Alaska Air Group, Inc. $ALK Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its holdings in Alaska Air Group, Inc. (NYSE:ALK) by 2.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,348,163 shares of the transportation company’s stock after buying an additional 145,484 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.06% of Alaska Air Group worth $233,463,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of ALK. Atlas Capital Advisors Inc. acquired a new stake in shares of Alaska Air Group in the fourth quarter worth approximately $26,000. First Command Advisory Services Inc. grew its holdings in Alaska Air Group by 242.5% in the fourth quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 485 shares during the period. SBI Securities Co. Ltd. increased its position in Alaska Air Group by 30.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock worth $46,000 after purchasing an additional 212 shares during the last quarter. Parallel Advisors LLC increased its position in Alaska Air Group by 32.5% during the first quarter. Parallel Advisors LLC now owns 1,570 shares of the transportation company’s stock worth $58,000 after purchasing an additional 385 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new position in Alaska Air Group during the third quarter worth approximately $90,000. Institutional investors and hedge funds own 81.90% of the company’s stock.

Key Stories Impacting Alaska Air Group

Here are the key news stories impacting Alaska Air Group this week:

• Positive Sentiment: Revenue rose about 10% year over year to roughly $4.1 billion, showing that underlying demand remained solid despite the tougher cost environment.
• Positive Sentiment: The company said unit revenue growth remained strong and highlighted operational progress, suggesting the core business is still improving. Article Title
• Positive Sentiment: Alaska Air’s second-quarter adjusted loss of $0.92 per share was better than analysts expected, which offers some support for the stock. Article Title
• Neutral Sentiment: Management emphasized strategic growth and execution during the earnings call, but the market appears to be waiting for clearer evidence that margins can recover. Article Title
• Negative Sentiment: Fuel costs surged, with economic fuel expense up sharply and adding a large hit to quarterly profitability; this was the biggest drag on sentiment. Article Title
• Negative Sentiment: The third-quarter outlook came in below expectations, with guidance for adjusted EPS of $0 to $1, reinforcing concerns that higher fuel prices could keep earnings under pressure. Article Title
• Negative Sentiment: Reports also pointed to weaker Hawaii-related demand after rainstorms disrupted spring break travel, adding another near-term headwind to revenue and profitability. Article Title

Alaska Air Group Trading Up 0.9%

NYSE ALK opened at $44.75 on Friday. Alaska Air Group, Inc. has a one year low of $33.03 and a one year high of $65.88. The company’s 50 day moving average price is $46.34 and its 200 day moving average price is $45.85. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.39 and a current ratio of 0.55. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of -28.50 and a beta of 1.28.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings results on Tuesday, July 21st. The transportation company reported ($0.92) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.99) by $0.07. Alaska Air Group had a negative net margin of 1.19% and a negative return on equity of 3.11%. The firm had revenue of $4.07 billion for the quarter, compared to analysts’ expectations of $4.09 billion. During the same period in the previous year, the company posted $1.42 earnings per share. Alaska Air Group’s revenue was up 9.7% compared to the same quarter last year. Alaska Air Group has set its Q3 2026 guidance at 0.000-1.000 EPS. On average, sell-side analysts predict that Alaska Air Group, Inc. will post -0.06 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ALK. Zacks Research upgraded shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 6th. Evercore set a $60.00 price objective on Alaska Air Group in a report on Friday, April 17th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $69.00 target price (up from $58.00) on shares of Alaska Air Group in a research report on Thursday, July 2nd. Bank of America lifted their target price on Alaska Air Group from $60.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Finally, Weiss Ratings downgraded Alaska Air Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday. Eleven research 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. According to MarketBeat.com, Alaska Air Group currently has a consensus rating of “Moderate Buy” and an average target price of $66.73.

Alaska Air Group Company 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.