U S Global Investors Inc. Has $21.94 Million Position in Alaska Air Group, Inc. $ALK

U S Global Investors Inc. lifted its holdings in Alaska Air Group, Inc. (NYSE:ALK) by 30.8% in the 1st quarter, Holdings Channel reports. The firm owned 596,572 shares of the transportation company’s stock after acquiring an additional 140,638 shares during the period. Alaska Air Group accounts for 2.6% of U S Global Investors Inc.’s portfolio, making the stock its 9th biggest holding. U S Global Investors Inc.’s holdings in Alaska Air Group were worth $21,942,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. SBI Securities Co. Ltd. boosted its position in shares of Alaska Air Group by 30.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock valued at $46,000 after buying an additional 212 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its position in 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 worth $1,305,000 after buying an additional 249 shares during the last quarter. Bradley Foster & Sargent Inc. CT lifted its stake in 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 acquiring an additional 281 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in Alaska Air Group by 1.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 23,499 shares of the transportation company’s stock valued at $864,000 after acquiring an additional 300 shares during the period. Finally, Thrivent Financial for Lutherans boosted 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 acquiring an additional 313 shares during the last quarter. 81.90% of the stock is owned by institutional investors.

Alaska Air Group Stock Performance

Shares of Alaska Air Group stock traded down $0.67 during trading hours on Friday, reaching $49.47. 1,952,455 shares of the stock traded hands, compared to its average volume of 3,025,237. The company has a 50 day moving average price of $45.11 and a 200 day moving average price of $46.19. The firm has a market capitalization of $5.51 billion, a price-to-earnings ratio of 93.33 and a beta of 1.28. Alaska Air Group, Inc. has a one year low of $33.03 and a one year high of $65.88. 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 (NYSE:ALK) last issued its quarterly earnings data on Monday, April 20th. The transportation company reported ($1.68) earnings per share for the quarter, missing the consensus estimate of ($1.61) by ($0.07). The business had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.31 billion. Alaska Air Group had a return on equity of 4.96% and a net margin of 0.51%.Alaska Air Group’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.77) EPS. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. On average, equities research analysts expect that Alaska Air Group, Inc. will post -0.25 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on ALK shares. Weiss Ratings upgraded shares of Alaska Air Group from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 1st. Wall Street Zen upgraded shares of Alaska Air Group from a “strong sell” rating to a “sell” rating in a report on Saturday, June 6th. BMO Capital Markets lifted their target price on shares of Alaska Air Group from $55.00 to $62.50 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Bank of America boosted their target price on shares of Alaska Air Group from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Finally, TD Cowen reissued a “buy” rating and set a $59.00 price target (up from $51.00) on shares of Alaska Air Group in a report on Thursday, July 2nd. Eleven investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $67.12.

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.