Phil A. Younker & Associates Ltd. Has $699,000 Stock Position in Alaska Air Group, Inc. $ALK

Phil A. Younker & Associates Ltd. increased its holdings in shares of Alaska Air Group, Inc. (NYSE:ALKFree Report) by 322.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,000 shares of the transportation company’s stock after buying an additional 14,500 shares during the quarter. Alaska Air Group accounts for about 0.5% of Phil A. Younker & Associates Ltd.’s holdings, making the stock its 25th biggest holding. Phil A. Younker & Associates Ltd.’s holdings in Alaska Air Group were worth $699,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. SBI Securities Co. Ltd. grew its position in Alaska Air Group by 30.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock valued at $46,000 after acquiring an additional 212 shares during the last quarter. Northwestern Mutual Investment Management Company LLC boosted its stake in shares of Alaska Air Group by 1.0% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 25,951 shares of the transportation company’s stock valued at $1,305,000 after purchasing an additional 249 shares in the last quarter. Bradley Foster & Sargent Inc. CT grew its holdings in shares of Alaska Air Group by 2.0% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 14,647 shares of the transportation company’s stock valued at $737,000 after purchasing an additional 281 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of Alaska Air Group by 0.8% during the 4th quarter. Thrivent Financial for Lutherans now owns 38,414 shares of the transportation company’s stock valued at $1,932,000 after purchasing an additional 313 shares during the last quarter. Finally, Verdence Capital Advisors LLC increased its position in Alaska Air Group by 3.4% during the 4th quarter. Verdence Capital Advisors LLC now owns 11,814 shares of the transportation company’s stock worth $594,000 after purchasing an additional 387 shares in the last quarter. 81.90% of the stock is owned by institutional investors and hedge funds.

Alaska Air Group Stock Performance

Shares of Alaska Air Group stock opened at $49.27 on Wednesday. The company has a quick ratio of 0.39, a current ratio of 0.43 and a debt-to-equity ratio of 1.29. Alaska Air Group, Inc. has a twelve month low of $33.03 and a twelve month high of $65.88. The stock has a market cap of $5.49 billion, a price-to-earnings ratio of 92.96 and a beta of 1.29. The company’s fifty day moving average is $42.63 and its 200 day moving average is $46.15.

Alaska Air Group (NYSE:ALKGet Free Report) last posted 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 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%. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.77) earnings per share. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. Sell-side analysts forecast that Alaska Air Group, Inc. will post -0.72 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on ALK. Evercore set a $60.00 price objective on shares of Alaska Air Group in a research note on Friday, April 17th. Zacks Research raised Alaska Air Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 6th. TD Cowen restated a “buy” rating on shares of Alaska Air Group in a research report on Friday, June 5th. UBS Group reaffirmed a “buy” rating and issued a $62.00 target price (up from $56.00) on shares of Alaska Air Group in a report on Tuesday. Finally, The Goldman Sachs Group cut their price target on Alaska Air Group from $68.00 to $61.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Eleven research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $62.46.

Read Our Latest Stock Report on ALK

About Alaska Air Group

(Free Report)

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.

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Institutional Ownership by Quarter for Alaska Air Group (NYSE:ALK)

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