TD Asset Management Inc lowered its stake in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 26.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 111,877 shares of the transportation company’s stock after selling 39,750 shares during the quarter. TD Asset Management Inc’s holdings in United Airlines were worth $12,510,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of UAL. Bison Wealth LLC purchased a new stake in shares of United Airlines in the fourth quarter valued at about $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in United Airlines by 24.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company’s stock worth $2,753,000 after purchasing an additional 7,713 shares during the last quarter. Focus Partners Wealth boosted its holdings in United Airlines by 92.7% during the first quarter. Focus Partners Wealth now owns 12,349 shares of the transportation company’s stock worth $853,000 after purchasing an additional 5,939 shares during the last quarter. First Trust Advisors LP grew its position in United Airlines by 23.5% in the 2nd quarter. First Trust Advisors LP now owns 292,580 shares of the transportation company’s stock worth $23,298,000 after purchasing an additional 55,728 shares in the last quarter. Finally, Cresset Asset Management LLC grew its position in United Airlines by 73.5% in the 2nd quarter. Cresset Asset Management LLC now owns 9,410 shares of the transportation company’s stock worth $749,000 after purchasing an additional 3,987 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts have commented on the stock. Jefferies Financial Group dropped their target price on shares of United Airlines from $118.00 to $112.00 and set a “buy” rating on the stock in a research report on Monday, April 27th. Zacks Research downgraded United Airlines from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. Morgan Stanley lifted their price target on United Airlines from $150.00 to $182.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Susquehanna set a $135.00 price objective on United Airlines in a research report on Thursday, April 23rd. Finally, BMO Capital Markets raised their target price on United Airlines from $110.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, United Airlines has a consensus rating of “Moderate Buy” and an average target price of $134.59.
Insider Activity at United Airlines
In related news, EVP Andrew P. Nocella sold 7,000 shares of United Airlines stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $90.19, for a total value of $631,330.00. Following the completion of the transaction, the executive vice president directly owned 215,345 shares in the company, valued at approximately $19,421,965.55. The trade was a 3.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kate Gebo sold 5,331 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total transaction of $562,473.81. Following the sale, the executive vice president directly owned 60,393 shares in the company, valued at $6,372,065.43. The trade was a 8.11% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 47,000 shares of company stock worth $4,848,263. Insiders own 0.86% of the company’s stock.
United Airlines Trading Down 0.4%
Shares of UAL opened at $105.32 on Tuesday. United Airlines Holdings Inc has a fifty-two week low of $71.55 and a fifty-two week high of $119.21. The business has a 50-day moving average of $97.43 and a 200 day moving average of $103.01. The firm has a market cap of $34.18 billion, a P/E ratio of 9.40, a price-to-earnings-growth ratio of 0.88 and a beta of 1.27. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.64 and a current ratio of 0.70.
United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The transportation company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.08 by $0.11. The business had revenue of $14.61 billion for the quarter, compared to the consensus estimate of $14.19 billion. United Airlines had a net margin of 6.06% and a return on equity of 24.33%. The company’s revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 earnings per share. United Airlines has set its FY 2026 guidance at 7.000-11.000 EPS and its Q2 2026 guidance at 1.000-2.000 EPS. As a group, research analysts forecast that United Airlines Holdings Inc will post 9.63 EPS for the current year.
United Airlines News Summary
Here are the key news stories impacting United Airlines this week:
- Positive Sentiment: United said it remains open to buying airport slots, gates, or other assets if weaker rivals come under pressure from higher fuel prices, which could strengthen its competitive position without pursuing a large merger. Reuters article on United asset-buying strategy
- Positive Sentiment: United is expanding its Caribbean network with a new Newark/St. Croix nonstop route starting later this year, adding to its leisure and international route mix. Yahoo Finance article on St. Croix route
- Positive Sentiment: The exit of Spirit Airlines from the U.S. market has reduced competition and could support industry pricing, which may help major carriers like United. Yahoo Finance article on Spirit exit and competition
United Airlines 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.
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