Independent Financial Group LLC Takes Position in United Airlines Holdings Inc $UAL

Independent Financial Group LLC purchased a new position in United Airlines Holdings Inc (NASDAQ:UAL) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,890 shares of the transportation company’s stock, valued at approximately $450,000.

A number of other large investors also recently modified their holdings of UAL. Bison Wealth LLC purchased a new position in United Airlines during the fourth quarter valued at approximately $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in United Airlines by 24.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company’s stock worth $2,753,000 after purchasing an additional 7,713 shares in the last quarter. Focus Partners Wealth boosted its holdings in United Airlines by 92.7% in the 1st 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 United Airlines by 23.5% in the 2nd quarter. First Trust Advisors LP now owns 292,580 shares of the transportation company’s stock valued at $23,298,000 after purchasing an additional 55,728 shares during the period. Finally, Cresset Asset Management LLC grew its position in shares of United Airlines by 73.5% during the 2nd quarter. Cresset Asset Management LLC now owns 9,410 shares of the transportation company’s stock valued at $749,000 after purchasing an additional 3,987 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. The Goldman Sachs Group upped 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. UBS Group boosted their target price on United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Morgan Stanley upped their target price on United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Citigroup raised their price target on United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of United Airlines in a research report on Friday, July 17th. Sixteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $156.79.

United Airlines Stock Performance

NASDAQ UAL opened at $115.35 on Friday. United Airlines Holdings Inc has a 52-week low of $82.42 and a 52-week high of $138.77. The company has a fifty day moving average of $116.29 and a 200-day moving average of $106.76. The company has a market capitalization of $37.44 billion, a P/E ratio of 10.79, a P/E/G ratio of 0.87 and a beta of 1.25. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78.

United Airlines (NASDAQ:UAL) last released its earnings results on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The business had revenue of $17.67 billion for the quarter, compared to analysts’ expectations of $17.62 billion. During the same quarter in the prior year, the firm earned $3.87 earnings per share. The firm’s revenue was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, equities research analysts predict that United Airlines Holdings Inc will post 10.46 EPS for the current fiscal year.

Insider Activity

In other news, EVP Kate Gebo sold 34,669 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the transaction, the executive vice president directly owned 67,707 shares in the company, valued at approximately $7,136,994.87. This represents a 33.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Andrew P. Nocella sold 7,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $90.19, for a total value of $631,330.00. Following the transaction, the executive vice president directly owned 215,345 shares in the company, valued at approximately $19,421,965.55. This represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 96,381 shares of company stock worth $10,837,575. 0.86% of the stock is currently owned by insiders.

United Airlines Company 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.