American Airlines Group (NASDAQ:AAL – Get Free Report) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.
AAL has been the subject of a number of other reports. JPMorgan Chase & Co. raised their price objective on American Airlines Group from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday. The Goldman Sachs Group decreased their target price on shares of American Airlines Group from $15.00 to $13.00 and set a “sell” rating on the stock in a research report on Friday. Jefferies Financial Group increased their target price on shares of American Airlines Group from $15.00 to $16.00 and gave the stock a “hold” rating in a research note on Wednesday, June 24th. Cantor Fitzgerald set a $24.00 price target on shares of American Airlines Group in a research report on Thursday, July 2nd. Finally, Sanford C. Bernstein boosted their price target on shares of American Airlines Group from $20.00 to $23.00 and gave the company a “market outperform” rating in a research note on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $19.18.
Check Out Our Latest Research Report on American Airlines Group
American Airlines Group Stock Performance
American Airlines Group (NASDAQ:AAL – Get Free Report) last posted its earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.12. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The company had revenue of $16.73 billion during the quarter, compared to analysts’ expectations of $16.70 billion. During the same quarter last year, the firm earned $0.95 earnings per share. The firm’s quarterly revenue was up 16.3% compared to the same quarter last year. American Airlines Group has set its Q3 2026 guidance at -0.700–0.100 EPS and its FY 2026 guidance at -0.650-0.650 EPS. As a group, equities research analysts forecast that American Airlines Group will post 0.2 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other American Airlines Group news, COO David Seymour sold 69,343 shares of American Airlines Group stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $17.00, for a total value of $1,178,831.00. Following the completion of the transaction, the chief operating officer directly owned 1,025,489 shares of the company’s stock, valued at $17,433,313. The trade was a 6.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.70% of the stock is currently owned by corporate insiders.
Institutional Trading of American Airlines Group
Several hedge funds have recently made changes to their positions in the business. Gradient Investments LLC purchased a new position in shares of American Airlines Group in the second quarter valued at approximately $2,844,000. Kwmg LLC grew its holdings in shares of American Airlines Group by 3.3% in the second quarter. Kwmg LLC now owns 502,506 shares of the airline’s stock valued at $9,080,000 after purchasing an additional 16,070 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in American Airlines Group by 1,025.5% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,191,912 shares of the airline’s stock worth $21,538,000 after buying an additional 1,086,013 shares during the period. Evanson Financial LLC purchased a new stake in American Airlines Group during the 2nd quarter worth approximately $201,000. Finally, Gainplan LLC acquired a new stake in American Airlines Group during the 2nd quarter worth approximately $453,000. Institutional investors and hedge funds own 52.44% of the company’s stock.
Trending Headlines about American Airlines Group
Here are the key news stories impacting American Airlines Group this week:
- Positive Sentiment: JPMorgan raised its price target on AAL to $24 from $22 and kept an overweight rating, signaling greater confidence in the stock’s upside after the post-earnings pullback. Benzinga
- Positive Sentiment: Zacks added American Airlines to its Rank #1 (Strong Buy) list, while other commentary said the stock looks technically oversold and could be due for a turnaround. Zacks
- Positive Sentiment: Analysts and market commentary pointed to improving sentiment around revenue strategy, premium demand, loyalty growth, and network gains, which supports the case for a recovery after the stock’s recent drop. Yahoo Finance
- Neutral Sentiment: American Airlines reported record quarterly revenue of $16.74 billion and beat EPS expectations, but investors are balancing that strength against a sharp profit decline year over year and a weaker full-year outlook. GlobeNewswire
- Negative Sentiment: The main pressure point remains surging jet fuel costs, which led American Airlines to cut its earnings guidance and cloud the profit outlook despite strong demand trends. CNBC
American Airlines Group Company Profile
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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