QRG Capital Management Inc. Has $428,000 Position in Alaska Air Group, Inc. $ALK

QRG Capital Management Inc. lessened its holdings in shares of Alaska Air Group, Inc. (NYSE:ALK) by 56.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 8,599 shares of the transportation company’s stock after selling 11,217 shares during the period. QRG Capital Management Inc.’s holdings in Alaska Air Group were worth $428,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH lifted its position in shares of Alaska Air Group by 10.8% in the 2nd quarter. Allianz Asset Management GmbH now owns 123,947 shares of the transportation company’s stock worth $6,133,000 after acquiring an additional 12,041 shares during the period. First Pacific Financial raised its stake in shares of Alaska Air Group by 5,268.0% in the second quarter. First Pacific Financial now owns 10,736 shares of the transportation company’s stock valued at $531,000 after purchasing an additional 10,536 shares in the last quarter. Itau Unibanco Holding S.A. bought a new position in Alaska Air Group in the second quarter worth $594,000. U S Global Investors Inc. boosted its stake in Alaska Air Group by 12.0% during the second quarter. U S Global Investors Inc. now owns 479,052 shares of the transportation company’s stock worth $23,703,000 after buying an additional 51,492 shares in the last quarter. Finally, Summit Investment Advisors Inc. bought a new stake in Alaska Air Group in the 1st quarter valued at $1,192,000. Institutional investors own 81.90% of the company’s stock.

Alaska Air Group Stock Performance

NYSE ALK opened at $50.88 on Friday. The firm has a market cap of $5.90 billion, a price-to-earnings ratio of 58.48, a PEG ratio of 0.50 and a beta of 1.22. The company has a 50 day moving average of $47.94 and a 200-day moving average of $50.79. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.12. Alaska Air Group, Inc. has a 1-year low of $37.63 and a 1-year high of $78.08.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.32. Alaska Air Group had a return on equity of 7.26% and a net margin of 0.70%.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 prior year, the company earned $0.97 EPS. Alaska Air Group’s revenue for the quarter was up 2.8% on a year-over-year basis. 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, equities analysts forecast that Alaska Air Group, Inc. will post 6.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. TD Cowen reaffirmed a “buy” rating on shares of Alaska Air Group in a report on Monday, November 3rd. Susquehanna raised their price target on shares of Alaska Air Group from $52.00 to $70.00 and gave the stock a “positive” rating in a research note on Friday, January 9th. Cantor Fitzgerald set a $65.00 price objective on Alaska Air Group in a report on Monday, November 3rd. Raymond James Financial reissued an “outperform” rating and issued a $71.00 target price on shares of Alaska Air Group in a report on Friday, December 19th. Finally, UBS Group set a $77.00 target price on Alaska Air Group and gave the stock a “buy” rating in a research report on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.80.

Key Headlines Impacting Alaska Air Group

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

• Positive Sentiment: Q4 adjusted EPS beat expectations (adjusted $0.43 vs. consensus $0.11), providing an upside surprise that likely supported the rally. Alaska Air Group reports fourth quarter and full year 2025 results
• Positive Sentiment: Management issued FY2026 EPS guidance of $3.50–$6.50 and said momentum is accelerating (integration with Hawaiian Airlines cited), which gives investors a multi‑quarter thesis for earnings improvement. Alaska Air Group reports fourth quarter and full year 2025 results
• Positive Sentiment: Company and analysts are pointing to a pickup in bookings late in Q4 and management expects a “meaningful” improvement in 2026 EPS, reinforcing forward optimism. Alaska Air expects ‘meaningful’ improvement in 2026 EPS
• Neutral Sentiment: Revenue grew modestly (about 2.8% y/y to $3.63B) but came in roughly flat to slightly below some estimates — a mixed top‑line print that tempers the EPS beat. Earnings snapshot / conference call
• Negative Sentiment: Near‑term guidance disappointed: Q1 2026 EPS was guided to -$1.50 to -$0.50 (worse than consensus), which is a short‑term drag and heightens execution risk. Alaska Air Group reports fourth quarter and full year 2025 results
• Negative Sentiment: CEO flagged operational risks from a major winter storm that could disrupt flights and add costs — a near‑term catalyst for volatility in revenue and margins. Alaska Airlines CEO on potential impact to flights from massive winter storm
• Negative Sentiment: Management warned of fuel/refinery risks in California that could increase costs or constrain operations, a material input‑cost risk for airlines. Alaska Airlines CEO: California refineries are a big risk for us going forward
• Negative Sentiment: Detailed quarter metrics show steep year‑over‑year declines in profitability and cash balances, higher cost of sales and rising capex/liabilities — longer‑term fundamentals that could limit upside until margins recover. Q4 results: modest revenue growth, EPS beats but profitability slumps

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.