Bailard Inc. Increases Stock Position in Alaska Air Group, Inc. $ALK

Bailard Inc. increased its position in Alaska Air Group, Inc. (NYSE:ALK) by 93.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,422 shares of the transportation company’s stock after buying an additional 11,830 shares during the quarter. Bailard Inc.’s holdings in Alaska Air Group were worth $1,216,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. MAI Capital Management raised its holdings in shares of Alaska Air Group by 80.5% in the 2nd quarter. MAI Capital Management now owns 628 shares of the transportation company’s stock worth $31,000 after purchasing an additional 280 shares during the period. Country Trust Bank acquired a new stake in Alaska Air Group during the 3rd quarter worth approximately $45,000. Rexford Capital Inc. acquired a new stake in Alaska Air Group during the 2nd quarter worth approximately $49,000. Total Investment Management Inc. purchased a new position in Alaska Air Group in the second quarter valued at approximately $61,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in Alaska Air Group during the third quarter valued at approximately $63,000. Hedge funds and other institutional investors own 81.90% of the company’s stock.

Alaska Air Group Stock Performance

Shares of ALK stock opened at $48.74 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.52 and a quick ratio of 0.49. The company’s fifty day moving average price is $47.75 and its two-hundred day moving average price is $50.79. The firm has a market capitalization of $5.65 billion, a P/E ratio of 39.31, a P/E/G ratio of 0.51 and a beta of 1.22. Alaska Air Group, Inc. has a 12 month low of $37.63 and a 12 month high of $78.08.

Alaska Air Group (NYSE:ALK) last announced its earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.32. Alaska Air Group had a return on equity of 8.93% and a net margin of 1.06%.The business had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.64 billion. During the same period in the previous year, the company earned $0.97 earnings per share. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. Alaska Air Group has set its Q1 2026 guidance at -1.500–0.500 EPS and its FY 2026 guidance at 3.500-6.500 EPS. On average, research analysts anticipate that Alaska Air Group, Inc. will post 6.03 earnings per share for the current fiscal year.

Key Stories Impacting Alaska Air Group

Here are the key news stories impacting Alaska Air Group this week:

• Positive Sentiment: Adjusted Q4 EPS beat expectations — Alaska reported $0.43 adjusted EPS vs. a ~$0.11 consensus, showing upside to street earnings despite year‑over‑year pressure. Alaska Air Group (ALK) Q4 Earnings Beat Estimates
• Positive Sentiment: Integration progress — Management achieved a single operating certificate for Hawaiian and Alaska Airlines and reiterated that the combination is accelerating operational momentum, which could drive synergies and revenue opportunities. Alaska Air Group reports fourth quarter and full year 2025 results
• Positive Sentiment: Full‑year operating cash flow strength — The company generated roughly $1.2B of operating cash flow for the full year, supporting capital needs and the integration plan. Alaska Air Group reports fourth quarter and full year 2025 results
• Neutral Sentiment: FY‑2026 guidance is wide — Alaska gave FY2026 EPS guidance of $3.50–$6.50 (consensus ~ $5.26), which leaves room for upside but increases forecast uncertainty. View Press Release
• Neutral Sentiment: Analyst backdrop remains constructive — Multiple buy/outperform ratings and a median price target near $70 suggest upside from current levels, but targets assume successful execution of integration and margin recovery. Alaska Air Group (ALK) Releases Q4 2025 Earnings
• Negative Sentiment: Q1 2026 guidance missed expectations — The company set Q1 EPS at -1.50 to -0.50 versus a -0.50 consensus, signaling a softer near‑term operating profile and pressuring sentiment. View Press Release
• Negative Sentiment: Profitability and cash metrics weakened — Q4 revenue was roughly in line/slightly below estimates while gross profit, net income and cash balances declined sharply year‑over‑year; operating cash in Q4 also moderated, raising near‑term margin concerns. Alaska Air Group (ALK) Releases Q4 2025 Earnings
• Negative Sentiment: Insider sales noted — Recent insider sell activity was reported, which may amplify near‑term selling pressure for some investors. Alaska Air Group (ALK) Releases Q4 2025 Earnings

Analyst Ratings Changes

Several research firms have recently issued reports on ALK. Zacks Research raised shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Raymond James Financial reaffirmed an “outperform” rating and set a $71.00 price target on shares of Alaska Air Group in a research report on Friday, December 19th. Cantor Fitzgerald set a $65.00 price target on Alaska Air Group in a report on Monday, November 3rd. Susquehanna boosted their price objective on Alaska Air Group from $52.00 to $70.00 and gave the stock a “positive” rating in a research note on Friday, January 9th. Finally, Wall Street Zen downgraded Alaska Air Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Alaska Air Group has an average rating of “Moderate Buy” and a consensus target price of $71.80.

Alaska Air Group Company Profile

Alaska Air Group is a publicly traded holding company headquartered in Seattle, Washington, that operates two main airlines—Alaska Airlines and Horizon Air. Through these carriers, the company offers scheduled passenger and cargo services across a network spanning the United States, Canada and Mexico. Its core business activities include domestic and international air transportation, loyalty program management under the Mileage Plan brand, and ancillary revenue streams such as baggage fees, in-flight sales and code-share partnerships with other global airlines.

The roots of Alaska Air Group trace back to the foundation of its flagship carrier, Alaska Airlines, in 1932.