Asset Management Partners Inc. bought a new stake in American Airlines Group during the fourth quarter worth $8,009,000. Finally, Point72 Hong Kong Ltd increased its position in American Airlines Group by 308.9% in the fourth quarter. Point72 Hong Kong Ltd now owns 19,948 shares of the airline's stock worth $348,000 after buying an additional 15,069 shares during the last quarter. 52.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AAL. The Goldman Sachs Group raised their target price on American Airlines Group from $8.00 to $10.00 and gave the stock a "sell" rating in a research report on Wednesday, August 27th. Raymond James Financial set a $14.00 target price on American Airlines Group in a research report on Monday, August 25th. Bank of America raised their target price 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. JPMorgan Chase & Co. raised their target price on American Airlines Group from $17.00 to $20.00 and gave the stock an "overweight" rating in a research report on Friday, September 12th. Finally, UBS Group raised their target price on American Airlines Group from $9.00 to $12.00 and gave the stock a "neutral" rating in a research report on Monday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $16.59.

American Airlines Group Stock Performance

American Airlines Group stock traded up $0.23 during midday trading on Wednesday, hitting $12.64. 33,400,571 shares of the company's stock were exchanged, compared to its average volume of 59,128,094. American Airlines Group Inc. has a 52-week low of $8.50 and a 52-week high of $19.10. The stock has a 50-day moving average price of $12.49 and a two-hundred day moving average price of $11.51. The company has a market cap of $8.34 billion, a P/E ratio of 15.78, a PEG ratio of 3.24 and a beta of 1.40.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its earnings results on Thursday, July 24th. The airline reported $0.95 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 business had revenue of $14.39 billion during the quarter, compared to analysts' expectations of $14.27 billion. During the same period in the previous year, the business earned $1.09 earnings per share. The firm'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, sell-side analysts expect 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.