Owl Creek Asset Management L.P. Buys 8,184 Shares of SkyWest, Inc. $SKYW

Posted by Stephan Jacobs on Jul 27th, 2026

Owl Creek Asset Management L.P. raised its stake in shares of SkyWest, Inc. (NASDAQ:SKYW – Free Report) by 2.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 326,332 shares of the transportation company’s stock after buying an additional 8,184 shares during the quarter. SkyWest comprises 2.2% of Owl Creek Asset Management L.P.’s portfolio, making the stock its 7th biggest position. Owl Creek Asset Management L.P. owned 0.82% of SkyWest worth $29,967,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of SKYW. Fuller & Thaler Asset Management Inc. grew its holdings in SkyWest by 27.5% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,184,956 shares of the transportation company’s stock valued at $118,981,000 after purchasing an additional 255,408 shares during the period. Millennium Management LLC raised its holdings in SkyWest by 90.6% in the third quarter. Millennium Management LLC now owns 351,149 shares of the transportation company’s stock worth $35,333,000 after purchasing an additional 166,926 shares during the period. Vanguard Group Inc. boosted its position in shares of SkyWest by 3.2% during the fourth quarter. Vanguard Group Inc. now owns 4,966,485 shares of the transportation company’s stock worth $498,685,000 after purchasing an additional 152,863 shares in the last quarter. EP Wealth Advisors LLC bought a new position in shares of SkyWest during the fourth quarter worth $13,825,000. Finally, Invesco Ltd. boosted its position in shares of SkyWest by 24.9% during the fourth quarter. Invesco Ltd. now owns 498,590 shares of the transportation company’s stock worth $50,063,000 after purchasing an additional 99,387 shares in the last quarter. 81.30% of the stock is currently owned by institutional investors and hedge funds.

SkyWest Price Performance

Shares of SKYW stock opened at $103.65 on Monday. The firm has a fifty day moving average of $92.03 and a 200-day moving average of $94.39. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 0.59. SkyWest, Inc. has a 12-month low of $77.89 and a 12-month high of $123.94. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of 10.30, a P/E/G ratio of 1.50 and a beta of 1.45.

SkyWest (NASDAQ:SKYW – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The transportation company reported $2.54 EPS for the quarter, missing the consensus estimate of $2.70 by ($0.16). The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. SkyWest had a net margin of 9.78% and a return on equity of 14.58%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.91 earnings per share. As a group, equities research analysts predict that SkyWest, Inc. will post 10.57 earnings per share for the current fiscal year.

SkyWest declared that its board has initiated a share buyback program on Thursday, July 23rd that permits the company to buyback $250.00 million in shares. This buyback authorization permits the transportation company to repurchase up to 6.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

Several brokerages recently commented on SKYW. TD Cowen raised their price objective on SkyWest from $98.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Citigroup boosted their target price on SkyWest from $95.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. The Goldman Sachs Group downgraded SkyWest from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $126.00 to $115.00 in a report on Thursday, July 2nd. Finally, Weiss Ratings raised SkyWest from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $121.17.

View Our Latest Analysis on SKYW

Key SkyWest News

Here are the key news stories impacting SkyWest this week:

Positive Sentiment: SkyWest reported Q2 2026 revenue of about $1.10 billion, up 6.5% year over year, showing continued demand and healthier top-line momentum. SkyWest, Inc. Announces Second Quarter 2026 Profit
Positive Sentiment: The company projected 2026 GAAP EPS in the “$11 area,” which suggests management sees continued earnings strength ahead. SkyWest projects 2026 GAAP EPS in the $11 area while outlining $700M CapEx
Positive Sentiment: Wall Street commentary remains constructive on SkyWest, and a bullish analyst tone can support the stock by reinforcing confidence in the outlook. Is It Worth Investing in SkyWest (SKYW) Based on Wall Street’s Bullish Views?
Neutral Sentiment: Q2 earnings of $2.54 per share were roughly in line with consensus but below some higher estimates, while revenue slightly missed expectations. SkyWest (SKYW) Q2 Earnings and Revenues Miss Estimates
Negative Sentiment: Higher fuel costs in the prorate business pressured quarterly results, which may weigh on margins if the cost trend continues. SkyWest, Inc. Announces Second Quarter 2026 Profit

SkyWest Company Profile

(Free Report)

SkyWest, Inc (NASDAQ: SKYW) is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.