Entropy Technologies LP Acquires Shares of 598,031 American Airlines Group Inc. $AAL

Entropy Technologies LP acquired a new stake in American Airlines Group Inc. (NASDAQ:AAL) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 598,031 shares of the airline’s stock, valued at approximately $6,423,000. Entropy Technologies LP owned 0.09% of American Airlines Group at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in American Airlines Group in the first quarter valued at $8,678,000. Renaissance Technologies LLC lifted its holdings in shares of American Airlines Group by 569.4% during the first quarter. Renaissance Technologies LLC now owns 9,687,232 shares of the airline’s stock valued at $104,041,000 after acquiring an additional 8,240,100 shares during the period. Bank of Nova Scotia lifted its holdings in shares of American Airlines Group by 73.7% during the first quarter. Bank of Nova Scotia now owns 34,590 shares of the airline’s stock valued at $370,000 after acquiring an additional 14,680 shares during the period. Cetera Investment Advisers boosted its stake in shares of American Airlines Group by 15.7% in the 1st quarter. Cetera Investment Advisers now owns 153,390 shares of the airline’s stock valued at $1,647,000 after purchasing an additional 20,772 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of American Airlines Group by 58.9% in the 1st quarter. First Trust Advisors LP now owns 3,419,706 shares of the airline’s stock valued at $36,728,000 after purchasing an additional 1,267,129 shares in the last quarter. 52.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

AAL has been the subject of a number of recent analyst reports. Citigroup dropped their target price on shares of American Airlines Group from $22.00 to $19.00 and set a “buy” rating for the company in a research report on Friday. Weiss Ratings raised shares of American Airlines Group from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, June 23rd. UBS Group raised their price objective on shares of American Airlines Group from $18.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of American Airlines Group from $13.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Finally, The Goldman Sachs Group reduced their target price on American Airlines Group from $15.00 to $13.00 and set a “sell” rating on the stock in a report on Friday. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $19.18.

Insider Buying and Selling at American Airlines Group

In other news, COO David Seymour sold 56,456 shares of the business’s stock in a transaction on Thursday, June 25th. The stock was 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 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 legal filing with the SEC, which is available through this link. 0.70% of the stock is currently owned by insiders.

American Airlines Group News Roundup

Here are the key news stories impacting American Airlines Group this week:

• Positive Sentiment: JPMorgan raised its price target on AAL to $24 from $22 and kept an overweight rating, signaling greater confidence in the stock’s upside after the post-earnings pullback. Benzinga
• Positive Sentiment: Zacks added American Airlines to its Rank #1 (Strong Buy) list, while other commentary said the stock looks technically oversold and could be due for a turnaround. Zacks
• Positive Sentiment: Analysts and market commentary pointed to improving sentiment around revenue strategy, premium demand, loyalty growth, and network gains, which supports the case for a recovery after the stock’s recent drop. Yahoo Finance
• Neutral Sentiment: American Airlines reported record quarterly revenue of $16.74 billion and beat EPS expectations, but investors are balancing that strength against a sharp profit decline year over year and a weaker full-year outlook. GlobeNewswire
• Negative Sentiment: The main pressure point remains surging jet fuel costs, which led American Airlines to cut its earnings guidance and cloud the profit outlook despite strong demand trends. CNBC

American Airlines Group Stock Up 6.8%

Shares of NASDAQ:AAL opened at $14.48 on Friday. American Airlines Group Inc. has a 12 month low of $10.09 and a 12 month high of $18.79. The company’s 50-day moving average price is $15.35 and its two-hundred day moving average price is $13.71. The firm has a market cap of $9.58 billion, a P/E ratio of -29.55 and a beta of 1.32.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.12. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The company had revenue of $16.73 billion during the quarter, compared to the consensus estimate of $16.70 billion. During the same period in the previous year, the firm posted $0.95 earnings per share. The company’s revenue was up 16.3% on a year-over-year basis. 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 analysts predict that American Airlines Group Inc. will post 0.2 earnings per share for the current fiscal year.

American Airlines Group Company 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.