Capital Research Global Investors Has $159.72 Million Position in Alaska Air Group, Inc. $ALK

Capital Research Global Investors increased its position in Alaska Air Group, Inc. (NYSE:ALK) by 86.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,175,350 shares of the transportation company’s stock after buying an additional 1,475,350 shares during the quarter. Capital Research Global Investors owned 2.74% of Alaska Air Group worth $159,720,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in ALK. Northwestern Mutual Wealth Management Co. increased its stake in shares of Alaska Air Group by 19,661.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,235,901 shares of the transportation company’s stock valued at $62,166,000 after buying an additional 1,229,647 shares during the period. BNP Paribas Financial Markets boosted its holdings in Alaska Air Group by 1,563.7% in the third quarter. BNP Paribas Financial Markets now owns 1,092,368 shares of the transportation company’s stock valued at $54,378,000 after acquiring an additional 1,026,710 shares during the last quarter. Balyasny Asset Management L.P. bought a new position in Alaska Air Group during the 3rd quarter worth approximately $48,583,000. Generate Investment Management Ltd bought a new position in Alaska Air Group during the 4th quarter worth approximately $40,240,000. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Alaska Air Group by 24.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,962,620 shares of the transportation company’s stock worth $149,020,000 after purchasing an additional 588,119 shares during the period. Institutional investors and hedge funds own 81.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ALK. Morgan Stanley reduced their price objective on shares of Alaska Air Group from $80.00 to $78.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Zacks Research raised shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 6th. Evercore set a $60.00 price objective on shares of Alaska Air Group in a research note on Friday, April 17th. 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, Wall Street Zen raised shares of Alaska Air Group from a “strong sell” rating to a “sell” rating in a research note on Saturday. Eleven equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alaska Air Group currently has an average rating of “Moderate Buy” and a consensus target price of $62.00.

Alaska Air Group Stock Performance

Shares of ALK stock opened at $42.27 on Tuesday. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 79.76 and a beta of 1.29. Alaska Air Group, Inc. has a 52 week low of $33.03 and a 52 week high of $65.88. The company has a quick ratio of 0.39, a current ratio of 0.43 and a debt-to-equity ratio of 1.29. The firm has a 50 day moving average of $40.43 and a 200-day moving average of $45.67.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings data 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 company had revenue of $3.30 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the business earned ($0.77) EPS. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. On average, equities analysts forecast that Alaska Air Group, Inc. will post -1.01 earnings per share 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.