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Stephen L Johnson, Vice Chair, on July 27, 2026, sold 90,000 shares in American Airlines Group (AAL) for $1,345,308. Following the Form 4 filing with the SEC, Johnson has control over a total of 1,998,357 common shares of the company, with 1,998,357 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/6201/000119312526324366/xslF345X05/ownership.xml
American Airlines (AAL) issued lower-than-expected Q3 revenue guide at midpoint, but its "solid" topline and non-fuel cost dynamics should shine through its balance sheet once oil prices stabilize, UBS Securities said in a note Monday.The company showcased broad-based strength in Q2, driven by robust revenue and well-managed costs, but the near-term stock outlook is likely to be dominated by jet fuel cost volatility, analysts wrote.UBS said it believes the recent pullback in the stock has created a lucrative opportunity for investors.The brokerage now expects the company to post a loss of $0.13 in 2026 and earnings per share of $2.53 for 2027, lower than $2.97 previously.UBS Securities reiterated its buy rating on the stock and lowered its price target to $18 per share from $21.Price: $14.68, Change: $+0.20, Percent Change: +1.38%
Consumer stocks were lower late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 1.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) dropping 4.7%.In corporate news, Tesla (TSLA) shares fell past 14% after it reported an unexpected year-over-year decline in Q2 earnings, weighed by higher operating expenses related to research and development and AI initiatives.Albertsons (ACI) shares tumbled 23% after the grocery chain lowered its fiscal 2026 earnings and identical sales outlook and reported weaker-than-expected Q1 profits.American Airlines (AAL) lowered its full-year earnings outlook on Thursday as higher fuel costs drove Q2 bottom-line lower year on year, adding to signs that rising fuel prices are weighing on airline profitability. Its shares dropped 7.5%.IMAX (IMAX) shares jumped past 10% after it reported better-than-expected Q2 performance.
Consumer stocks were lower Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 1.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) dropping 4.4%.In corporate news, Tesla (TSLA) shares fell past 13% after it reported an unexpected year-over-year decline in Q2 earnings, weighed by higher operating expenses related to research and development and AI initiatives.Albertsons (ACI) shares tumbled 23% after the grocery chain lowered its fiscal 2026 earnings and identical sales outlook and reported weaker-than-expected Q1 profits.American Airlines (AAL) lowered its full-year earnings outlook on Thursday as higher fuel costs drove Q2 bottom-line lower year on year, adding to signs that rising fuel prices are weighing on airline profitability. Shares dropped 9.3%.
American Airlines (AAL) lowered its full-year earnings outlook on Thursday as higher fuel costs drove second-quarter bottom-line lower year on year, adding to signs that rising fuel prices are weighing on airline profitability.The airline now anticipates its bottom line to range from an adjusted loss of $0.65 per share to earnings of $0.65 per share for 2026, compared with its previous guidance for a loss of $0.40 to earnings of $1.10. The consensus on FactSet is for non-GAAP EPS of $0.61.Shares of American Airlines declined 8% in Thursday trade, with the stock losing 11% so far this year.Jet fuel's average price rose to $149.40 per barrel last week, up from $119.13 for the week ended July 3, data published by the International Air Transport Association showed. The surge came as rising tensions between the US and Iran sent crude oil prices higher.American Airlines said its second-quarter fuel costs jumped by $2.2 billion, or 83% year over year, although it was able to offset almost 50% of the headwind through higher fares amid robust travel demand. For the ongoing quarter, American Airlines sees its fuel expense rising by $1.7 billion on an annual basis.Earlier in the week, Alaska Air (ALK) issued a downbeat third-quarter earnings forecast and swung to a loss in the previous three-month period amid higher fuel costs. Earlier this month, United Airlines (UAL) projected about $6 billion in additional fuel expense for 2026, while Delta Air Lines (DAL) said it absorbed the highest quarterly fuel expense in its history.American Airlines' adjusted EPS slumped to $0.15 in the June quarter from $0.95 the year before, but topped the Street's view for $0.03. Total operating revenue climbed 16% to $16.74 billion, ahead of the average analyst estimate of $16.7 billion. Passenger revenue advanced 16% while cargo climbed 30%."Revenue growth was strong across all entities and cabins, with premium, main cabin, domestic and international all up meaningfully year over year," Chief Executive Robert Isom said in a statement.Total revenue per available seat mile, which is commonly used in the airline industry to measure efficiency, gained 10%. Capacity was up 5.4%.The airline expects to record an adjusted loss of $0.10 to $0.70 in the third quarter, while the Street is looking for non-GAAP EPS of $0.26. Revenue is projected to gain 16% to 19% on capacity growth of 3% to 5%. The market's view is for sales of $16.01 billion in the quarter.Price: $13.69, Change: $-1.10, Percent Change: -7.44%
