Hsbc Holdings PLC Grows Stock Holdings in Alaska Air Group, Inc. $ALK

Hsbc Holdings PLC grew its stake in Alaska Air Group, Inc. (NYSE:ALK) by 122.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 187,496 shares of the transportation company’s stock after purchasing an additional 103,239 shares during the period. Hsbc Holdings PLC’s holdings in Alaska Air Group were worth $6,845,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Atlas Capital Advisors Inc. purchased a new position in Alaska Air Group during the fourth quarter worth approximately $26,000. First Command Advisory Services Inc. grew its holdings in Alaska Air Group by 242.5% in the 4th quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock valued at $34,000 after buying an additional 485 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in shares of Alaska Air Group by 30.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock worth $46,000 after acquiring an additional 212 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Alaska Air Group in the 3rd quarter worth $90,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Alaska Air Group by 194.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,276 shares of the transportation company’s stock worth $113,000 after acquiring an additional 1,504 shares during the period. Institutional investors and hedge funds own 81.90% of the company’s stock.

Alaska Air Group Stock Up 0.9%

Shares of NYSE:ALK opened at $44.75 on Friday. The business has a 50-day moving average price of $46.34 and a 200 day moving average price of $45.85. The company has a current ratio of 0.55, a quick ratio of 0.39 and a debt-to-equity ratio of 1.58. The company 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, Inc. has a 12-month low of $33.03 and a 12-month high of $65.88.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings data on Tuesday, July 21st. The transportation company reported ($0.92) earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $4.09 billion. During the same period in the previous year, the firm earned $1.42 EPS. Alaska Air Group’s revenue was up 9.7% on a year-over-year basis. Alaska Air Group has set its Q3 2026 guidance at 0.000-1.000 EPS. Sell-side analysts expect that Alaska Air Group, Inc. will post -0.06 EPS for the current year.

Analyst Upgrades and Downgrades

ALK has been the topic of several recent research reports. Morgan Stanley lowered their price target on shares of Alaska Air Group from $80.00 to $78.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Barclays set a $65.00 price objective on shares of Alaska Air Group and gave the stock an “overweight” rating in a research report on Wednesday. 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 note on Thursday, July 2nd. Zacks Research upgraded shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 6th. Finally, Bank of America raised their price target on shares of Alaska Air Group from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Eleven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Alaska Air Group currently has an average rating of “Moderate Buy” and a consensus price target of $66.73.

Alaska Air Group News Roundup

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 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.