American Airlines Group (NASDAQ:AAL) Sets New 1-Year High on Analyst Upgrade

American Airlines Group Inc. (NASDAQ:AAL)’s stock price hit a new 52-week high on Monday after Bank of America raised their price target on the stock from $14.00 to $16.00. Bank of America currently has a neutral rating on the stock. American Airlines Group traded as high as $16.50 and last traded at $16.4430, with a volume of 55674338 shares. The stock had previously closed at $15.99.

Other equities analysts also recently issued reports about the company. Rothschild & Co Redburn restated 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. Citigroup restated a “neutral” rating on shares of American Airlines Group in a research note on Monday. UBS Group raised their target price on American Airlines Group from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. TD Cowen reduced their price target on shares of American Airlines Group from $17.00 to $13.00 and set a “buy” rating for the company in a report on Monday, March 9th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of American Airlines Group from $13.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Seven analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, American Airlines Group currently has an average rating of “Hold” and a consensus target price of $15.59.

Institutional Trading of American Airlines Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of American Airlines Group by 39.0% in the 1st quarter. Bank of America Corp DE now owns 2,165,162 shares of the airline’s stock worth $23,254,000 after acquiring an additional 608,049 shares during the period. South Dakota Investment Council bought a new stake in American Airlines Group during the first quarter worth approximately $243,000. Amundi acquired a new stake in American Airlines Group in the first quarter worth approximately $496,000. California State Teachers Retirement System boosted its stake in American Airlines Group by 19.0% during the 1st quarter. California State Teachers Retirement System now owns 216,876 shares of the airline’s stock valued at $2,329,000 after purchasing an additional 34,698 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of American Airlines Group by 47.4% during the 1st quarter. Empowered Funds LLC now owns 27,558 shares of the airline’s stock valued at $296,000 after purchasing an additional 8,859 shares during the period. 52.44% of the stock is currently owned by institutional investors.

American Airlines Group Stock Performance

The company has a market cap of $10.83 billion, a P/E ratio of 52.85 and a beta of 1.35. The stock has a 50 day moving average price of $13.19 and a 200 day moving average price of $13.48.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, April 23rd. The airline reported ($0.40) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.45) by $0.05. American Airlines Group had a negative return on equity of 9.11% and a net margin of 0.36%.The firm had revenue of $13.91 billion for the quarter, compared to analyst estimates of $16.13 billion. During the same period in the previous year, the company earned ($0.59) earnings per share. American Airlines Group’s revenue was up 10.8% compared to the same quarter last year. 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. As a group, equities research analysts predict that American Airlines Group Inc. will post 0.13 earnings per share for the current year.

American Airlines Group Company 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.