WINTON GROUP Ltd Grows Stake in JetBlue Airways Corporation $JBLU

WINTON GROUP Ltd raised its holdings in JetBlue Airways Corporation (NASDAQ:JBLU) by 95.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 553,212 shares of the transportation company’s stock after buying an additional 270,358 shares during the quarter. WINTON GROUP Ltd’s holdings in JetBlue Airways were worth $3,170,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Quantinno Capital Management LP boosted its holdings in JetBlue Airways by 509.5% in the first quarter. Quantinno Capital Management LP now owns 649,600 shares of the transportation company’s stock valued at $2,871,000 after acquiring an additional 543,017 shares in the last quarter. Counterpoint Mutual Funds LLC bought a new position in JetBlue Airways in the 2nd quarter worth $6,890,000. GSA Capital Partners LLP bought a new position in JetBlue Airways in the 2nd quarter worth $1,725,000. Renaissance Technologies LLC lifted its position in shares of JetBlue Airways by 235.9% in the 1st quarter. Renaissance Technologies LLC now owns 2,246,200 shares of the transportation company’s stock worth $9,928,000 after purchasing an additional 1,577,500 shares during the period. Finally, Great Lakes Advisors LLC bought a new stake in shares of JetBlue Airways during the 2nd quarter valued at about $1,375,000. 83.71% of the stock is owned by hedge funds and other institutional investors.

JetBlue Airways News Roundup

Here are the key news stories impacting JetBlue Airways this week:

• Positive Sentiment: JetBlue raised its third-quarter revenue outlook and reported that travel demand remained strong, supporting expectations for continued passenger growth. JetBlue Raises Revenue Outlook Despite Cost Headwinds
• Positive Sentiment: JetBlue also raised its revenue per available seat mile outlook, indicating that pricing and passenger revenue trends are stronger than previously expected. JetBlue lowers Q3 capacity outlook but raises RASM outlook
• Neutral Sentiment: Barclays lowered its JBLU price target from $7 to $5 and maintained an “equal weight” rating. The new target still implies potential upside, but the reduction reflects more cautious expectations.
• Neutral Sentiment: Reported short-interest data showed zero shares short and a zero-day days-to-cover ratio, suggesting no meaningful short-selling signal; however, the figures appear inconsistent and may be unreliable.
• Negative Sentiment: JetBlue lowered its third-quarter capacity-growth forecast to 1.5%-3.5%, from 3%-6%, citing summer disruptions and unfavorable weather. Slower capacity growth could limit revenue opportunities. JetBlue Cuts Capacity-Growth Outlook
• Negative Sentiment: The airline increased its third-quarter fuel-price forecast as geopolitical tensions, including the Iran war, keep fuel costs elevated. Higher fuel expense is likely to pressure margins despite strong demand. JetBlue raises third-quarter fuel price forecast
• Negative Sentiment: UBS cut its price target from $5 to $4 and assigned a “sell” rating, signaling concern that rising costs and operational challenges could outweigh the stronger revenue outlook.

JetBlue Airways Trading Up 0.2%

NASDAQ JBLU opened at $4.40 on Friday. JetBlue Airways Corporation has a 12 month low of $3.87 and a 12 month high of $6.62. The stock has a market cap of $1.66 billion, a P/E ratio of -1.84 and a beta of 1.70. The stock’s fifty day moving average price is $5.34 and its 200-day moving average price is $5.12. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 5.04.

JetBlue Airways (NASDAQ:JBLU) last posted its quarterly earnings results on Tuesday, July 28th. The transportation company reported ($0.66) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.69) by $0.03. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.69 billion. JetBlue Airways had a negative return on equity of 45.92% and a negative net margin of 9.32%.JetBlue Airways’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.21) EPS. As a group, equities analysts forecast that JetBlue Airways Corporation will post -2.33 EPS for the current fiscal year.

Insider Transactions at JetBlue Airways

In other news, CFO Ursula Hurley sold 77,253 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $5.76, for a total value of $444,977.28. Following the transaction, the chief financial officer owned 211,099 shares in the company, valued at approximately $1,215,930.24. This represents a 26.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 81,253 shares of company stock valued at $465,897 over the last three months. 2.41% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms recently issued reports on JBLU. BMO Capital Markets increased their price target on shares of JetBlue Airways from $6.00 to $6.75 and gave the stock a “market perform” rating in a research note on Wednesday, July 29th. Weiss Ratings reissued a “sell (d-)” rating on shares of JetBlue Airways in a research report on Friday, July 17th. The Goldman Sachs Group raised their target price on JetBlue Airways from $3.50 to $4.50 and gave the company a “sell” rating in a research note on Thursday, July 2nd. Seaport Research Partners cut JetBlue Airways from a “buy” rating to a “neutral” rating in a research note on Monday, August 17th. Finally, Bank of America increased their price objective on JetBlue Airways from $3.50 to $4.00 and gave the stock an “underperform” rating in a report on Wednesday, July 1st. Seven equities research analysts have rated the stock with a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat, JetBlue Airways has a consensus rating of “Reduce” and an average price target of $5.41.

About JetBlue Airways

JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.

The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.