Geode Capital Management LLC Reduces Stake in American Airlines Group Inc. $AAL

Geode Capital Management LLC lessened its stake in shares of American Airlines Group Inc. (NASDAQ:AAL) by 0.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,395,481 shares of the airline’s stock after selling 20,243 shares during the quarter. Geode Capital Management LLC owned about 1.88% of American Airlines Group worth $139,107,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Assetmark Inc. bought a new position in shares of American Airlines Group in the first quarter valued at approximately $30,000. Vermillion & White Wealth Management Group LLC lifted its stake in American Airlines Group by 58.0% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 2,839 shares of the airline’s stock worth $30,000 after purchasing an additional 1,042 shares in the last quarter. Nvwm LLC boosted its holdings in American Airlines Group by 30,000.0% in the 1st quarter. Nvwm LLC now owns 4,515 shares of the airline’s stock valued at $48,000 after purchasing an additional 4,500 shares during the period. Ameritas Advisory Services LLC purchased a new position in American Airlines Group in the second quarter worth $65,000. Finally, Geneos Wealth Management Inc. increased its stake in American Airlines Group by 11.3% in the first 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 during the last quarter. 52.44% of the stock is currently owned by institutional investors.

American Airlines Group Stock Performance

Shares of AAL stock opened at $12.36 on Wednesday. The company has a market capitalization of $8.16 billion, a P/E ratio of 14.37, a PEG ratio of 1.73 and a beta of 1.36. American Airlines Group Inc. has a fifty-two week low of $8.50 and a fifty-two week high of $19.10. The stock has a 50 day moving average price of $12.41 and a two-hundred day moving average price of $12.06.

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

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AAL. Weiss Ratings cut American Airlines Group from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, November 7th. UBS Group upped their target price on American Airlines Group from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Bank of America increased their price target on shares of American Airlines Group from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, August 18th. The Goldman Sachs Group boosted their price objective on shares of American Airlines Group from $8.00 to $10.00 and gave the stock a “sell” rating in a report on Wednesday, August 27th. Finally, Susquehanna increased their target price on shares of American Airlines Group from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Friday, October 3rd. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.65.

About American Airlines Group

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.