New York State Teachers Retirement System decreased its holdings in American Airlines Group Inc. (NASDAQ:AAL – Free Report) by 12.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 587,025 shares of the airline’s stock after selling 84,555 shares during the quarter. New York State Teachers Retirement System’s holdings in American Airlines Group were worth $6,305,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of AAL. Root Financial Partners LLC lifted its position in shares of American Airlines Group by 33.1% during the 1st quarter. Root Financial Partners LLC now owns 3,816 shares of the airline’s stock valued at $41,000 after acquiring an additional 949 shares during the last quarter. MQS Management LLC acquired a new stake in shares of American Airlines Group during the first quarter worth $271,000. Janney Montgomery Scott LLC raised its position in shares of American Airlines Group by 23.4% during the first quarter. Janney Montgomery Scott LLC now owns 29,995 shares of the airline’s stock worth $322,000 after purchasing an additional 5,687 shares during the period. Pictet Asset Management Holding SA lifted its holdings in shares of American Airlines Group by 12.8% during the first quarter. Pictet Asset Management Holding SA now owns 29,099 shares of the airline’s stock valued at $313,000 after purchasing an additional 3,312 shares during the last quarter. Finally, Louisiana State Employees Retirement System purchased a new position in American Airlines Group in the 1st quarter worth about $2,057,000. Institutional investors own 52.44% of the company’s stock.
Insiders Place Their Bets
In other American Airlines Group news, COO David Seymour sold 56,456 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $1,016,208.00. Following the sale, the chief operating officer directly owned 969,033 shares in the company, valued at $17,442,594. This trade represents a 5.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.70% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on AAL
Key Stories Impacting American Airlines Group
Here are the key news stories impacting American Airlines Group this week:
- Positive Sentiment: Susquehanna raised its price target on American Airlines Group (AAL) from $16 to $25 and maintained a positive stance, implying meaningful upside and signaling confidence in the airline’s outlook. Susquehanna Boosts American Airlines Group (NASDAQ:AAL) Price Target to $25.00
- Neutral Sentiment: American Airlines was included in a broader “best quality stocks”/transportation-stock roundup, which may have offered some positive attention but did not include a new company-specific catalyst. Here is why American Airlines Group Inc. (AAL) is among the Best Quality Stocks to Buy and Hold for the Next Decade
- Neutral Sentiment: Another article highlighted American Airlines as a promising transportation stock to watch, but it appears more like watchlist coverage than a material fundamental update. Promising Transportation Stocks To Watch Now – July 5th
- Negative Sentiment: Melius Research downgraded American Airlines Group (AAL) from buy to hold, which can weigh on sentiment even though the firm lifted its target to $19. Melius Research Downgrades American Airlines Group (NASDAQ:AAL) to Hold
- Negative Sentiment: Airline stocks were hurt by rising crude prices after attacks in the Strait of Hormuz pushed Brent and WTI higher, increasing expected fuel costs for carriers like American Airlines. JetBlue Takes Biggest Hit Among Airline Stocks as Oil Prices Rise
American Airlines Group Stock Performance
NASDAQ AAL opened at $17.20 on Wednesday. The stock has a 50-day simple moving average of $14.54 and a 200 day simple moving average of $13.69. American Airlines Group Inc. has a twelve month low of $10.09 and a twelve month high of $18.79. The stock has a market capitalization of $11.38 billion, a PE ratio of 55.48 and a beta of 1.32.
American Airlines Group (NASDAQ:AAL – Get Free Report) last released its earnings results on Thursday, April 23rd. The airline reported ($0.40) earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $16.13 billion. During the same quarter last year, the firm posted ($0.59) EPS. The company’s revenue was up 10.8% on a year-over-year basis. 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, equities research analysts forecast that American Airlines Group Inc. will post 0.25 EPS for the current fiscal year.
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.
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