Vanguard Group Inc. Purchases 437,550 Shares of Sun Country Airlines Holdings, Inc. $SNCY

Key Points

• Vanguard Group Inc. increased its holdings in Sun Country Airlines by 9.5%, owning approximately 9.47% of the company, valued at about $62.07 million.
• Analysts have set varying price targets for Sun Country Airlines, with a consensus target of $17.38, and a mix of "Buy" and "Hold" ratings from research firms.
• Sun Country Airlines' stock recently traded at $12.82, with reported earnings exceeding analysts' expectations and quarterly revenue up 3.6% year-over-year.

Vanguard Group Inc. boosted its position in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 9.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 5,037,727 shares of the company's stock after purchasing an additional 437,550 shares during the quarter. Vanguard Group Inc. owned about 9.47% of Sun Country Airlines worth $62,065,000 at the end of the most recent reporting period.

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

Sun Country Airlines Stock Performance

Shares of NASDAQ:SNCY traded up $0.01 during trading on Thursday, hitting $13.08. The company's stock had a trading volume of 473,333 shares, compared to its average volume of 966,129. 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 firm has a market cap of $697.59 million, a price-to-earnings ratio of 12.35, a P/E/G ratio of 0.31 and a beta of 1.61. The company has a 50-day moving average of $12.00 and a 200-day moving average of $12.31. 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 earnings results on Thursday, July 31st. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates 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 business had revenue of $263.62 million during the quarter, compared to analysts' expectations of $256.04 million. During the same period in the prior year, the company earned $0.06 earnings per share. The firm's revenue was up 3.6% on a year-over-year basis. Sun Country Airlines has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Insider Buying and Selling

In related 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 directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders sold 9,372 shares of company stock valued at $110,365. 5.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Morgan Stanley lowered their price target 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. JPMorgan Chase & Co. lowered their target price 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. 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 report on Tuesday, August 5th. TD Cowen boosted their price objective on shares of Sun Country Airlines from $14.00 to $20.00 and gave the company a "buy" rating in a report on Tuesday, May 6th. Finally, Evercore ISI lowered their price objective 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. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Sun Country Airlines currently has a consensus rating of "Moderate Buy" and an average price target of $17.38.

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.