Truist Financial Corp trimmed its position in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 23.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,382 shares of the transportation company’s stock after selling 7,369 shares during the period. Truist Financial Corp’s holdings in United Airlines were worth $2,726,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of UAL. Bison Wealth LLC bought a new position in United Airlines during the fourth quarter valued at $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in United Airlines by 24.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company’s stock valued at $2,753,000 after purchasing an additional 7,713 shares during the period. Focus Partners Wealth grew its holdings in United Airlines by 92.7% during the first quarter. Focus Partners Wealth now owns 12,349 shares of the transportation company’s stock valued at $853,000 after purchasing an additional 5,939 shares during the period. First Trust Advisors LP boosted its holdings in shares of United Airlines by 23.5% in the second quarter. First Trust Advisors LP now owns 292,580 shares of the transportation company’s stock worth $23,298,000 after acquiring an additional 55,728 shares during the period. Finally, Cresset Asset Management LLC boosted its holdings in shares of United Airlines by 73.5% in the second quarter. Cresset Asset Management LLC now owns 9,410 shares of the transportation company’s stock worth $749,000 after acquiring an additional 3,987 shares during the period. 69.69% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the company. TD Cowen raised United Airlines from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of United Airlines in a research note on Monday, April 20th. Argus dropped their price objective on United Airlines from $140.00 to $135.00 and set a “buy” rating for the company in a research note on Thursday, January 22nd. Sanford C. Bernstein reissued an “outperform” rating and set a $136.00 price objective on shares of United Airlines in a research note on Tuesday, January 27th. Finally, Wall Street Zen upgraded United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, United Airlines has an average rating of “Buy” and a consensus price target of $132.18.
United Airlines Stock Down 0.8%
NASDAQ UAL opened at $95.84 on Wednesday. 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 stock has a market capitalization of $31.11 billion, a PE ratio of 8.56, a PEG ratio of 0.83 and a beta of 1.20. United Airlines Holdings Inc has a 1 year low of $71.55 and a 1 year high of $119.21. The business’s 50-day moving average is $93.88 and its 200 day moving average is $102.02.
United Airlines (NASDAQ:UAL – Get Free Report) last posted its earnings results on Tuesday, April 21st. The transportation company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.11. United Airlines had a return on equity of 24.33% and a net margin of 6.06%.The firm had revenue of $14.61 billion for the quarter, compared to the consensus estimate of $14.19 billion. During the same quarter in the prior year, the business earned $0.91 EPS. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. 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. Sell-side analysts forecast that United Airlines Holdings Inc will post 9.37 earnings per share for the current year.
Insiders Place Their Bets
In related news, EVP Andrew P. Nocella sold 7,000 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 215,345 shares in the company, valued at $19,421,965.55. The trade was a 3.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.86% of the stock is currently owned by insiders.
About United Airlines
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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