$PAC

Grupo Aeroportuario del Pacífico (GAP) reported a 7.3% decrease in passenger traffic across its 12 Mexican airports in September 2026 compared to 2025, with notable declines at Tijuana, Puerto Vallarta, and Los Cabos. The drop was attributed to reduced airline seat capacity and weather disruptions. In Jamaica, Montego Bay and Kingston airports saw decreases of 16.6% and 3.8%, respectively. GAP's shares trade on NYSE (PAC) and BMV (GAP).

HSBC upgraded Grupo Aeroportuario del Pacifico (PAC) to Buy with a 480 peso target. The stock is near its 52-week low, down 33% from its high. Passenger traffic grew 1.2% in July and 0.5% in August. The company reported Q2 earnings below expectations but grew EBITDA by 8.4%. Morgan Stanley also upgraded PAC to Equalweight with a $225 target.

iShares Global Infrastructure ETF (IGF) reported $17.6M in net buying on Sept 30, including a new $112.5M stake in Consolidated Edison (ED). Other notable buys were Grupo Aeroportuario del Pacifico (PAC) and Grupo Aeroportuario del Centro Norte (OMAB). IGF also sold out of PG&E (PCG) and trimmed positions in Cheniere Energy (LNG) and Williams (WMB).

Analysts made several calls on Thursday, including Truist initiating Nebius with a Buy rating and $355 price target, Deutsche Bank initiating Clover Health with a Buy rating and $6 target, and Wells Fargo upgrading Synopsys and Yum Brands. Morgan Stanley initiated Revolution Medicine and upgraded TC Energy and DT Midstream. JPMorgan upgraded Meta to Overweight with an $820 target and reiterated Tesla as Neutral.

Grupo Aeroportuario del Pacífico (NYSE: PAC, BMV: GAP) reported preliminary July 2026 passenger traffic. Total passengers rose 1.2% year over year to 5.906 million. Domestic passengers increased 6.1% to 3.533 million, while international fell 5.3% to 2.373 million. Guadalajara and Tijuana rose 13.2% and 7.2%, respectively; Puerto Vallarta and Los Cabos declined.

Grupo Aeroportuario del Pacífico (NYSE:PAC) reported Q2 results on an earnings call. Aeronautical revenue fell 3.2% due to lower passenger traffic and Mexican peso appreciation, while non-aeronautical revenue rose 23.9% on GAP-operated businesses and CBX consolidation. CBX generated MXN 168m revenue in May-June. 2026 guidance: passenger traffic -3% to flat, aeronautical revenue +1% to +4%, non-aeronautical +21% to +24%, EBITDA +10% to +12%.

Pacific Edge (cancer diagnostics) reported FY to April operating revenue of $11.5m (-47.4%) and total revenue of $13.6m (-44.7%), with net loss after tax of $35.8m. The drop followed Novitas’ denial of Medicare coverage for Cxbladder tests in the US. Pacific Edge raised $36.1m from existing investors and says a draft Medicare determination could restore coverage for Triage/Triage Plus, with Triage Plus priced at $US1328.

Pacific Assets Trust plc (LON:PAC) shares rose above their 50-day moving average on Friday, trading up to GBX 408 and last at GBX 407. The 50-day moving average is GBX 384.41 (200-day: GBX 377.73). The article cites a £465.05m market cap and recent quarterly results (EPS GBX 5.60; revenue GBX 991m).

Grupo Aeroportuario del Pacífico (GAP) announced it paid off its Ps.1.12 billion GAP 23L bond using proceeds from a new Ps.1.12 billion, 12-month credit facility with Scotiabank Inverlat. This new facility features an interest rate of TIIE Funding +44 basis points, monthly interest payments, principal at maturity, and no fees or prepayment costs. The move continues GAP's strategy of active balance-sheet management and debt refinancing.

Grupo Aeroportuario del Pacífico (PAC) reported a 5.5% year-on-year decrease in terminal passenger traffic for February 2026, primarily due to disruptions from Hurricane Melissa and flight cancellations in Jalisco. While some Mexican locations like Los Cabos saw growth, key airports in Mexico and Jamaica experienced declines. Spark, TipRanks' AI Analyst, rates PAC as Neutral, citing solid profitability and 2026 guidance balanced against elevated leverage and mixed valuation.