American Airlines Group (NASDAQ:AAL) Reaches New 12-Month High on Analyst Upgrade

American Airlines Group Inc. (NASDAQ:AAL – Get Free Report) reached a new 52-week high on Monday after Barclays raised their price target on the stock from $16.00 to $19.00. Barclays currently has an equal weight rating on the stock. American Airlines Group traded as high as $18.05 and last traded at $17.8550, with a volume of 18520198 shares. The stock had previously closed at $17.87.

AAL has been the subject of several other research reports. Rothschild & Co Redburn reissued a “neutral” rating and issued a $12.50 target price (down from $17.00) on shares of American Airlines Group in a research note on Thursday, March 5th. BMO Capital Markets raised their price target on shares of American Airlines Group from $12.00 to $13.50 and gave the stock a “market perform” rating in a research note on Friday, April 24th. Wall Street Zen upgraded shares of American Airlines Group from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Morgan Stanley boosted 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 report on Monday, June 1st. Finally, UBS Group raised their target price on shares of American Airlines Group from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Eight equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $16.47.

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Insider Buying and Selling at American Airlines Group

In other news, COO David Seymour sold 69,343 shares of the business’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 sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On American Airlines Group

Large investors have recently modified their holdings of the company. Neo Ivy Capital Management increased its position in shares of American Airlines Group by 443.4% in the third quarter. Neo Ivy Capital Management now owns 195,838 shares of the airline’s stock worth $2,201,000 after acquiring an additional 159,800 shares in the last quarter. Clear Street Group Inc. purchased a new stake in American Airlines Group during the 3rd quarter worth $1,480,000. Entropy Technologies LP boosted its position in American Airlines Group by 874.7% during the 3rd quarter. Entropy Technologies LP now owns 669,600 shares of the airline’s stock worth $7,526,000 after purchasing an additional 600,900 shares during the period. Assenagon Asset Management S.A. acquired a new stake in American Airlines Group in the 4th quarter valued at $9,663,000. Finally, Columbus Hill Capital Management L.P. acquired a new stake in American Airlines Group in the 3rd quarter valued at $4,487,000. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

American Airlines Group Price Performance

The firm has a 50-day simple moving average of $13.73 and a 200 day simple moving average of $13.57. The company has a market capitalization of $11.73 billion, a PE ratio of 57.23 and a beta of 1.35.

American Airlines Group (NASDAQ:AAL – Get Free Report) last posted its earnings results on Thursday, April 23rd. The airline reported ($0.40) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.05. The business had revenue of $13.91 billion during the quarter, compared to analyst estimates of $16.13 billion. American Airlines Group had a negative return on equity of 9.11% and a net margin of 0.36%.The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($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. Equities research analysts expect that American Airlines Group Inc. will post 0.13 EPS for the current fiscal year.

American Airlines Group Company Profile

(Get 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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