VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 207,400 American Airlines Group Inc. $AAL

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in American Airlines Group Inc. (NASDAQ:AALFree Report) during the second quarter, Holdings Channel.com reports. The firm acquired 207,400 shares of the airline’s stock, valued at approximately $2,327,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Public Employees Retirement System of Ohio grew its stake in shares of American Airlines Group by 0.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 204,485 shares of the airline’s stock worth $2,294,000 after acquiring an additional 848 shares during the period. Geneos Wealth Management Inc. increased its holdings in shares of American Airlines Group by 11.3% in the first quarter. Geneos Wealth Management Inc. now owns 9,558 shares of the airline’s stock worth $101,000 after buying an additional 969 shares during the period. Vident Advisory LLC increased its holdings in shares of American Airlines Group by 3.2% in the first quarter. Vident Advisory LLC now owns 32,418 shares of the airline’s stock worth $342,000 after buying an additional 1,007 shares during the period. Signaturefd LLC grew its stake in shares of American Airlines Group by 10.0% in the first quarter. Signaturefd LLC now owns 11,289 shares of the airline’s stock worth $119,000 after purchasing an additional 1,030 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC boosted its position in American Airlines Group by 58.0% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 2,839 shares of the airline’s stock valued at $30,000 after acquiring an additional 1,042 shares in the last quarter. 52.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AAL. Raymond James Financial set a $14.00 price objective on shares of American Airlines Group in a report on Monday, August 25th. Weiss Ratings restated a “hold (c-)” rating on shares of American Airlines Group in a research report on Wednesday, October 8th. Barclays increased their price objective on shares of American Airlines Group from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 10th. Bank of America increased their price objective on shares of American Airlines Group from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, August 18th. Finally, JPMorgan Chase & Co. raised their target price on shares of American Airlines Group from $17.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, American Airlines Group has a consensus rating of “Moderate Buy” and an average price target of $16.59.

Get Our Latest Report on American Airlines Group

American Airlines Group Stock Performance

AAL opened at $12.35 on Wednesday. American Airlines Group Inc. has a fifty-two week low of $8.50 and a fifty-two week high of $19.10. The company has a fifty day moving average of $12.45 and a two-hundred day moving average of $11.57. The stock has a market capitalization of $8.15 billion, a price-to-earnings ratio of 15.44, a PEG ratio of 3.93 and a beta of 1.36.

American Airlines Group (NASDAQ:AALGet Free Report) last posted its quarterly earnings results on Thursday, July 24th. The airline reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.16. The firm had revenue of $14.39 billion for the quarter, compared to analyst estimates of $14.27 billion. American Airlines Group had a net margin of 1.05% and a negative return on equity of 24.55%. American Airlines Group’s quarterly revenue was up .4% on a year-over-year basis. During the same period in the previous year, the business posted $1.09 earnings per share. American Airlines Group has set its Q3 2025 guidance at -0.600–0.100 EPS. On average, equities research analysts forecast that American Airlines Group Inc. will post 2.42 earnings per share for the current year.

About American Airlines Group

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

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