United Airlines Holdings Inc $UAL Shares Bought by Czech National Bank

Czech National Bank raised its position in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 4.9% during the 2nd quarter, Holdings Channel reports. The firm owned 92,385 shares of the transportation company’s stock after buying an additional 4,300 shares during the quarter. Czech National Bank’s holdings in United Airlines were worth $12,563,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. PensionDanmark Pensionsforsikringsaktieselskab raised its stake in shares of United Airlines by 198.3% in the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 6,981 shares of the transportation company’s stock worth $949,000 after purchasing an additional 4,641 shares during the last quarter. 55 North Private Wealth LLC purchased a new stake in United Airlines in the second quarter valued at approximately $259,000. GAMMA Investing LLC boosted its position in United Airlines by 9.8% in the second quarter. GAMMA Investing LLC now owns 12,641 shares of the transportation company’s stock valued at $1,719,000 after buying an additional 1,129 shares during the last quarter. Avior Wealth Management LLC increased its holdings in United Airlines by 16.7% in the 2nd quarter. Avior Wealth Management LLC now owns 3,164 shares of the transportation company’s stock worth $430,000 after buying an additional 453 shares during the period. Finally, Versant Capital Management Inc raised its position in United Airlines by 5.5% during the 2nd quarter. Versant Capital Management Inc now owns 5,868 shares of the transportation company’s stock worth $798,000 after buying an additional 305 shares during the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. TD Cowen increased their price objective on shares of United Airlines from $150.00 to $176.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. BMO Capital Markets boosted their target price on shares of United Airlines from $130.00 to $157.50 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of United Airlines in a report on Friday, July 17th. Citigroup increased their price target on United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. Sixteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $156.79.

United Airlines Price Performance

Shares of NASDAQ UAL opened at $129.56 on Friday. 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 capitalization of $42.05 billion, a price-to-earnings ratio of 12.12, a PEG ratio of 0.96 and a beta of 1.28. The firm’s 50 day simple moving average is $121.47 and its 200-day simple moving average is $107.61. United Airlines Holdings Inc has a 12 month low of $84.64 and a 12 month high of $138.77.

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

Insider Buying and Selling

In other news, EVP Kate Gebo sold 34,669 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the sale, the executive vice president directly owned 67,707 shares of the company’s stock, valued at $7,136,994.87. This represents a 33.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO J Scott Kirby sold 159,321 shares of the firm’s stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the sale, the chief executive officer owned 797,851 shares in the company, valued at $94,186,310.55. This trade represents a 16.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 306,010 shares of company stock valued at $35,949,843 in the last ninety days. Company insiders own 0.86% of the company’s stock.

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.