New York Life Investment Management LLC Buys New Stake in American Airlines Group Inc. $AAL

New York Life Investment Management LLC bought a new stake in American Airlines Group Inc. (NASDAQ:AAL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 60,463 shares of the airline’s stock, valued at approximately $927,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new stake in American Airlines Group in the 3rd quarter valued at approximately $30,000. West Branch Capital LLC acquired a new stake in American Airlines Group in the 4th quarter valued at approximately $31,000. MassMutual Private Wealth & Trust FSB increased its holdings in American Airlines Group by 102.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,353 shares of the airline’s stock valued at $36,000 after purchasing an additional 1,188 shares during the last quarter. Guerra Advisors Inc acquired a new stake in American Airlines Group in the 3rd quarter valued at approximately $37,000. Finally, UMB Bank n.a. increased its holdings in American Airlines Group by 845.1% in the 3rd quarter. UMB Bank n.a. now owns 3,251 shares of the airline’s stock valued at $37,000 after purchasing an additional 2,907 shares during the last quarter. Institutional investors and hedge funds own 52.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on AAL. Citigroup decreased their price target on shares of American Airlines Group from $21.00 to $14.00 and set a “buy” rating for the company in a research report on Friday, March 20th. Rothschild & Co Redburn reissued a “neutral” rating and issued a $12.50 price target (down from $17.00) on shares of American Airlines Group in a research report on Thursday, March 5th. Sanford C. Bernstein reissued an “outperform” rating on shares of American Airlines Group in a research report on Wednesday, January 28th. Weiss Ratings reissued a “sell (d+)” rating on shares of American Airlines Group in a research report on Friday, March 27th. Finally, JPMorgan Chase & Co. raised their price target on shares of American Airlines Group from $20.00 to $22.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. Six equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $14.67.

American Airlines Group Stock Down 2.4%

Shares of AAL stock opened at $12.06 on Wednesday. American Airlines Group Inc. has a 52 week low of $10.09 and a 52 week high of $16.50. The stock has a market capitalization of $7.98 billion, a PE ratio of 38.90 and a beta of 1.28. The firm has a 50 day moving average of $11.53 and a two-hundred day moving average of $13.27.

American Airlines Group (NASDAQ:AAL) last released 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 analysts’ expectations of $16.13 billion. American Airlines Group had a net margin of 0.36% and a negative return on equity of 9.11%. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the company earned ($0.59) EPS. 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. Analysts expect that American Airlines Group Inc. will post -0.19 EPS for the current fiscal 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.