VIRGINIA RETIREMENT SYSTEMS ET Al Reduces Stock Holdings in SkyWest, Inc. $SKYW

Posted by Brenda Bartman on May 17th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al cut its holdings in SkyWest, Inc. (NASDAQ:SKYW – Free Report) by 42.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,800 shares of the transportation company’s stock after selling 7,300 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in SkyWest were worth $984,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SKYW. American Century Companies Inc. increased its holdings in shares of SkyWest by 3.0% during the third quarter. American Century Companies Inc. now owns 1,612,098 shares of the transportation company’s stock valued at $162,209,000 after acquiring an additional 46,744 shares in the last quarter. Public Sector Pension Investment Board boosted its stake in SkyWest by 10.1% in the 3rd quarter. Public Sector Pension Investment Board now owns 172,424 shares of the transportation company’s stock worth $17,349,000 after purchasing an additional 15,793 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in SkyWest by 9.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 148,225 shares of the transportation company’s stock worth $14,883,000 after purchasing an additional 12,635 shares during the last quarter. Teacher Retirement System of Texas grew its position in SkyWest by 189.7% during the 3rd quarter. Teacher Retirement System of Texas now owns 19,044 shares of the transportation company’s stock worth $1,916,000 after purchasing an additional 12,470 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd increased its stake in SkyWest by 217.8% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 36,837 shares of the transportation company’s stock valued at $3,707,000 after purchasing an additional 25,246 shares in the last quarter. Institutional investors and hedge funds own 81.30% of the company’s stock.

Insider Activity at SkyWest

In other news, insider Wade J. Steel sold 20,629 shares of SkyWest stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $106.53, for a total transaction of $2,197,607.37. Following the completion of the transaction, the insider directly owned 77,438 shares of the company’s stock, valued at $8,249,470.14. The trade was a 21.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is owned by insiders.

SkyWest Stock Performance

Shares of SKYW stock opened at $81.25 on Friday. SkyWest, Inc. has a 52-week low of $80.00 and a 52-week high of $123.94. The company has a quick ratio of 0.51, a current ratio of 0.62 and a debt-to-equity ratio of 0.66. The stock has a market cap of $3.22 billion, a PE ratio of 7.79, a price-to-earnings-growth ratio of 1.17 and a beta of 1.48. The business has a 50-day simple moving average of $90.41 and a 200-day simple moving average of $97.33.

SkyWest (NASDAQ:SKYW – Get Free Report) last posted its earnings results on Thursday, April 23rd. The transportation company reported $2.50 EPS for the quarter, topping the consensus estimate of $2.15 by $0.35. SkyWest had a return on equity of 15.55% and a net margin of 10.42%.The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $993.06 million. During the same period last year, the company earned $2.42 earnings per share. SkyWest’s revenue for the quarter was up 6.8% compared to the same quarter last year. On average, equities analysts expect that SkyWest, Inc. will post 10.69 EPS for the current year.

Wall Street Analysts Forecast Growth

SKYW has been the subject of a number of research analyst reports. Citigroup decreased their price target on shares of SkyWest from $101.00 to $95.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Weiss Ratings reissued a “buy (b-)” rating on shares of SkyWest in a report on Thursday, January 22nd. Cantor Fitzgerald set a $122.00 target price on SkyWest in a research report on Monday, January 26th. Finally, TD Cowen reduced their target price on SkyWest from $106.00 to $98.00 and set a “buy” rating for the company in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $117.00.

Check Out Our Latest Report on SKYW

SkyWest Company Profile

(Free Report)

SkyWest, Inc (NASDAQ: SKYW) is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.