PNC Financial Services Group Inc. Sells 13,468 Shares of American Airlines Group Inc. $AAL

PNC Financial Services Group Inc. cut its stake in American Airlines Group Inc. (NASDAQ:AAL) by 28.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,066 shares of the airline’s stock after selling 13,468 shares during the quarter. PNC Financial Services Group Inc.’s holdings in American Airlines Group were worth $382,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in AAL. Russell Investments Group Ltd. raised its holdings in American Airlines Group by 169.6% in the first quarter. Russell Investments Group Ltd. now owns 485,995 shares of the airline’s stock worth $5,128,000 after purchasing an additional 305,740 shares in the last quarter. U S Global Investors Inc. grew its position in shares of American Airlines Group by 7.5% in the 2nd quarter. U S Global Investors Inc. now owns 7,718,224 shares of the airline’s stock worth $86,598,000 after buying an additional 536,978 shares during the last quarter. Hussman Strategic Advisors Inc. raised its stake in shares of American Airlines Group by 100.0% during the 2nd quarter. Hussman Strategic Advisors Inc. now owns 210,000 shares of the airline’s stock worth $2,356,000 after acquiring an additional 105,000 shares in the last quarter. Strathmore Capital Advisors Inc. purchased a new stake in American Airlines Group during the second quarter valued at approximately $231,000. Finally, Kingstone Capital Partners Texas LLC acquired a new stake in American Airlines Group in the second quarter valued at approximately $7,452,000. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

American Airlines Group Price Performance

AAL stock opened at $13.10 on Tuesday. The firm’s fifty day simple moving average is $12.40 and its 200-day simple moving average is $12.11. The company has a market capitalization of $8.65 billion, a P/E ratio of 15.23, a price-to-earnings-growth ratio of 1.73 and a beta of 1.36. 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 issued its earnings results on Thursday, October 23rd. The airline reported ($0.17) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.27) by $0.10. The firm had revenue of $13.69 billion during the quarter, compared to analysts’ expectations of $13.65 billion. American Airlines Group had a net margin of 1.11% and a negative return on equity of 18.14%. The firm’s revenue was up .3% compared to the same quarter last year. During the same quarter last year, the company posted $0.30 earnings per share. 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, sell-side analysts forecast that American Airlines Group Inc. will post 2.42 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on AAL shares. Evercore ISI upped their price target on American Airlines Group from $13.00 to $14.00 and gave the stock an “in-line” rating in a research report on Monday, September 29th. Bank of America upped their target price 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. JPMorgan Chase & Co. increased their price target on American Airlines Group from $17.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Jefferies Financial Group boosted their price target on American Airlines Group from $12.00 to $13.00 and gave the stock a “hold” rating in a research note on Wednesday, October 1st. Finally, UBS Group increased their price objective on shares of American Airlines Group from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, American Airlines Group presently has a consensus rating of “Moderate Buy” and an average 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.