Corient Private Wealth LLC Sells 34,228 Shares of American Airlines Group Inc. $AAL

Corient Private Wealth LLC reduced its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL) by 52.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,931 shares of the airline’s stock after selling 34,228 shares during the quarter. Corient Private Wealth LLC’s holdings in American Airlines Group were worth $317,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Vermillion & White Wealth Management Group LLC raised its holdings in American Airlines Group by 52.8% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 4,339 shares of the airline’s stock valued at $49,000 after acquiring an additional 1,500 shares during the period. Laurel Wealth Advisors LLC raised its stake in shares of American Airlines Group by 1,022.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,466 shares of the airline’s stock valued at $50,000 after purchasing an additional 4,068 shares during the period. Ameritas Advisory Services LLC purchased a new stake in American Airlines Group during the 2nd quarter worth about $65,000. Geneos Wealth Management Inc. boosted its stake in American Airlines Group by 11.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 9,558 shares of the airline’s stock worth $101,000 after purchasing an additional 969 shares during the period. Finally, Rexford Capital Inc. bought a new position in American Airlines Group in the 2nd quarter worth about $115,000. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

American Airlines Group Stock Up 1.3%

Shares of AAL stock opened at $15.33 on Wednesday. The firm has a market cap of $10.12 billion, a P/E ratio of 17.83, a price-to-earnings-growth ratio of 2.13 and a beta of 1.26. The business has a 50-day moving average price of $14.00 and a two-hundred day moving average price of $12.75. American Airlines Group Inc. has a 12-month low of $8.50 and a 12-month high of $19.10.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings data on Thursday, October 23rd. The airline reported ($0.17) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.10. The company had revenue of $13.69 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up .3% compared to the same quarter last year. During the same period last year, the firm posted $0.30 EPS. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS and its FY 2025 guidance at 0.650-0.950 EPS. As a group, research analysts expect that American Airlines Group Inc. will post 2.42 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AAL has been the topic of a number of recent analyst reports. Jefferies Financial Group increased their price target on shares of American Airlines Group from $12.00 to $13.00 and gave the stock a “hold” rating in a report on Wednesday, October 1st. Susquehanna increased their target price on shares of American Airlines Group from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Friday, October 3rd. BMO Capital Markets upgraded shares of American Airlines Group to a “hold” rating in a research report on Tuesday, December 9th. UBS Group set a $20.00 price target on shares of American Airlines Group and gave the stock a “buy” rating in a report on Friday, December 12th. Finally, Cowen reissued a “buy” rating on shares of American Airlines Group in a research note on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, American Airlines Group presently has an average rating of “Hold” and a consensus price target of $16.46.

American Airlines Group Company Profile

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world’s largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.