United Airlines Holdings Inc $UAL Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA decreased its position in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 13.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,834,710 shares of the transportation company’s stock after selling 2,964,935 shares during the period. United Airlines comprises 1.2% of Primecap Management Co. CA’s investment portfolio, making the stock its 26th biggest position. Primecap Management Co. CA owned approximately 5.82% of United Airlines worth $1,499,808,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Hemington Wealth Management boosted its stake in shares of United Airlines by 50.6% in the first quarter. Hemington Wealth Management now owns 476 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 160 shares during the period. WPG Advisers LLC purchased a new stake in United Airlines during the 1st quarter worth approximately $32,000. Eastern Bank acquired a new stake in United Airlines during the 1st quarter worth approximately $35,000. Banque Transatlantique SA purchased a new position in United Airlines in the 1st quarter valued at approximately $35,000. Finally, Strategic Investment Solutions Inc. IL grew its stake in shares of United Airlines by 44.0% in the second quarter. Strategic Investment Solutions Inc. IL now owns 579 shares of the transportation company’s stock worth $46,000 after acquiring an additional 177 shares in the last quarter. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

United Airlines Trading Up 2.2%

UAL opened at $91.92 on Wednesday. United Airlines Holdings Inc has a 52 week low of $52.00 and a 52 week high of $116.00. The firm has a market cap of $29.76 billion, a price-to-earnings ratio of 9.21, a price-to-earnings-growth ratio of 0.89 and a beta of 1.45. The business’s 50 day moving average is $98.80 and its two-hundred day moving average is $91.00. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 1.45.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $15.31 billion. During the same quarter last year, the company posted $3.33 earnings per share. The business’s revenue was up 2.6% on a year-over-year basis. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. On average, research analysts predict that United Airlines Holdings Inc will post 12.96 EPS for the current year.

Wall Street Analysts Forecast Growth

UAL has been the topic of several analyst reports. JPMorgan Chase & Co. increased their price objective on United Airlines from $149.00 to $156.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Evercore ISI upped their price target on United Airlines from $105.00 to $135.00 and gave the stock an “outperform” rating in a report on Monday, September 29th. TD Cowen lifted their price objective on United Airlines from $127.00 to $138.00 and gave the company a “buy” rating in a research note on Monday, October 20th. Jefferies Financial Group upped their target price on shares of United Airlines from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Finally, Weiss Ratings cut shares of United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, United Airlines currently has an average rating of “Buy” and a consensus price target of $125.38.

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.