State of New Jersey Common Pension Fund D Boosts Position in American Airlines Group Inc. $AAL

State of New Jersey Common Pension Fund D lifted its stake in shares of American Airlines Group Inc. (NASDAQ:AAL) by 30.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 165,214 shares of the airline’s stock after acquiring an additional 38,858 shares during the period. State of New Jersey Common Pension Fund D’s holdings in American Airlines Group were worth $1,854,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of American Airlines Group by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 63,625,284 shares of the airline’s stock worth $671,247,000 after acquiring an additional 639,760 shares during the period. Primecap Management Co. CA raised its holdings in shares of American Airlines Group by 0.4% during the 1st quarter. Primecap Management Co. CA now owns 60,445,097 shares of the airline’s stock worth $637,696,000 after acquiring an additional 219,390 shares during the period. U S Global Investors Inc. raised its holdings in shares of American Airlines Group by 7.5% during the 2nd quarter. U S Global Investors Inc. now owns 7,718,224 shares of the airline’s stock worth $86,598,000 after acquiring an additional 536,978 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of American Airlines Group by 5.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,575,284 shares of the airline’s stock worth $48,269,000 after acquiring an additional 227,762 shares during the period. Finally, Nearwater Capital Markets Ltd purchased a new stake in American Airlines Group in the 1st quarter valued at about $29,012,000. Hedge funds and other institutional investors own 52.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on AAL shares. Jefferies Financial Group boosted their price objective 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. Barclays boosted their price objective on shares of American Airlines Group from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Thursday, July 10th. UBS Group boosted their price objective on shares of American Airlines Group from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Evercore ISI boosted their price objective on shares of American Airlines Group from $13.00 to $14.00 and gave the company an “in-line” rating in a report on Monday, September 29th. Finally, Cowen restated a “buy” rating on shares of American Airlines Group in a report on Monday, October 27th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $16.65.

American Airlines Group Price Performance

NASDAQ AAL opened at $13.13 on Friday. The company has a market cap of $8.67 billion, a P/E ratio of 15.27, a P/E/G ratio of 1.73 and a beta of 1.36. The stock has a 50-day moving average of $12.43 and a two-hundred day moving average of $11.76. American Airlines Group Inc. has a 1-year low of $8.50 and a 1-year high of $19.10.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, October 23rd. The airline reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.27) by $0.10. The company had revenue of $13.69 billion during the quarter, compared to the consensus estimate of $13.65 billion. American Airlines Group had a negative return on equity of 18.14% and a net margin of 1.11%.American Airlines Group’s revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.30 EPS. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS. FY 2025 guidance at 0.650-0.950 EPS. On average, analysts anticipate that American Airlines Group Inc. will post 2.42 EPS for the current fiscal 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.