American Airlines Group (AAL) has an average rating of overweight and mean price target of $17.38, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $18.33, Change: $+0.26, Percent Change: +1.44%
US large-cap banks are expected to report strong second-quarter earnings and issue upbeat guidance, with Huntington Bancshares (HBAN), US Bancorp (USB), and Wells Fargo (WFC) seen as top picks, Deutsche Bank said Monday.The brokerage's per-share earnings estimates for major banks are 2% above Wall Street's views on average, as others likely have not factored in the intra-quarter guidance updates from lenders. Deutsche Bank said it's "most above consensus" on Citigroup (C) and JPMorgan Chase (JPM)."Several banks tweaked up their quarterly (net interest income) expectations in early June (driven by strong loan growth) and pointed to better-than-expected investment banking and trading/markets (revenue)," Deutsche Bank analyst Matt O'Connor said in a note to clients.Bank earnings are scheduled to kick off July 14, with JPMorgan, Bank of America (BAC), Citigroup, Goldman Sachs (GS), and Wells Fargo slated to report.Huntington trends likely stabilized in the June quarter, with results seen improving in the second half of the year, according to Deutsche Bank."We believe key issues seem to be resolving, including questions surrounding loan growth, liquidity, and deal risk," O'Connor said. "(Huntington) shares trade at the lowest multiple among our coverage despite a solid long-term track record of both deal integrations and organic growth."US Bancorp is experiencing improved execution under Chief Executive Gunjan Kedia and an upward bias to its full-year revenue outlook following consecutive strong quarterly performances. The lender's recently completed the acquisition of financial services firm BTIG is well-timed due to broad strength in equity trading, while the bank's payments division is also positioned to benefit from strong retail sales volumes, O'Connor said.Wells Fargo shares have lagged its peers so far this year following a couple of disappointing quarters regarding both financial results and outlook, Deutsche Bank said. However, first-quarter trends were better than initially perceived."Momentum has also been building more than the market appreciates in our view post the lifting of the asset cap in June of 2025 and we expect this to be more evident in (second quarter)/beyond," O'Connor wrote.Deutsche Bank's higher EPS outlook for Citigroup factors in a revenue boost from the recent transfer of American Airlines (AAL) card receivables from Barclays (BCS), according to the note.Price: $17.74, Change: $-0.05, Percent Change: -0.28%
David Seymour, Executive Vice President, Chief Operating Officer, on June 24, 2026, sold 125,799 shares in American Airlines Group (AAL) for $2,195,073. Following the Form 4 filing with the SEC, Seymour has control over a total of 969,033 common shares of the company, with 969,033 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/6201/000193407326000008/xslF345X05/f4_a1eus000009aqrzma0-live.xml
US equity indexes were mixed on Wednesday amid a decline in crude oil prices and government bond yields.* US new-home sales decelerated to a 580,000 annual rate in May from an upwardly revised 626,000 rate in April, below the 640,000 rate expected in a Bloomberg-compiled survey. Home sales were down 6.8% from May 2025.* The market composite index, which measures mortgage application volume, increased 1% in the week ended June 19. On an unadjusted basis, the index decreased 10% compared with the previous week.* August West Texas Intermediate crude oil fell $3.23 to settle at $69.99 per barrel, while August Brent crude, the global benchmark, was last seen down $3.84 at $73.24.* In an analyst note, UBS named American Airlines Group (AAL) and United Airlines Holdings (UAL) as its top picks ahead of Q2 results. United Airlines shares were up nearly 6%, among the top gainers on the S&P 500.* Blackstone (BX) is preparing to invest $30 billion in AI data centers in Japan within the next three to five years, Nikkei Asia reported, citing an interview with Chief Operating Officer Jonathan Gray. Blackstone shares were down about 6.4%, the second-worst performer on the S&P 500.
