LATAM Airlines Group S.A. $LTM reported stronger top-line growth in the second quarter of 2026, with total revenues rising 27.15% year over year to $4.1 billion. Gross profit also improved, climbing 24.74% to $1.1 billion, showing continued demand strength across the business.
Profitability was weaker deeper in the income statement, however. Operating profit fell 49.41% year over year to $218.3 million, while net income attributable to common shareholders declined 52.7% to $125.2 million. Diluted earnings per share came in at $0.44, down 46.04% from a year earlier.
Cash generation also eased from last year. Cash from operating activities totaled $609.8 million, while purchases of property, plant and equipment were $353.8 million, suggesting ongoing investment in the fleet and operations. At the same time, cash and cash equivalents rose to $2.7 billion, providing a stronger liquidity cushion.
- Revenues: $4.1 billion, up 27.15%
- Gross profit: $1.1 billion, up 24.74%
- Operating profit: $218.3 million, down 49.41%
- Net income: $125.2 million, down 52.7%
- Cash and equivalents: $2.7 billion, up 28.15%
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
LATAM Airlines Group S.A. Hedge Fund Activity
We have seen 108 institutional investors add shares of LATAM Airlines Group S.A. stock to their portfolio, and 57 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- OLYMPUS PEAK ASSET MANAGEMENT LP removed 3,427,892 shares (-62.3%) from their portfolio in Q1 2026, for an estimated $169,474,980
- NINETY ONE UK LTD added 1,806,307 shares (+inf%) to their portfolio in Q2 2026, for an estimated $105,253,508
- JANE STREET GROUP, LLC added 1,421,927 shares (+3373.2%) to their portfolio in Q1 2026, for an estimated $70,300,070
- CITADEL ADVISORS LLC added 1,257,597 shares (+775.9%) to their portfolio in Q1 2026, for an estimated $62,175,595
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 1,016,289 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $50,245,328
- RENAISSANCE TECHNOLOGIES LLC added 822,400 shares (+184.9%) to their portfolio in Q1 2026, for an estimated $40,659,456
- NEWPORT TRUST COMPANY, LLC removed 732,565 shares (-18.4%) from their portfolio in Q1 2026, for an estimated $36,218,013
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
LATAM Airlines Group S.A. Price Targets
Multiple analysts have issued price targets for $LTM recently. We have seen 5 analysts offer price targets for $LTM in the last 6 months, with a median target of $67.0.
Here are some recent targets:
- Alejandro Demichelis from Jefferies set a target price of $70.0 on 06/18/2026
- Guilherme Mendes from JP Morgan set a target price of $70.0 on 06/03/2026
- Jens Spiess from Morgan Stanley set a target price of $60.0 on 03/26/2026
- Pablo Monsivais from Barclays set a target price of $67.0 on 03/24/2026
- Filipe Nielsen from Citigroup set a target price of $58.0 on 03/17/2026
