Alaska Air Group, Inc. $ALK Stock Position Increased by Deltec Asset Management LLC

Deltec Asset Management LLC increased its holdings in Alaska Air Group, Inc. (NYSE:ALK) by 798.7% during the first quarter, Holdings Channel reports. The firm owned 269,600 shares of the transportation company’s stock after purchasing an additional 239,600 shares during the period. Alaska Air Group makes up 1.8% of Deltec Asset Management LLC’s portfolio, making the stock its 12th largest holding. Deltec Asset Management LLC’s holdings in Alaska Air Group were worth $9,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Atlas Capital Advisors Inc. bought a new stake in Alaska Air Group during the fourth quarter worth approximately $26,000. Foster Dykema Cabot & Partners LLC bought a new position in shares of Alaska Air Group in the third quarter valued at $28,000. First Command Advisory Services Inc. lifted its position in shares of Alaska Air Group by 242.5% during the 4th quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 485 shares during the last quarter. SBI Securities Co. Ltd. lifted its position in shares of Alaska Air Group by 30.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock valued at $46,000 after acquiring an additional 212 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of Alaska Air Group during the 3rd quarter worth $90,000. 81.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Citigroup restated a “sell” rating and set a $47.00 price target (up from $32.00) on shares of Alaska Air Group in a report on Friday, June 26th. Wall Street Zen upgraded Alaska Air Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. Susquehanna lowered their target price on Alaska Air Group from $55.00 to $50.00 and set a “positive” rating on the stock in a research note on Wednesday, April 22nd. Weiss Ratings lowered shares of Alaska Air Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, June 1st. Finally, BMO Capital Markets upped their price target on shares of Alaska Air Group from $42.50 to $55.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Eleven research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $64.00.

Alaska Air Group Price Performance

NYSE ALK opened at $51.30 on Thursday. The company has a market cap of $5.72 billion, a P/E ratio of 96.79 and a beta of 1.28. The company has a fifty day simple moving average of $43.81 and a 200 day simple moving average of $46.25. Alaska Air Group, Inc. has a 1 year low of $33.03 and a 1 year high of $65.88. The company has a current ratio of 0.43, a quick ratio of 0.39 and a debt-to-equity ratio of 1.29.

Alaska Air Group (NYSE:ALK) last issued its quarterly 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 business had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.31 billion. Alaska Air Group had a return on equity of 4.96% and a net margin of 0.51%.The business’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.77) earnings per share. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. On average, sell-side analysts predict that Alaska Air Group, Inc. will post -0.7 EPS for the current 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.