Caxton Associates LLP Decreases Stock Position in SkyWest, Inc. $SKYW

Caxton Associates LLP lessened its holdings in SkyWest, Inc. (NASDAQ:SKYW) by 40.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,045 shares of the transportation company’s stock after selling 9,392 shares during the quarter. Caxton Associates LLP’s holdings in SkyWest were worth $1,290,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Caitong International Asset Management Co. Ltd raised its position in shares of SkyWest by 480.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 216 shares during the last quarter. Transamerica Financial Advisors LLC boosted its stake in SkyWest by 273.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 269 shares of the transportation company’s stock worth $27,000 after purchasing an additional 197 shares in the last quarter. Johnson Financial Group Inc. purchased a new stake in SkyWest during the 3rd quarter worth approximately $62,000. EverSource Wealth Advisors LLC grew its position in SkyWest by 118.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 625 shares of the transportation company’s stock worth $64,000 after purchasing an additional 339 shares during the last quarter. Finally, Exchange Traded Concepts LLC purchased a new stake in SkyWest during the 4th quarter worth approximately $83,000. Hedge funds and other institutional investors own 81.30% of the company’s stock.

Analyst Upgrades and Downgrades

SKYW has been the subject of a number of research analyst reports. Citigroup raised their price target on shares of SkyWest from $95.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. The Goldman Sachs Group lowered shares of SkyWest from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $126.00 to $115.00 in a report on Thursday, July 2nd. TD Cowen upped their target price on SkyWest from $98.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Finally, Weiss Ratings upgraded SkyWest from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $121.17.

Key Headlines Impacting SkyWest

Here are the key news stories impacting SkyWest this week:

• Positive Sentiment: SkyWest reported Q2 2026 revenue of about $1.10 billion, up 6.5% year over year, showing continued demand and healthier top-line momentum. SkyWest, Inc. Announces Second Quarter 2026 Profit
• Positive Sentiment: The company projected 2026 GAAP EPS in the “$11 area,” which suggests management sees continued earnings strength ahead. SkyWest projects 2026 GAAP EPS in the $11 area while outlining $700M CapEx
• Positive Sentiment: Wall Street commentary remains constructive on SkyWest, and a bullish analyst tone can support the stock by reinforcing confidence in the outlook. Is It Worth Investing in SkyWest (SKYW) Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Q2 earnings of $2.54 per share were roughly in line with consensus but below some higher estimates, while revenue slightly missed expectations. SkyWest (SKYW) Q2 Earnings and Revenues Miss Estimates
• Negative Sentiment: Higher fuel costs in the prorate business pressured quarterly results, which may weigh on margins if the cost trend continues. SkyWest, Inc. Announces Second Quarter 2026 Profit

SkyWest Price Performance

Shares of NASDAQ SKYW opened at $103.65 on Friday. The business’s 50 day moving average price is $92.03 and its 200 day moving average price is $94.45. The firm has a market cap of $4.11 billion, a P/E ratio of 10.30, a P/E/G ratio of 1.50 and a beta of 1.45. SkyWest, Inc. has a 52 week low of $77.89 and a 52 week high of $123.94. The company has a quick ratio of 0.51, a current ratio of 0.62 and a debt-to-equity ratio of 0.66.

SkyWest (NASDAQ:SKYW) last issued its quarterly earnings results on Thursday, July 23rd. The transportation company reported $2.54 earnings per share for the quarter, missing the consensus estimate of $2.70 by ($0.16). SkyWest had a return on equity of 14.63% and a net margin of 9.78%.The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same quarter last year, the company posted $2.91 EPS. SkyWest’s quarterly revenue was up 6.5% compared to the same quarter last year. On average, sell-side analysts expect that SkyWest, Inc. will post 10.57 earnings per share for the current year.

SkyWest declared that its board has initiated a share repurchase plan on Thursday, July 23rd that allows the company to buyback $250.00 million in shares. This buyback authorization allows the transportation company to repurchase up to 6.6% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued.

SkyWest Profile

SkyWest, Inc (NASDAQ: SKYW) is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.