SkyWest, Inc. $SKYW is U S Global Investors Inc.’s 8th Largest Position

U S Global Investors Inc. grew its stake in shares of SkyWest, Inc. (NASDAQ:SKYW) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 223,006 shares of the transportation company’s stock after purchasing an additional 8,594 shares during the quarter. SkyWest makes up approximately 2.4% of U S Global Investors Inc.’s portfolio, making the stock its 8th biggest position. U S Global Investors Inc. owned 0.56% of SkyWest worth $22,392,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its stake in shares of SkyWest by 24.6% during the third quarter. Allspring Global Investments Holdings LLC now owns 144,978 shares of the transportation company’s stock valued at $14,628,000 after purchasing an additional 28,669 shares during the period. American Century Companies Inc. boosted its stake in shares of SkyWest by 3.0% during the third quarter. American Century Companies Inc. now owns 1,612,098 shares of the transportation company’s stock valued at $162,209,000 after purchasing an additional 46,744 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of SkyWest by 189.7% during the third quarter. Teacher Retirement System of Texas now owns 19,044 shares of the transportation company’s stock valued at $1,916,000 after purchasing an additional 12,470 shares during the period. Public Sector Pension Investment Board boosted its stake in shares of SkyWest by 10.1% during the third quarter. Public Sector Pension Investment Board now owns 172,424 shares of the transportation company’s stock valued at $17,349,000 after purchasing an additional 15,793 shares during the period. Finally, Y Intercept Hong Kong Ltd lifted its stake in SkyWest by 217.8% in the third quarter. Y Intercept Hong Kong Ltd now owns 36,837 shares of the transportation company’s stock worth $3,707,000 after acquiring an additional 25,246 shares during the period. Hedge funds and other institutional investors own 81.30% of the company’s stock.

Insider Transactions at SkyWest

In related news, insider Wade J. Steel sold 20,629 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $106.53, for a total value of $2,197,607.37. Following the transaction, the insider directly owned 77,438 shares of the company’s stock, valued at approximately $8,249,470.14. This represents a 21.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.50% of the company’s stock.

Key SkyWest News

Here are the key news stories impacting SkyWest this week:

• Positive Sentiment: Q1 beat — SkyWest reported EPS of $2.50 vs. consensus ~ $2.15 and revenue of $1.01B (up ~6.8% YoY), signaling demand resilience. SkyWest Inc. Releases Q1 2026 Earnings
• Positive Sentiment: Forward guidance & fleet growth — Management reiterated they expect 2026 GAAP EPS in the roughly $11 area and confirmed plans to launch the CRJ450 in partnership with United this fall, a catalyst for capacity growth. SkyWest anticipates 2026 GAAP EPS
• Neutral Sentiment: Cash flow improvement but mixed profitability — Operating cash flow strengthened (reported rise vs. prior year), though operating profit and gross margin declined year‑over‑year. Investors will watch conversion of cash flow into balance‑sheet stability. SkyWest Inc. Releases Q1 2026 Earnings
• Neutral Sentiment: Earnings call tone constructive — Management struck an upbeat tone on growth amid headwinds; full call transcript and highlights are available for investors digging into forward commentary and unit economics. Earnings Call Highlights
• Negative Sentiment: Rising costs pressuring margins — Cost of sales rose materially (fuel, maintenance and labor noted), gross profit fell and operating profit decreased ~11% YoY, creating near‑term margin pressure. SkyWest beats Q1 but costs up
• Negative Sentiment: Heavy capex and cash drawdown — Capex jumped to ~$214M (large YoY increase) to support fleet work including the CRJ450; cash and equivalents declined, raising short‑term liquidity and leverage risk. SkyWest Inc. Releases Q1 2026 Earnings
• Negative Sentiment: Insider selling & analyst focus on cost risks — Recent insider sales were noted and several outlets flagged the sector‑wide cost test; these factors temper enthusiasm despite the beat. Insider trading and hedge fund activity

Wall Street Analyst Weigh In

SKYW has been the subject of a number of research analyst reports. TD Cowen dropped their price target on SkyWest from $122.00 to $106.00 and set a “buy” rating for the company in a research note on Friday, April 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of SkyWest in a research note on Thursday, January 22nd. Citigroup dropped their price target on SkyWest from $112.00 to $101.00 and set a “neutral” rating for the company in a research note on Friday, March 20th. Finally, Cantor Fitzgerald set a $122.00 price target on SkyWest in a research note on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $119.80.

SkyWest Stock Performance

Shares of SkyWest stock opened at $92.75 on Friday. SkyWest, Inc. has a 12 month low of $85.17 and a 12 month high of $123.94. The company has a current ratio of 0.65, a quick ratio of 0.55 and a debt-to-equity ratio of 0.67. The business has a fifty day simple moving average of $95.92 and a two-hundred day simple moving average of $98.85. The firm has a market capitalization of $3.73 billion, a P/E ratio of 8.96, a P/E/G ratio of 1.27 and a beta of 1.63.

SkyWest (NASDAQ:SKYW) last issued its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.35. SkyWest had a return on equity of 16.35% and a net margin of 10.56%.The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $993.06 million. During the same period last year, the company earned $2.42 earnings per share. The company’s revenue was up 6.8% on a year-over-year basis. On average, equities analysts forecast that SkyWest, Inc. will post 11.1 earnings per share for the current fiscal year.

About SkyWest

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.