Sterling Capital Management LLC trimmed its holdings in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 18.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,923 shares of the transportation company’s stock after selling 7,994 shares during the quarter. Sterling Capital Management LLC’s holdings in United Airlines were worth $3,307,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Legacy Wealth Managment LLC ID purchased a new stake in shares of United Airlines in the fourth quarter valued at approximately $25,000. JPL Wealth Management LLC acquired a new stake in shares of United Airlines in the third quarter valued at approximately $29,000. BOCHK Asset Management Ltd purchased a new position in United Airlines during the fourth quarter worth approximately $34,000. Motiv8 Investments LLC acquired a new position in United Airlines during the fourth quarter worth $35,000. Finally, JFS Wealth Advisors LLC boosted its stake in United Airlines by 51.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the transportation company’s stock worth $36,000 after buying an additional 108 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
UAL has been the subject of several analyst reports. BMO Capital Markets upped their target price on United Airlines from $110.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Rothschild & Co Redburn reduced their price target on United Airlines from $125.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. Jefferies Financial Group lowered their price target 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. Barclays upped their price objective on shares of United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Citigroup raised their price objective on shares of United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $139.53.
Insider Transactions at United Airlines
In other United Airlines news, CEO J Scott Kirby sold 48,303 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $121.30, for a total value of $5,859,153.90. Following the transaction, the chief executive officer owned 798,929 shares of the company’s stock, valued at $96,910,087.70. This represents a 5.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kate Gebo sold 34,669 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the transaction, the executive vice president directly owned 67,707 shares of the company’s stock, valued at approximately $7,136,994.87. This trade represents a 33.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 96,381 shares of company stock worth $10,837,575. 0.86% of the stock is currently owned by company insiders.
United Airlines Trading Up 1.1%
Shares of United Airlines stock opened at $136.11 on Friday. The firm has a market capitalization of $44.18 billion, a price-to-earnings ratio of 12.15, a PEG ratio of 1.09 and a beta of 1.27. United Airlines Holdings Inc has a fifty-two week low of $77.36 and a fifty-two week high of $138.44. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.64 and a current ratio of 0.70. The stock has a 50 day moving average of $104.84 and a 200 day moving average of $104.92.
United Airlines (NASDAQ:UAL – Get Free Report) last posted its earnings results on Tuesday, April 21st. The transportation company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.11. United Airlines had a return on equity of 24.33% and a net margin of 6.06%.The company had revenue of $14.61 billion during the quarter, compared to analysts’ expectations of $14.19 billion. During the same quarter last year, the firm earned $0.91 earnings per share. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. 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 predict that United Airlines Holdings Inc will post 10.01 earnings per share for the current year.
About United Airlines
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.
Read More
- Five stocks we like better than United Airlines
- 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
- 3 Waste Stocks Turning AI Investments into Growth
- 3 Overlooked Tech ETFs That Are Quietly Killing It This Year
- 3 ETFs Pairing Market-Beating Returns With High Dividend Yields
Want to see what other hedge funds are holding UAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Airlines Holdings Inc (NASDAQ:UAL – Free Report).
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.
