Elevation Point Wealth Partners LLC Decreases Stock Position in United Airlines Holdings Inc $UAL

Elevation Point Wealth Partners LLC trimmed its position in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 63.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,619 shares of the transportation company’s stock after selling 6,330 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in United Airlines were worth $288,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Deutsche Bank AG raised its position in shares of United Airlines by 10.5% in the 1st quarter. Deutsche Bank AG now owns 1,395,615 shares of the transportation company’s stock worth $96,367,000 after acquiring an additional 132,373 shares in the last quarter. Blueshift Asset Management LLC purchased a new position in United Airlines in the first quarter valued at about $577,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in United Airlines in the first quarter worth about $12,592,000. Atlas Capital Advisors Inc. raised its holdings in United Airlines by 382.4% in the first quarter. Atlas Capital Advisors Inc. now owns 11,259 shares of the transportation company’s stock worth $777,000 after purchasing an additional 8,925 shares in the last quarter. Finally, Vident Advisory LLC lifted its position in shares of United Airlines by 25.5% during the first quarter. Vident Advisory LLC now owns 15,009 shares of the transportation company’s stock valued at $1,036,000 after buying an additional 3,048 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Stock Performance

Shares of NASDAQ UAL opened at $102.08 on Friday. The company has a 50 day simple moving average of $97.27 and a two-hundred day simple moving average of $91.99. The stock has a market cap of $33.05 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 0.89 and a beta of 1.45. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a 12 month low of $52.00 and a 12 month high of $116.00.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Wednesday, October 15th. The transportation company reported $2.78 earnings per share for the quarter, topping analysts’ consensus estimates of $2.65 by $0.13. The firm had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.31 billion. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The business’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. As a group, analysts predict that United Airlines Holdings Inc will post 12.96 earnings per share for the current year.

Analyst Ratings Changes

UAL has been the subject of several recent analyst reports. Jefferies Financial Group boosted their price objective on shares of United Airlines from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Barclays upped 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. JPMorgan Chase & Co. raised their price objective on United Airlines from $149.00 to $156.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Evercore ISI upped their target price on United Airlines from $105.00 to $135.00 and gave the company an “outperform” rating in a research report on Monday, September 29th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $140.00 price target on shares of United Airlines in a research note on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, United Airlines currently has an average rating of “Moderate Buy” and an average target price of $125.67.

About United Airlines

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.