464,458 Shares in American Airlines Group Inc. $AAL Purchased by The Manufacturers Life Insurance Company

by · The Markets Daily

The Manufacturers Life Insurance Company bought a new position in American Airlines Group Inc. (NASDAQ:AAL – Free Report) during the second quarter, Holdings Channel reports. The institutional investor bought 464,458 shares of the airline’s stock, valued at approximately $8,393,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AAL. Fiduciary Financial Advisors bought a new stake in shares of American Airlines Group in the 2nd quarter worth approximately $29,000. Keating Financial Advisory Services Inc. acquired a new stake in American Airlines Group in the second quarter worth $29,000. Pinnacle Holdings LLC acquired a new stake in American Airlines Group in the second quarter worth $30,000. Center for Financial Planning Inc. lifted its stake in American Airlines Group by 377.4% in 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. Finally, Clearstead Advisors LLC boosted its holdings in shares of American Airlines Group by 140.3% during the fourth 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.

Insider Buying and Selling

In other 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 completion of the transaction, the senior vice president directly owned 178,799 shares in the company, valued at $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 SEC, which is accessible through this link. Also, COO David Seymour sold 56,456 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total transaction of $1,016,208.00. Following the transaction, the chief operating officer owned 969,033 shares in the company, valued at $17,442,594. This represents a 5.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 205,044 shares of company stock valued at $3,407,451. Company insiders own 0.70% of the company’s stock.

American Airlines Group Price Performance

Shares of NASDAQ AAL opened at $13.64 on Monday. The stock has a market cap of $9.03 billion, a P/E ratio of -27.84 and a beta of 1.34. The firm’s 50-day simple moving average is $15.65 and its 200 day simple moving average is $13.69. 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 – Get Free Report) last announced its 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. The firm had revenue of $16.73 billion during the quarter, compared to analyst estimates of $16.70 billion. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. American Airlines Group’s revenue was up 16.3% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. On average, sell-side analysts anticipate that American Airlines Group Inc. will post -0.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on AAL shares. Weiss Ratings lowered shares of American Airlines Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday. UBS Group dropped their price target on shares of American Airlines Group from $21.00 to $18.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. Bank of America lifted their price target on American Airlines Group from $16.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft boosted their price objective 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, Wall Street Zen lowered American Airlines Group from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. 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. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $18.86.

View Our Latest Research Report on AAL

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.

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