Sun Country Airlines Holdings, Inc. $SNCY Holdings Lifted by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. has increased its stake in Sun Country Airlines Holdings, Inc. by 20.5%, now holding 429,058 shares valued at approximately $5.3 million.
• Multiple institutional investors have also recently increased their holdings, including GAMMA Investing LLC, which boosted its stake by 1,390.3% in the first quarter.
• Sun Country Airlines reported earnings of $0.14 EPS for the last quarter, surpassing analysts’ expectations and showing a year-over-year revenue increase of 3.6%.

Charles Schwab Investment Management Inc. raised its holdings in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 20.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 429,058 shares of the company's stock after acquiring an additional 73,025 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.81% of Sun Country Airlines worth $5,286,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of SNCY. Wells Fargo & Company MN raised its stake in shares of Sun Country Airlines by 38.1% in the 4th quarter. Wells Fargo & Company MN now owns 21,155 shares of the company's stock worth $308,000 after buying an additional 5,834 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Sun Country Airlines by 19.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,639,615 shares of the company's stock worth $23,906,000 after buying an additional 264,976 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Sun Country Airlines by 100.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 33,685 shares of the company's stock worth $491,000 after buying an additional 16,914 shares in the last quarter. State of Tennessee Department of Treasury raised its stake in shares of Sun Country Airlines by 54.2% in the 4th quarter. State of Tennessee Department of Treasury now owns 31,377 shares of the company's stock worth $457,000 after buying an additional 11,025 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Sun Country Airlines by 13.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 23,944 shares of the company's stock worth $350,000 after buying an additional 2,792 shares in the last quarter.

Insider Buying and Selling at Sun Country Airlines

In other news, VP John Gyurci sold 3,150 shares of Sun Country Airlines stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $11.49, for a total transaction of $36,193.50. Following the transaction, the vice president owned 26,122 shares in the company, valued at approximately $300,141.78. The trade was a 10.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 9,372 shares of company stock worth $110,365 in the last quarter. Insiders own 5.00% of the company's stock.

Sun Country Airlines Price Performance

Shares of NASDAQ SNCY traded up $0.20 during mid-day trading on Monday, reaching $13.25. The company had a trading volume of 663,084 shares, compared to its average volume of 830,479. The company has a current ratio of 0.63, a quick ratio of 0.59 and a debt-to-equity ratio of 0.72. The stock has a market cap of $706.44 million, a PE ratio of 12.50, a P/E/G ratio of 0.32 and a beta of 1.62. The company has a 50-day moving average price of $12.10 and a two-hundred day moving average price of $12.19. Sun Country Airlines Holdings, Inc. has a 1-year low of $8.10 and a 1-year high of $18.59.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. Sun Country Airlines had a return on equity of 10.53% and a net margin of 5.35%.The business had revenue of $263.62 million for the quarter, compared to analysts' expectations of $256.04 million. During the same period in the previous year, the firm posted $0.06 EPS. The company's quarterly revenue was up 3.6% on a year-over-year basis. Sun Country Airlines has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Wall Street Analyst Weigh In

SNCY has been the topic of a number of research reports. Susquehanna reissued a "neutral" rating and issued a $11.00 price objective (down previously from $12.00) on shares of Sun Country Airlines in a research note on Tuesday, August 5th. JPMorgan Chase & Co. dropped their price objective on Sun Country Airlines from $23.00 to $20.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Evercore ISI dropped their price objective on Sun Country Airlines from $20.00 to $19.00 and set an "outperform" rating on the stock in a research note on Monday, August 4th. TD Cowen lifted their target price on Sun Country Airlines from $14.00 to $20.00 and gave the stock a "buy" rating in a report on Tuesday, May 6th. Finally, Morgan Stanley decreased their target price on Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Monday, August 4th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $17.38.

Sun Country Airlines Company Profile

Sun Country Airlines Holdings, Inc, an air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. It operates through two segments, Passenger and Cargo. The company also provides crew, maintenance, and insurance services through ad hoc, repeat, short-term, and long-term service contracts; and loyalty program rewards.