Alaska Air Group, Inc. $ALK Shares Acquired by Allianz Asset Management GmbH

Allianz Asset Management GmbH boosted its position in Alaska Air Group, Inc. (NYSE:ALK) by 40.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 173,610 shares of the transportation company’s stock after purchasing an additional 49,663 shares during the period. Allianz Asset Management GmbH owned about 0.15% of Alaska Air Group worth $8,642,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of Alaska Air Group by 2,046.4% in the fourth quarter. Brighton Jones LLC now owns 96,932 shares of the transportation company’s stock valued at $6,276,000 after buying an additional 92,416 shares in the last quarter. Empowered Funds LLC grew its stake in Alaska Air Group by 60.2% in the 1st quarter. Empowered Funds LLC now owns 6,423 shares of the transportation company’s stock valued at $316,000 after acquiring an additional 2,414 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Alaska Air Group by 81.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 340,258 shares of the transportation company’s stock valued at $16,747,000 after acquiring an additional 152,953 shares in the last quarter. Intech Investment Management LLC acquired a new position in Alaska Air Group during the first quarter worth about $1,318,000. Finally, US Bancorp DE lifted its holdings in shares of Alaska Air Group by 3.1% in the second quarter. US Bancorp DE now owns 22,654 shares of the transportation company’s stock valued at $1,121,000 after purchasing an additional 672 shares in the last quarter. 81.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Alaska Air Group in a research note on Monday, December 29th. UBS Group set a $77.00 price target on Alaska Air Group and gave the stock a “buy” rating in a research report on Friday, December 12th. Zacks Research upgraded 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 objective on shares of Alaska Air Group in a research note on Friday, December 19th. Finally, Cantor Fitzgerald set a $63.00 target price on shares of Alaska Air Group in a research note on Friday, January 30th. One 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.com, Alaska Air Group presently has a consensus rating of “Moderate Buy” and an average target price of $71.40.

Alaska Air Group Stock Performance

NYSE ALK opened at $60.25 on Tuesday. The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17. The company has a market capitalization of $6.99 billion, a PE ratio of 69.25, a price-to-earnings-growth ratio of 0.52 and a beta of 1.21. The business’s 50-day moving average price is $50.96 and its 200 day moving average price is $50.93. Alaska Air Group, Inc. has a twelve month low of $37.63 and a twelve month high of $78.08.

Alaska Air Group (NYSE:ALK) last posted its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.43 EPS for the quarter, beating 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 company posted $0.97 EPS. The company’s quarterly revenue 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 predict that Alaska Air Group, Inc. will post 6.03 earnings per share for the current year.

Insider Activity

In other news, CFO Shane R. Tackett sold 10,000 shares of the company’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $55.00, for a total transaction of $550,000.00. Following the completion of the sale, the chief financial officer directly owned 33,530 shares in the company, valued at $1,844,150. This represents a 22.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.92% of the stock is owned by corporate insiders.

About Alaska Air Group

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.