US airlines are expected to issue above-consensus earnings guidance for the third quarter, while second-quarter profit likely met expectations, UBS Securities said Tuesday in a report.Jet fuel prices have fallen about 30% in the past month, and travel demand has stayed firm even as fares rose, the report said. Fuel costs had surged on Middle East supply disruptions, and prices have since eased after the US-Iran agreement to halt fighting and reopen the Strait of Hormuz.With fuel pressure easing from a year earlier and fares higher than in the second quarter, UBS expects revenue growth to accelerate in the third quarter.While there are some unit-cost headwinds for certain carriers, "the positive revenue and fuel dynamics are driving the expected EPS upside" for the third quarter," the report said.UBS projects low-double-digit to mid-teens revenue growth for major US airlines in the second quarter, with broadly in-line earnings.Demand remained solid through the quarter, consistent with company outlooks, and jet fuel generally tracked guidance assumptions, the report said.UBS named American Airlines Group (AAL) and United Airlines Holdings (UAL) as its top picks ahead of second-quarter results. American's profitability is highly sensitive to fuel prices and should benefit from strong industry demand, while United has "meaningful earnings upside" from revenue momentum and lower fuel costs, with room for full-year guidance to move higher, the report said.UBS reiterated its buy ratings on Delta Air Lines (DAL), Southwest Airlines (LUV) and Alaska Air Group (ALK).Price: $16.13, Change: $+0.05, Percent Change: +0.31%
Airlines are benefiting from strong demand, rising fares and lower fuel costs alongside flat capacity, with future gains hinging on whether "capacity discipline" holds as comparisons tighten into the summer, BofA Securities said Monday in a report.The Airline Fare Consumer Price Index in May rose almost 27% from a year earlier, and the Air Passenger Services Producer Price Index increased 14%, the report said. The Airline Reporting Corp.'s average ticket price rose more than 18%, with economy fares continuing to outperform premium cabins for a third straight month, BofA said.Into June, Bank of America's "aggregated credit and debit card data suggests momentum remains intact, with airline spending returning to double-digit growth, supported by strength in spend per transaction," the report said.Near-term comparisons will tighten as the industry enters peak summer, following an easier Q2 backdrop, BofA said. Late June and July will be key in determining whether current demand strength can persist as comparisons from a year earlier normalize, the report said.BofA raised its price target to $93 from $78 on Delta Air Lines (DAL), to $145 from $140 on United Airlines (UAL), and to $16 from $14 on American Airlines (AAL).Delta shares rose 1.8% in Monday trading, United climbed 0.9%, and American advanced 2.8%.Price: $85.72, Change: $+1.54, Percent Change: +1.83%
American Airlines Group (AAL) has an average rating of overweight and mean price target of $15.90, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $16.31, Change: $+0.32, Percent Change: +2.00%
American Airlines (AAL) and Alphabet's (GOOG, GOOGL) Google entered into an agreement for sustainable aviation fuel certificates, the companies said Tuesday.The agreement will unlock 35 million gallons of sustainable aviation fuel over three years, with American purchasing and taking delivery of the physical fuel for Chicago O'Hare International Airport through existing infrastructure, the companies said.Additionally, Google will receive the environmental benefits to help address its emissions from employee business travel through the sustainable aviation fuel certificates registry, according to the companies.Financial terms related to the agreement were not disclosed.Price: $13.84, Change: $+0.24, Percent Change: +1.73%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our opinion on AAL to Sell from Hold, reduce our price target by $1 to $12, and cut our 2026 EPS to -$0.07 from $0.48 and 2027's to $1.72 from $1.93, primarily reflecting fuel costs. Our target reflects 7x 2027 EPS (from 6.5x), with the modest multiple expansion reflecting strong underlying industry travel trends despite higher airfare, partially offsetting our estimate reductions. In our view, AAL is most exposed to fuel costs, given a higher unit cost profile and lagging unit revenue performance versus peers. While Q1 unit revenue rose 6.5% Y/Y, the spread between AAL's unit revenue and unit costs (+5.2% Y/Y) is tighter than peers and could result in operating losses more quickly. This profile justifies our discounted multiple versus peers in the high-single-digit range. AAL is also leaning into summer capacity, potentially driving higher fuel consumption at elevated prices. We see limited margin for error if fuel headwinds persist. A key upside risk is oil prices easing faster than expected.
