WINTON GROUP Ltd Buys 270,358 Shares of JetBlue Airways Corporation $JBLU

WINTON GROUP Ltd boosted its stake in JetBlue Airways Corporation (NASDAQ:JBLU) by 95.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 553,212 shares of the transportation company’s stock after purchasing an additional 270,358 shares during the quarter. WINTON GROUP Ltd owned approximately 0.15% of JetBlue Airways worth $3,170,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Quantinno Capital Management LP increased its holdings in JetBlue Airways by 509.5% during the 1st quarter. Quantinno Capital Management LP now owns 649,600 shares of the transportation company’s stock worth $2,871,000 after acquiring an additional 543,017 shares during the period. Counterpoint Mutual Funds LLC purchased a new position in shares of JetBlue Airways during the 2nd quarter valued at $6,890,000. GSA Capital Partners LLP purchased a new position in shares of JetBlue Airways during the 2nd quarter valued at $1,725,000. Renaissance Technologies LLC increased its holdings in shares of JetBlue Airways by 235.9% in the first quarter. Renaissance Technologies LLC now owns 2,246,200 shares of the transportation company’s stock worth $9,928,000 after purchasing an additional 1,577,500 shares during the period. Finally, Great Lakes Advisors LLC purchased a new stake in shares of JetBlue Airways in the second quarter worth $1,375,000. 83.71% of the stock is currently owned by institutional investors.

Trending Headlines about JetBlue Airways

Here are the key news stories impacting JetBlue Airways this week:

• Positive Sentiment: JetBlue raised its third-quarter revenue outlook and reported that travel demand remained strong, supporting expectations for continued passenger growth. JetBlue Raises Revenue Outlook Despite Cost Headwinds
• Positive Sentiment: JetBlue also raised its revenue per available seat mile outlook, indicating that pricing and passenger revenue trends are stronger than previously expected. JetBlue lowers Q3 capacity outlook but raises RASM outlook
• Neutral Sentiment: Barclays lowered its JBLU price target from $7 to $5 and maintained an “equal weight” rating. The new target still implies potential upside, but the reduction reflects more cautious expectations.
• Neutral Sentiment: Reported short-interest data showed zero shares short and a zero-day days-to-cover ratio, suggesting no meaningful short-selling signal; however, the figures appear inconsistent and may be unreliable.
• Negative Sentiment: JetBlue lowered its third-quarter capacity-growth forecast to 1.5%-3.5%, from 3%-6%, citing summer disruptions and unfavorable weather. Slower capacity growth could limit revenue opportunities. JetBlue Cuts Capacity-Growth Outlook
• Negative Sentiment: The airline increased its third-quarter fuel-price forecast as geopolitical tensions, including the Iran war, keep fuel costs elevated. Higher fuel expense is likely to pressure margins despite strong demand. JetBlue raises third-quarter fuel price forecast
• Negative Sentiment: UBS cut its price target from $5 to $4 and assigned a “sell” rating, signaling concern that rising costs and operational challenges could outweigh the stronger revenue outlook.

Insiders Place Their Bets

In related news, CFO Ursula Hurley sold 77,253 shares of the stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $5.76, for a total transaction of $444,977.28. Following the completion of the sale, the chief financial officer directly owned 211,099 shares in the company, valued at $1,215,930.24. This represents a 26.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 81,253 shares of company stock worth $465,897. Corporate insiders own 2.41% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on JBLU. Susquehanna boosted their target price on JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. Citigroup lowered JetBlue Airways from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $6.60 to $5.30 in a report on Friday, August 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JetBlue Airways in a research note on Friday, July 17th. Wall Street Zen lowered shares of JetBlue Airways from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. Finally, Barclays cut their price target on shares of JetBlue Airways from $7.00 to $5.00 and set an “equal weight” rating for the company in a research note on Friday. Seven equities research analysts have rated the stock with a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, JetBlue Airways presently has an average rating of “Reduce” and a consensus price target of $5.41.

JetBlue Airways Price Performance

Shares of JetBlue Airways stock opened at $4.40 on Friday. The company has a debt-to-equity ratio of 5.04, a quick ratio of 0.63 and a current ratio of 0.70. JetBlue Airways Corporation has a 52-week low of $3.87 and a 52-week high of $6.62. The company has a fifty day moving average of $5.34 and a 200-day moving average of $5.12. The stock has a market capitalization of $1.66 billion, a price-to-earnings ratio of -1.84 and a beta of 1.70.

JetBlue Airways (NASDAQ:JBLU) last posted its quarterly earnings results on Tuesday, July 28th. The transportation company reported ($0.66) earnings per share for the quarter, topping the consensus estimate of ($0.69) by $0.03. JetBlue Airways had a negative net margin of 9.32% and a negative return on equity of 45.92%. The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.69 billion. During the same period in the previous year, the firm posted ($0.21) earnings per share. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. Equities research analysts expect that JetBlue Airways Corporation will post -2.33 EPS for the current year.

About JetBlue Airways

JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.

The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.