Principal Financial Group Inc. Grows Stock Position in American Airlines Group Inc. $AAL

Principal Financial Group Inc. boosted its holdings in American Airlines Group Inc. (NASDAQ:AALFree Report) by 3.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,473,358 shares of the airline’s stock after acquiring an additional 54,182 shares during the period. Principal Financial Group Inc. owned 0.22% of American Airlines Group worth $15,824,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. M&T Bank Corp lifted its stake in American Airlines Group by 818.7% in the 4th quarter. M&T Bank Corp now owns 212,892 shares of the airline’s stock valued at $3,264,000 after acquiring an additional 189,720 shares in the last quarter. Assenagon Asset Management S.A. bought a new position in shares of American Airlines Group during the 4th quarter worth approximately $9,663,000. Convergence Investment Partners LLC bought a new position in shares of American Airlines Group during the 4th quarter worth approximately $804,000. Fifth Third Bancorp raised its holdings in shares of American Airlines Group by 2,448.0% in the first quarter. Fifth Third Bancorp now owns 159,634 shares of the airline’s stock valued at $1,714,000 after purchasing an additional 153,369 shares during the last quarter. Finally, Hodges Capital Management Inc. acquired a new stake in shares of American Airlines Group in the first quarter valued at approximately $3,034,000. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

American Airlines Group Trading Down 8.3%

NASDAQ:AAL opened at $13.56 on Friday. The stock has a market capitalization of $8.97 billion, a PE ratio of 43.74 and a beta of 1.32. American Airlines Group Inc. has a 1-year low of $10.09 and a 1-year high of $18.79. The firm has a fifty day simple moving average of $15.31 and a 200 day simple moving average of $13.70.

American Airlines Group (NASDAQ:AALGet Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 0.36% and a negative return on equity of 9.11%. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.95 earnings per share. 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. On average, equities analysts predict that American Airlines Group Inc. will post 0.57 earnings per share for the current fiscal year.

American Airlines Group News Summary

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

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Weiss Ratings raised shares of American Airlines Group from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. Cantor Fitzgerald set a $24.00 target price on shares of American Airlines Group in a research report on Thursday, July 2nd. Jefferies Financial Group lifted their price target on shares of American Airlines Group from $15.00 to $16.00 and gave the company a “hold” rating in a research note on Wednesday, June 24th. Melius Research cut shares of American Airlines Group from a “buy” rating to a “hold” rating and boosted their price target for the stock from $15.00 to $19.00 in a research report on Tuesday, July 7th. Finally, Citigroup increased their price objective on shares of American Airlines Group from $14.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $19.37.

Check Out Our Latest Research Report on AAL

Insider Activity

In other news, COO David Seymour sold 56,456 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $1,016,208.00. Following the sale, the chief operating officer directly owned 969,033 shares of the company’s stock, valued at approximately $17,442,594. This represents a 5.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.70% of the company’s stock.

American Airlines Group 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.

Read More

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

Receive News & Ratings for American Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group and related companies with MarketBeat.com's FREE daily email newsletter.