2,165,580 Shares in American Airlines Group Inc. $AAL Acquired by Norges Bank

Norges Bank acquired a new stake in shares of American Airlines Group Inc. (NASDAQ:AAL) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,165,580 shares of the airline’s stock, valued at approximately $33,198,000. Norges Bank owned 0.33% of American Airlines Group at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Eurizon Capital SGR S.p.A. acquired a new stake in American Airlines Group during the 4th quarter valued at approximately $142,000. IFG Advisory LLC acquired a new stake in American Airlines Group during the 4th quarter valued at approximately $216,000. Geode Capital Management LLC lifted its stake in American Airlines Group by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 12,803,168 shares of the airline’s stock valued at $196,323,000 after acquiring an additional 159,844 shares during the period. Harbour Investments Inc. lifted its stake in American Airlines Group by 75.4% during the 4th quarter. Harbour Investments Inc. now owns 4,391 shares of the airline’s stock valued at $67,000 after acquiring an additional 1,888 shares during the period. Finally, Clearstead Advisors LLC lifted its stake in American Airlines Group by 140.3% during the 4th quarter. Clearstead Advisors LLC now owns 2,968 shares of the airline’s stock valued at $45,000 after acquiring an additional 1,733 shares during the period. 52.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on the stock. Susquehanna decreased their price objective on shares of American Airlines Group from $17.00 to $16.00 and set a “positive” rating for the company in a research note on Friday, April 24th. Morgan Stanley lifted their price objective on shares of American Airlines Group from $20.00 to $24.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Weiss Ratings cut shares of American Airlines Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, June 1st. Rothschild & Co Redburn restated a “neutral” rating and set a $12.50 price objective (down from $17.00) on shares of American Airlines Group in a research note on Thursday, March 5th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective 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. Eight equities 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. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $15.53.

American Airlines Group Price Performance

AAL opened at $13.60 on Tuesday. The firm has a fifty day moving average price of $12.42 and a 200 day moving average price of $13.37. American Airlines Group Inc. has a 1 year low of $10.09 and a 1 year high of $16.50. The stock has a market cap of $8.99 billion, a P/E ratio of 43.87 and a beta of 1.35.

American Airlines Group (NASDAQ:AAL) last posted its earnings results on Thursday, April 23rd. The airline reported ($0.40) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.45) by $0.05. American Airlines Group had a net margin of 0.36% and a negative return on equity of 9.11%. The firm had revenue of $13.91 billion during the quarter, compared to analysts’ expectations of $16.13 billion. During the same period in the previous year, the business posted ($0.59) EPS. The business’s revenue was up 10.8% compared to the same quarter last year. 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. Equities analysts expect that American Airlines Group Inc. will post -0.07 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.