7,030 Shares in United Airlines Holdings Inc $UAL Bought by Great Lakes Advisors LLC

Great Lakes Advisors LLC purchased a new stake in United Airlines Holdings Inc (NASDAQ:UAL) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 7,030 shares of the transportation company’s stock, valued at approximately $956,000.

Other hedge funds also recently made changes to their positions in the company. Royal Bank of Canada boosted its position in shares of United Airlines by 11.2% in the 1st quarter. Royal Bank of Canada now owns 418,647 shares of the transportation company’s stock valued at $38,544,000 after purchasing an additional 42,111 shares during the period. PFA Pension Forsikringsaktieselskab purchased a new stake in United Airlines in the fourth quarter valued at approximately $1,872,000. Phoenix Financial Ltd. boosted its holdings in shares of United Airlines by 129.6% in the fourth quarter. Phoenix Financial Ltd. now owns 23,183 shares of the transportation company’s stock valued at $2,592,000 after acquiring an additional 13,085 shares during the period. Swedbank AB grew its position in shares of United Airlines by 47.0% during the fourth quarter. Swedbank AB now owns 127,807 shares of the transportation company’s stock worth $14,291,000 after acquiring an additional 40,853 shares during the last quarter. Finally, Leonteq Securities AG purchased a new position in shares of United Airlines during the fourth quarter worth approximately $5,685,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Insider Transactions at United Airlines

In other United Airlines news, EVP Torbjorn J. Enqvist sold 20,000 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $119.91, for a total value of $2,398,200.00. Following the sale, the executive vice president owned 114,800 shares of the company’s stock, valued at $13,765,668. This represents a 14.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Andrew P. Nocella sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $132.30, for a total transaction of $396,900.00. Following the completion of the sale, the executive vice president owned 219,955 shares in the company, valued at $29,100,046.50. This represents a 1.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 306,010 shares of company stock worth $35,949,843 in the last 90 days. Insiders own 0.86% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the stock. UBS Group upped their price target 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. Susquehanna dropped their target price on United Airlines from $172.00 to $165.00 and set a “positive” rating on the stock in a report on Friday, July 17th. Bank of America lifted their target price on shares of United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. BMO Capital Markets boosted their price target on shares of United Airlines from $130.00 to $157.50 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Finally, Zacks Research raised shares of United Airlines from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. Sixteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $156.79.

United Airlines Stock Up 1.3%

UAL opened at $113.17 on Friday. The business’s fifty day moving average is $124.00 and its two-hundred day moving average is $108.55. 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 company has a market cap of $36.73 billion, a price-to-earnings ratio of 10.59, a PEG ratio of 0.87 and a beta of 1.28. United Airlines Holdings Inc has a one year low of $84.64 and a one year high of $138.77.

United Airlines (NASDAQ:UAL) last posted its 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. The company had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.United Airlines’s revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Analysts anticipate that United Airlines Holdings Inc will post 10.38 EPS for the current fiscal year.

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.