Slate Path Capital LP Cuts Stock Holdings in American Airlines Group Inc. $AAL

Slate Path Capital LP lowered its holdings in American Airlines Group Inc. (NASDAQ:AAL) by 19.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,054,594 shares of the airline’s stock after selling 1,684,000 shares during the quarter. Slate Path Capital LP owned approximately 1.07% of American Airlines Group worth $79,153,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC boosted its stake in shares of American Airlines Group by 58.0% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 2,839 shares of the airline’s stock valued at $30,000 after purchasing an additional 1,042 shares in the last quarter. Laurel Wealth Advisors LLC raised its stake in American Airlines Group by 1,022.1% in the second quarter. Laurel Wealth Advisors LLC now owns 4,466 shares of the airline’s stock worth $50,000 after buying an additional 4,068 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in American Airlines Group during the second quarter worth $65,000. Geneos Wealth Management Inc. boosted its position in American Airlines Group by 11.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 9,558 shares of the airline’s stock valued at $101,000 after acquiring an additional 969 shares in the last quarter. Finally, Greenleaf Trust bought a new stake in American Airlines Group during the 2nd quarter valued at $118,000. Hedge funds and other institutional investors own 52.44% of the company’s stock.

American Airlines Group Price Performance

Shares of NASDAQ:AAL opened at $15.14 on Thursday. The business’s 50-day moving average is $12.98 and its 200 day moving average is $12.34. American Airlines Group Inc. has a 1 year low of $8.50 and a 1 year high of $19.10. The firm has a market capitalization of $9.99 billion, a P/E ratio of 17.60, a P/E/G ratio of 2.56 and a beta of 1.26.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings results on Thursday, October 23rd. The airline reported ($0.17) earnings per share for the quarter, topping the consensus estimate of ($0.27) by $0.10. American Airlines Group had a negative return on equity of 18.14% and a net margin of 1.11%.The business had revenue of $13.69 billion during the quarter, compared to the consensus estimate of $13.65 billion. During the same quarter last year, the company earned $0.30 earnings per share. The company’s quarterly revenue was up .3% on a year-over-year basis. American Airlines Group has set its Q4 2025 guidance at 0.450-0.750 EPS and its FY 2025 guidance at 0.650-0.950 EPS. On average, analysts expect that American Airlines Group Inc. will post 2.42 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AAL. Citigroup began coverage on American Airlines Group in a research report on Thursday, December 4th. They issued a “buy” rating and a $19.00 price target for the company. Evercore ISI raised their price objective on American Airlines Group from $13.00 to $14.00 and gave the company an “in-line” rating in a research report on Monday, September 29th. Raymond James Financial set a $14.00 target price on shares of American Airlines Group in a report on Monday, August 25th. UBS Group increased their price target on shares of American Airlines Group from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of American Airlines Group in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, American Airlines Group presently has an average rating of “Hold” and a consensus target price of $16.05.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.