Sun Country Airlines Holdings, Inc. $SNCY Shares Acquired by Comerica Bank

Key Points

• Comerica Bank significantly increased its stake in Sun Country Airlines by 1,874.3% in Q1, now holding approximately 0.52% of the company’s shares.
• Multiple brokerages have adjusted their price targets on Sun Country Airlines, with the average price target now set at $17.38 and a consensus rating of "Moderate Buy."
• Sun Country Airlines reported earnings of $0.14 per share for the last quarter, surpassing estimates, with revenue up 3.6% year-over-year.

Comerica Bank raised its holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 1,874.3% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 275,374 shares of the company's stock after acquiring an additional 261,426 shares during the quarter. Comerica Bank owned approximately 0.52% of Sun Country Airlines worth $3,393,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BNP Paribas Financial Markets bought a new position in shares of Sun Country Airlines in the fourth quarter worth about $74,000. Aquatic Capital Management LLC bought a new position in Sun Country Airlines in the 4th quarter worth about $102,000. GAMMA Investing LLC raised its stake in shares of Sun Country Airlines by 1,390.3% during the first quarter. GAMMA Investing LLC now owns 9,881 shares of the company's stock valued at $122,000 after acquiring an additional 9,218 shares in the last quarter. State of Wyoming raised its stake in shares of Sun Country Airlines by 102.7% during the fourth quarter. State of Wyoming now owns 8,411 shares of the company's stock valued at $123,000 after acquiring an additional 4,262 shares in the last quarter. Finally, Aigen Investment Management LP purchased a new stake in shares of Sun Country Airlines in the first quarter valued at approximately $133,000.

Sun Country Airlines Stock Down 4.4%

Shares of SNCY stock traded down $0.60 during mid-day trading on Thursday, hitting $12.90. 500,871 shares of the stock traded hands, compared to its average volume of 961,371. Sun Country Airlines Holdings, Inc. has a 52-week low of $8.10 and a 52-week high of $18.59. The stock has a market cap of $687.83 million, a P/E ratio of 12.18, a P/E/G ratio of 0.32 and a beta of 1.62. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.63 and a quick ratio of 0.59. The stock's fifty day moving average is $12.22 and its two-hundred day moving average is $12.18.

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

Analysts Set New Price Targets

SNCY has been the topic of several research reports. Evercore ISI reduced their price objective on Sun Country Airlines from $20.00 to $19.00 and set an "outperform" rating on the stock in a report on Monday, August 4th. Morgan Stanley dropped their target price on shares of Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Monday, August 4th. Finally, Susquehanna restated a "neutral" rating and issued a $11.00 price target (down previously from $12.00) on shares of Sun Country Airlines in a report on Tuesday, August 5th. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $17.38.

Insider Activity at Sun Country Airlines

In other news, VP John Gyurci sold 3,150 shares of the firm's stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $11.49, for a total value of $36,193.50. Following the completion of the sale, the vice president owned 26,122 shares of the company's stock, valued at $300,141.78. This trade represents a 10.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 9,372 shares of company stock worth $110,365. Corporate insiders own 5.00% of the company's stock.

About Sun Country Airlines

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.