Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 508,374 shares of the transportation company’s stock, valued at approximately $69,134,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.16% of United Airlines at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Root Financial Partners LLC raised its holdings in United Airlines by 5.3% in the 4th quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock valued at $206,000 after buying an additional 93 shares during the last quarter. AXA S.A. grew its holdings in United Airlines by 0.8% during the 2nd quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock worth $1,231,000 after acquiring an additional 121 shares during the last quarter. SJS Investment Consulting Inc. grew its holdings in United Airlines by 17.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock worth $79,000 after acquiring an additional 125 shares during the last quarter. Fielder Capital Group LLC increased its position in United Airlines by 5.4% in the 4th quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock valued at $276,000 after acquiring an additional 127 shares during the period. Finally, Koshinski Asset Management Inc. increased its position in United Airlines by 3.7% in the 1st quarter. Koshinski Asset Management Inc. now owns 3,914 shares of the transportation company’s stock valued at $360,000 after acquiring an additional 138 shares during the period. 69.69% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of equities analysts have recently commented on the stock. BMO Capital Markets lifted their price target on shares of United Airlines from $130.00 to $157.50 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. TD Cowen increased their price objective on United Airlines from $150.00 to $176.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Barclays raised their target price on United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Bank of America lifted their target price on United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Finally, Sanford C. Bernstein upped their price target on United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Sixteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, United Airlines currently has an average rating of “Moderate Buy” and an average target price of $156.79.
Insider Buying and Selling at United Airlines
In other news, CEO J Scott Kirby sold 159,321 shares of United Airlines stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total value of $18,807,844.05. Following the completion of the transaction, the chief executive officer directly owned 797,851 shares of the company’s stock, valued at approximately $94,186,310.55. This trade represents a 16.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kate Gebo sold 5,331 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $105.51, for a total value of $562,473.81. Following the sale, the executive vice president directly owned 60,393 shares of the company’s stock, valued at $6,372,065.43. This represents a 8.11% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 306,010 shares of company stock valued at $35,949,843. 0.86% of the stock is owned by corporate insiders.
United Airlines Stock Down 2.5%
Shares of NASDAQ UAL opened at $115.78 on Thursday. The company has a market capitalization of $37.58 billion, a P/E ratio of 10.83, a price-to-earnings-growth ratio of 0.91 and a beta of 1.28. United Airlines Holdings Inc has a 52-week low of $84.64 and a 52-week high of $138.77. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78. The company’s 50 day moving average price is $124.06 and its 200-day moving average price is $108.45.
United Airlines (NASDAQ:UAL – Get Free Report) last posted its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The company had revenue of $17.67 billion during the quarter, compared to analysts’ expectations of $17.62 billion. During the same period in the prior year, the company posted $3.87 earnings per share. United Airlines’s revenue for the quarter was up 16.4% compared to the same quarter last year. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Equities analysts forecast that United Airlines Holdings Inc will post 10.38 earnings per share for the current year.
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.
Featured Stories
- Five stocks we like better than United Airlines
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Want to see what other hedge funds are holding UAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Airlines Holdings Inc (NASDAQ:UAL – Free Report).
Receive News & Ratings for United Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Airlines and related companies with MarketBeat.com's FREE daily email newsletter.
