PensionDanmark Pensionsforsikringsaktieselskab Increases Stock Position in United Airlines Holdings Inc $UAL

PensionDanmark Pensionsforsikringsaktieselskab increased its position in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 198.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,981 shares of the transportation company’s stock after purchasing an additional 4,641 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in United Airlines were worth $949,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID purchased a new stake in shares of United Airlines during the 4th quarter valued at $25,000. Western Wealth Management LLC bought a new position in United Airlines in the 1st quarter worth approximately $27,000. JPL Wealth Management LLC bought a new position in shares of United Airlines in the third quarter worth $29,000. Cache Advisors LLC bought a new position in United Airlines in the 1st quarter worth about $33,000. Finally, Motiv8 Investments LLC purchased a new position in United Airlines during the fourth quarter valued at approximately $35,000. 69.69% of the stock is owned by institutional investors.

Insider Transactions at United Airlines

In other news, EVP Torbjorn J. Enqvist sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $119.91, for a total value of $2,398,200.00. Following the completion of the transaction, the executive vice president owned 114,800 shares in the company, valued at $13,765,668. This trade represents a 14.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO J Scott Kirby sold 159,321 shares of the firm’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the transaction, the chief executive officer directly owned 797,851 shares of the company’s stock, valued at $94,186,310.55. This represents a 16.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 306,010 shares of company stock worth $35,949,843. 0.86% of the stock is owned by insiders.

United Airlines Price Performance

UAL opened at $123.76 on Tuesday. 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 stock has a market capitalization of $40.17 billion, a PE ratio of 11.58, a price-to-earnings-growth ratio of 0.96 and a beta of 1.28. The stock’s 50 day moving average price is $121.71 and its 200-day moving average price is $107.67. United Airlines Holdings Inc has a 52-week low of $84.64 and a 52-week high of $138.77.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating 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 business had revenue of $17.67 billion for the quarter, compared to analysts’ expectations of $17.62 billion. During the same quarter in the previous year, the business posted $3.87 earnings per share. The firm’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. On average, equities research analysts predict that United Airlines Holdings Inc will post 10.48 EPS for the current year.

Wall Street Analysts Forecast Growth

UAL has been the subject of a number of recent analyst reports. Citigroup boosted their price target on shares of United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. BMO Capital Markets boosted their target price on United Airlines from $130.00 to $157.50 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. The Goldman Sachs Group upped their target price on United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Wells Fargo & Company raised their price target on United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a report on Tuesday, June 30th. Finally, UBS Group lifted their price objective on shares of United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Sixteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, United Airlines currently has an average rating of “Moderate Buy” and an average price target of $156.79.

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.