American Airlines Group (NASDAQ:AAL – Get Free Report) was downgraded by investment analysts at Melius Research from a “buy” rating to a “hold” rating in a research report issued on Tuesday, MarketBeat.com reports. They currently have a $19.00 price target on the airline’s stock. Melius Research’s price objective indicates a potential upside of 7.04% from the company’s previous close.
Several other analysts also recently weighed in on the company. BMO Capital Markets lifted their target price on American Airlines Group from $13.50 to $19.50 and gave the stock a “market perform” rating in a research report on Thursday, July 2nd. The Goldman Sachs Group raised their price target on shares of American Airlines Group from $10.00 to $15.00 and gave the stock a “sell” rating in a research note on Thursday. Bank of America lifted their price objective on shares of American Airlines Group from $16.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. UBS Group boosted their price objective on shares of American Airlines Group from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Finally, Weiss Ratings upgraded shares of American Airlines Group from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, June 23rd. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, American Airlines Group has an average rating of “Hold” and an average target price of $19.37.
Check Out Our Latest Analysis on American Airlines Group
American Airlines Group Stock Performance
American Airlines Group (NASDAQ:AAL – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The airline reported ($0.40) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.45) by $0.05. American Airlines Group had a negative return on equity of 9.11% and a net margin of 0.36%.The firm had revenue of $13.91 billion during the quarter, compared to analyst estimates of $16.13 billion. During the same period last year, the company earned ($0.59) EPS. American Airlines Group’s quarterly revenue was up 10.8% compared to the same quarter last year. 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. As a group, analysts predict that American Airlines Group will post 0.25 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other American Airlines Group news, COO David Seymour sold 56,456 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $18.00, for a total transaction of $1,016,208.00. Following 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.70% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On American Airlines Group
Hedge funds have recently made changes to their positions in the stock. West Branch Capital LLC bought a new stake in American Airlines Group during the fourth quarter valued at about $31,000. MassMutual Private Wealth & Trust FSB raised its holdings in American Airlines Group by 102.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,353 shares of the airline’s stock worth $36,000 after purchasing an additional 1,188 shares in the last quarter. Center for Financial Planning Inc. raised 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 purchasing an additional 2,000 shares in the last quarter. Root Financial Partners LLC lifted its position 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 buying an additional 949 shares during the last quarter. Finally, Clearstead Advisors LLC lifted its position in shares of American Airlines Group by 140.3% during the fourth quarter. Clearstead Advisors LLC now owns 2,968 shares of the airline’s stock valued at $45,000 after buying an additional 1,733 shares during the last quarter. 52.44% of the stock is currently owned by hedge funds and other institutional investors.
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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