Alaska Air Group, Inc. $ALK Holdings Trimmed by Generate Investment Management Ltd

Generate Investment Management Ltd cut its holdings in Alaska Air Group, Inc. (NYSE:ALK) by 75.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 200,000 shares of the transportation company’s stock after selling 600,000 shares during the quarter. Generate Investment Management Ltd owned about 0.18% of Alaska Air Group worth $7,356,000 as of its most recent SEC filing.

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

Alaska Air Group Stock Performance

ALK opened at $48.92 on Tuesday. The company has a market cap of $5.45 billion, a PE ratio of 92.31 and a beta of 1.29. The stock has a 50-day moving average of $42.44 and a 200-day moving average of $46.12. Alaska Air Group, Inc. has a 52-week low of $33.03 and a 52-week high of $65.88. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.39 and a current ratio of 0.43.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings data on Monday, April 20th. The transportation company reported ($1.68) EPS for the quarter, missing analysts’ consensus estimates of ($1.61) by ($0.07). Alaska Air Group had a net margin of 0.51% and a return on equity of 4.96%. The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same period in the prior year, the company posted ($0.77) EPS. The business’s revenue was up 5.2% on a year-over-year basis. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. As a group, equities research analysts forecast that Alaska Air Group, Inc. will post -0.72 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ALK shares. TD Cowen restated a “buy” rating on shares of Alaska Air Group in a report on Friday, June 5th. BMO Capital Markets lifted their price objective on shares of Alaska Air Group from $42.50 to $55.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 22nd. Bank of America cut their target price on shares of Alaska Air Group from $70.00 to $60.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Citigroup downgraded shares of Alaska Air Group from a “buy” rating to a “sell” rating and cut their target price for the company from $51.00 to $32.00 in a research note on Friday, May 1st. Finally, The Goldman Sachs Group decreased their target price on Alaska Air Group from $68.00 to $61.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Eleven analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Alaska Air Group presently has an average rating of “Moderate Buy” and an average price target of $62.00.

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.