Canada Pension Plan Investment Board bought a new stake in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 456,000 shares of the airline’s stock, valued at approximately $8,240,000.
A number of other large investors also recently bought and sold shares of the business. BlackRock Inc. bought a new stake in American Airlines Group during the second quarter worth about $1,144,739,000. Renaissance Technologies LLC lifted its holdings in shares of American Airlines Group by 569.4% during the first quarter. Renaissance Technologies LLC now owns 9,687,232 shares of the airline’s stock valued at $104,041,000 after purchasing an additional 8,240,100 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of American Airlines Group during the second quarter valued at approximately $119,628,000. Two Sigma Investments LP boosted its position in shares of American Airlines Group by 49.1% in the 3rd quarter. Two Sigma Investments LP now owns 13,670,800 shares of the airline’s stock worth $153,660,000 after purchasing an additional 4,500,897 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of American Airlines Group in the 2nd quarter worth approximately $68,132,000. 52.44% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other American Airlines Group news, SVP Angela Owens sold 40,077 shares of American Airlines Group stock in a transaction on Friday, July 31st. The stock was sold at an average price of $15.26, for a total value of $611,575.02. Following the completion of the sale, the senior vice president owned 178,799 shares of the company’s stock, valued at approximately $2,728,472.74. This trade represents a 18.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO David Seymour sold 56,456 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $1,016,208.00. Following the sale, the chief operating officer directly owned 969,033 shares in the company, valued at $17,442,594. This trade represents a 5.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 205,044 shares of company stock valued at $3,407,451. Corporate insiders own 0.70% of the company’s stock.
American Airlines Group Stock Down 0.6%
American Airlines Group (NASDAQ:AAL – Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $16.73 billion during the quarter, compared to analyst estimates of $16.70 billion. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.95 EPS. 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, sell-side analysts anticipate that American Airlines Group Inc. will post -0.16 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the company. UBS Group cut their price target on American Airlines Group from $21.00 to $18.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. Melius Research downgraded American Airlines Group from a “buy” rating to a “hold” rating and boosted their target price for the stock from $15.00 to $19.00 in a report on Tuesday, July 7th. JPMorgan Chase & Co. boosted their target price on American Airlines Group from $22.00 to $24.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft increased their target price on American Airlines Group from $13.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, Jefferies Financial Group raised their price target on American Airlines Group from $15.00 to $16.00 and gave the company a “hold” rating in a report on Wednesday, June 24th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, American Airlines Group currently has a consensus rating of “Hold” and a consensus target price of $18.86.
View Our Latest Stock Report on AAL
American Airlines Group 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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