American Airlines Group Inc. $AAL Shares Purchased by Spire Wealth Management

Spire Wealth Management increased its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL) by 81.3% in the second quarter, Holdings Channel reports. The firm owned 43,690 shares of the airline’s stock after acquiring an additional 19,595 shares during the period. Spire Wealth Management’s holdings in American Airlines Group were worth $490,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AAL. Bogart Wealth LLC increased its position in American Airlines Group by 1,300.0% during the 1st quarter. Bogart Wealth LLC now owns 2,800 shares of the airline’s stock worth $30,000 after purchasing an additional 2,600 shares in the last quarter. Assetmark Inc. purchased a new position in American Airlines Group in the 1st quarter worth approximately $30,000. Vermillion & White Wealth Management Group LLC boosted its holdings in American Airlines Group by 58.0% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 2,839 shares of the airline’s stock worth $30,000 after acquiring an additional 1,042 shares during the period. Nvwm LLC boosted its holdings in American Airlines Group by 30,000.0% in the 1st quarter. Nvwm LLC now owns 4,515 shares of the airline’s stock worth $48,000 after acquiring an additional 4,500 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its holdings in American Airlines Group by 10,110.4% in the 1st quarter. Cullen Frost Bankers Inc. now owns 4,901 shares of the airline’s stock worth $52,000 after acquiring an additional 4,853 shares during the period. Institutional investors and hedge funds own 52.44% of the company’s stock.

American Airlines Group Price Performance

Shares of AAL opened at $13.13 on Monday. The business’s fifty day moving average price is $12.43 and its 200 day moving average price is $11.77. American Airlines Group Inc. has a 12-month low of $8.50 and a 12-month high of $19.10. The stock has a market capitalization of $8.67 billion, a PE ratio of 15.27, a price-to-earnings-growth ratio of 1.73 and a beta of 1.36.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings data on Thursday, October 23rd. The airline reported ($0.17) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.27) by $0.10. American Airlines Group had a negative return on equity of 18.14% and a net margin of 1.11%.The firm had revenue of $13.69 billion for the quarter, compared to analysts’ expectations of $13.65 billion. During the same period last year, the business posted $0.30 earnings per share. The firm’s revenue for the quarter was up .3% on a year-over-year basis. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS. FY 2025 guidance at 0.650-0.950 EPS. As a group, research analysts anticipate that American Airlines Group Inc. will post 2.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have weighed in on AAL. The Goldman Sachs Group upped their price target on American Airlines Group from $8.00 to $10.00 and gave the stock a “sell” rating in a report on Wednesday, August 27th. Bank of America upped their price target on American Airlines Group from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, August 18th. Jefferies Financial Group increased their target price on American Airlines Group from $12.00 to $13.00 and gave the company a “hold” rating in a research note on Wednesday, October 1st. Cowen reiterated a “buy” rating on shares of American Airlines Group in a research note on Monday, October 27th. Finally, JPMorgan Chase & Co. increased their target price on American Airlines Group from $17.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, American Airlines Group currently has a consensus rating of “Moderate Buy” and an average target price of $16.65.

About American Airlines Group

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.