Ballentine Partners LLC Acquires 6,391 Shares of American Airlines Group Inc. $AAL

Ballentine Partners LLC raised its position in American Airlines Group Inc. (NASDAQ:AALFree Report) by 56.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,671 shares of the airline’s stock after purchasing an additional 6,391 shares during the quarter. Ballentine Partners LLC’s holdings in American Airlines Group were worth $198,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AAL. Wealth Enhancement Advisory Services LLC raised its position in American Airlines Group by 11.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 51,470 shares of the airline’s stock valued at $897,000 after purchasing an additional 5,152 shares during the last quarter. GAMMA Investing LLC raised its position in American Airlines Group by 1,184.6% in the first quarter. GAMMA Investing LLC now owns 133,985 shares of the airline’s stock valued at $1,414,000 after purchasing an additional 123,555 shares during the last quarter. Merit Financial Group LLC bought a new position in American Airlines Group in the first quarter valued at about $226,000. First Citizens Bank & Trust Co. bought a new position in American Airlines Group in the first quarter valued at about $183,000. Finally, SG Americas Securities LLC raised its position in American Airlines Group by 515.8% in the first quarter. SG Americas Securities LLC now owns 736,298 shares of the airline’s stock valued at $7,768,000 after purchasing an additional 913,371 shares during the last quarter. 52.44% of the stock is currently owned by institutional investors.

American Airlines Group Price Performance

NASDAQ AAL opened at $11.24 on Wednesday. The business has a 50 day simple moving average of $12.41 and a 200 day simple moving average of $11.47. American Airlines Group Inc. has a one year low of $8.50 and a one year high of $19.10. The stock has a market capitalization of $7.42 billion, a P/E ratio of 14.05, a P/E/G ratio of 2.81 and a beta of 1.40.

American Airlines Group (NASDAQ:AALGet Free Report) last announced its quarterly earnings data on Thursday, July 24th. The airline reported $0.95 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 during the quarter, compared to analysts’ expectations of $14.27 billion. During the same quarter last year, the firm posted $1.09 earnings per share. The company’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. Equities analysts expect that American Airlines Group Inc. will post 2.42 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have commented on the company. The Goldman Sachs Group increased their target price 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. Bank of America increased their target price on American Airlines Group from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, August 18th. Raymond James Financial set a $14.00 price objective on American Airlines Group in a research report on Monday, August 25th. 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. Finally, Evercore ISI raised their price objective on American Airlines Group from $13.00 to $14.00 and gave the stock an “in-line” rating in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $16.41.

View Our Latest Analysis on American Airlines Group

About American Airlines Group

(Free Report)

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.

See Also

Want to see what other hedge funds are holding AAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Airlines Group Inc. (NASDAQ:AALFree Report).

Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

Receive News & Ratings for American Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group and related companies with MarketBeat.com's FREE daily email newsletter.