Connor Clark & Lunn Investment Management Ltd. Makes New Investment in American Airlines Group Inc. $AAL

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in American Airlines Group Inc. (NASDAQ:AAL) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,620,243 shares of the airline’s stock, valued at approximately $119,628,000. Connor Clark & Lunn Investment Management Ltd. owned approximately 1.00% of American Airlines Group at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Keating Financial Advisory Services Inc. acquired a new stake in shares of American Airlines Group in the 2nd quarter valued at about $29,000. Pinnacle Holdings LLC acquired a new position in American Airlines Group during the 2nd quarter worth approximately $30,000. Center for Financial Planning Inc. boosted its holdings in American Airlines Group by 377.4% in the fourth quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline’s stock worth $39,000 after acquiring an additional 2,000 shares in the last quarter. Root Financial Partners LLC boosted its holdings in American Airlines Group by 33.1% in the first quarter. Root Financial Partners LLC now owns 3,816 shares of the airline’s stock worth $41,000 after acquiring an additional 949 shares in the last quarter. Finally, Clearstead Advisors LLC grew its stake in American Airlines Group by 140.3% in the fourth quarter. Clearstead Advisors LLC now owns 2,968 shares of the airline’s stock valued at $45,000 after acquiring an additional 1,733 shares during the period. Institutional investors and hedge funds own 52.44% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Morgan Stanley upped their target price on American Airlines Group from $20.00 to $24.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Barclays boosted their price target on shares of American Airlines Group from $16.00 to $19.00 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Wells Fargo & Company restated a “market perform” rating on shares of American Airlines Group in a report on Tuesday, June 30th. Bank of America raised their price objective on shares of American Airlines Group from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of American Airlines Group from $13.00 to $18.00 and gave the company a “buy” rating in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $19.03.

Insider Activity

In other American Airlines Group news, SVP Angela Owens sold 40,077 shares of the company’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 completion of the sale, the senior vice president directly owned 178,799 shares of the company’s stock, valued at approximately $2,728,472.74. This represents a 18.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO David Seymour sold 56,456 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $18.00, for a total transaction of $1,016,208.00. Following the completion of the sale, the chief operating officer owned 969,033 shares of the company’s stock, valued at approximately $17,442,594. This trade represents a 5.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 205,044 shares of company stock valued at $3,407,451. 0.70% of the stock is currently owned by corporate insiders.

American Airlines Group Stock Performance

Shares of American Airlines Group stock opened at $13.82 on Monday. The stock has a fifty day simple moving average of $15.85 and a 200 day simple moving average of $13.72. American Airlines Group Inc. has a 12-month low of $10.09 and a 12-month high of $18.79. The company has a market capitalization of $9.15 billion, a P/E ratio of -28.20 and a beta of 1.34.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.12. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The business had revenue of $16.73 billion during the quarter, compared to analyst estimates of $16.70 billion. During the same period in the prior year, the firm posted $0.95 EPS. American Airlines Group’s quarterly revenue was up 16.3% compared to the same quarter last year. 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.

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.