Engineers Gate Manager LP Purchases 227,720 Shares of American Airlines Group Inc. $AAL

Engineers Gate Manager LP grew its position in American Airlines Group Inc. (NASDAQ:AAL) by 168.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 362,718 shares of the airline’s stock after buying an additional 227,720 shares during the period. Engineers Gate Manager LP’s holdings in American Airlines Group were worth $6,554,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AAL. EverSource Wealth Advisors LLC increased its position in shares of American Airlines Group by 21.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 4,276 shares of the airline’s stock valued at $66,000 after acquiring an additional 766 shares in the last quarter. NewEdge Advisors LLC boosted its stake in American Airlines Group by 6.6% during the 2nd quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock valued at $149,000 after purchasing an additional 823 shares during the last quarter. HB Wealth Management LLC increased its holdings in shares of American Airlines Group by 4.5% in the 1st quarter. HB Wealth Management LLC now owns 20,205 shares of the airline’s stock worth $217,000 after purchasing an additional 871 shares in the last quarter. Root Financial Partners LLC increased its holdings in shares of American Airlines Group by 33.1% in the 1st quarter. Root Financial Partners LLC now owns 3,816 shares of the airline’s stock worth $41,000 after purchasing an additional 949 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its stake in shares of American Airlines Group by 4.9% in the first quarter. Fifth Third Wealth Advisors LLC now owns 20,631 shares of the airline’s stock worth $222,000 after purchasing an additional 966 shares during the last quarter. Institutional investors own 52.44% of the company’s stock.

Insider Buying and Selling

In other American Airlines Group news, SVP Angela Owens sold 40,077 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $15.26, for a total value of $611,575.02. Following the transaction, the senior vice president directly owned 178,799 shares in the company, valued at approximately $2,728,472.74. This trade represents a 18.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO David Seymour sold 56,456 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $18.00, for a total value of $1,016,208.00. Following the completion of the transaction, the chief operating officer directly owned 969,033 shares in the company, valued at approximately $17,442,594. This represents a 5.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 205,044 shares of company stock valued at $3,407,451. 0.70% of the stock is owned by corporate insiders.

American Airlines Group Stock Performance

AAL stock opened at $13.01 on Friday. The company has a market cap of $8.61 billion, a price-to-earnings ratio of -26.55 and a beta of 1.33. The business’s 50-day moving average is $14.76 and its two-hundred day moving average is $13.62. American Airlines Group Inc. has a fifty-two week low of $10.09 and a fifty-two week high of $18.79.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business 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 company posted $0.95 EPS. The business’s quarterly 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 analysts predict that American Airlines Group Inc. will post -0.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on AAL shares. Wells Fargo & Company reaffirmed a “market perform” rating on shares of American Airlines Group in a report on Tuesday, June 30th. Jefferies Financial Group lifted their price objective on American Airlines Group from $15.00 to $16.00 and gave the stock a “hold” rating in a report on Wednesday, June 24th. Wall Street Zen lowered American Airlines Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Morgan Stanley upped their target price 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. Finally, Weiss Ratings downgraded shares of American Airlines Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, August 26th. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, American Airlines Group presently has a consensus rating of “Hold” and a consensus target price of $18.53.

About American Airlines Group

American Airlines Group Inc is a holding company whose principal subsidiary, American Airlines, provides scheduled passenger air transportation and cargo services. The airline serves destinations throughout the United States and connects customers to international markets across the Americas, Europe, Asia and other regions through its own network and partnerships.

American Airlines offers multiple travel classes and related services, including reservations, onboard products, travel rewards through the AAdvantage loyalty program, and freight transportation.