Pacer Advisors Inc. Sells 500,857 Shares of American Airlines Group Inc. $AAL

Pacer Advisors Inc. decreased its stake in American Airlines Group Inc. (NASDAQ:AAL) by 86.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 77,882 shares of the airline’s stock after selling 500,857 shares during the period. Pacer Advisors Inc.’s holdings in American Airlines Group were worth $836,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Two Sigma Investments LP increased its holdings in American Airlines Group by 49.1% in the 3rd quarter. Two Sigma Investments LP now owns 13,670,800 shares of the airline’s stock worth $153,660,000 after acquiring an additional 4,500,897 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of American Airlines Group by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 12,803,168 shares of the airline’s stock worth $196,323,000 after purchasing an additional 159,844 shares during the period. Renaissance Technologies LLC boosted its position in shares of American Airlines Group by 569.4% in the first quarter. Renaissance Technologies LLC now owns 9,687,232 shares of the airline’s stock worth $104,041,000 after purchasing an additional 8,240,100 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of American Airlines Group by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 7,086,888 shares of the airline’s stock worth $76,098,000 after purchasing an additional 152,266 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of American Airlines Group by 6.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,483,781 shares of the airline’s stock worth $99,396,000 after purchasing an additional 406,393 shares in the last quarter. Institutional investors own 52.44% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Morgan Stanley lifted their target price on shares of American Airlines Group from $20.00 to $24.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Wells Fargo & Company reiterated a “market perform” rating on shares of American Airlines Group in a research note on Tuesday, June 30th. Zacks Research raised American Airlines Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Bank of America boosted their price objective on American Airlines Group from $16.00 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. upped their price objective on American Airlines Group from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $19.03.

American Airlines Group Stock Performance

AAL stock opened at $15.94 on Monday. The company’s fifty day moving average price is $15.74 and its 200-day moving average price is $13.69. American Airlines Group Inc. has a one year low of $10.09 and a one year high of $18.79. The company has a market capitalization of $10.55 billion, a PE ratio of -32.53 and a beta of 1.34.

American Airlines Group (NASDAQ:AAL) last posted its earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.12. The company had revenue of $16.73 billion during the quarter, compared to analysts’ expectations of $16.70 billion. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. American Airlines Group’s quarterly revenue was up 16.3% on a year-over-year basis. During the same period last year, the company posted $0.95 earnings per share. 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. On average, research analysts predict that American Airlines Group Inc. will post 0.02 EPS for the current fiscal year.

Insider Activity

In other news, COO David Seymour sold 69,343 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $17.00, for a total transaction of $1,178,831.00. Following the completion of the transaction, the chief operating officer owned 1,025,489 shares in the company, valued at $17,433,313. This trade represents a 6.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Angela Owens sold 40,077 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $15.26, for a total value of $611,575.02. Following the transaction, the senior vice president owned 178,799 shares of the company’s stock, valued at approximately $2,728,472.74. The trade was a 18.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 205,044 shares of company stock valued at $3,407,451 in the last three months. Insiders own 0.70% of the company’s stock.

American Airlines Group 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.