American Airlines Group (NASDAQ:AAL) Cut to “Hold” at Wall Street Zen

Wall Street Zen lowered shares of American Airlines Group (NASDAQ:AAL) from a buy rating to a hold rating in a report published on Saturday morning.

A number of other analysts have also issued reports on AAL. Jefferies Financial Group raised their target price on shares of American Airlines Group from $15.00 to $16.00 and gave the stock a “hold” rating in a research report on Wednesday, June 24th. UBS Group increased their price target on American Airlines Group from $18.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Wells Fargo & Company reaffirmed a “market perform” rating on shares of American Airlines Group in a research report on Tuesday, June 30th. TD Cowen increased their target price on American Airlines Group from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Finally, Sanford C. Bernstein raised their price target on American Airlines Group from $20.00 to $23.00 and gave the stock a “market outperform” rating in a research note on Wednesday, July 1st. Eight investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $19.37.

American Airlines Group Trading Up 1.1%

Shares of AAL opened at $15.14 on Friday. The stock’s 50 day moving average is $15.20 and its two-hundred day moving average is $13.72. American Airlines Group has a twelve month low of $10.09 and a twelve month high of $18.79. The firm has a market capitalization of $10.01 billion, a PE ratio of 48.84 and a beta of 1.32.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, April 23rd. The airline reported ($0.40) EPS for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.05. The company had revenue of $13.91 billion during the quarter, compared to the consensus estimate of $16.13 billion. American Airlines Group had a negative return on equity of 9.11% and a net margin of 0.36%.American Airlines Group’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the company earned ($0.59) earnings per share. 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. On average, sell-side analysts predict that American Airlines Group will post 0.57 EPS for the current year.

Insider Transactions at American Airlines Group

In other American Airlines Group news, COO David Seymour sold 56,456 shares of the business’s stock in a transaction that occurred on 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 directly owned 969,033 shares in the company, valued at $17,442,594. The trade was a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

Institutional Trading of American Airlines Group

Institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC raised its position in shares of American Airlines Group by 569.4% in the 1st quarter. Renaissance Technologies LLC now owns 9,687,232 shares of the airline’s stock valued at $104,041,000 after purchasing an additional 8,240,100 shares in the last quarter. Two Sigma Investments LP grew its position in shares of American Airlines Group by 49.1% during the third quarter. Two Sigma Investments LP now owns 13,670,800 shares of the airline’s stock worth $153,660,000 after buying an additional 4,500,897 shares in the last quarter. Norges Bank bought a new stake in shares of American Airlines Group in the fourth quarter worth $33,198,000. AQR Capital Management LLC increased its stake in shares of American Airlines Group by 1,711.5% in the fourth quarter. AQR Capital Management LLC now owns 1,984,457 shares of the airline’s stock worth $30,422,000 after buying an additional 1,874,909 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in American Airlines Group by 572.8% in the fourth quarter. First Trust Advisors LP now owns 2,152,577 shares of the airline’s stock valued at $32,999,000 after acquiring an additional 1,832,613 shares in the last quarter. 52.44% of the stock is owned by hedge funds and other institutional investors.

About American Airlines Group

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.