Alaska Air Group, Inc. $ALK Shares Acquired by LSV Asset Management

LSV Asset Management increased its stake in Alaska Air Group, Inc. (NYSE:ALK) by 505.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 331,899 shares of the transportation company’s stock after buying an additional 277,100 shares during the quarter. LSV Asset Management’s holdings in Alaska Air Group were worth $16,695,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Diamond Hill Capital Management Inc. lifted its holdings in Alaska Air Group by 13.0% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 287,930 shares of the transportation company’s stock worth $14,483,000 after purchasing an additional 33,090 shares during the period. Global Retirement Partners LLC lifted its holdings in Alaska Air Group by 91.7% in the fourth quarter. Global Retirement Partners LLC now owns 2,327 shares of the transportation company’s stock worth $117,000 after purchasing an additional 1,113 shares during the period. Leonteq Securities AG acquired a new stake in Alaska Air Group in the fourth quarter worth about $578,000. North Dakota State Investment Board acquired a new stake in Alaska Air Group in the fourth quarter worth about $204,000. Finally, Northwestern Mutual Investment Management Company LLC lifted its holdings in Alaska Air Group by 1.0% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 25,951 shares of the transportation company’s stock worth $1,305,000 after purchasing an additional 249 shares during the period. Institutional investors and hedge funds own 81.90% of the company’s stock.

Analysts Set New Price Targets

ALK has been the subject of several research analyst reports. Zacks Research raised shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 6th. Wall Street Zen cut shares of Alaska Air Group from a “sell” rating to a “strong sell” rating in a research report on Tuesday, April 14th. TD Cowen dropped their price target on shares of Alaska Air Group from $63.00 to $54.00 and set a “buy” rating on the stock in a research report on Monday, March 9th. Weiss Ratings cut shares of Alaska Air Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Finally, Susquehanna dropped their price target on shares of Alaska Air Group from $55.00 to $50.00 and set a “positive” rating on the stock in a research report on Wednesday, April 22nd. Eleven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Alaska Air Group currently has an average rating of “Moderate Buy” and an average target price of $61.85.

Alaska Air Group Price Performance

Shares of ALK opened at $41.42 on Tuesday. The company has a market capitalization of $4.61 billion, a price-to-earnings ratio of 78.14 and a beta of 1.25. Alaska Air Group, Inc. has a fifty-two week low of $33.03 and a fifty-two week high of $65.88. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.43 and a quick ratio of 0.39. The business’s 50-day moving average is $39.28 and its 200-day moving average is $45.50.

Alaska Air Group (NYSE:ALK) last issued its earnings results 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 business had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.31 billion. Alaska Air Group had a net margin of 0.51% and a return on equity of 4.96%. Alaska Air Group’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.77) EPS. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. Equities research analysts expect that Alaska Air Group, Inc. will post -1.04 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.