Y Intercept Hong Kong Ltd Increases Stake in Alaska Air Group, Inc. $ALK

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

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. William Blair Investment Management LLC grew its stake in Alaska Air Group by 13,557.0% during the 2nd quarter. William Blair Investment Management LLC now owns 625,764 shares of the transportation company’s stock valued at $30,963,000 after acquiring an additional 621,182 shares in the last quarter. Frontier Capital Management Co. LLC boosted its holdings in shares of Alaska Air Group by 78.4% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,009,317 shares of the transportation company’s stock worth $49,941,000 after purchasing an additional 443,572 shares during the last quarter. Norges Bank acquired a new stake in shares of Alaska Air Group in the second quarter valued at approximately $21,485,000. Massachusetts Financial Services Co. MA lifted its position 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 in the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new position in Alaska Air Group during the third quarter worth approximately $9,492,000. 81.90% of the stock is owned by hedge funds and other institutional investors.

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 Stock Up 4.1%

Shares of NYSE ALK opened at $50.88 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.12. The business’s 50 day moving average is $47.94 and its two-hundred day moving average is $50.80. Alaska Air Group, Inc. has a 52-week low of $37.63 and a 52-week high of $78.08. The firm has a market cap of $5.90 billion, a price-to-earnings ratio of 58.48, a PEG ratio of 0.52 and a beta of 1.22.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.11 by $0.32. The business had revenue of $3.63 billion during the quarter, compared to analyst estimates of $3.64 billion. Alaska Air Group had a return on equity of 7.26% and a net margin of 0.70%.The company’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period last year, the business posted $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. Research analysts predict that Alaska Air Group, Inc. will post 6.03 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ALK shares. Weiss Ratings restated a “hold (c-)” rating on shares of Alaska Air Group in a report on Monday, December 29th. Cantor Fitzgerald set a $65.00 price target on shares of Alaska Air Group in a research report on Monday, November 3rd. TD Cowen restated a “buy” rating on shares of Alaska Air Group in a research report on Monday, November 3rd. Raymond James Financial reiterated an “outperform” rating and issued a $71.00 target price on shares of Alaska Air Group in a report on Friday, December 19th. Finally, Zacks Research raised shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $71.80.

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.