American Airlines GroupAAL
Market Cap: $7.09B
About: American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major US hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of US airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of US legacy carriers.
Employees: 132,100
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2.09% more ownership
Funds ownership: 59.38% [Q1] → 61.48% (+2.09%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 192
3% less funds holding
Funds holding: 586 [Q1] → 568 (-18) [Q2]
17% less first-time investments, than exits
New positions opened: 86 | Existing positions closed: 104
23% less capital invested
Capital invested by funds: $5.96B [Q1] → $4.57B (-$1.4B) [Q2]
76% less call options, than puts
Call options by funds: $622M | Put options by funds: $2.62B
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Bernstein David Vernon 55% 1-year accuracy 6 / 11 met price target | 11%upside $12 | Market Perform Downgraded | 23 Jul 2024 |
Bernstein David Vernon 55% 1-year accuracy 6 / 11 met price target | 11%upside $12 | Market Perform Downgraded | 22 Jul 2024 |
Evercore ISI Group Duane Pfennigwerth 57% 1-year accuracy 4 / 7 met price target | 20%upside $13 | In-Line Maintained | 15 Jul 2024 |
Barclays Brandon Oglenski 56% 1-year accuracy 23 / 41 met price target | 7%downside $10 | Underweight Maintained | 10 Jul 2024 |
Financial journalist opinion
Based on 342 articles about AAL published over the past 30 days