Barclays upgraded shares of American Airlines Group (NASDAQ:AAL – Free Report) to a hold rating in a report issued on Thursday morning,Zacks.com reports.
Other research analysts also recently issued research reports about the stock. Wells Fargo & Company cut their target price on shares of American Airlines Group from $17.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Monday, March 16th. Citigroup upped their price target on shares of American Airlines Group from $14.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday. Morgan Stanley increased their price objective on shares of American Airlines Group from $20.00 to $24.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Weiss Ratings raised shares of American Airlines Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday. Finally, Wall Street Zen raised shares of American Airlines Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Eight analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, American Airlines Group currently has a consensus rating of “Hold” and an average price target of $16.47.
Read Our Latest Stock Report on AAL
American Airlines Group Stock Up 1.7%
American Airlines Group (NASDAQ:AAL – Get Free Report) last issued its 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 analysts’ expectations of $16.13 billion. American Airlines Group had a negative return on equity of 9.11% and a net margin of 0.36%.The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.59) EPS. 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. Equities analysts anticipate that American Airlines Group will post 0.13 earnings per share for the current year.
Insider Activity at American Airlines Group
In related news, COO David Seymour sold 69,343 shares of the stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $17.00, for a total transaction of $1,178,831.00. Following the completion of the sale, the chief operating officer owned 1,025,489 shares of the company’s stock, valued at $17,433,313. This represents a 6.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.70% of the stock is currently owned by company insiders.
Institutional Trading of American Airlines Group
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC grew its stake in American Airlines Group by 569.4% during the 1st quarter. Renaissance Technologies LLC now owns 9,687,232 shares of the airline’s stock worth $104,041,000 after buying an additional 8,240,100 shares during the last quarter. Two Sigma Investments LP raised its stake 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 valued at $153,660,000 after buying an additional 4,500,897 shares during the last quarter. Norges Bank acquired a new stake in American Airlines Group in the fourth quarter worth about $33,198,000. AQR Capital Management LLC boosted its holdings in American Airlines Group by 1,711.5% in the fourth quarter. AQR Capital Management LLC now owns 1,984,457 shares of the airline’s stock worth $30,422,000 after acquiring an additional 1,874,909 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in American Airlines Group by 572.8% in the fourth quarter. First Trust Advisors LP now owns 2,152,577 shares of the airline’s stock worth $32,999,000 after acquiring an additional 1,832,613 shares in the last quarter. Hedge funds and other institutional investors own 52.44% of the company’s stock.
American Airlines Group News Roundup
Here are the key news stories impacting American Airlines Group this week:
- Positive Sentiment: Citigroup raised its price target on American Airlines Group from $14 to $22 and reiterated a buy rating, implying meaningful upside from recent trading levels. Citigroup raises American Airlines price target to $22
- Positive Sentiment: The stock was highlighted as part of a group of airline names reaching fresh 52-week highs, reflecting improving momentum and investor optimism around the sector. Stocktwits article on 52-week highs
- Positive Sentiment: A separate note said airline stocks, including American Airlines, are benefiting from lower oil prices, which can reduce jet fuel costs and improve margins for carriers. Why Is American Airlines (AAL) Stock Soaring Today
- Neutral Sentiment: Other recent coverage continued to place American Airlines among the airline stocks worth watching, but without a major new company-specific catalyst. Best Airline Stocks To Research – June 25th
- Neutral Sentiment: One article discussed a bullish chart pattern tied to American Airlines, suggesting technical traders may be supporting the move. United Is About To Join American Airlines In An Exclusive Bullish Club Linked To Elon Musk
- Negative Sentiment: American Airlines also saw a reported rise in short interest during June, which can signal that some traders remain skeptical about the sustainability of the rally. Short interest update for American Airlines
About American Airlines Group
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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