Praxis Investment Management Inc. Increases Stock Position in American Airlines Group Inc. $AAL

Praxis Investment Management Inc. increased its position in American Airlines Group Inc. (NASDAQ:AAL) by 178.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 38,460 shares of the airline’s stock after acquiring an additional 24,660 shares during the period. Praxis Investment Management Inc.’s holdings in American Airlines Group were worth $432,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in AAL. Nearwater Capital Markets Ltd purchased a new position in American Airlines Group in the 1st quarter worth approximately $29,012,000. Nuveen LLC purchased a new position in American Airlines Group in the 1st quarter worth approximately $15,677,000. Federated Hermes Inc. raised its holdings in American Airlines Group by 305.8% in the 1st quarter. Federated Hermes Inc. now owns 1,499,338 shares of the airline’s stock worth $15,818,000 after acquiring an additional 1,129,845 shares during the last quarter. LSV Asset Management raised its stake in American Airlines Group by 158.6% during the 1st quarter. LSV Asset Management now owns 1,686,086 shares of the airline’s stock valued at $17,788,000 after buying an additional 1,034,179 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its stake in American Airlines Group by 105.8% during the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 52,676 shares of the airline’s stock valued at $556,000 after buying an additional 960,880 shares during the last quarter. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

American Airlines Group Price Performance

Shares of AAL stock opened at $11.86 on Friday. American Airlines Group Inc. has a 1 year low of $8.50 and a 1 year high of $19.10. The firm has a fifty day moving average price of $12.45 and a 200-day moving average price of $11.53. The company has a market cap of $7.83 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 3.83 and a beta of 1.36.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings data on Thursday, July 24th. The airline reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.16. American Airlines Group had a net margin of 1.05% and a negative return on equity of 24.55%. The firm had revenue of $14.39 billion during the quarter, compared to the consensus estimate of $14.27 billion. During the same quarter in the previous year, the firm posted $1.09 EPS. 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 research analysts expect that American Airlines Group Inc. will post 2.42 EPS for the current year.

Wall Street Analyst Weigh In

AAL has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their target price on shares of American Airlines Group from $17.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. The Goldman Sachs Group boosted their target price on shares of American Airlines Group from $8.00 to $10.00 and gave the company a “sell” rating in a research note on Wednesday, August 27th. Weiss Ratings reiterated a “hold (c-)” rating on shares of American Airlines Group in a research note on Wednesday, October 8th. Jefferies Financial Group boosted their target price on shares of American Airlines Group from $12.00 to $13.00 and gave the company a “hold” rating in a research note on Wednesday, October 1st. Finally, Barclays boosted their target price on shares of American Airlines Group from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Thursday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, American Airlines Group presently has an average rating of “Moderate Buy” and a consensus price target of $16.59.

About American Airlines Group

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.