Sun Country Airlines Holdings, Inc. $SNCY Stake Lifted by Public Sector Pension Investment Board

Key Points

• The Public Sector Pension Investment Board increased its holdings in Sun Country Airlines by 27.8%, owning 124,709 shares worth approximately $1.54 million.
• Sun Country Airlines reported earnings per share of $0.14 for the last quarter, surpassing estimates, with a revenue of $263.62 million, reflecting a 3.6% year-over-year increase.
• Several analysts have revised their price targets for Sun Country Airlines, with a consensus target price of $17.38, indicating a generally positive outlook from the market.

Public Sector Pension Investment Board increased its position in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 27.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,709 shares of the company's stock after acquiring an additional 27,102 shares during the period. Public Sector Pension Investment Board owned about 0.23% of Sun Country Airlines worth $1,536,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Canada Pension Plan Investment Board purchased a new position in shares of Sun Country Airlines in the fourth quarter valued at approximately $60,000. BNP Paribas Financial Markets purchased a new position in shares of Sun Country Airlines in the 4th quarter valued at about $74,000. Aquatic Capital Management LLC purchased a new stake in shares of Sun Country Airlines during the 4th quarter worth approximately $102,000. Quarry LP boosted its stake in Sun Country Airlines by 355.0% in the fourth quarter. Quarry LP now owns 7,894 shares of the company's stock valued at $115,000 after acquiring an additional 6,159 shares in the last quarter. Finally, State of Wyoming grew its stake in Sun Country Airlines by 102.7% during the 4th quarter. State of Wyoming now owns 8,411 shares of the company's stock worth $123,000 after buying an additional 4,262 shares during the last quarter.

Sun Country Airlines Stock Up 8.7%

SNCY stock traded up $1.01 during midday trading on Friday, hitting $12.63. 697,335 shares of the company's stock were exchanged, compared to its average volume of 1,039,440. The stock has a market capitalization of $673.43 million, a price-to-earnings ratio of 11.92, a price-to-earnings-growth ratio of 0.30 and a beta of 1.61. The firm has a 50 day moving average price of $11.89 and a 200-day moving average price of $12.36. The company has a current ratio of 0.63, a quick ratio of 0.59 and a debt-to-equity ratio of 0.72. Sun Country Airlines Holdings, Inc. has a 12-month low of $8.10 and a 12-month high of $18.59.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. The company had revenue of $263.62 million during the quarter, compared to analyst estimates 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 business earned $0.06 EPS. Sun Country Airlines has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current year.

Insider Buying and Selling

In other news, VP John Gyurci sold 3,150 shares of Sun Country Airlines 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 completion of the transaction, the vice president owned 26,122 shares in the company, valued at approximately $300,141.78. This trade represents a 10.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders sold 9,372 shares of company stock worth $110,365. Company insiders own 5.00% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on SNCY shares. Morgan Stanley reduced their target price on shares of Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Monday, August 4th. TD Cowen boosted their target price on shares of Sun Country Airlines from $14.00 to $20.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Evercore ISI lowered their target price on shares of 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 set a $11.00 price target (down previously from $12.00) on shares of Sun Country Airlines in a research note on Tuesday, August 5th. Finally, JPMorgan Chase & Co. lowered their target price on Sun Country Airlines from $23.00 to $20.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price 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.