Alaska Air Group, Inc. $ALK Shares Acquired by Lodge Hill Capital LLC

Lodge Hill Capital LLC increased its stake in shares of Alaska Air Group, Inc. (NYSE:ALK) by 32.7% in the first quarter, HoldingsChannel reports. The firm owned 507,800 shares of the transportation company’s stock after buying an additional 125,000 shares during the quarter. Alaska Air Group makes up approximately 2.7% of Lodge Hill Capital LLC’s holdings, making the stock its 17th biggest holding. Lodge Hill Capital LLC’s holdings in Alaska Air Group were worth $18,677,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. lifted its holdings in Alaska Air Group by 30.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock valued at $46,000 after purchasing an additional 212 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its holdings in shares of Alaska Air Group by 1.0% during 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 buying an additional 249 shares in the last quarter. Bradley Foster & Sargent Inc. CT raised its position in shares of Alaska Air Group by 2.0% in the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 14,647 shares of the transportation company’s stock valued at $737,000 after buying an additional 281 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of Alaska Air Group by 1.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 23,499 shares of the transportation company’s stock valued at $864,000 after buying an additional 300 shares during the period. Finally, Thrivent Financial for Lutherans boosted its position in Alaska Air Group by 0.8% during the fourth quarter. Thrivent Financial for Lutherans now owns 38,414 shares of the transportation company’s stock worth $1,932,000 after acquiring an additional 313 shares during the last quarter. Institutional investors and hedge funds own 81.90% of the company’s stock.

Alaska Air Group Price Performance

Alaska Air Group stock opened at $45.80 on Thursday. Alaska Air Group, Inc. has a 1 year low of $33.03 and a 1 year high of $65.88. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.51 and a current ratio of 0.55. The firm has a 50 day moving average price of $47.10 and a 200 day moving average price of $45.75. The company has a market cap of $5.10 billion, a price-to-earnings ratio of -29.17 and a beta of 1.28.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings results on Tuesday, July 21st. The transportation company reported ($0.92) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.99) by $0.07. Alaska Air Group had a negative net margin of 1.19% and a negative return on equity of 3.11%. The company had revenue of $4.07 billion for the quarter, compared to analyst estimates of $4.09 billion. During the same quarter last year, the business earned $1.42 EPS. Alaska Air Group’s revenue for the quarter was up 9.7% on a year-over-year basis. Alaska Air Group has set its Q3 2026 guidance at 0.000-1.000 EPS. Sell-side analysts predict that Alaska Air Group, Inc. will post -0.73 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ALK has been the subject of several recent analyst reports. Bank of America lifted 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. Morgan Stanley decreased their price objective on Alaska Air Group from $80.00 to $78.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Susquehanna lifted their price objective on Alaska Air Group from $50.00 to $70.00 and gave the company a “positive” rating in a research report on Tuesday, July 7th. BMO Capital Markets upped their target price on Alaska Air Group from $55.00 to $62.50 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Finally, Weiss Ratings downgraded Alaska Air Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, July 20th. Eleven research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $65.65.

About Alaska Air Group

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.