American Airlines Group (NASDAQ:AAL – Get Free Report) had its price objective dropped by stock analysts at TD Cowen from $24.00 to $16.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the airline’s stock. TD Cowen’s target price indicates a potential upside of 16.92% from the company’s current price.
A number of other analysts have also recently weighed in on the company. Citigroup dropped their price target on American Airlines Group from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Wall Street Zen downgraded American Airlines Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Bank of America raised their target price on American Airlines Group from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. Cantor Fitzgerald set a $24.00 price target on shares of American Airlines Group in a research report on Thursday, July 2nd. Finally, UBS Group dropped their price objective on shares of American Airlines Group from $21.00 to $18.00 and set a “buy” rating on the stock in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $18.61.
Read Our Latest Analysis on American Airlines Group
American Airlines Group Price Performance
American Airlines Group (NASDAQ:AAL – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.12. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The firm had revenue of $16.73 billion for the quarter, compared to analyst estimates of $16.70 billion. During the same quarter in the prior year, the business earned $0.95 earnings per share. American Airlines Group’s quarterly revenue was up 16.3% on a year-over-year basis. American Airlines Group has set its Q3 2026 guidance at -0.700–0.100 EPS and its FY 2026 guidance at -0.650-0.650 EPS.
Insider Buying and Selling at American Airlines Group
In other news, SVP Angela Owens sold 40,077 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $15.26, for a total value of $611,575.02. Following the completion of the transaction, the senior vice president owned 178,799 shares of the company’s stock, valued at approximately $2,728,472.74. This represents a 18.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO David Seymour sold 56,456 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $1,016,208.00. Following the transaction, the chief operating officer directly owned 969,033 shares in the company, valued at $17,442,594. This trade represents a 5.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 205,044 shares of company stock worth $3,407,451 in the last ninety days. 0.70% of the stock is owned by company insiders.
Institutional Investors Weigh In On American Airlines Group
Institutional investors have recently bought and sold shares of the stock. Keating Financial Advisory Services Inc. bought a new stake in shares of American Airlines Group during the 2nd quarter worth about $29,000. Fiduciary Financial Advisors bought a new position in shares of American Airlines Group in the second quarter valued at approximately $29,000. Pinnacle Holdings LLC bought a new position in shares of American Airlines Group in the second quarter valued at approximately $30,000. Center for Financial Planning Inc. increased its stake in shares of American Airlines Group by 377.4% during the fourth quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline’s stock valued at $39,000 after acquiring an additional 2,000 shares during the period. Finally, Root Financial Partners LLC increased its stake in shares of American Airlines Group by 33.1% during the first quarter. Root Financial Partners LLC now owns 3,816 shares of the airline’s stock valued at $41,000 after acquiring an additional 949 shares during the period. Institutional investors and hedge funds own 52.44% of the company’s stock.
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.
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