Louisiana State Employees Retirement System Acquires Shares of 191,500 American Airlines Group Inc. $AAL

Louisiana State Employees Retirement System bought a new stake in shares of American Airlines Group Inc. (NASDAQ:AAL) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 191,500 shares of the airline’s stock, valued at approximately $2,057,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Two Sigma Investments LP lifted its stake in shares of American Airlines Group by 49.1% in the third quarter. Two Sigma Investments LP now owns 13,670,800 shares of the airline’s stock worth $153,660,000 after acquiring an additional 4,500,897 shares in the last quarter. Norges Bank acquired a new stake in American Airlines Group during the 4th quarter valued at approximately $33,198,000. AQR Capital Management LLC increased its holdings in American Airlines Group by 1,711.5% during the 4th quarter. AQR Capital Management LLC now owns 1,984,457 shares of the airline’s stock worth $30,422,000 after purchasing an additional 1,874,909 shares during the last quarter. First Trust Advisors LP increased its holdings in American Airlines Group by 572.8% during the 4th quarter. First Trust Advisors LP now owns 2,152,577 shares of the airline’s stock worth $32,999,000 after purchasing an additional 1,832,613 shares during the last quarter. Finally, LSV Asset Management raised its position in shares of American Airlines Group by 102.5% in the 4th quarter. LSV Asset Management now owns 2,840,186 shares of the airline’s stock valued at $43,540,000 after purchasing an additional 1,437,376 shares in the last quarter. 52.44% of the stock is owned by hedge funds and other institutional investors.

American Airlines Group Trading Up 0.8%

AAL stock opened at $18.07 on Wednesday. The firm has a market cap of $11.95 billion, a P/E ratio of 58.29 and a beta of 1.35. American Airlines Group Inc. has a 12-month low of $10.09 and a 12-month high of $18.36. The stock’s 50 day simple moving average is $13.95 and its 200 day simple moving average is $13.61.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings data on Thursday, April 23rd. The airline reported ($0.40) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.45) by $0.05. The firm had revenue of $13.91 billion for the quarter, compared to analysts’ expectations of $16.13 billion. American Airlines Group had a negative return on equity of 9.11% and a net margin of 0.36%.The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period last year, the business posted ($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, research analysts forecast that American Airlines Group Inc. will post 0.13 EPS for the current fiscal year.

Insider Activity at American Airlines Group

In other news, COO David Seymour sold 69,343 shares of American Airlines Group stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $17.00, for a total value of $1,178,831.00. Following the completion of the transaction, the chief operating officer directly owned 1,025,489 shares of the company’s stock, valued at approximately $17,433,313. The trade was a 6.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

AAL has been the subject of a number of recent analyst reports. Susquehanna decreased their price target on shares of American Airlines Group from $17.00 to $16.00 and set a “positive” rating for the company in a research report on Friday, April 24th. Barclays upped their price target on shares of American Airlines Group from $16.00 to $19.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. TD Cowen reduced their price objective on shares of American Airlines Group from $17.00 to $13.00 and set a “buy” rating on the stock in a research note on Monday, March 9th. Morgan Stanley raised their price objective on shares of American Airlines Group from $20.00 to $24.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Finally, Citigroup upped their target price on shares of American Airlines Group from $14.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Eight research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $16.76.

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.