QRG Capital Management Inc. Has $428,000 Stake in Alaska Air Group, Inc. $ALK

QRG Capital Management Inc. reduced its stake in shares of Alaska Air Group, Inc. (NYSE:ALK) by 56.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,599 shares of the transportation company’s stock after selling 11,217 shares during the quarter. QRG Capital Management Inc.’s holdings in Alaska Air Group were worth $428,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Evergreen Capital Management LLC lifted its holdings in Alaska Air Group by 11.8% during the 3rd quarter. Evergreen Capital Management LLC now owns 9,500 shares of the transportation company’s stock worth $473,000 after buying an additional 1,004 shares in the last quarter. Country Trust Bank acquired a new stake in shares of Alaska Air Group in the 3rd quarter valued at $45,000. Plan Group Financial LLC raised its position in shares of Alaska Air Group by 2.7% during the third quarter. Plan Group Financial LLC now owns 15,251 shares of the transportation company’s stock worth $759,000 after acquiring an additional 399 shares during the last quarter. Meeder Asset Management Inc. lifted its stake in shares of Alaska Air Group by 57.9% during the third quarter. Meeder Asset Management Inc. now owns 21,116 shares of the transportation company’s stock valued at $1,051,000 after acquiring an additional 7,747 shares during the period. Finally, Bayforest Capital Ltd increased its position in Alaska Air Group by 1,041.2% in the third quarter. Bayforest Capital Ltd now owns 2,077 shares of the transportation company’s stock worth $103,000 after purchasing an additional 1,895 shares during the period. Institutional investors and hedge funds own 81.90% of the company’s stock.

Alaska Air Group Stock Up 4.1%

Shares of NYSE ALK opened at $50.88 on Friday. Alaska Air Group, Inc. has a 52-week low of $37.63 and a 52-week high of $78.08. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.49 and a current ratio of 0.52. The stock has a market cap of $5.90 billion, a P/E ratio of 58.48, a P/E/G ratio of 0.50 and a beta of 1.22. The firm has a 50 day moving average price of $47.94 and a 200 day moving average price of $50.79.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.32. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.26%. The company had revenue of $3.63 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same period last year, the firm posted $0.97 earnings per share. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. Alaska Air Group has set its Q1 2026 guidance at -1.500–0.500 EPS and its FY 2026 guidance at 3.500-6.500 EPS. Analysts expect that Alaska Air Group, Inc. will post 6.03 EPS for the current year.

Analysts Set New Price Targets

ALK has been the topic of a number of research reports. Wall Street Zen upgraded shares of Alaska Air Group from a “sell” rating to a “hold” rating in a research report on Friday. Barclays reissued an “overweight” rating and set a $70.00 price target (up from $60.00) on shares of Alaska Air Group in a research note on Monday, January 12th. UBS Group set a $77.00 price objective on shares of Alaska Air Group and gave the company a “buy” rating in a report on Friday, December 12th. Citigroup reaffirmed a “buy” rating and set a $69.00 target price (up previously from $61.00) on shares of Alaska Air Group in a report on Wednesday, January 7th. Finally, TD Cowen reiterated a “buy” rating on shares of Alaska Air Group in a research report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.80.

More Alaska Air Group News

Here are the key news stories impacting Alaska Air Group this week:

• Positive Sentiment: Q4 adjusted EPS beat expectations (adjusted $0.43 vs. consensus $0.11), providing an upside surprise that likely supported the rally. Alaska Air Group reports fourth quarter and full year 2025 results
• Positive Sentiment: Management issued FY2026 EPS guidance of $3.50–$6.50 and said momentum is accelerating (integration with Hawaiian Airlines cited), which gives investors a multi‑quarter thesis for earnings improvement. Alaska Air Group reports fourth quarter and full year 2025 results
• Positive Sentiment: Company and analysts are pointing to a pickup in bookings late in Q4 and management expects a “meaningful” improvement in 2026 EPS, reinforcing forward optimism. Alaska Air expects ‘meaningful’ improvement in 2026 EPS
• Neutral Sentiment: Revenue grew modestly (about 2.8% y/y to $3.63B) but came in roughly flat to slightly below some estimates — a mixed top‑line print that tempers the EPS beat. Earnings snapshot / conference call
• Negative Sentiment: Near‑term guidance disappointed: Q1 2026 EPS was guided to -$1.50 to -$0.50 (worse than consensus), which is a short‑term drag and heightens execution risk. Alaska Air Group reports fourth quarter and full year 2025 results
• Negative Sentiment: CEO flagged operational risks from a major winter storm that could disrupt flights and add costs — a near‑term catalyst for volatility in revenue and margins. Alaska Airlines CEO on potential impact to flights from massive winter storm
• Negative Sentiment: Management warned of fuel/refinery risks in California that could increase costs or constrain operations, a material input‑cost risk for airlines. Alaska Airlines CEO: California refineries are a big risk for us going forward
• Negative Sentiment: Detailed quarter metrics show steep year‑over‑year declines in profitability and cash balances, higher cost of sales and rising capex/liabilities — longer‑term fundamentals that could limit upside until margins recover. Q4 results: modest revenue growth, EPS beats but profitability slumps

Alaska Air Group Company Profile

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.