Fifth Third Bancorp raised its holdings in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 345.0% during the first quarter, HoldingsChannel reports. The fund owned 62,280 shares of the transportation company’s stock after purchasing an additional 48,285 shares during the quarter. Fifth Third Bancorp’s holdings in United Airlines were worth $5,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently made changes to their positions in the stock. Legacy Wealth Managment LLC ID bought a new position in shares of United Airlines in the fourth quarter worth $25,000. JPL Wealth Management LLC bought a new stake in shares of United Airlines during the 3rd quarter valued at $29,000. Cache Advisors LLC bought a new stake in shares of United Airlines during the 1st quarter valued at $33,000. BOCHK Asset Management Ltd purchased a new stake in United Airlines during the 4th quarter worth about $34,000. Finally, Motiv8 Investments LLC purchased a new stake in United Airlines during the 4th quarter worth about $35,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.
United Airlines Trading Down 1.8%
Shares of United Airlines stock opened at $118.81 on Friday. United Airlines Holdings Inc has a 1 year low of $82.42 and a 1 year high of $138.77. The firm has a market cap of $38.56 billion, a PE ratio of 11.11, a PEG ratio of 0.88 and a beta of 1.25. 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 company has a 50 day simple moving average of $114.30 and a two-hundred day simple moving average of $106.59.
Wall Street Analyst Weigh In
A number of research firms have weighed in on UAL. Jefferies Financial Group reduced their target price on United Airlines from $118.00 to $112.00 and set a “buy” rating for the company in a report on Monday, April 27th. Wall Street Zen raised shares of United Airlines from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. The Goldman Sachs Group increased their price target on shares of United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Barclays boosted their price objective on shares of United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Finally, Zacks Research raised shares of United Airlines from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. Sixteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, United Airlines presently has an average rating of “Moderate Buy” and an average target price of $151.91.
View Our Latest Stock Analysis on United Airlines
Key United Airlines News
Here are the key news stories impacting United Airlines this week:
- Positive Sentiment: United reported Q2 EPS of $1.99, ahead of estimates, on revenue of $17.67 billion, also slightly above Wall Street forecasts, showing that strong travel demand and premium pricing are still supporting results. United (UAL) Stock Looks Fair On Cash Flow While Earnings Hint Lower
- Positive Sentiment: The company raised its 2026 full-year adjusted EPS guidance to $9.00 to $11.00, signaling management still expects solid profitability despite higher costs. United Airlines Lifts Outlook as Higher Fares Blunt Turbulent Fuel Prices
- Positive Sentiment: Management said premium travel demand and stronger yields helped offset some of the fuel pressure, reinforcing the view that United’s premiumization strategy is working. United Airlines: Q2 Earnings Confirm Premiumization Is Working
- Neutral Sentiment: The stock remains in a valuation middle ground, with some commentary suggesting it still looks reasonably priced on cash flow, but not obviously cheap enough to ignore near-term risks. United (UAL) Stock Looks Fair On Cash Flow While Earnings Hint Lower
- Negative Sentiment: Investors are focusing on United’s warning that higher jet fuel prices could add nearly $6 billion to 2026 expenses, which is pressuring margins and weighing on the stock. United Airlines warns higher fuel costs could add nearly $6 billion to expenses in 2026 (UAL)
- Negative Sentiment: United’s third-quarter EPS outlook of $2.50 to $3.50 came in below consensus, fueling concern that near-term earnings could miss expectations even after the Q2 beat. United Airlines shares fall as weak outlook overshadows Q2 earnings beat
Insider Transactions at United Airlines
In related news, CEO J Scott Kirby sold 1,078 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $120.74, for a total value of $130,157.72. Following the completion of the transaction, the chief executive officer directly owned 797,851 shares in the company, valued at approximately $96,332,529.74. The trade was a 0.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kate Gebo sold 5,331 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total value of $562,473.81. Following the completion of the transaction, the executive vice president directly owned 60,393 shares in the company, valued at approximately $6,372,065.43. This represents a 8.11% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 96,381 shares of company stock valued at $10,837,575. Insiders own 0.86% of the company’s stock.
United Airlines 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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