Sky Harbour Group (NYSE:SKYH) Stock Rating Upgraded by Noble Financial

Sky Harbour Group (NYSE:SKYH) was upgraded by Noble Financial to a “strong-buy” rating in a report released on Monday,Zacks.com reports. Noble Financial also issued estimates for Sky Harbour Group’s Q2 2026 earnings at ($0.14) EPS, Q3 2026 earnings at ($0.11) EPS, Q4 2026 earnings at ($0.09) EPS, FY2026 earnings at ($0.50) EPS and FY2027 earnings at ($0.26) EPS.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings lowered shares of Sky Harbour Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday. BTIG Research restated a “buy” rating and issued a $13.00 price target on shares of Sky Harbour Group in a research note on Tuesday, March 24th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Sky Harbour Group has an average rating of “Moderate Buy” and a consensus target price of $13.50.

Sky Harbour Group Trading Down 4.4%

Shares of NYSE:SKYH opened at $8.97 on Monday. The firm’s 50 day moving average is $9.91 and its two-hundred day moving average is $9.45. Sky Harbour Group has a 52 week low of $8.22 and a 52 week high of $11.94. The firm has a market capitalization of $682.78 million, a P/E ratio of 224.13 and a beta of 1.39.

Sky Harbour Group (NYSE:SKYH) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.05). Sky Harbour Group had a net margin of 63.95% and a return on equity of 6.83%. The firm had revenue of $8.73 million during the quarter, compared to analyst estimates of $9.96 million. Analysts predict that Sky Harbour Group will post -0.66 EPS for the current year.

Insider Activity at Sky Harbour Group

In related news, major shareholder Omaha Corp Boston sold 331,500 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $9.05, for a total transaction of $3,000,075.00. Following the transaction, the insider owned 8,666,163 shares in the company, valued at $78,428,775.15. This trade represents a 3.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 40.77% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Sky Harbour Group by 1.3% during the third quarter. Vanguard Group Inc. now owns 1,175,780 shares of the company’s stock valued at $11,605,000 after acquiring an additional 15,250 shares during the period. Bank of America Corp DE increased its stake in shares of Sky Harbour Group by 173.7% during the second quarter. Bank of America Corp DE now owns 702,494 shares of the company’s stock valued at $6,863,000 after acquiring an additional 445,828 shares during the period. State Street Corp increased its stake in shares of Sky Harbour Group by 2.5% during the fourth quarter. State Street Corp now owns 581,050 shares of the company’s stock valued at $5,212,000 after acquiring an additional 14,035 shares during the period. Geode Capital Management LLC increased its stake in shares of Sky Harbour Group by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 512,506 shares of the company’s stock valued at $4,598,000 after acquiring an additional 14,194 shares during the period. Finally, First Manhattan CO. LLC. acquired a new position in shares of Sky Harbour Group during the fourth quarter valued at approximately $1,203,000. Institutional investors and hedge funds own 14.75% of the company’s stock.

Sky Harbour Group Company Profile

Sky Harbour Group Inc is a U.S.-based real estate development and operating company focused on private aviation infrastructure. The company specializes in the acquisition, design and management of fixed-base operations (FBOs), aircraft hangarage and private terminals that serve business and general aviation operators. By providing expedited ground handling, concierge services and state-of-the-art facilities, Sky Harbour seeks to streamline the operations of private jet owners, fractional-ownership programs and charter operators while reducing congestion at major airports.

Through strategic leases and joint-venture partnerships, Sky Harbour has established a growing presence at key regional and metropolitan airports across the United States.