Engineers Gate Manager LP raised its stake in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 405.4% during the fourth quarter, Holdings Channel reports. The firm owned 336,906 shares of the transportation company’s stock after purchasing an additional 270,246 shares during the period. Engineers Gate Manager LP’s holdings in United Airlines were worth $37,673,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Legacy Wealth Managment LLC ID acquired a new position in shares of United Airlines in the 4th quarter valued at $25,000. JPL Wealth Management LLC purchased a new position in United Airlines in the third quarter valued at approximately $29,000. BOCHK Asset Management Ltd purchased a new position in United Airlines in the fourth quarter valued at approximately $34,000. Motiv8 Investments LLC purchased a new position in United Airlines in the fourth quarter valued at approximately $35,000. Finally, JFS Wealth Advisors LLC raised its holdings in United Airlines by 51.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the transportation company’s stock valued at $36,000 after buying an additional 108 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently commented on UAL. UBS Group raised their price target on shares of United Airlines from $139.00 to $148.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Wells Fargo & Company cut their price target on shares of United Airlines from $145.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday, March 16th. Weiss Ratings restated a “hold (c+)” rating on shares of United Airlines in a report on Monday, April 20th. Wall Street Zen upgraded shares of United Airlines from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, BMO Capital Markets increased their target price on United Airlines from $110.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, United Airlines currently has a consensus rating of “Moderate Buy” and a consensus target price of $134.59.
United Airlines Stock Performance
NASDAQ:UAL opened at $115.83 on Thursday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.70 and a quick ratio of 0.64. The firm has a 50-day moving average of $100.61 and a two-hundred day moving average of $103.88. The stock has a market cap of $37.59 billion, a P/E ratio of 10.34, a PEG ratio of 0.98 and a beta of 1.27. United Airlines Holdings Inc has a 1-year low of $71.55 and a 1-year high of $124.79.
United Airlines (NASDAQ:UAL – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The transportation company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.11. The company had revenue of $14.61 billion during the quarter, compared to analysts’ expectations of $14.19 billion. United Airlines had a net margin of 6.06% and a return on equity of 24.33%. The firm’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.91 EPS. United Airlines has set its FY 2026 guidance at 7.000-11.000 EPS and its Q2 2026 guidance at 1.000-2.000 EPS. On average, research analysts expect that United Airlines Holdings Inc will post 9.63 earnings per share for the current fiscal year.
Insider Buying and Selling at United Airlines
In related news, EVP Andrew P. Nocella sold 7,000 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $90.19, for a total value of $631,330.00. Following the sale, the executive vice president directly owned 215,345 shares of the company’s stock, valued at $19,421,965.55. This represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kate Gebo sold 34,669 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the completion of the sale, the executive vice president directly owned 67,707 shares in the company, valued at $7,136,994.87. This represents a 33.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 96,381 shares of company stock valued at $10,837,575 in the last ninety days. Insiders own 0.86% of the company’s stock.
United Airlines Company Profile
United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.
In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.
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