Geode Capital Management LLC Sells 20,243 Shares of American Airlines Group Inc. $AAL

Geode Capital Management LLC lessened its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL) by 0.2% in the second quarter, Holdings Channel.com reports. The fund owned 12,395,481 shares of the airline’s stock after selling 20,243 shares during the period. Geode Capital Management LLC’s holdings in American Airlines Group were worth $139,107,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio increased its position in American Airlines Group by 0.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 204,485 shares of the airline’s stock valued at $2,294,000 after purchasing an additional 848 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of American Airlines Group by 3.9% during the 2nd quarter. Teacher Retirement System of Texas now owns 24,965 shares of the airline’s stock valued at $280,000 after purchasing an additional 948 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of American Airlines Group by 11.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 9,558 shares of the airline’s stock valued at $101,000 after purchasing an additional 969 shares in the last quarter. Vident Advisory LLC increased its position in shares of American Airlines Group by 3.2% during the first quarter. Vident Advisory LLC now owns 32,418 shares of the airline’s stock valued at $342,000 after buying an additional 1,007 shares during the period. Finally, SBI Securities Co. Ltd. raised its stake in American Airlines Group by 2.4% in the second quarter. SBI Securities Co. Ltd. now owns 43,365 shares of the airline’s stock worth $487,000 after buying an additional 1,018 shares in the last quarter. Hedge funds and other institutional investors own 52.44% of the company’s stock.

American Airlines Group Stock Up 0.2%

AAL stock opened at $12.36 on Wednesday. The business has a 50 day moving average of $12.41 and a 200 day moving average of $12.06. The firm has a market cap of $8.16 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 1.73 and a beta of 1.36. American Airlines Group Inc. has a twelve month low of $8.50 and a twelve month high of $19.10.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, October 23rd. The airline reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.10. American Airlines Group had a negative return on equity of 18.14% and a net margin of 1.11%.The firm had revenue of $13.69 billion for the quarter, compared to analysts’ expectations of $13.65 billion. During the same period in the prior year, the firm posted $0.30 earnings per share. The company’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. On average, research analysts expect that American Airlines Group Inc. will post 2.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have weighed in on AAL. Weiss Ratings cut American Airlines Group from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, November 7th. Bank of America lifted their price target on American Airlines Group from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, August 18th. The Goldman Sachs Group upped their price target on American Airlines Group from $8.00 to $10.00 and gave the stock a “sell” rating in a research note on Wednesday, August 27th. UBS Group raised their price objective on American Airlines Group from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Finally, Susquehanna boosted their target price on shares of American Airlines Group from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Friday, October 3rd. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $16.65.

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.