The Nasdaq Composite and S&P 500 were up, while the Dow Jones Industrial Average was down slightly to kick off a shortened week of trading due to the holiday weekend.In company news, Micron Technology's (MU) market capitalization eclipsed $1 trillion for the first time Tuesday after several bullish analyst reports. Micron shares were up 16% around midday.Qualcomm (QCOM) is set to supply ByteDance with millions of chips for AI data centers to support the TikTok owner's AI agent software under a new deal the companies struck, Bloomberg reported Tuesday, citing people familiar with the matter. Qualcomm shares were up over 5%.Ferrari (RACE) has launched a new all-electric sports car called Luce, the company said Monday. The four-door model includes four electric motors, a 122 kWh battery and electric all-wheel drive, delivering 0-100 km/h acceleration in 2.5 seconds, the company said. The EV's starting price is 550,000 euros ($640,000), multiple media outlets reported. Ferrari shares were down 4.7%.Eli Lilly (LLY) has agreed to acquire Curevo, LimmaTech Biologics and Vaccine Company in deals worth up to nearly $3.83 billion in total, the company said Tuesday. The deals include potential payments of up to $1.5 billion for Curevo, up to $780 million for LimmaTech and up to $1.55 billion for Vaccine Company, the company said. Eli Lilly shares were up 1.2%.BP (BP) said Tuesday its board unanimously decided to remove Albert Manifold as chair and director, effective immediately. BP shares were down 4.6%.AutoZone (AZO) reported fiscal Q3 net income Tuesday of $38.07 per diluted share, up from $35.36 a year earlier and above the FactSet consensus analyst estimate of $36.21. Fiscal Q3 net sales were $4.84 billion, up from $4.46 billion a year ago but below the FactSet consensus of $4.86 billion. AutoZone shares were down 11.3%.Modine Manufacturing (MOD) on Tuesday said it signed a major long-term agreement with one of its strategic data center customers to supply its Airedale cooling solutions. Under the terms of the agreement, Modine said it will reserve production capacity to supply over $4 billion worth of Airedale by Modine cooling products between 2027 and 2029. The customer has also provided an upfront payment of $165 million to support capacity expansion and other investments required to meet future demand, the company said. Modine shares were up 19%.American Airlines Group (AAL) said Tuesday it is installing SpaceX's Starlink to provide wireless internet on over 500 of its narrowbody aircraft starting in Q1 2027. American Airlines shares were up 6%.Price: $872.85, Change: $+121.85, Percent Change: +16.23%
American Airlines Group (AAL) said Tuesday it is installing SpaceX's Starlink to provide wireless internet on over 500 of its narrowbody aircraft starting Q1 2027.Shares of American Airlines were up about 6% in Tuesday trading.Price: $14.68, Change: $+0.83, Percent Change: +5.96%
US consumers' air travel intentions for leisure purposes leveled off in March year over year despite higher fuel costs and geopolitical concerns, UBS Securities said in a note sent Tuesday.The brokerage conducted a survey of 6,877 consumers across the world, including 1,754 in the US, from March to early April.Crude oil prices soared after the US and Israel launched attacks against Iran at the end of February, disrupting shipments through the crucial Strait of Hormuz.Plans to undertake leisure travel in the US over the next 12 months slipped to 82.8% from 83.1% a year ago, but remained above March 2024 levels, the survey results showed. Business travel intentions decreased on an annual basis, but rose from two years ago."The key takeaway was that intentions among US consumers to undertake leisure and business travel over the next 12 months remain high," UBS analysts, including Atul Maheswari, wrote in the note. "The survey results show that significantly more US consumers expect to increase spend in the next 12 months than spend less on their trips -- a trend that's consistent with last year's survey."There was an annual moderation in those citing plans to travel more with large US carriers Delta Air Lines (DAL), United Airlines (UAL), American Airlines (AAL), and Southwest Airlines (LUV), according to UBS. However, the number of consumers willing to travel about the same with each of the four airlines increased.Most consumers consider price as the most important factor when purchasing airline tickets for leisure travel, while about half of the survey respondents look at destination and airline brand, according to UBS."Airline brand was meaningfully more important than (three) years ago as was seat class. This should bode well for the larger airlines with a stronger loyalty/premium offering," Maheswari said, referring to Delta, United, American, and Alaska Air (ALK).Price: $68.35, Change: $-1.89, Percent Change: -2.69%
