United Airlines Holdings Inc $UAL Holdings Boosted by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company raised its stake in United Airlines Holdings Inc (NASDAQ:UAL) by 67.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 307,906 shares of the transportation company’s stock after acquiring an additional 123,638 shares during the period. The Manufacturers Life Insurance Company’s holdings in United Airlines were worth $28,349,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Root Financial Partners LLC raised its position in shares of United Airlines by 5.3% during the 4th quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock worth $206,000 after purchasing an additional 93 shares during the period. AXA S.A. lifted its holdings in shares of United Airlines by 0.8% in the 2nd quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock worth $1,231,000 after purchasing an additional 121 shares during the last quarter. SJS Investment Consulting Inc. boosted its position in United Airlines by 17.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock valued at $79,000 after purchasing an additional 125 shares during the period. Fielder Capital Group LLC boosted its position in United Airlines by 5.4% during the 4th quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock valued at $276,000 after purchasing an additional 127 shares during the period. Finally, Koshinski Asset Management Inc. grew its stake in United Airlines by 3.7% during the 1st quarter. Koshinski Asset Management Inc. now owns 3,914 shares of the transportation company’s stock worth $360,000 after buying an additional 138 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

Insider Activity at United Airlines

In related news, EVP Kate Gebo sold 34,669 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total value of $3,654,459.29. Following the completion of the sale, the executive vice president owned 67,707 shares of the company’s stock, valued at $7,136,994.87. This represents a 33.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Andrew P. Nocella sold 4,200 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $120.48, for a total transaction of $506,016.00. Following the completion of the transaction, the executive vice president owned 222,955 shares of the company’s stock, valued at $26,861,618.40. This represents a 1.85% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 303,010 shares of company stock valued at $35,552,943. 0.86% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on UAL shares. TD Cowen increased their target price on United Airlines from $150.00 to $176.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Jefferies Financial Group reissued a “buy” rating and set a $155.00 price target on shares of United Airlines in a report on Sunday, July 19th. Sanford C. Bernstein upped their price target on shares of United Airlines from $136.00 to $153.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. BMO Capital Markets upped their price target on shares of United Airlines from $130.00 to $157.50 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Finally, Barclays increased their price objective on shares of United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Sixteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $156.79.

United Airlines Stock Down 1.8%

UAL opened at $121.33 on Friday. United Airlines Holdings Inc has a 12 month low of $82.42 and a 12 month high of $138.77. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. The stock has a market cap of $39.38 billion, a P/E ratio of 11.35, a P/E/G ratio of 0.91 and a beta of 1.25. The stock’s 50 day moving average price is $119.39 and its 200 day moving average price is $107.03.

United Airlines (NASDAQ:UAL) last announced its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The firm had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. During the same quarter in the previous year, the business earned $3.87 EPS. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, research analysts predict that United Airlines Holdings Inc will post 10.48 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.