Phil A. Younker & Associates Ltd. Buys 14,500 Shares of Alaska Air Group, Inc. $ALK

Phil A. Younker & Associates Ltd. boosted its stake in Alaska Air Group, Inc. (NYSE:ALK) by 322.2% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 19,000 shares of the transportation company’s stock after buying an additional 14,500 shares during the period. Alaska Air Group makes up 0.5% of Phil A. Younker & Associates Ltd.’s portfolio, making the stock its 25th largest holding. Phil A. Younker & Associates Ltd.’s holdings in Alaska Air Group were worth $699,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Generate Investment Management Ltd bought a new position in shares of Alaska Air Group during the fourth quarter worth approximately $40,240,000. JPMorgan Chase & Co. boosted its stake in Alaska Air Group by 29.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 206,172 shares of the transportation company’s stock valued at $10,263,000 after purchasing an additional 46,445 shares during the period. ARGA Investment Management LP boosted its stake in Alaska Air Group by 200.3% in the 4th quarter. ARGA Investment Management LP now owns 754,321 shares of the transportation company’s stock valued at $37,942,000 after purchasing an additional 503,167 shares during the period. Lighthouse Investment Partners LLC acquired a new position in Alaska Air Group in the 3rd quarter valued at $4,194,000. Finally, CM Management LLC acquired a new position in Alaska Air Group in the 3rd quarter valued at $1,244,000. 81.90% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ALK shares. Weiss Ratings downgraded Alaska Air Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, June 1st. Zacks Research upgraded shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group lowered their price target on shares of Alaska Air Group from $68.00 to $61.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Morgan Stanley dropped their price objective on shares of Alaska Air Group from $80.00 to $78.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Finally, TD Cowen reiterated a “buy” rating on shares of Alaska Air Group in a research note on Friday, June 5th. Eleven investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $62.46.

Alaska Air Group Trading Up 1.0%

ALK opened at $49.27 on Wednesday. Alaska Air Group, Inc. has a twelve month low of $33.03 and a twelve month high of $65.88. The company has a 50-day simple moving average of $42.63 and a 200 day simple moving average of $46.15. The company has a quick ratio of 0.39, a current ratio of 0.43 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $5.49 billion, a price-to-earnings ratio of 92.96 and a beta of 1.29.

Alaska Air Group (NYSE:ALK) last released its earnings results on Monday, April 20th. The transportation company reported ($1.68) EPS for the quarter, missing the consensus estimate of ($1.61) by ($0.07). The firm had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.31 billion. Alaska Air Group had a net margin of 0.51% and a return on equity of 4.96%. Alaska Air Group’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.77) earnings per share. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. Analysts predict that Alaska Air Group, Inc. will post -0.72 EPS for the current fiscal year.

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.