After reaching an important support level, Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR) could be a good stock pick from a technical perspective. ASR recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, w ...

MEXICO CITY, Jan. 26, 2026 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), a leading international airport group with operations in Mexico, the United States, and Colombia, today announced that shareholders approved the following resolutions and considered the following matters at the General Ordinary Shareholders' Meeting held in Mexico City on January 26, 2026: General Ordinary Meeting Summary of Resolutions Special delegates of the Ordinary General Sharehold ...

Core Thesis - Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) is undergoing a strategic transformation to become a growth-driven airport platform in Latin America, with a current share price of $318.36 and trailing and forward P/E ratios of 12.85 and 14.97 respectively [1][3]. Financial Performance - ASR has historically maintained strong financial discipline, generating over USD 700 million in annual free cash flow and keeping net leverage as low as 0.2x, which allowed for a significant extraordinary dividend of USD 25.71 per ADR in 2025 [3]. - Despite a 25% year-to-date increase in share price, ASR's valuation remains modest at approximately 12.85x earnings [3]. Strategic Initiatives - The company plans to acquire Companhia de Participacoes em Concessoes for USD 936 million, which will add 20 airports across Brazil, Ecuador, Costa Rica, and Curacao, with shareholder approval expected on January 26, 2026 [4]. - This acquisition, along with the recent purchase of URW Airports, will significantly expand ASR's operational footprint and growth potential while introducing leverage [4]. Market Positioning - The strategic shift positions ASR for a potential rerating as a regional airport powerhouse by 2026, presenting an attractive risk-reward profile at current valuation levels [5]. - The company is transitioning from a conservative, cash-rich business model to one focused on growth through acquisitions and expansion [4][6].

Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic of 6.7 million in December 2025, marking a year-on-year increase of 0.4% compared to December 2024 [1][2] Passenger Traffic Summary - Passenger traffic in Colombia increased by 6.0%, driven by a 6.3% rise in international traffic and a 5.9% increase in domestic traffic [2][4] - In Mexico, passenger traffic decreased by 0.4%, with international traffic down by 0.1% and domestic traffic down by 0.8% [2][4] - Puerto Rico experienced a decline of 4.2% in total passenger traffic, despite a 0.3% increase in international traffic, which was offset by a 4.8% decrease in domestic traffic [2][4] Year-to-Date Traffic - For the year-to-date figures, total passenger traffic in Mexico decreased by 2.0% to 40.6 million, while Colombia's traffic increased by 4.0% to 17.3 million [4][5] - Domestic traffic in Mexico saw a slight decrease of 0.6%, while Colombia's domestic traffic increased by 1.8% [4][5] Airport Operations - ASUR operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia, with Cancun Airport being the most significant tourist destination [6] - The company is also a 60% joint venture partner in Aerostar Airport Holdings, which operates Luis Muñoz Marín International Airport in San Juan, Puerto Rico [6]

Core Viewpoint - The article discusses the investment insights and research provided by Ian Bezek, a former hedge fund analyst, focusing on high-quality compounders and growth stocks in Latin America and developed markets [2]. Group 1 - Ian Bezek has a decade of experience conducting on-the-ground research in Latin America, specifically in markets such as Mexico, Colombia, and Chile [2]. - The investing group led by Ian, called Ian's Insider Corner, offers features like a Weekend Digest, trade alerts, and direct access to Ian for members [2]. - The group emphasizes the importance of identifying high-quality growth stocks at reasonable prices [2].

Core Insights - Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) has completed the acquisition of URW Airports, LLC for an enterprise value of $295 million, enhancing its presence in the U.S. airport retail sector [1][2][3] Company Overview - ASUR operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia, with a focus on maintaining and developing airport infrastructure [3][5] - The company is also a 60% joint venture partner in Aerostar Airport Holdings, LLC, which operates Luis Muñoz Marín International Airport in Puerto Rico [5] Acquisition Details - The acquisition involves ASUR US Commercial Airports, LLC acquiring all equity interests of URW Airports, LLC from Unibail-Rodamco-Westfield's subsidiary [2] - The newly acquired entity will be rebranded as ASUR Airports, LLC, which will manage commercial programs at major U.S. airport terminals [2][4] Strategic Expansion - This acquisition represents a strategic move for ASUR to expand its U.S. airport retail concessions operations, thereby enhancing its commercial capabilities and footprint in the market [3][6] - ASUR Airports will manage key terminals at Los Angeles International Airport, Chicago O'Hare International Airport, and John F. Kennedy International Airport, focusing on delivering elevated travel experiences [4][6]

Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic of 5.9 million in November 2025, marking a year-over-year increase of 1.5% compared to November 2024 [1][2][4] Passenger Traffic Summary - Passenger traffic in Colombia increased by 5.9%, driven by an 8.7% rise in international traffic and a 5.1% increase in domestic traffic [2][4] - In Mexico, passenger traffic grew by 1.0%, with international traffic up by 2.1% while domestic traffic saw a slight decline of 0.1% [2][4] - Puerto Rico experienced a decrease in total passenger traffic by 2.9%, despite a 5.1% increase in international traffic, which was offset by a 4.0% decline in domestic traffic [2][4] Year-to-Date Performance - Year-to-date figures for Mexico show a total of 36.8 million passengers, reflecting a decline of 2.1% compared to the previous year [4] - Colombia's year-to-date passenger traffic reached 15.6 million, representing a growth of 3.8% [4] - San Juan, Puerto Rico, reported a year-to-date total of 12.4 million passengers, an increase of 3.8% [4] Traffic Breakdown by Region - In Mexico, domestic traffic totaled approximately 3.67 million in November 2025, while international traffic was about 1.72 million [4][5] - Colombia's domestic traffic was around 1.16 million, with international traffic at approximately 333,000 [4][5] - San Juan's domestic traffic was about 871,000, and international traffic reached approximately 138,000 [4][5] Company Overview - ASUR operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia, with a significant presence in tourist destinations [6] - The company is also a 60% joint venture partner in Aerostar Airport Holdings, which operates Luis Muñoz Marín International Airport in San Juan, Puerto Rico [6]

Core Insights - Grupo Aeroportuario del Sureste (ASUR) has entered into a purchase agreement with Motiva to acquire Companhia de Participações em Concessões (CPC) for R$5,000 million (US$936 million), with an implied enterprise value of R$13,700 million (US$2,566 million) [1][2] Group 1: Acquisition Details - CPC owns equity interests in 20 airports across Brazil, Ecuador, Costa Rica, and Curaçao, including major airports such as Quito International Airport and Juan Santamaria International Airport [2][3] - The portfolio reported an EBITDA of R$2,000 million (US$375 million) for the twelve-month period ending September 30, 2025, and net financial debt of R$6,300 million (US$1,180 million) [2] Group 2: Strategic Implications - This acquisition will expand ASUR's presence into four new markets in Latin America and the Caribbean, adding over 45 million passengers to ASUR's existing 71 million reported in 2024, solidifying its position as the leading airport operator in the Americas [3] - Out of the 20 airports in CPC's portfolio, 17 have more than 15 years remaining in their concession life, indicating long-term revenue potential [3] Group 3: Transaction Logistics - The transaction is expected to close in the first half of 2026, subject to customary conditions, and will be funded through cash on hand and committed debt financing from JPMorgan Chase Bank [4] - J.P. Morgan Securities LLC is serving as the exclusive financial advisor for ASUR, with several legal advisors involved in the transaction [4]

Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic of 5.3 million in October 2025, marking a year-on-year increase of 1.0% compared to October 2024 [1][4] Passenger Traffic Summary - Passenger traffic in Colombia increased by 5.1% year-on-year, driven by a 14.8% rise in international traffic and a 2.5% increase in domestic traffic [2][4] - In Mexico, passenger traffic decreased by 0.2%, with a 0.5% decline in domestic traffic nearly offset by a 0.1% increase in international traffic [2][4] - Puerto Rico experienced a 1.7% decline in passenger traffic, despite a 10.8% increase in international traffic, which was more than offset by a 3.6% decrease in domestic traffic [2][4] Detailed Traffic Breakdown - For Mexico, total passenger traffic in October 2025 was 2,962,147, down from 2,969,438 in October 2024, with year-to-date figures showing a decline of 2.5% [4][5] - Domestic traffic in Mexico for October 2025 was 1,657,685, a decrease of 0.5% from the previous year, while international traffic slightly increased by 0.1% to 1,304,462 [4][5] - In Puerto Rico, total passenger traffic was 855,798 in October 2025, down 1.7% from the previous year, with domestic traffic at 729,237, a decrease of 3.6%, and international traffic at 126,561, an increase of 10.8% [4][5] - Colombia's total passenger traffic reached 1,503,803 in October 2025, up 5.1% year-on-year, with domestic traffic at 1,168,412 (up 2.5%) and international traffic at 335,391 (up 14.8%) [4][5] Year-to-Date Performance - Year-to-date passenger traffic for Mexico was 33,443,544, reflecting a decline of 2.5% compared to the previous year [4][5] - Year-to-date figures for Puerto Rico showed an increase to 11,399,130, up 4.4% from the previous year [4][5] - Colombia's year-to-date passenger traffic reached 14,139,199, a 3.6% increase compared to the previous year [4][5] Company Overview - Grupo Aeroportuario del Sureste operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia, with a significant presence in international travel [6]

Core Insights - Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) has submitted an offer to Motiva Infraestrutura de Mobilidade S.A. for participation in airports located in Brazil, Ecuador, Curaçao, and Costa Rica, with no agreements signed yet [1] Company Overview - ASUR is a leading international airport operator managing 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia [2] - Cancun Airport is highlighted as the most significant tourist destination in Mexico, the Caribbean, and Latin America, while Medellin International Airport is noted as the second busiest in Colombia [2] - ASUR holds a 60% joint venture stake in Aerostar Airport Holdings, LLC, which operates Luis Muñoz Marín International Airport in San Juan, Puerto Rico, the primary gateway for international and mainland U.S. destinations [2] - The company is listed on both the Mexican Bolsa (ASUR) and the NYSE (ASR), with one American Depositary Share (ADS) representing ten series B shares [2]