United Airlines (UAL) Chief Executive Scott Kirby said that pursuing an acquisition of a smaller airline like JetBlue Airlines (JBLU) might not be worth the intensive effort required, The New York Times reported Wednesday.In an interview, Kirby told The Times that "doing a merger takes a lot of calories and a lot of energy, and it's about the same amount of calories and energy regardless of the size of the merger."The interview comes just days after Kirby raised the idea of a potential merger with American Airlines (AAL), but was rebuffed, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $88.03, Change: $-2.38, Percent Change: -2.64%
Consumer stocks fell late Monday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) declining 1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.6%.In corporate news, United Airlines (UAL) CEO Scott Kirby confirmed he approached rival American Airlines (AAL) about a possible merger, and American declined to engage, closing the door on a deal. Separately, American is selling $1.14 billion of bonds financing a group of planes, Bloomberg reported. United shares fell 1.2%, and American dropped 3%.Domino's Pizza (DPZ) reported weaker-than-expected Q1 results on Monday, with the company's CEO saying consumer uncertainty and inflation weighed on demand late in the quarter. Its shares slumped past 9%.Verizon Communications (VZ) lifted its full-year earnings outlook on Monday and reported a Q1 bottom line above market estimates, while it unexpectedly added postpaid phone subscribers in the three-month period. Its shares rose 1.2%.Toyota Motor (TM) reported Monday total worldwide sales of 897,871 vehicles in March, down 7.3% from a year earlier. Toyota shares were fractionally higher.
Aircraft lessors could be impacted by a projected slowdown in airline capacity deployment globally amid elevated jet fuel prices triggered by the Middle East conflict, Deutsche Bank said Monday.Energy prices have soared following the US-Israel war with Iran that has disrupted shipments through the Strait of Hormuz, the world's most important chokepoint for crude flows.The conflict, which paused following a ceasefire between the US and Iran and later between Israel and Lebanon, has pushed jet fuel prices past $4 a gallon, according to Deutsche Bank."While aircraft lessors are not directly impacted (by high fuel prices) like airlines with higher operating costs, they are indirectly affected by changes in supply and demand for aircraft," Deutsche Bank analyst Shannon Doherty said in a note to clients Monday. "We cannot ignore the fact that surging jet fuel prices will lead to a slowing of global airline capacity deployment, with groundings a possibility among the financially weakest operators."Last week, American Airlines (AAL) and United Airlines (UAL) lowered their full-year earnings projections. United Airlines said at the time it faced headwinds in the first quarter, including a $340 million increase in fuel expense, compared with a year earlier.Qatar Airways recently contacted lessors to potentially defer or reduce rental payments, Deutsche Bank said Monday. If other airlines request similar favors and aircraft lessors opt to provide that relief, new terms will likely be net present value-positive over the longer term for lessors, according to the note.A premium multiple to AerCap Holdings' (AER) book value is "justified" given its diversified asset fleet earning mid-double-digit return on equity, Doherty said. An undersupply of aircraft assets is "structural" and is expected to last through the end of the decade, the brokerage wrote."AerCap represents one of the best ways to play this theme given the high demand for aircraft, its large orderbook, durable earnings, and high visibility into future cash flows given the long duration nature of its lease contracts," Doherty said.Price: $137.95, Change: $-0.14, Percent Change: -0.10%
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