Vise Technologies Inc. Invests $2.23 Million in United Airlines Holdings Inc $UAL

Vise Technologies Inc. acquired a new stake in United Airlines Holdings Inc (NASDAQ:UAL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 16,390 shares of the transportation company’s stock, valued at approximately $2,229,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in United Airlines during the 4th quarter worth $234,244,000. Deutsche Bank AG acquired a new stake in United Airlines in the 2nd quarter valued at about $178,571,000. Bank of New York Mellon Corp acquired a new stake in United Airlines in the 2nd quarter valued at about $178,508,000. Holocene Advisors LP purchased a new position in shares of United Airlines in the 2nd quarter valued at about $84,753,000. Finally, AQR Capital Management LLC boosted its stake in shares of United Airlines by 56.8% in the 4th quarter. AQR Capital Management LLC now owns 2,928,657 shares of the transportation company’s stock valued at $325,549,000 after buying an additional 1,060,371 shares during the period. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

United Airlines Trading Up 1.3%

UAL opened at $113.17 on Friday. 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 Holdings Inc has a one year low of $84.64 and a one year high of $138.77. The company has a market cap of $36.73 billion, a P/E ratio of 10.59, a PEG ratio of 0.86 and a beta of 1.28. The business’s 50-day simple moving average is $124.00 and its 200-day simple moving average is $108.55.

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, topping the consensus estimate of $1.88 by $0.11. The firm had revenue of $17.67 billion during the quarter, compared to analysts’ expectations of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The firm’s revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, equities research analysts expect that United Airlines Holdings Inc will post 10.38 EPS for the current fiscal year.

Insider Activity at United Airlines

In other news, EVP Andrew P. Nocella sold 3,000 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $132.30, for a total value of $396,900.00. Following the completion of the transaction, the executive vice president owned 219,955 shares in the company, valued at approximately $29,100,046.50. This represents a 1.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, President Brett J. Hart sold 30,108 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $120.72, for a total transaction of $3,634,637.76. Following the completion of the transaction, the president directly owned 371,583 shares in the company, valued at $44,857,499.76. This trade represents a 7.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 306,010 shares of company stock valued at $35,949,843 in the last quarter. Company insiders own 0.86% of the company’s stock.

Wall Street Analysts Forecast Growth

UAL has been the topic of a number of recent research reports. Zacks Research upgraded shares of United Airlines from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 11th. Weiss Ratings reiterated a “hold (c+)” rating on shares of United Airlines in a research note on Friday, July 17th. Morgan Stanley boosted their price target on shares of United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. The Goldman Sachs Group increased their price objective on shares of United Airlines from $131.00 to $162.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Finally, JPMorgan Chase & Co. raised their price objective on shares of United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Sixteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, United Airlines presently has a consensus rating of “Moderate Buy” and a consensus target price 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.