Y Intercept Hong Kong Ltd Acquires 96,558 Shares of Alaska Air Group, Inc. $ALK

Y Intercept Hong Kong Ltd increased its stake in Alaska Air Group, Inc. (NYSE:ALK) by 303.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,423 shares of the transportation company’s stock after acquiring an additional 96,558 shares during the period. Y Intercept Hong Kong Ltd owned approximately 0.11% of Alaska Air Group worth $6,393,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. American Century Companies Inc. increased its position in shares of Alaska Air Group by 1.3% during the 2nd quarter. American Century Companies Inc. now owns 3,266,619 shares of the transportation company’s stock valued at $161,632,000 after purchasing an additional 42,454 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Alaska Air Group by 18.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,374,501 shares of the transportation company’s stock worth $118,203,000 after buying an additional 368,511 shares during the period. Geode Capital Management LLC increased its position in Alaska Air Group by 3.6% during the second quarter. Geode Capital Management LLC now owns 2,215,697 shares of the transportation company’s stock valued at $109,657,000 after acquiring an additional 77,531 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Alaska Air Group by 10.1% in the second quarter. AQR Capital Management LLC now owns 1,456,129 shares of the transportation company’s stock valued at $71,809,000 after acquiring an additional 134,141 shares during the period. Finally, Par Capital Management Inc. lifted its holdings in shares of Alaska Air Group by 4.1% in the 2nd quarter. Par Capital Management Inc. now owns 1,119,302 shares of the transportation company’s stock worth $55,383,000 after acquiring an additional 43,726 shares during the last quarter. 81.90% of the stock is owned by institutional investors.

Alaska Air Group Stock Performance

Shares of ALK opened at $50.88 on Friday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.49 and a current ratio of 0.52. Alaska Air Group, Inc. has a one year low of $37.63 and a one year high of $78.08. The stock has a market cap of $5.90 billion, a P/E ratio of 58.48, a P/E/G ratio of 0.52 and a beta of 1.22. The stock has a 50-day moving average of $47.94 and a two-hundred day moving average of $50.80.

Alaska Air Group (NYSE:ALK) last posted its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.11 by $0.32. The company had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.64 billion. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.26%. The firm’s revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.97 earnings per share. Alaska Air Group has set its Q1 2026 guidance at -1.500–0.500 EPS and its FY 2026 guidance at 3.500-6.500 EPS. As a group, research analysts predict that Alaska Air Group, Inc. will post 6.03 EPS for the current year.

Analyst Upgrades and Downgrades

ALK has been the subject of a number of recent analyst reports. Raymond James Financial restated an “outperform” rating and set a $71.00 price objective on shares of Alaska Air Group in a report on Friday, December 19th. Bank of America raised their target price on shares of Alaska Air Group from $62.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. TD Cowen restated a “buy” rating on shares of Alaska Air Group in a report on Monday, November 3rd. Weiss Ratings restated a “hold (c-)” rating on shares of Alaska Air Group in a research note on Monday, December 29th. Finally, Barclays reissued an “overweight” rating and set a $70.00 target price (up previously from $60.00) on shares of Alaska Air Group in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Alaska Air Group has an average rating of “Moderate Buy” and a consensus price target of $71.80.

Alaska Air Group News Roundup

Here are the key news stories impacting Alaska Air Group this week:

• Positive Sentiment: Q4 adjusted EPS beat expectations (adjusted $0.43 vs. consensus $0.11), providing an upside surprise that likely supported the rally. Alaska Air Group reports fourth quarter and full year 2025 results
• Positive Sentiment: Management issued FY2026 EPS guidance of $3.50–$6.50 and said momentum is accelerating (integration with Hawaiian Airlines cited), which gives investors a multi‑quarter thesis for earnings improvement. Alaska Air Group reports fourth quarter and full year 2025 results
• Positive Sentiment: Company and analysts are pointing to a pickup in bookings late in Q4 and management expects a “meaningful” improvement in 2026 EPS, reinforcing forward optimism. Alaska Air expects ‘meaningful’ improvement in 2026 EPS
• Neutral Sentiment: Revenue grew modestly (about 2.8% y/y to $3.63B) but came in roughly flat to slightly below some estimates — a mixed top‑line print that tempers the EPS beat. Earnings snapshot / conference call
• Negative Sentiment: Near‑term guidance disappointed: Q1 2026 EPS was guided to -$1.50 to -$0.50 (worse than consensus), which is a short‑term drag and heightens execution risk. Alaska Air Group reports fourth quarter and full year 2025 results
• Negative Sentiment: CEO flagged operational risks from a major winter storm that could disrupt flights and add costs — a near‑term catalyst for volatility in revenue and margins. Alaska Airlines CEO on potential impact to flights from massive winter storm
• Negative Sentiment: Management warned of fuel/refinery risks in California that could increase costs or constrain operations, a material input‑cost risk for airlines. Alaska Airlines CEO: California refineries are a big risk for us going forward
• Negative Sentiment: Detailed quarter metrics show steep year‑over‑year declines in profitability and cash balances, higher cost of sales and rising capex/liabilities — longer‑term fundamentals that could limit upside until margins recover. Q4 results: modest revenue growth, EPS beats but profitability slumps

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.