Delta Global Management LP Invests $2.20 Million in Alaska Air Group, Inc. $ALK

Delta Global Management LP purchased a new position in shares of Alaska Air Group, Inc. (NYSE:ALK) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 43,736 shares of the transportation company’s stock, valued at approximately $2,200,000.

Other institutional investors also recently modified their holdings of the company. Atlas Capital Advisors Inc. acquired a new position in shares of Alaska Air Group during the fourth quarter worth $26,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Alaska Air Group during the third quarter worth $28,000. AlphaQuest LLC acquired a new position in shares of Alaska Air Group during the third quarter worth $34,000. First Command Advisory Services Inc. increased its holdings in shares of 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 worth $34,000 after buying an additional 485 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Alaska Air Group by 43.2% during the third quarter. Smartleaf Asset Management LLC now owns 838 shares of the transportation company’s stock worth $42,000 after buying an additional 253 shares in the last quarter. 81.90% of the stock is currently owned by institutional investors and hedge funds.

Alaska Air Group Stock Performance

Shares of ALK opened at $49.01 on Tuesday. The company has a current ratio of 0.43, a quick ratio of 0.39 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $5.46 billion, a P/E ratio of 92.47 and a beta of 1.29. The firm’s fifty day simple moving average is $41.38 and its two-hundred day simple moving average is $45.90. Alaska Air Group, Inc. has a 12 month low of $33.03 and a 12 month high of $65.88.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings results on Monday, April 20th. The transportation company reported ($1.68) EPS for the quarter, missing analysts’ consensus estimates of ($1.61) by ($0.07). The firm had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.31 billion. Alaska Air Group had a net margin of 0.51% and a return on equity of 4.96%. The business’s revenue was up 5.2% compared to the same quarter last year. During the same period last year, the company posted ($0.77) EPS. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. As a group, analysts predict that Alaska Air Group, Inc. will post -1.01 EPS for the current year.

Wall Street Analyst Weigh In

ALK has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Alaska Air Group from a “strong sell” rating to a “sell” rating in a report on Saturday, June 6th. Bank of America lowered their price target on shares of Alaska Air Group from $70.00 to $60.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. BMO Capital Markets increased their price objective on Alaska Air Group from $42.50 to $55.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Susquehanna decreased their price objective on Alaska Air Group from $55.00 to $50.00 and set a “positive” rating for the company in a report on Wednesday, April 22nd. Finally, The Goldman Sachs Group decreased their price objective on Alaska Air Group from $68.00 to $61.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. 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. According to data from MarketBeat.com, Alaska Air Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.00.

Alaska Air Group 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.