Legal & General Group Plc Acquires Shares of 526,645 American Airlines Group Inc. $AAL

Legal & General Group Plc bought a new position in shares of American Airlines Group Inc. (NASDAQ:AAL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 526,645 shares of the airline’s stock, valued at approximately $9,516,000.

Several other hedge funds and other institutional investors have also modified their holdings of AAL. Invesco Ltd. grew its stake in American Airlines Group by 1.3% in the 2nd quarter. Invesco Ltd. now owns 2,978,006 shares of the airline’s stock valued at $33,413,000 after buying an additional 36,877 shares during the last quarter. Brown Advisory Inc. boosted its stake in American Airlines Group by 42.6% in the 2nd quarter. Brown Advisory Inc. now owns 45,358 shares of the airline’s stock valued at $509,000 after purchasing an additional 13,539 shares during the period. California Public Employees Retirement System grew its holdings in American Airlines Group by 5.0% in the 2nd quarter. California Public Employees Retirement System now owns 1,164,443 shares of the airline’s stock valued at $13,065,000 after buying an additional 55,059 shares in the last quarter. NewEdge Advisors LLC increased its position in American Airlines Group by 6.6% during the 2nd quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock worth $149,000 after buying an additional 823 shares during the period. Finally, Sei Investments Co. increased its position in American Airlines Group by 34.4% during the 2nd quarter. Sei Investments Co. now owns 1,315,532 shares of the airline’s stock worth $14,760,000 after buying an additional 336,993 shares during the period. Institutional investors own 52.44% of the company’s stock.

Insider Buying and Selling

In other American Airlines Group news, COO David Seymour sold 69,343 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $17.00, for a total transaction of $1,178,831.00. Following the completion of the transaction, the chief operating officer owned 1,025,489 shares in the company, valued at approximately $17,433,313. This trade represents a 6.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Angela Owens sold 40,077 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $15.26, for a total transaction of $611,575.02. Following the transaction, the senior vice president owned 178,799 shares of the company’s stock, valued at approximately $2,728,472.74. The trade was a 18.31% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 205,044 shares of company stock worth $3,407,451. 0.70% of the stock is owned by insiders.

Key Stories Impacting American Airlines Group

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

• Positive Sentiment: American Airlines introduced a new employee benefit offering a $1,000 match for each eligible child’s Trump Account, along with a pretax savings option. The benefit could support employee recruitment and retention, though its direct effect on earnings is likely limited. American Airlines adds $1,000 Trump Account match for workers’ children
• Neutral Sentiment: Brokerages maintain an average “Hold” recommendation on AAL, indicating analysts see a balance between the airline’s recovery potential and ongoing execution and profitability risks. American Airlines Group Given Average Recommendation of Hold
• Neutral Sentiment: A Seeking Alpha analysis also rates American Airlines a “Hold.” It acknowledges potential for recovery but suggests investors may prefer clearer evidence of improving margins and operating performance before turning more bullish. American Airlines Remains A Hold Despite Recovery Potential
• Negative Sentiment: Rising oil prices are increasing concern about jet-fuel expenses, while capacity-related challenges and merger uncertainty are adding to the pressure on the airline’s outlook. These factors likely contributed to recent weakness in AAL shares. Why Is American Airlines Stock Falling on Monday?
• Negative Sentiment: American Airlines underperformed the broader market in the latest session, reflecting continued investor sensitivity to fuel costs, capacity management, and the company’s uncertain earnings trajectory. American Airlines Registers a Bigger Fall Than the Market

Analysts Set New Price Targets

AAL has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft boosted 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 report on Friday, May 29th. Wall Street Zen cut shares of American Airlines Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Cantor Fitzgerald set a $24.00 price objective on shares of American Airlines Group in a report on Thursday, July 2nd. TD Cowen decreased their target price on shares of American Airlines Group from $24.00 to $16.00 and set a “buy” rating on the stock in a research report on Monday, August 24th. Finally, Wells Fargo & Company reaffirmed a “market perform” rating on shares of American Airlines Group in a report on Tuesday, June 30th. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $18.86.

American Airlines Group Stock Down 3.6%

Shares of NASDAQ:AAL opened at $12.95 on Wednesday. The firm has a market cap of $8.57 billion, a P/E ratio of -26.43 and a beta of 1.33. American Airlines Group Inc. has a 12-month low of $10.09 and a 12-month high of $18.79. The business has a fifty day simple moving average of $15.54 and a 200 day simple moving average of $13.67.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.12. The firm had revenue of $16.73 billion for the quarter, compared to analyst estimates of $16.70 billion. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The business’s revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.95 EPS. 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 research analysts expect that American Airlines Group Inc. will post -0.16 EPS for the current 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.