Entropy Technologies LP Invests $461,000 in Allegiant Travel Company $ALGT

Entropy Technologies LP bought a new position in shares of Allegiant Travel Company (NASDAQ:ALGT) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,691 shares of the transportation company’s stock, valued at approximately $461,000.

Other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its stake in Allegiant Travel by 0.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 828,012 shares of the transportation company’s stock worth $70,607,000 after purchasing an additional 7,228 shares in the last quarter. Par Capital Management Inc. grew its position in shares of Allegiant Travel by 11.1% during the second quarter. Par Capital Management Inc. now owns 584,996 shares of the transportation company’s stock valued at $32,146,000 after purchasing an additional 58,566 shares in the last quarter. State Street Corp grew its position in shares of Allegiant Travel by 0.4% during the fourth quarter. State Street Corp now owns 567,340 shares of the transportation company’s stock valued at $48,377,000 after purchasing an additional 2,282 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Allegiant Travel by 15.4% in the third quarter. Franklin Resources Inc. now owns 549,287 shares of the transportation company’s stock worth $33,380,000 after purchasing an additional 73,360 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its holdings in shares of Allegiant Travel by 14.2% in the third quarter. Jacobs Levy Equity Management Inc. now owns 433,668 shares of the transportation company’s stock worth $26,354,000 after purchasing an additional 53,800 shares during the last quarter. 85.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Allegiant Travel in a research report on Friday, May 29th. Zacks Research downgraded Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 1st. Morgan Stanley upped their price objective on Allegiant Travel from $100.00 to $115.00 and gave the stock an “equal weight” rating in a report on Monday, July 6th. JPMorgan Chase & Co. started coverage on Allegiant Travel in a research report on Wednesday, July 1st. They set an “overweight” rating and a $156.00 target price for the company. Finally, Melius Research raised shares of Allegiant Travel from a “hold” rating to a “buy” rating and set a $160.00 target price for the company in a report on Tuesday, July 7th. Ten investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $128.08.

Allegiant Travel Stock Down 5.8%

Shares of NASDAQ ALGT opened at $95.69 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 1.52. Allegiant Travel Company has a 12-month low of $42.56 and a 12-month high of $123.63. The firm’s 50-day moving average price is $99.01 and its 200-day moving average price is $92.00. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of -47.84, a P/E/G ratio of 0.26 and a beta of 1.51.

Allegiant Travel (NASDAQ:ALGT) last released its quarterly earnings results on Thursday, April 30th. The transportation company reported $3.77 EPS for the quarter, topping the consensus estimate of $3.40 by $0.37. Allegiant Travel had a positive return on equity of 10.07% and a negative net margin of 1.30%.The company had revenue of $732.43 million during the quarter, compared to analyst estimates of $711.01 million. During the same quarter last year, the business posted $2.11 earnings per share. The firm’s revenue was up 4.8% on a year-over-year basis. On average, equities research analysts anticipate that Allegiant Travel Company will post 7.5 EPS for the current fiscal year.

Key Headlines Impacting Allegiant Travel

Here are the key news stories impacting Allegiant Travel this week:

• Positive Sentiment: Allegiant will begin offering complimentary beverages on all flights starting Aug. 1, 2026, and plans to introduce “Allegiant First” premium seating on select aircraft in spring 2027. The initiatives may improve customer satisfaction, strengthen the airline’s competitive position and create opportunities for higher ancillary revenue. Allegiant Adds Free Drinks, Introduces New Class of Premium Seating
• Neutral Sentiment: Zacks Research maintained a “Hold” rating. Its forecasts indicate improving profitability beyond 2026, with projected EPS of $7.53 for fiscal 2026, $12.83 for fiscal 2027 and $12.97 for fiscal 2028. However, these are estimates rather than new company guidance and do not represent a meaningful change in the investment view.
• Negative Sentiment: Zacks said Allegiant Travel does not currently have the combination of factors typically associated with a likely earnings beat in its upcoming report. That caution may be weighing on the stock ahead of results, particularly because estimates point to uneven quarterly performance, including projected EPS of only $0.10 in the third quarter of 2026. Allegiant Travel Earnings Expected to Grow: Should You Buy?
• Negative Sentiment: The complimentary beverage program and upgraded seating will likely increase operating and service costs before their financial benefits are proven. With Allegiant already carrying elevated leverage and recent profitability pressure, investors may remain focused on whether the new offerings can generate sufficient demand and pricing power.

Allegiant Travel Company Profile

Allegiant Travel Company is a holding company that operates Allegiant Air, a low?cost leisure airline offering scheduled and charter air service. The company focuses on connecting underserved secondary markets with popular vacation destinations across the United States. By targeting price?sensitive leisure travelers, Allegiant Air operates a point?to?point network that avoids the traditional hub?and?spoke model, providing non?stop flights from smaller cities to resort and entertainment hubs.

In addition to its core flight operations, Allegiant Travel Company offers packaged travel services that include hotel accommodations, rental cars and attraction tickets through its online portal.