Hsbc Holdings PLC Acquires 49,762 Shares of Alaska Air Group, Inc. $ALK

Hsbc Holdings PLC boosted its stake in Alaska Air Group, Inc. (NYSE:ALK) by 144.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,257 shares of the transportation company’s stock after purchasing an additional 49,762 shares during the period. Hsbc Holdings PLC’s holdings in Alaska Air Group were worth $4,234,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ALK. Generate Investment Management Ltd bought a new position in shares of Alaska Air Group during the fourth quarter worth about $40,240,000. JPMorgan Chase & Co. boosted its holdings in Alaska Air Group by 29.1% in the third quarter. JPMorgan Chase & Co. now owns 206,172 shares of the transportation company’s stock valued at $10,263,000 after acquiring an additional 46,445 shares during the last quarter. ARGA Investment Management LP increased its position in Alaska Air Group by 200.3% during the 4th quarter. ARGA Investment Management LP now owns 754,321 shares of the transportation company’s stock valued at $37,942,000 after purchasing an additional 503,167 shares during the period. Lighthouse Investment Partners LLC acquired a new stake in Alaska Air Group during the 3rd quarter valued at approximately $4,194,000. Finally, CM Management LLC bought a new position in Alaska Air Group during the 3rd quarter worth approximately $1,244,000. 81.90% of the stock is owned by institutional investors.

Alaska Air Group News Roundup

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

• Positive Sentiment: Zacks Research raised multiple earnings forecasts for Alaska Air Group, including higher estimates for Q2 2026, Q3 2026, Q4 2026, FY2026, Q2 2027, FY2027, and FY2028, suggesting improving profitability expectations over time. Alaska Air Group analyst estimate updates
• Positive Sentiment: News about Alaska Air Group’s Starlink Wi?Fi rollout is drawing attention to its competitive strategy, which could help the airline differentiate its service and support customer loyalty. Is Alaska Air Group’s (ALK) Starlink Wi?Fi Rollout a Signal on Its Competitive Strategy?
• Neutral Sentiment: Zacks Research continues to rate the stock a “Hold,” so while estimates improved, analysts are not turning fully bullish yet.
• Neutral Sentiment: The company still has consensus full-year earnings of about ($0.72) per share for the current year, underscoring that near-term fundamentals remain weak.

Alaska Air Group Stock Performance

Shares of Alaska Air Group stock opened at $53.82 on Friday. Alaska Air Group, Inc. has a one year low of $33.03 and a one year high of $65.88. The firm has a market capitalization of $6.00 billion, a price-to-earnings ratio of 101.54 and a beta of 1.29. The business has a 50-day simple moving average of $43.30 and a 200 day simple moving average of $46.26. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.43 and a quick ratio of 0.39.

Alaska Air Group (NYSE:ALK) last posted its quarterly earnings results on Monday, April 20th. The transportation company reported ($1.68) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.61) by ($0.07). The firm had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.31 billion. Alaska Air Group had a return on equity of 4.96% and a net margin of 0.51%.The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period last year, the company posted ($0.77) earnings per share. 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 -0.7 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on ALK shares. Weiss Ratings lowered shares of Alaska Air Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, June 1st. Susquehanna lowered 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. Bank of America dropped their target price on shares of Alaska Air Group from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Citigroup reaffirmed a “sell” rating and set a $47.00 price target (up from $32.00) on shares of Alaska Air Group in a research report on Friday. Finally, Wall Street Zen upgraded Alaska Air Group from a “strong sell” rating to a “sell” rating in a report on Saturday, June 6th. Eleven equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $63.62.

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.