National Pension Service Boosts Position in United Airlines Holdings Inc $UAL

National Pension Service raised its holdings in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 45.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,781 shares of the transportation company’s stock after acquiring an additional 13,585 shares during the period. National Pension Service’s holdings in United Airlines were worth $5,954,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Dunhill Financial LLC acquired a new stake in shares of United Airlines in the second quarter worth $25,000. Western Wealth Management LLC purchased a new position in shares of United Airlines during the first quarter worth $27,000. Elevation Wealth Partners LLC raised its holdings in shares of United Airlines by 393.0% during the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock worth $29,000 after purchasing an additional 169 shares during the last quarter. Trust Co. of Vermont acquired a new position in United Airlines during the second quarter valued at $29,000. Finally, JPL Wealth Management LLC acquired a new position in United Airlines during the third quarter valued at $29,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Stock Performance

Shares of NASDAQ UAL opened at $109.82 on Friday. The company’s fifty day moving average price is $118.95 and its 200 day moving average price is $108.37. United Airlines Holdings Inc has a 1 year low of $84.64 and a 1 year high of $138.77. The company has a market capitalization of $35.65 billion, a PE ratio of 10.27, a price-to-earnings-growth ratio of 0.89 and a beta of 1.27. 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 quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 EPS 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 company had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. During the same quarter last year, the business 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. On average, research analysts predict that United Airlines Holdings Inc will post 9.91 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on UAL. Citigroup increased their price target on United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. UBS Group decreased their price objective on United Airlines from $153.00 to $137.00 and set a “buy” rating for the company in a report on Thursday. Wall Street Zen downgraded United Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Sanford C. Bernstein raised their target price on United Airlines from $136.00 to $153.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Finally, Wells Fargo & Company lifted their price target on United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a research report on Tuesday, June 30th. Sixteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, United Airlines currently has a consensus rating of “Moderate Buy” and an average target price of $155.91.

Insiders Place Their Bets

In related news, President Brett Hart sold 30,108 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $120.72, for a total value of $3,634,637.76. Following the completion of the transaction, the president owned 371,583 shares of the company’s stock, valued at approximately $44,857,499.76. This represents a 7.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Andrew P. Nocella sold 5,000 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $117.00, for a total value of $585,000.00. Following the transaction, the executive vice president owned 214,955 shares in the company, valued at $25,149,735. This represents a 2.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 271,010 shares of company stock valued at $32,317,909 over the last quarter. Insiders own 0.86% of the company’s stock.

About United Airlines

United Airlines Holdings, Inc (NASDAQ: UAL) is the parent company of United Airlines, Inc, a major U.S. airline headquartered in Chicago, Illinois. United provides scheduled air transportation for passengers and cargo, serving destinations across the United States and connecting North America with international markets throughout Latin America, Europe, Asia, Africa and the Middle East.

The company operates a broad network through hubs including Chicago, Denver, Houston, Los Angeles, Newark, San Francisco and Washington, DC Its services include economy, premium-economy and business-class travel, as well as air cargo transportation.