American Airlines Group (NASDAQ:AAL – Get Free Report) had its target price decreased by research analysts at TD Cowen from $24.00 to $16.00 in a research report issued on Monday,Benzinga reports. The firm currently has a “buy” rating on the airline’s stock. TD Cowen’s price target would suggest a potential upside of 16.92% from the stock’s previous close.
Several other research analysts also recently weighed in on AAL. Melius Research downgraded shares of American Airlines Group from a “buy” rating to a “hold” rating and upped their target price for the company from $15.00 to $19.00 in a research note on Tuesday, July 7th. Morgan Stanley lifted their price target on shares of American Airlines Group from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. JPMorgan Chase & Co. upped their price objective on shares of American Airlines Group from $22.00 to $24.00 and gave the company an “overweight” rating in a research report on Friday, July 24th. Wells Fargo & Company restated a “market perform” rating on shares of American Airlines Group in a research note on Tuesday, June 30th. Finally, Jefferies Financial Group lifted their target price on American Airlines Group from $15.00 to $16.00 and gave the stock a “hold” rating in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, American Airlines Group has a consensus rating of “Hold” and a consensus target price of $18.61.
Read Our Latest Stock Report on American Airlines Group
American Airlines Group Price Performance
American Airlines Group (NASDAQ:AAL – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $16.73 billion during the quarter, compared to analysts’ expectations of $16.70 billion. During the same quarter in the prior year, the business earned $0.95 EPS. American Airlines Group’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.
Insiders Place Their Bets
In other American Airlines Group news, COO David Seymour sold 69,343 shares of the firm’s stock in a transaction 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 transaction, the chief operating officer directly owned 1,025,489 shares of the company’s stock, valued at $17,433,313. This trade represents a 6.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Angela Owens sold 40,077 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $15.26, for a total transaction of $611,575.02. Following the completion of the sale, the senior vice president directly owned 178,799 shares of the company’s stock, valued at $2,728,472.74. The trade was a 18.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 205,044 shares of company stock worth $3,407,451 over the last quarter. 0.70% of the stock is currently owned by insiders.
Hedge Funds Weigh In On American Airlines Group
A number of hedge funds have recently bought and sold shares of the company. Invesco Ltd. lifted its holdings in American Airlines Group by 1.3% during the 2nd quarter. Invesco Ltd. now owns 2,978,006 shares of the airline’s stock worth $33,413,000 after buying an additional 36,877 shares during the last quarter. Brown Advisory Inc. increased its holdings in shares of American Airlines Group by 42.6% in the 2nd quarter. Brown Advisory Inc. now owns 45,358 shares of the airline’s stock valued at $509,000 after acquiring an additional 13,539 shares during the last quarter. California Public Employees Retirement System raised its position in shares of American Airlines Group by 5.0% during the 2nd quarter. California Public Employees Retirement System now owns 1,164,443 shares of the airline’s stock valued at $13,065,000 after acquiring an additional 55,059 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of American Airlines Group by 6.6% during the 2nd quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock valued at $149,000 after acquiring an additional 823 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in American Airlines Group by 34.4% during the second quarter. Sei Investments Co. now owns 1,315,532 shares of the airline’s stock worth $14,760,000 after purchasing an additional 336,993 shares during the last quarter. 52.44% of the stock is currently owned by institutional investors and hedge funds.
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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