United Airlines Holdings Inc $UAL Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC lessened its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 24.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,612 shares of the transportation company’s stock after selling 5,777 shares during the period. NewEdge Advisors LLC’s holdings in United Airlines were worth $1,622,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Root Financial Partners LLC boosted its position in United Airlines by 5.3% during the 4th quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock worth $206,000 after purchasing an additional 93 shares during the period. AXA S.A. raised its position in United Airlines by 0.8% in the second quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock valued at $1,231,000 after purchasing an additional 121 shares during the period. SJS Investment Consulting Inc. raised its position in United Airlines by 17.0% in the first quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock valued at $79,000 after purchasing an additional 125 shares during the period. Fielder Capital Group LLC raised its position in United Airlines by 5.4% in the fourth quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock valued at $276,000 after purchasing an additional 127 shares during the period. Finally, Koshinski Asset Management Inc. lifted its stake in shares of United Airlines by 3.7% during the first quarter. Koshinski Asset Management Inc. now owns 3,914 shares of the transportation company’s stock worth $360,000 after purchasing an additional 138 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Insider Activity

In other news, EVP Andrew P. Nocella sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $132.30, for a total transaction of $396,900.00. Following the completion of the transaction, the executive vice president directly owned 219,955 shares in the company, valued at approximately $29,100,046.50. This represents a 1.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO J Scott Kirby sold 159,321 shares of the stock in a transaction that occurred 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 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 306,010 shares of company stock worth $35,949,843 over the last quarter. Corporate insiders own 0.86% of the company’s stock.

United Airlines Stock Down 0.8%

Shares of United Airlines stock opened at $125.34 on Friday. The business has a 50-day moving average of $123.28 and a 200-day moving average of $108.14. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. The company has a market capitalization of $40.68 billion, a PE ratio of 11.72, a P/E/G ratio of 0.93 and a beta of 1.28. United Airlines Holdings Inc has a 1-year low of $84.64 and a 1-year high of $138.77.

United Airlines (NASDAQ:UAL) last announced its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $17.62 billion. During the same period in the previous year, the company earned $3.87 earnings per share. The company’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. As a group, equities analysts forecast that United Airlines Holdings Inc will post 10.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on UAL. Wall Street Zen lowered United Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Barclays boosted their price target on United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. upped their price target on United Airlines from $156.00 to $203.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Zacks Research raised shares of United Airlines from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 11th. Finally, UBS Group increased their price objective on shares of United Airlines from $148.00 to $153.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Sixteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $156.79.

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.