Northwestern Mutual Wealth Management Co. Increases Position in American Airlines Group Inc. $AAL

Northwestern Mutual Wealth Management Co. increased its stake in American Airlines Group Inc. (NASDAQ:AALFree Report) by 1,453.6% in the 4th quarter, Holdings Channel reports. The fund owned 829,801 shares of the airline’s stock after buying an additional 776,389 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in American Airlines Group were worth $12,721,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Two Sigma Investments LP grew its position in American Airlines Group by 49.1% in the third quarter. Two Sigma Investments LP now owns 13,670,800 shares of the airline’s stock worth $153,660,000 after acquiring an additional 4,500,897 shares in the last quarter. Dimensional Fund Advisors LP grew its position in American Airlines Group by 4.9% in the third quarter. Dimensional Fund Advisors LP now owns 6,709,023 shares of the airline’s stock worth $75,414,000 after acquiring an additional 316,143 shares in the last quarter. Voloridge Investment Management LLC grew its position in American Airlines Group by 19.5% in the third quarter. Voloridge Investment Management LLC now owns 3,729,689 shares of the airline’s stock worth $41,922,000 after acquiring an additional 609,457 shares in the last quarter. Invesco Ltd. grew its position in American Airlines Group by 9.3% in the third quarter. Invesco Ltd. now owns 3,253,692 shares of the airline’s stock worth $36,571,000 after acquiring an additional 275,686 shares in the last quarter. Finally, Federated Hermes Inc. grew its position in American Airlines Group by 22.1% in the third quarter. Federated Hermes Inc. now owns 2,703,238 shares of the airline’s stock worth $30,384,000 after acquiring an additional 489,309 shares in the last quarter. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

American Airlines Group Stock Up 4.9%

American Airlines Group stock opened at $13.59 on Friday. The company has a market capitalization of $8.99 billion, a PE ratio of 43.84 and a beta of 1.28. The firm has a fifty day simple moving average of $11.61 and a two-hundred day simple moving average of $13.28. American Airlines Group Inc. has a twelve month low of $10.09 and a twelve month high of $16.50.

American Airlines Group (NASDAQ:AALGet Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The airline reported ($0.40) earnings per share for the quarter, topping the consensus estimate of ($0.45) by $0.05. The business had revenue of $13.91 billion during the quarter, compared to the consensus estimate of $16.13 billion. American Airlines Group had a net margin of 0.36% and a negative return on equity of 9.11%. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.59) earnings per share. American Airlines Group has set its FY 2026 guidance at -0.400-1.100 EPS and its Q2 2026 guidance at -0.200-0.200 EPS. As a group, equities analysts expect that American Airlines Group Inc. will post -0.19 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Susquehanna cut their target price on shares of American Airlines Group from $17.00 to $16.00 and set a “positive” rating for the company in a research report on Friday, April 24th. Wall Street Zen upgraded shares of American Airlines Group from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Cantor Fitzgerald set a $17.00 target price on shares of American Airlines Group in a research report on Friday, January 30th. Wells Fargo & Company lowered their price target on shares of American Airlines Group from $17.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Finally, Citigroup lowered their price target on shares of American Airlines Group from $21.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Six investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, American Airlines Group presently has an average rating of “Hold” and an average target price of $14.67.

Read Our Latest Stock Analysis on American Airlines Group

American Airlines Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

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