ING Groep NV bought a new stake in JetBlue Airways Corporation (NASDAQ:JBLU – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor bought 1,000,000 shares of the transportation company’s stock, valued at approximately $4,920,000.
Other hedge funds also recently modified their holdings of the company. Bogart Wealth LLC raised its holdings in shares of JetBlue Airways by 12,727.3% during the 3rd quarter. Bogart Wealth LLC now owns 7,055 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 7,000 shares in the last quarter. HUB Investment Partners LLC acquired a new position in JetBlue Airways during the second quarter worth $45,000. Alpha Wealth Funds LLC acquired a new position in JetBlue Airways during the second quarter worth $51,000. Rafferty Asset Management LLC bought a new position in JetBlue Airways during the second quarter valued at about $51,000. Finally, NewEdge Advisors LLC lifted its position in shares of JetBlue Airways by 1,113.2% in the second quarter. NewEdge Advisors LLC now owns 13,078 shares of the transportation company’s stock worth $55,000 after buying an additional 12,000 shares during the last quarter. Institutional investors and hedge funds own 83.71% of the company’s stock.
JetBlue Airways News Roundup
Here are the key news stories impacting JetBlue Airways this week:
- Positive Sentiment: Management will participate in a Barclays 43rd Annual Industrial Select Conference fireside chat on Feb. 18 — provides investor access and a chance to reassure markets on strategy and outlook. JetBlue to Participate in Fireside Chat at Barclays
- Neutral Sentiment: Reports show a large increase in short interest for February, but the published figures read as zero shares / NaN change — the data appears erroneous and is unlikely to be a clear signal to the market until corrected by a reliable short-interest report.
- Negative Sentiment: Scott+Scott (and counsel Scott+Scott Attorneys at Law LLP) has opened an investor alert/investigation into JetBlue’s directors and officers for alleged breaches of fiduciary duty — this raises legal/ governance risk and can pressure the stock while uncertainty persists. JETBLUE INVESTOR ALERT: Scott+Scott Investigates Directors and Officers
- Negative Sentiment: Zacks Research issued a wave of estimate changes (Feb. 10) that are net negative for near-term guidance: several quarters and FY2027 EPS forecasts were lowered (notably FY2027 cut to a loss of ~$0.33 from a prior positive view), Q1 2026 and Q1 2027 were reduced, and some mid‑term quarter estimates were trimmed — although Zacks slightly raised certain later/adjacent quarter estimates (e.g., Q4 2026). The overall effect is weaker near-term earnings visibility, which likely contributes to downward pressure on the share price. Zacks Research estimate changes for JetBlue
Analysts Set New Price Targets
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JetBlue Airways Stock Performance
Shares of NASDAQ JBLU opened at $5.63 on Friday. JetBlue Airways Corporation has a 12 month low of $3.34 and a 12 month high of $7.83. The company has a market cap of $2.05 billion, a P/E ratio of -3.37 and a beta of 1.78. The business’s 50 day moving average is $5.10 and its two-hundred day moving average is $4.85. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 3.42.
JetBlue Airways (NASDAQ:JBLU – Get Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The transportation company reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.45) by ($0.04). JetBlue Airways had a negative return on equity of 24.93% and a negative net margin of 6.64%.The company had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.22 billion. During the same quarter in the previous year, the business posted ($0.21) EPS. The company’s revenue was down 1.4% on a year-over-year basis. On average, equities analysts expect that JetBlue Airways Corporation will post -0.69 EPS for the current year.
JetBlue Airways Company Profile
JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.
The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.
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