Chicago Partners Investment Group LLC boosted its holdings in American Airlines Group Inc. (NASDAQ:AAL – Free Report) by 11.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,135 shares of the airline’s stock after purchasing an additional 1,527 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in American Airlines Group were worth $170,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in AAL. Nearwater Capital Markets Ltd acquired a new position in American Airlines Group in the first quarter worth $29,012,000. Nuveen LLC acquired a new position in American Airlines Group in the first quarter worth $15,677,000. Federated Hermes Inc. boosted its holdings in American Airlines Group by 305.8% in the first quarter. Federated Hermes Inc. now owns 1,499,338 shares of the airline’s stock worth $15,818,000 after purchasing an additional 1,129,845 shares during the period. LSV Asset Management boosted its holdings in American Airlines Group by 158.6% in the first quarter. LSV Asset Management now owns 1,686,086 shares of the airline’s stock worth $17,788,000 after purchasing an additional 1,034,179 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in American Airlines Group by 105.8% in the first quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 52,676 shares of the airline’s stock worth $556,000 after purchasing an additional 960,880 shares during the period. Institutional investors and hedge funds own 52.44% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have commented on AAL shares. Bank of America lifted their price objective on shares of American Airlines Group from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, August 18th. Weiss Ratings reissued a “hold (c-)” rating on shares of American Airlines Group in a report on Friday. Jefferies Financial Group boosted their price target on shares of American Airlines Group from $12.00 to $13.00 and gave the company a “hold” rating in a report on Wednesday, October 1st. UBS Group boosted their price target on shares of American Airlines Group from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Friday. Finally, JPMorgan Chase & Co. boosted their price target on shares of American Airlines Group from $17.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, September 12th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $16.65.
American Airlines Group Stock Up 7.9%
AAL stock opened at $13.78 on Friday. The company has a market capitalization of $9.09 billion, a P/E ratio of 16.02, a PEG ratio of 1.95 and a beta of 1.36. The company has a 50-day simple moving average of $12.44 and a 200 day simple moving average of $11.65. 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 posted its quarterly earnings data on Thursday, October 23rd. The airline reported ($0.17) earnings per share for the quarter, topping the consensus estimate of ($0.27) by $0.10. The business had revenue of $13.69 billion during the quarter, compared to the consensus estimate of $13.65 billion. American Airlines Group had a net margin of 1.11% and a negative return on equity of 18.14%. The company’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.30 earnings per share. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS. FY 2025 guidance at 0.650-0.950 EPS. Equities analysts anticipate that American Airlines Group Inc. will post 2.42 EPS for the current year.
American Airlines Group 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.
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