Wells Fargo & Company Initiates Coverage on United Airlines (NASDAQ:UAL)

Equities researchers at Wells Fargo & Company started coverage on shares of United Airlines (NASDAQ:UAL) in a research note issued to investors on Thursday, Marketbeat.com reports. The brokerage set an “overweight” rating on the transportation company’s stock.

Other equities research analysts have also issued reports about the stock. TD Cowen lifted their target price on shares of United Airlines from $127.00 to $138.00 and gave the company a “buy” rating in a research report on Monday, October 20th. Morgan Stanley restated an “overweight” rating and set a $140.00 target price on shares of United Airlines in a report on Friday, October 17th. Barclays raised their price target on United Airlines from $115.00 to $135.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Susquehanna increased their price objective on United Airlines from $109.00 to $115.00 and gave the company a “positive” rating in a research note on Friday, October 3rd. Finally, Loop Capital set a $110.00 price target on shares of United Airlines in a report on Tuesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $128.27.

United Airlines Trading Up 2.3%

United Airlines stock opened at $112.85 on Thursday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.61 and a current ratio of 0.67. United Airlines has a fifty-two week low of $52.00 and a fifty-two week high of $116.00. The stock has a market cap of $36.53 billion, a P/E ratio of 11.31, a PEG ratio of 0.98 and a beta of 1.30. The firm’s fifty day moving average price is $99.71 and its 200-day moving average price is $94.82.

United Airlines (NASDAQ:UAL) last posted its earnings results on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, topping the consensus estimate of $2.65 by $0.13. The business had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.31 billion. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.The firm’s revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the business earned $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Equities research analysts forecast that United Airlines will post 12.96 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO J Scott Kirby sold 120,000 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $107.86, for a total transaction of $12,943,200.00. Following the sale, the chief executive officer directly owned 666,535 shares of the company’s stock, valued at $71,892,465.10. This trade represents a 15.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.71% of the stock is currently owned by insiders.

Institutional Trading of United Airlines

Large investors have recently made changes to their positions in the stock. Apella Capital LLC raised its stake in shares of United Airlines by 0.3% during the 3rd quarter. Apella Capital LLC now owns 36,617 shares of the transportation company’s stock valued at $3,595,000 after buying an additional 108 shares during the last quarter. Murphy & Mullick Capital Management Corp grew its holdings in United Airlines by 20.5% during the third quarter. Murphy & Mullick Capital Management Corp now owns 669 shares of the transportation company’s stock worth $63,000 after acquiring an additional 114 shares during the period. Rosenberg Matthew Hamilton raised its position in United Airlines by 14.2% during the second quarter. Rosenberg Matthew Hamilton now owns 935 shares of the transportation company’s stock valued at $74,000 after acquiring an additional 116 shares in the last quarter. Pinnacle Associates Ltd. lifted its holdings in 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. Finally, AXA S.A. boosted its position in United Airlines by 0.8% in the 2nd quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock worth $1,231,000 after purchasing an additional 121 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.

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.