EntryPoint Capital LLC Invests $682,000 in Sun Country Airlines Holdings, Inc. $SNCY

Key Points

• EntryPoint Capital LLC has acquired a new stake in Sun Country Airlines Holdings, purchasing 55,348 shares valued at approximately $682,000, marking it as the 25th largest holding in their portfolio.
• Various institutional investors have changed their holdings in Sun Country Airlines, including a 17.2% increase by the New York State Teachers Retirement System, demonstrating growing institutional interest in the airline.
• Sun Country Airlines reported Q2 earnings of $0.14 EPS, exceeding analysts' estimates, while also increasing its revenue by 3.6% year-over-year.

EntryPoint Capital LLC purchased a new position in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 55,348 shares of the company's stock, valued at approximately $682,000. Sun Country Airlines comprises about 0.3% of EntryPoint Capital LLC's holdings, making the stock its 25th largest holding. EntryPoint Capital LLC owned approximately 0.10% of Sun Country Airlines as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SNCY. Vanguard Group Inc. lifted its holdings in Sun Country Airlines by 9.5% in the 1st quarter. Vanguard Group Inc. now owns 5,037,727 shares of the company's stock worth $62,065,000 after purchasing an additional 437,550 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Sun Country Airlines by 34.0% during the 4th quarter. Ameriprise Financial Inc. now owns 3,118,136 shares of the company's stock worth $45,467,000 after buying an additional 791,669 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Sun Country Airlines by 24.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,912,664 shares of the company's stock worth $27,887,000 after buying an additional 374,221 shares during the period. American Century Companies Inc. grew its stake in Sun Country Airlines by 20.5% in the 1st quarter. American Century Companies Inc. now owns 1,681,820 shares of the company's stock valued at $20,720,000 after buying an additional 285,872 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in 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 acquiring an additional 264,976 shares during the period.

Sun Country Airlines Stock Performance

Sun Country Airlines stock traded down $0.2470 on Monday, hitting $12.3830. The company's stock had a trading volume of 92,967 shares, compared to its average volume of 972,222. Sun Country Airlines Holdings, Inc. has a one year low of $8.10 and a one year high of $18.59. The firm has a market cap of $660.26 million, a P/E ratio of 11.67, a price-to-earnings-growth ratio of 0.30 and a beta of 1.61. The company has a quick ratio of 0.59, a current ratio of 0.63 and a debt-to-equity ratio of 0.72. The company has a fifty day moving average price of $11.89 and a 200-day moving average price of $12.33.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. The company had revenue of $263.62 million during the quarter, compared to the consensus estimate of $256.04 million. Sun Country Airlines had a net margin of 5.35% and a return on equity of 10.53%. The firm's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period last year, the firm earned $0.06 EPS. 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.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other news, VP John Gyurci sold 3,150 shares of the company's stock in a transaction that occurred 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 sale, the vice president directly owned 26,122 shares in the company, valued at approximately $300,141.78. This represents a 10.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders sold 9,372 shares of company stock worth $110,365 over the last 90 days. 4.60% of the stock is currently owned by insiders.

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.