BMO Capital Markets upgraded shares of United Airlines (NASDAQ:UAL – Free Report) to a strong-buy rating in a research note published on Tuesday,Zacks.com reports.
UAL has been the topic of a number of other reports. Evercore ISI increased their target price on shares of United Airlines from $105.00 to $135.00 and gave the stock an “outperform” rating in a report on Monday, September 29th. Cowen reissued a “buy” rating on shares of United Airlines in a research report on Monday, October 20th. Citigroup assumed coverage on shares of United Airlines in a research report on Thursday, December 4th. They set a “buy” rating and a $132.00 price objective for the company. JPMorgan Chase & Co. increased their target price on United Airlines from $149.00 to $156.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Finally, Loop Capital set a $110.00 target price on United Airlines in a research report on Tuesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $126.07.
View Our Latest Analysis on UAL
United Airlines Stock Performance
United Airlines (NASDAQ:UAL – Get Free Report) last issued its earnings results on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $2.65 by $0.13. The company had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.31 billion. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. United Airlines’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. On average, research analysts predict that United Airlines will post 12.96 EPS for the current year.
Insiders Place Their Bets
In other news, CEO J Scott Kirby sold 120,000 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $107.86, for a total value of $12,943,200.00. Following the completion of the sale, the chief executive officer directly owned 666,535 shares of the company’s stock, valued at approximately $71,892,465.10. This represents a 15.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.63% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On United Airlines
Institutional investors have recently added to or reduced their stakes in the stock. Alyeska Investment Group L.P. lifted its position in United Airlines by 86.4% during the 1st quarter. Alyeska Investment Group L.P. now owns 3,985,560 shares of the transportation company’s stock worth $275,203,000 after acquiring an additional 1,847,884 shares during the period. Norges Bank purchased a new stake in shares of United Airlines during the second quarter worth approximately $143,035,000. AQR Capital Management LLC lifted its holdings in shares of United Airlines by 334.6% during the first quarter. AQR Capital Management LLC now owns 1,793,454 shares of the transportation company’s stock worth $116,539,000 after purchasing an additional 1,380,804 shares during the period. Assetmark Inc. grew its position in United Airlines by 352.6% in the 2nd quarter. Assetmark Inc. now owns 1,468,818 shares of the transportation company’s stock valued at $116,962,000 after buying an additional 1,144,296 shares during the last quarter. Finally, Holocene Advisors LP purchased a new position in United Airlines during the 2nd quarter worth $84,753,000. Institutional investors and hedge funds own 69.69% of the company’s stock.
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.
Recommended Stories
- Five stocks we like better than United Airlines
- What Do S&P 500 Stocks Tell Investors About the Market?
- Why AutoZone’s Stock Drop Could Be a Golden Buying Opportunity
- Options Trading – Understanding Strike Price
- Ollie’s Bargain Outlet Hits Rock-Bottom in Q4: Buy the Dip?
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Insiders Are Selling These 3 Stocks—Here’s Why
Receive News & Ratings for United Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Airlines and related companies with MarketBeat.com's FREE daily email newsletter.
