Gradient Investments LLC Buys New Position in American Airlines Group Inc. $AAL

Gradient Investments LLC acquired a new stake in American Airlines Group Inc. (NASDAQ:AALFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 157,411 shares of the airline’s stock, valued at approximately $2,844,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Center for Financial Planning Inc. raised its position in shares of American Airlines Group by 377.4% during the fourth quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline’s stock valued at $39,000 after buying an additional 2,000 shares during the last quarter. Clearstead Advisors LLC grew its position in American Airlines Group by 140.3% during the fourth quarter. Clearstead Advisors LLC now owns 2,968 shares of the airline’s stock worth $45,000 after buying an additional 1,733 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its position in American Airlines Group by 208.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,282 shares of the airline’s stock worth $50,000 after buying an additional 2,217 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in American Airlines Group by 74.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 3,500 shares of the airline’s stock valued at $54,000 after acquiring an additional 1,498 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new position in American Airlines Group in the 4th quarter valued at approximately $57,000. Institutional investors and hedge funds own 52.44% of the company’s stock.

Analyst Ratings Changes

AAL has been the subject of a number of research reports. Morgan Stanley raised their price objective on American Airlines Group from $20.00 to $24.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. UBS Group lowered their price objective on American Airlines Group from $21.00 to $18.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Weiss Ratings lowered American Airlines Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft raised their target price on American Airlines Group from $13.00 to $18.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, Cantor Fitzgerald set a $24.00 price target on shares of American Airlines Group in a research note on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $19.03.

Get Our Latest Research Report on American Airlines Group

American Airlines Group Price Performance

Shares of AAL opened at $15.94 on Monday. The company has a 50-day moving average price of $15.74 and a two-hundred day moving average price of $13.69. The stock has a market cap of $10.55 billion, a price-to-earnings ratio of -32.53 and a beta of 1.34. American Airlines Group Inc. has a 12 month low of $10.09 and a 12 month high of $18.79.

American Airlines Group (NASDAQ:AALGet Free Report) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $16.70 billion. During the same period in the prior year, the company posted $0.95 EPS. The company’s 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. Equities research analysts expect that American Airlines Group Inc. will post 0.02 EPS for the current fiscal year.

Insider Activity at American Airlines Group

In related news, COO David Seymour sold 69,343 shares of the stock in a transaction that occurred on 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 transaction, the chief operating officer directly owned 1,025,489 shares in the company, valued at $17,433,313. This represents a 6.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Angela Owens sold 40,077 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the senior vice president directly owned 178,799 shares in the company, valued at approximately $2,728,472.74. The trade was a 18.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 205,044 shares of company stock worth $3,407,451 over the last 90 days. 0.70% of the stock is currently owned by company insiders.

American Airlines Group Company Profile

(Free Report)

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.

See Also

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

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