State Board of Administration of Florida Retirement System Has $22.72 Million Stock Position in United Airlines Holdings Inc $UAL

State Board of Administration of Florida Retirement System grew its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 1.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 285,355 shares of the transportation company’s stock after acquiring an additional 4,320 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in United Airlines were worth $22,723,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in UAL. Rosenberg Matthew Hamilton increased its position in United Airlines by 14.2% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 935 shares of the transportation company’s stock worth $74,000 after buying an additional 116 shares during the period. Pinnacle Associates Ltd. boosted its position in shares of United Airlines by 1.1% in the second quarter. Pinnacle Associates Ltd. now owns 10,286 shares of the transportation company’s stock valued at $819,000 after acquiring an additional 116 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of United Airlines by 8.8% in the second quarter. Parkside Financial Bank & Trust now owns 1,759 shares of the transportation company’s stock worth $140,000 after acquiring an additional 143 shares during the last quarter. Foster Group Inc. increased its position in United Airlines by 2.8% during the second quarter. Foster Group Inc. now owns 5,392 shares of the transportation company’s stock worth $429,000 after acquiring an additional 148 shares during the period. Finally, Dynamic Technology Lab Private Ltd increased its position in United Airlines by 0.7% during the second quarter. Dynamic Technology Lab Private Ltd now owns 23,394 shares of the transportation company’s stock worth $1,863,000 after acquiring an additional 152 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.

United Airlines Stock Up 0.5%

Shares of NASDAQ UAL opened at $102.08 on Friday. United Airlines Holdings Inc has a 12-month low of $52.00 and a 12-month high of $116.00. The firm’s 50-day simple moving average is $97.27 and its 200 day simple moving average is $91.99. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 1.45. The company has a market cap of $33.05 billion, a price-to-earnings ratio of 10.23, a price-to-earnings-growth ratio of 0.89 and a beta of 1.45.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $2.65 by $0.13. The firm had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.31 billion. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.The business’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period last year, the company earned $3.33 EPS. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. On average, research analysts expect that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Barclays increased their target price on shares of United Airlines from $115.00 to $135.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. JPMorgan Chase & Co. raised their price objective on United Airlines from $149.00 to $156.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Weiss Ratings lowered United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 8th. Wall Street Zen cut United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Evercore ISI upped their target price on United Airlines from $105.00 to $135.00 and gave the company an “outperform” rating in a research note on Monday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $125.67.

United Airlines Company 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.