Lodge Hill Capital LLC Has $35.73 Million Stock Holdings in Alaska Air Group, Inc. $ALK

Lodge Hill Capital LLC boosted its position in Alaska Air Group, Inc. (NYSE:ALK) by 45.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 717,800 shares of the transportation company’s stock after acquiring an additional 225,000 shares during the quarter. Alaska Air Group makes up approximately 6.4% of Lodge Hill Capital LLC’s investment portfolio, making the stock its 6th largest holding. Lodge Hill Capital LLC’s holdings in Alaska Air Group were worth $35,732,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Allianz Asset Management GmbH raised its position in shares of Alaska Air Group by 40.1% during the third quarter. Allianz Asset Management GmbH now owns 173,610 shares of the transportation company’s stock valued at $8,642,000 after buying an additional 49,663 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new stake in shares of Alaska Air Group during the 2nd quarter worth approximately $594,000. Arista Wealth Management LLC acquired a new position in shares of Alaska Air Group in the third quarter valued at $417,000. Summit Investment Advisors Inc. acquired a new stake in Alaska Air Group during the first quarter worth $1,192,000. Finally, Friedenthal Financial bought a new stake in Alaska Air Group in the 3rd quarter valued at $979,000. Institutional investors and hedge funds own 81.90% of the company’s stock.

Alaska Air Group Stock Performance

ALK stock opened at $55.61 on Friday. The business’s fifty day moving average is $51.69 and its 200-day moving average is $51.05. The company has a market cap of $6.45 billion, a P/E ratio of 63.92, a price-to-earnings-growth ratio of 0.52 and a beta of 1.21. The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17. Alaska Air Group, Inc. has a twelve month low of $37.63 and a twelve month high of $78.08.

Alaska Air Group (NYSE:ALK) last released its earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.32. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.The firm had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.64 billion. During the same quarter in the prior year, the firm posted $0.97 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. 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. Equities research analysts forecast that Alaska Air Group, Inc. will post 6.03 EPS for the current year.

Insiders Place Their Bets

In other Alaska Air Group news, CFO Shane R. Tackett sold 10,000 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $55.00, for a total value of $550,000.00. Following the completion of the transaction, the chief financial officer directly owned 33,530 shares of the company’s stock, valued at approximately $1,844,150. The trade was a 22.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kyle B. Levine sold 2,945 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $60.02, for a total value of $176,758.90. Following the sale, the executive vice president directly owned 20,977 shares of the company’s stock, valued at approximately $1,259,039.54. The trade was a 12.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ALK shares. Raymond James Financial reissued an “outperform” rating and issued a $71.00 target price on shares of Alaska Air Group in a research note on Friday, December 19th. Barclays reaffirmed an “overweight” rating and issued a $70.00 price target (up previously from $60.00) on shares of Alaska Air Group in a research note on Monday, January 12th. Bank of America boosted their target price on shares of Alaska Air Group from $62.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. UBS Group set a $77.00 price target on Alaska Air Group and gave the company a “buy” rating in a report on Friday, December 12th. Finally, Susquehanna upped their target price on shares of Alaska Air Group from $52.00 to $70.00 and gave the stock a “positive” rating in a research report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $71.40.

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.