VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in American Airlines Group Inc. $AAL

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of American Airlines Group Inc. (NASDAQ:AAL) in the second quarter, Holdings Channel.com reports. The fund acquired 148,000 shares of the airline’s stock, valued at approximately $2,674,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Keating Financial Advisory Services Inc. purchased a new stake in American Airlines Group during the second quarter valued at about $29,000. Fiduciary Financial Advisors purchased a new position in shares of American Airlines Group in the 2nd quarter worth about $29,000. Pinnacle Holdings LLC bought a new position in shares of American Airlines Group during the 2nd quarter valued at about $30,000. Center for Financial Planning Inc. increased its position in shares of American Airlines Group by 377.4% during the 4th quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline’s stock valued at $39,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Root Financial Partners LLC raised its holdings 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 buying an additional 949 shares in the last quarter. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, COO David Seymour sold 56,456 shares of American Airlines Group 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 transaction, the chief operating officer directly owned 969,033 shares of the company’s stock, valued at $17,442,594. The trade was a 5.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Angela Owens sold 40,077 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $15.26, for a total transaction of $611,575.02. Following the sale, the senior vice president owned 178,799 shares of the company’s stock, valued at $2,728,472.74. This represents a 18.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 205,044 shares of company stock valued at $3,407,451. Insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on AAL shares. Zacks Research downgraded American Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 21st. TD Cowen reduced their price target on shares of American Airlines Group from $24.00 to $16.00 and set a “buy” rating on the stock in a research report on Monday, August 24th. Jefferies Financial Group lifted their price target on shares of American Airlines Group from $15.00 to $16.00 and gave the stock a “hold” rating in a research note on Wednesday, June 24th. Susquehanna boosted their price objective on shares of American Airlines Group from $16.00 to $25.00 and gave the stock a “positive” rating in a report on Tuesday, July 7th. Finally, BMO Capital Markets cut their price objective on shares of American Airlines Group from $19.50 to $19.00 and set a “market perform” rating for the company in a research note on Friday, July 24th. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $18.81.

American Airlines Group Trading Down 0.7%

NASDAQ AAL opened at $12.85 on Friday. American Airlines Group Inc. has a 1-year low of $10.09 and a 1-year high of $18.79. The stock has a 50-day moving average of $14.86 and a 200-day moving average of $13.62. The firm has a market cap of $8.51 billion, a PE ratio of -26.22 and a beta of 1.33.

American Airlines Group (NASDAQ:AAL) last issued its earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $16.73 billion during the quarter, compared to analysts’ expectations of $16.70 billion. During the same period in the prior year, the business 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. As a group, equities research analysts forecast that American Airlines Group Inc. will post -0.16 earnings per share for the current fiscal year.

About American Airlines Group

American Airlines Group Inc is a holding company whose principal subsidiary, American Airlines, provides scheduled passenger air transportation and cargo services. The airline serves destinations throughout the United States and connects customers to international markets across the Americas, Europe, Asia and other regions through its own network and partnerships.

American Airlines offers multiple travel classes and related services, including reservations, onboard products, travel rewards through the AAdvantage loyalty program, and freight transportation.