California Public Employees Retirement System Acquires 37,040 Shares of United Airlines Holdings Inc $UAL

California Public Employees Retirement System boosted its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 6.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 658,623 shares of the transportation company’s stock after purchasing an additional 37,040 shares during the period. California Public Employees Retirement System owned about 0.20% of United Airlines worth $52,446,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vident Advisory LLC boosted its holdings in United Airlines by 25.5% in the 1st quarter. Vident Advisory LLC now owns 15,009 shares of the transportation company’s stock valued at $1,036,000 after purchasing an additional 3,048 shares during the period. Blair William & Co. IL increased its holdings in shares of United Airlines by 16.3% during the second quarter. Blair William & Co. IL now owns 21,223 shares of the transportation company’s stock worth $1,690,000 after purchasing an additional 2,967 shares during the period. Corebridge Financial Inc. boosted its stake in shares of United Airlines by 37.7% in the first quarter. Corebridge Financial Inc. now owns 114,796 shares of the transportation company’s stock valued at $7,927,000 after buying an additional 31,457 shares during the period. Bayforest Capital Ltd boosted its stake in shares of United Airlines by 840.0% in the second quarter. Bayforest Capital Ltd now owns 9,550 shares of the transportation company’s stock valued at $760,000 after buying an additional 8,534 shares during the period. Finally, Atria Investments Inc grew its position in United Airlines by 16.2% during the second quarter. Atria Investments Inc now owns 28,483 shares of the transportation company’s stock worth $2,268,000 after buying an additional 3,978 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO J Scott Kirby sold 120,000 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $107.86, for a total value of $12,943,200.00. Following the completion of the transaction, the chief executive officer directly owned 666,535 shares in the company, valued at approximately $71,892,465.10. This represents a 15.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.63% of the company’s stock.

United Airlines Stock Up 1.1%

Shares of NASDAQ UAL opened at $105.70 on Wednesday. The company has a market cap of $34.22 billion, a price-to-earnings ratio of 10.59, a PEG ratio of 0.98 and a beta of 1.30. 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. The stock has a 50-day moving average price of $97.91 and a two-hundred day moving average price of $93.49.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.65 by $0.13. The company 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 firm’s revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the firm posted $3.33 EPS. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. As a group, analysts forecast that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UAL. Morgan Stanley reiterated an “overweight” rating and set a $140.00 target price on shares of United Airlines in a research report on Friday, October 17th. Evercore ISI boosted their price target on United Airlines from $105.00 to $135.00 and gave the company an “outperform” rating in a research note on Monday, September 29th. Susquehanna increased their price objective on shares of United Airlines from $109.00 to $115.00 and gave the stock a “positive” rating in a research note on Friday, October 3rd. Jefferies Financial Group boosted their target price on shares of United Airlines from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, October 1st. Finally, Cowen reaffirmed a “buy” rating on shares of United Airlines in a report on Monday, October 20th. Thirteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, United Airlines currently has a consensus rating of “Moderate Buy” and a consensus target price of $126.07.

United Airlines Company Profile

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.