Denali Advisors LLC bought a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,907 shares of the transportation company’s stock, valued at approximately $391,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Rosenberg Matthew Hamilton lifted its holdings in shares of United Airlines by 14.2% during the second quarter. Rosenberg Matthew Hamilton now owns 935 shares of the transportation company’s stock worth $74,000 after buying an additional 116 shares in the last quarter. Wedbush Securities Inc. raised its stake in United Airlines by 3.3% in the first quarter. Wedbush Securities Inc. now owns 4,651 shares of the transportation company’s stock valued at $321,000 after purchasing an additional 147 shares in the last quarter. Foster Group Inc. raised its stake in United Airlines by 2.8% in the second quarter. Foster Group Inc. now owns 5,392 shares of the transportation company’s stock valued at $429,000 after purchasing an additional 148 shares in the last quarter. Principal Securities Inc. raised its stake in United Airlines by 2.0% in the first quarter. Principal Securities Inc. now owns 7,758 shares of the transportation company’s stock valued at $536,000 after purchasing an additional 149 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its stake in United Airlines by 15.6% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,110 shares of the transportation company’s stock valued at $77,000 after purchasing an additional 150 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.
Insider Transactions at United Airlines
In other news, Director Barney Harford sold 15,823 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $90.03, for a total value of $1,424,544.69. Following the completion of the transaction, the director owned 89,000 shares of the company’s stock, valued at $8,012,670. This represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Kate Gebo sold 29,953 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $97.59, for a total value of $2,923,113.27. Following the completion of the transaction, the executive vice president directly owned 45,496 shares of the company’s stock, valued at $4,439,954.64. This represents a 39.70% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 86,791 shares of company stock worth $8,147,918. 0.71% of the stock is owned by corporate insiders.
United Airlines Stock Performance
United Airlines (NASDAQ:UAL – Get Free Report) last released its earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.65 by $0.13. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.The firm had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.31 billion. During the same quarter in the previous year, the business posted $3.33 earnings per share. The business’s revenue for the quarter was up 2.6% on a year-over-year basis. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. As a group, analysts expect that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on UAL shares. Weiss Ratings downgraded United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Barclays boosted their price target on United Airlines from $115.00 to $135.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Evercore ISI boosted their price target on United Airlines from $105.00 to $135.00 and gave the company an “outperform” rating in a research note on Monday, September 29th. TD Cowen boosted their price target on United Airlines from $127.00 to $138.00 and gave the company a “buy” rating in a research note on Monday. Finally, UBS Group dropped their price target on United Airlines from $131.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, October 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, United Airlines presently has a consensus rating of “Buy” and a consensus target price of $124.93.
Get Our Latest Research Report on United Airlines
United Airlines Profile
United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.
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