Dimensional Fund Advisors LP Increases Stake in Alaska Air Group, Inc. $ALK

Dimensional Fund Advisors LP increased its stake in Alaska Air Group, Inc. (NYSE:ALK) by 0.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,273,084 shares of the transportation company’s stock after acquiring an additional 56,225 shares during the period. Dimensional Fund Advisors LP owned approximately 5.44% of Alaska Air Group worth $312,280,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Alaska Air Group by 2,046.4% in the 4th quarter. Brighton Jones LLC now owns 96,932 shares of the transportation company’s stock valued at $6,276,000 after purchasing an additional 92,416 shares during the last quarter. Empowered Funds LLC boosted its holdings in Alaska Air Group by 60.2% in the first quarter. Empowered Funds LLC now owns 6,423 shares of the transportation company’s stock valued at $316,000 after acquiring an additional 2,414 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Alaska Air Group by 81.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 340,258 shares of the transportation company’s stock valued at $16,747,000 after acquiring an additional 152,953 shares during the period. Intech Investment Management LLC acquired a new stake in Alaska Air Group during the first quarter worth about $1,318,000. Finally, Assetmark Inc. increased its stake in Alaska Air Group by 2,162.3% during the second quarter. Assetmark Inc. now owns 1,380 shares of the transportation company’s stock worth $68,000 after acquiring an additional 1,319 shares during the last quarter. Institutional investors and hedge funds own 81.90% of the company’s stock.

Alaska Air Group Price Performance

ALK opened at $43.81 on Friday. Alaska Air Group, Inc. has a twelve month low of $37.63 and a twelve month high of $66.46. The firm has a market cap of $5.02 billion, a price-to-earnings ratio of 50.36, a PEG ratio of 0.43 and a beta of 1.17. The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17. The company has a fifty day simple moving average of $51.99 and a 200 day simple moving average of $50.87.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.43 EPS 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 7.22%. The firm had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.64 billion. During the same quarter in the previous year, the business posted $0.97 EPS. The firm’s 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. Equities research analysts expect that Alaska Air Group, Inc. will post 6.03 EPS for the current fiscal year.

Insider Buying and Selling at Alaska Air Group

In related news, CFO Shane R. Tackett sold 24,000 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $57.15, for a total value of $1,371,600.00. Following the sale, the chief financial officer directly owned 43,377 shares of the company’s stock, valued at $2,478,995.55. This represents a 35.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kyle B. Levine sold 2,945 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $60.02, for a total transaction of $176,758.90. Following the transaction, the executive vice president owned 20,977 shares in the company, valued at $1,259,039.54. This trade represents a 12.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 56,945 shares of company stock valued at $3,204,569 in the last three months. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ALK shares. Weiss Ratings cut Alaska Air Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 13th. Susquehanna boosted their price objective on shares of Alaska Air Group from $52.00 to $70.00 and gave the stock a “positive” rating in a research note on Friday, January 9th. Barclays reissued an “overweight” rating and issued a $70.00 target price (up from $60.00) on shares of Alaska Air Group in a research note on Monday, January 12th. Wall Street Zen raised shares of Alaska Air Group from a “sell” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, UBS Group set a $77.00 price objective on Alaska Air Group and gave the company a “buy” rating in a research report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Alaska Air Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.40.

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.