International Assets Investment Management LLC Boosts Stock Holdings in Alaska Air Group, Inc. $ALK

International Assets Investment Management LLC lifted its stake in Alaska Air Group, Inc. (NYSE:ALK) by 399.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,060 shares of the transportation company’s stock after purchasing an additional 33,640 shares during the period. International Assets Investment Management LLC’s holdings in Alaska Air Group were worth $1,584,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Atlas Capital Advisors Inc. purchased a new stake in Alaska Air Group during the 4th quarter worth about $26,000. First Command Advisory Services Inc. boosted its stake in shares of Alaska Air Group by 242.5% in the 4th 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 during the period. SBI Securities Co. Ltd. grew its position in shares of Alaska Air Group by 30.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock worth $46,000 after buying an additional 212 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of Alaska Air Group during the third quarter worth about $90,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Alaska Air Group by 194.8% during the second quarter. EverSource Wealth Advisors LLC now owns 2,276 shares of the transportation company’s stock worth $113,000 after buying an additional 1,504 shares during the period. 81.90% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ALK has been the topic of several analyst reports. BMO Capital Markets raised their target price on shares of Alaska Air Group from $55.00 to $62.50 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Citigroup reissued a “sell” rating and issued a $47.00 price objective (up from $32.00) on shares of Alaska Air Group in a research report on Friday, June 26th. Weiss Ratings upgraded shares of Alaska Air Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 1st. Zacks Research raised shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. Finally, Bank of America boosted their target price on shares of Alaska Air Group from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Eleven analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $67.12.

Alaska Air Group Stock Performance

Shares of ALK opened at $49.47 on Monday. The company has a market capitalization of $5.51 billion, a price-to-earnings ratio of 93.33 and a beta of 1.28. 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 stock has a 50 day moving average price of $45.11 and a 200 day moving average price of $46.14.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings data on Monday, April 20th. The transportation company reported ($1.68) earnings per share for the quarter, missing analysts’ consensus estimates 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 firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.77) EPS. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. Research analysts predict that Alaska Air Group, Inc. will post -0.25 EPS for the current fiscal year.

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.