Bessemer Group Inc. Boosts Holdings in American Airlines Group Inc. $AAL

Bessemer Group Inc. increased its holdings in American Airlines Group Inc. (NASDAQ:AAL) by 180.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,287 shares of the airline’s stock after buying an additional 24,012 shares during the quarter. Bessemer Group Inc.’s holdings in American Airlines Group were worth $418,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AAL. GAMMA Investing LLC boosted its holdings in shares of American Airlines Group by 21.8% in the first quarter. GAMMA Investing LLC now owns 12,700 shares of the airline’s stock worth $134,000 after buying an additional 2,270 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of American Airlines Group in the first quarter worth approximately $870,000. Teacher Retirement System of Texas purchased a new position in American Airlines Group during the first quarter valued at approximately $253,000. Envestnet Asset Management Inc. lifted its holdings in American Airlines Group by 43.1% during the first quarter. Envestnet Asset Management Inc. now owns 54,564 shares of the airline’s stock valued at $576,000 after purchasing an additional 16,431 shares in the last quarter. Finally, Gibraltar Capital Management Inc. purchased a new position in American Airlines Group during the first quarter valued at approximately $1,336,000. Hedge funds and other institutional investors own 52.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AAL. The Goldman Sachs Group lifted their price target on shares of American Airlines Group from $8.00 to $10.00 and gave the company a “sell” rating in a report on Wednesday, August 27th. JPMorgan Chase & Co. lifted 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. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of American Airlines Group in a report on Wednesday, October 8th. Cowen reaffirmed a “buy” rating on shares of American Airlines Group in a report on Monday, October 27th. Finally, Bank of America lifted their price target on shares of American Airlines Group from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, August 18th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, American Airlines Group presently has an average rating of “Moderate Buy” and an average target price of $16.65.

American Airlines Group Price Performance

American Airlines Group stock opened at $13.13 on Monday. The stock has a market cap of $8.67 billion, a P/E ratio of 15.27, a PEG ratio of 1.73 and a beta of 1.36. American Airlines Group Inc. has a 1 year low of $8.50 and a 1 year high of $19.10. The firm’s 50 day moving average price is $12.43 and its 200-day moving average price is $11.77.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings results 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. American Airlines Group had a net margin of 1.11% and a negative return on equity of 18.14%. The company had revenue of $13.69 billion for the quarter, compared to analysts’ expectations of $13.65 billion. During the same quarter in the previous year, the business posted $0.30 earnings per share. American Airlines Group’s quarterly revenue was up .3% on a year-over-year basis. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS. FY 2025 guidance at 0.650-0.950 EPS. As a group, equities analysts expect 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.