First Trust Advisors LP Cuts Position in LATAM Airlines Group S.A. $LTM

Posted by Brian Himes on Aug 7th, 2026

First Trust Advisors LP trimmed its holdings in shares of LATAM Airlines Group S.A. (NYSE:LTM – Free Report) by 32.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 61,156 shares of the transportation company’s stock after selling 29,429 shares during the quarter. First Trust Advisors LP’s holdings in LATAM Airlines Group were worth $3,024,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of LTM. Farther Finance Advisors LLC increased its position in shares of LATAM Airlines Group by 49.1% in the fourth quarter. Farther Finance Advisors LLC now owns 747 shares of the transportation company’s stock worth $40,000 after acquiring an additional 246 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of LATAM Airlines Group by 684.3% during the 1st quarter. Assetmark Inc. now owns 1,302 shares of the transportation company’s stock valued at $64,000 after acquiring an additional 1,136 shares in the last quarter. Leonteq Securities AG acquired a new position in shares of LATAM Airlines Group during the 4th quarter valued at $78,000. Tower Research Capital LLC TRC purchased a new stake in LATAM Airlines Group during the 2nd quarter worth $90,000. Finally, Rhumbline Advisers boosted its position in LATAM Airlines Group by 113.8% during the 1st quarter. Rhumbline Advisers now owns 3,194 shares of the transportation company’s stock worth $100,000 after purchasing an additional 1,700 shares during the period.

LATAM Airlines Group Trading Down 0.7%

Shares of LTM stock opened at $57.32 on Friday. The firm has a fifty day simple moving average of $53.89 and a 200-day simple moving average of $53.90. The company has a market capitalization of $16.46 billion, a PE ratio of 10.54, a price-to-earnings-growth ratio of 1.16 and a beta of 3.62. LATAM Airlines Group S.A. has a twelve month low of $41.41 and a twelve month high of $70.42.

LATAM Airlines Group (NYSE:LTM – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The transportation company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. LATAM Airlines Group had a net margin of 9.69% and a return on equity of 101.21%. The firm had revenue of $4.12 billion for the quarter, compared to the consensus estimate of $4.06 billion. Equities research analysts predict that LATAM Airlines Group S.A. will post 5.95 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on LTM. Weiss Ratings reiterated a “hold (c)” rating on shares of LATAM Airlines Group in a report on Friday, July 17th. JPMorgan Chase & Co. began coverage on LATAM Airlines Group in a research note on Wednesday, June 3rd. They set an “overweight” rating and a $70.00 price objective on the stock. Zacks Research raised LATAM Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Wall Street Zen upgraded LATAM Airlines Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. Finally, Jefferies Financial Group began coverage on LATAM Airlines Group in a report on Thursday, June 18th. They set a “buy” rating and a $70.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, LATAM Airlines Group currently has a consensus rating of “Buy” and an average target price of $66.27.

Get Our Latest Report on LTM

About LATAM Airlines Group

(Free Report)

LATAM Airlines Group SA is a Chilean-based airline holding company formed in 2012 through the merger of LAN Airlines of Chile and TAM Linhas Aéreas of Brazil. The Group offers passenger and cargo air transportation services across South America and beyond, operating under a multi‐brand strategy that encompasses several nationally recognized carriers. Headquartered in Santiago, Chile, LATAM is structured to serve diverse market segments with full-service, premium and low‐cost offerings.

The core business activities of LATAM Airlines Group include scheduled domestic and international passenger flights, air cargo services and maintenance, repair and overhaul (MRO) capabilities through its technical divisions.