Sky Harbour Group (NYSE:SKYH) Upgraded at Noble Financial

Sky Harbour Group (NYSE:SKYH) was upgraded by stock analysts at Noble Financial to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports. Noble Financial also issued estimates for Sky Harbour Group’s Q2 2026 earnings at ($0.14) EPS, Q3 2026 earnings at ($0.11) EPS, Q4 2026 earnings at ($0.09) EPS, FY2026 earnings at ($0.50) EPS and FY2027 earnings at ($0.26) EPS.

A number of other equities research analysts have also recently commented on the company. BTIG Research reaffirmed a “buy” rating and set a $13.00 price objective on shares of Sky Harbour Group in a research note on Tuesday, March 24th. Weiss Ratings lowered Sky Harbour Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $13.50.

Sky Harbour Group Trading Down 4.4%

SKYH stock opened at $8.97 on Monday. Sky Harbour Group has a 12-month low of $8.22 and a 12-month high of $11.94. The stock’s 50 day simple moving average is $9.91 and its 200 day simple moving average is $9.45. The firm has a market cap of $682.78 million, a P/E ratio of 224.13 and a beta of 1.39.

Sky Harbour Group (NYSE:SKYH) last announced its earnings results on Thursday, May 14th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.05). Sky Harbour Group had a net margin of 63.95% and a return on equity of 6.83%. The firm had revenue of $8.73 million for the quarter, compared to the consensus estimate of $9.96 million. On average, research analysts forecast that Sky Harbour Group will post -0.66 EPS for the current fiscal year.

Insider Activity at Sky Harbour Group

In related news, major shareholder Omaha Corp Boston sold 331,500 shares of the firm’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $9.05, for a total value of $3,000,075.00. Following the sale, the insider directly owned 8,666,163 shares of the company’s stock, valued at $78,428,775.15. This trade represents a 3.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 40.77% of the company’s stock.

Institutional Investors Weigh In On Sky Harbour Group

Hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its stake in Sky Harbour Group by 32.1% in the 2nd quarter. Geode Capital Management LLC now owns 465,415 shares of the company’s stock worth $4,548,000 after purchasing an additional 112,994 shares in the last quarter. Rhumbline Advisers increased its position in shares of Sky Harbour Group by 185.5% during the second quarter. Rhumbline Advisers now owns 33,409 shares of the company’s stock worth $326,000 after acquiring an additional 21,708 shares during the period. American Century Companies Inc. boosted its stake in shares of Sky Harbour Group by 64.9% during the second quarter. American Century Companies Inc. now owns 34,123 shares of the company’s stock valued at $333,000 after purchasing an additional 13,434 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Sky Harbour Group by 68.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,639 shares of the company’s stock valued at $114,000 after acquiring an additional 4,721 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Sky Harbour Group by 173.7% during the second quarter. Bank of America Corp DE now owns 702,494 shares of the company’s stock worth $6,863,000 after buying an additional 445,828 shares during the period. 14.75% of the stock is currently owned by hedge funds and other institutional investors.

About Sky Harbour Group

Sky Harbour Group Inc is a U.S.-based real estate development and operating company focused on private aviation infrastructure. The company specializes in the acquisition, design and management of fixed-base operations (FBOs), aircraft hangarage and private terminals that serve business and general aviation operators. By providing expedited ground handling, concierge services and state-of-the-art facilities, Sky Harbour seeks to streamline the operations of private jet owners, fractional-ownership programs and charter operators while reducing congestion at major airports.

Through strategic leases and joint-venture partnerships, Sky Harbour has established a growing presence at key regional and metropolitan airports across the United States.