Rockefeller Capital Management L.P. boosted its holdings in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) by 22.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,253,161 shares of the airline’s stock after purchasing an additional 232,399 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in American Airlines Group were worth $14,060,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in AAL. Cetera Investment Advisers raised its position in shares of American Airlines Group by 5.4% during the second quarter. Cetera Investment Advisers now owns 111,340 shares of the airline’s stock valued at $1,249,000 after buying an additional 5,712 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of American Airlines Group by 7.8% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 169,449 shares of the airline’s stock worth $1,901,000 after acquiring an additional 12,264 shares during the last quarter. CFO4Life Group LLC boosted its position in shares of American Airlines Group by 13.0% during the second quarter. CFO4Life Group LLC now owns 20,025 shares of the airline’s stock worth $225,000 after acquiring an additional 2,305 shares during the last quarter. SBI Securities Co. Ltd. grew its stake in American Airlines Group by 2.4% during the second quarter. SBI Securities Co. Ltd. now owns 43,365 shares of the airline’s stock valued at $487,000 after acquiring an additional 1,018 shares in the last quarter. Finally, Vise Technologies Inc. bought a new stake in American Airlines Group in the 2nd quarter valued at $136,000. 52.44% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
AAL has been the topic of several research analyst reports. Bank of America boosted their price target on shares of American Airlines Group from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, August 18th. Evercore ISI boosted their target price on American Airlines Group from $13.00 to $14.00 and gave the stock an “in-line” rating in a research report on Monday, September 29th. JPMorgan Chase & Co. raised their price target on American Airlines Group from $17.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, September 12th. Jefferies Financial Group lifted their price objective on American Airlines Group from $12.00 to $13.00 and gave the stock a “hold” rating in a research note on Wednesday, October 1st. Finally, Weiss Ratings downgraded American Airlines Group from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $16.65.
American Airlines Group Trading Up 0.2%
AAL opened at $12.36 on Wednesday. The firm has a market cap of $8.16 billion, a P/E ratio of 14.37, a P/E/G ratio of 1.73 and a beta of 1.36. American Airlines Group Inc. has a 12 month low of $8.50 and a 12 month high of $19.10. The stock has a 50-day moving average of $12.41 and a 200 day moving average of $12.06.
American Airlines Group (NASDAQ:AAL – Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The airline reported ($0.17) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.10. The business had revenue of $13.69 billion for the quarter, compared to the consensus estimate of $13.65 billion. American Airlines Group had a negative return on equity of 18.14% and a net margin of 1.11%.The company’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 earnings per share. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS. FY 2025 guidance at 0.650-0.950 EPS. On average, research analysts forecast that American Airlines Group Inc. will post 2.42 earnings per share for the current fiscal year.
American Airlines Group Profile
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.
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