swisspartners Advisors Ltd lifted its position in Alaska Air Group, Inc. (NYSE:ALK – Free Report) by 14.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 170,540 shares of the transportation company’s stock after purchasing an additional 21,100 shares during the quarter. Alaska Air Group accounts for about 7.0% of swisspartners Advisors Ltd’s holdings, making the stock its 9th largest holding. swisspartners Advisors Ltd owned approximately 0.15% of Alaska Air Group worth $8,510,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the business. MAI Capital Management lifted its stake 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 valued at $31,000 after purchasing an additional 280 shares during the period. AlphaQuest LLC purchased a new position in shares of Alaska Air Group in the 3rd quarter worth $34,000. Country Trust Bank bought a new stake in Alaska Air Group during the third quarter valued at approximately $45,000. Rexford Capital Inc. bought a new stake in Alaska Air Group during the second quarter valued at about $49,000. Finally, Total Investment Management Inc. purchased a new stake in shares of Alaska Air Group in the second quarter worth $61,000. 81.90% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts have commented on ALK shares. Zacks Research raised shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Raymond James Financial reiterated an “outperform” rating and set a $71.00 price objective on shares of Alaska Air Group in a report on Friday, December 19th. TD Cowen reduced their target price on Alaska Air Group from $64.00 to $63.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Barclays reaffirmed an “overweight” rating and set a $70.00 target price (up from $60.00) on shares of Alaska Air Group in a report on Monday, January 12th. Finally, Citigroup reissued a “buy” rating and issued a $69.00 price target (up previously from $61.00) on shares of Alaska Air Group in a research note on Wednesday, January 7th. One research 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 company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.40.
Alaska Air Group Trading Up 1.8%
ALK opened at $56.11 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17. The firm has a market cap of $6.51 billion, a price-to-earnings ratio of 64.49, a price-to-earnings-growth ratio of 0.48 and a beta of 1.21. Alaska Air Group, Inc. has a 52 week low of $37.63 and a 52 week high of $78.08. The business’s 50 day moving average is $50.01 and its two-hundred day moving average is $50.82.
Alaska Air Group (NYSE:ALK – Get Free Report) last announced its quarterly earnings data 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 net margin of 0.70% and a return on equity of 7.22%. The company had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter in the prior year, the firm earned $0.97 EPS. Alaska Air Group’s quarterly revenue 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, research analysts predict that Alaska Air Group, Inc. will post 6.03 EPS for the current year.
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.
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