Rockefeller Capital Management L.P. lessened its stake in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) by 16.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 957,278 shares of the airline’s stock after selling 191,703 shares during the period. Rockefeller Capital Management L.P.’s holdings in American Airlines Group were worth $14,675,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. EverSource Wealth Advisors LLC increased its position in shares of American Airlines Group by 21.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 4,276 shares of the airline’s stock worth $66,000 after acquiring an additional 766 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of American Airlines Group by 6.6% in the 2nd quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock valued at $149,000 after acquiring an additional 823 shares in the last quarter. Frank Rimerman Advisors LLC lifted its position in shares of American Airlines Group by 4.5% in the 4th quarter. Frank Rimerman Advisors LLC now owns 22,346 shares of the airline’s stock valued at $343,000 after acquiring an additional 954 shares in the last quarter. US Bancorp DE boosted its stake in American Airlines Group by 7.9% in the 3rd quarter. US Bancorp DE now owns 13,469 shares of the airline’s stock worth $151,000 after purchasing an additional 983 shares during the period. Finally, Empowered Funds LLC boosted its stake in American Airlines Group by 5.6% in the 4th quarter. Empowered Funds LLC now owns 18,699 shares of the airline’s stock worth $287,000 after purchasing an additional 988 shares during the period. 52.44% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
AAL has been the topic of several recent analyst reports. TD Cowen cut their target price on shares of American Airlines Group from $17.00 to $13.00 and set a “buy” rating on the stock in a research note on Monday, March 9th. Morgan Stanley lifted their price target on American Airlines Group from $20.00 to $24.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Rothschild & Co Redburn reissued a “neutral” rating and set a $12.50 price target (down from $17.00) on shares of American Airlines Group in a research report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft increased their price objective on American Airlines Group from $13.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, Weiss Ratings lowered American Airlines Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, June 1st. Seven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, American Airlines Group presently has an average rating of “Hold” and a consensus price target of $15.76.
American Airlines Group Stock Up 0.4%
American Airlines Group stock opened at $16.14 on Wednesday. American Airlines Group Inc. has a 12 month low of $10.09 and a 12 month high of $16.59. The stock has a market cap of $10.67 billion, a P/E ratio of 52.06 and a beta of 1.35. The company’s fifty day simple moving average is $13.38 and its 200-day simple moving average is $13.50.
American Airlines Group (NASDAQ:AAL – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The airline reported ($0.40) earnings per share (EPS) for the quarter, topping the consensus estimate 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%.American Airlines Group’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the company 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. On average, equities research analysts expect that American Airlines Group Inc. will post 0.13 earnings per share for the current fiscal year.
About American Airlines Group
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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