Alaska Air Group, Inc. $ALK Shares Bought by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC lifted its holdings in shares of Alaska Air Group, Inc. (NYSE:ALK) by 62.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 156,859 shares of the transportation company’s stock after buying an additional 60,204 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Alaska Air Group were worth $7,890,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in ALK. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Alaska Air Group by 19,661.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,235,901 shares of the transportation company’s stock worth $62,166,000 after buying an additional 1,229,647 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of Alaska Air Group by 1,563.7% during the third quarter. BNP Paribas Financial Markets now owns 1,092,368 shares of the transportation company’s stock worth $54,378,000 after buying an additional 1,026,710 shares during the period. Balyasny Asset Management L.P. acquired a new stake in shares of Alaska Air Group during the third quarter worth about $48,583,000. Generate Investment Management Ltd acquired a new stake in shares of Alaska Air Group during the fourth quarter worth about $40,240,000. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Alaska Air Group by 24.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,962,620 shares of the transportation company’s stock worth $149,020,000 after buying an additional 588,119 shares during the period. Institutional investors and hedge funds own 81.90% of the company’s stock.

Alaska Air Group Trading Down 3.1%

Shares of Alaska Air Group stock opened at $44.58 on Tuesday. Alaska Air Group, Inc. has a 12-month low of $33.03 and a 12-month high of $65.88. The company has a current ratio of 0.43, a quick ratio of 0.39 and a debt-to-equity ratio of 1.29. The stock has a market cap of $4.97 billion, a PE ratio of 84.12 and a beta of 1.25. The company has a 50-day moving average of $39.99 and a two-hundred day moving average of $45.61.

Alaska Air Group (NYSE:ALK) last issued its earnings results on Monday, April 20th. The transportation company reported ($1.68) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.61) by ($0.07). Alaska Air Group had a net margin of 0.51% and a return on equity of 4.96%. The company had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.31 billion. During the same period last year, the business posted ($0.77) earnings per share. The company’s quarterly revenue was up 5.2% on a year-over-year basis. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. On average, research analysts anticipate that Alaska Air Group, Inc. will post -1.01 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group decreased their target price on shares of Alaska Air Group from $68.00 to $61.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Susquehanna decreased their target price on shares of Alaska Air Group from $55.00 to $50.00 and set a “positive” rating for the company in a research note on Wednesday, April 22nd. Weiss Ratings downgraded shares of Alaska Air Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. BMO Capital Markets increased their target price on shares of Alaska Air Group from $42.50 to $55.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Bank of America decreased their target price on shares of Alaska Air Group from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Eleven analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Alaska Air Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.

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.