Latash Investments LLC Buys New Position in United Airlines Holdings Inc $UAL

Latash Investments LLC bought a new stake in United Airlines Holdings Inc (NASDAQ:UAL) during the second quarter, Holdings Channel.com reports. The fund bought 7,735 shares of the transportation company’s stock, valued at approximately $1,052,000. United Airlines makes up about 0.8% of Latash Investments LLC’s portfolio, making the stock its 6th largest position.

Several other institutional investors also recently added to or reduced their stakes in UAL. Legacy Wealth Managment LLC ID acquired a new stake in shares of United Airlines in the fourth quarter worth $25,000. Dunhill Financial LLC acquired a new position in United Airlines during the 2nd quarter valued at $25,000. Western Wealth Management LLC acquired a new position in United Airlines during the 1st quarter valued at $27,000. Elevation Wealth Partners LLC boosted its holdings in United Airlines by 393.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 169 shares during the period. Finally, Trust Co. of Vermont bought a new stake in United Airlines in the 2nd quarter valued at $29,000. 69.69% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on UAL. Sanford C. Bernstein boosted their price objective on shares of United Airlines from $136.00 to $153.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Wells Fargo & Company increased their target price on shares of United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Susquehanna decreased their target price on United Airlines from $172.00 to $165.00 and set a “positive” rating on the stock in a research report on Friday, July 17th. Jefferies Financial Group restated a “buy” rating and set a $155.00 price target on shares of United Airlines in a research note on Sunday, July 19th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of United Airlines in a report on Friday, July 17th. Sixteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.79.

United Airlines Stock Down 2.5%

Shares of UAL opened at $115.78 on Thursday. The stock has a market cap of $37.58 billion, a price-to-earnings ratio of 10.83, a P/E/G ratio of 0.91 and a beta of 1.28. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a 12 month low of $84.64 and a 12 month high of $138.77. The company has a 50-day moving average price of $124.06 and a two-hundred day moving average price of $108.45.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data 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 company had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. During the same period in the prior year, the company posted $3.87 EPS. The company’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. Equities analysts predict that United Airlines Holdings Inc will post 10.38 EPS for the current fiscal year.

Insiders Place Their Bets

In other United Airlines news, EVP Kate Gebo sold 5,331 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $105.51, for a total transaction of $562,473.81. Following the completion of the transaction, the executive vice president directly owned 60,393 shares in the company, valued at $6,372,065.43. This represents a 8.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of United Airlines stock in a transaction on Friday, July 24th. The shares were sold at an average price of $119.91, for a total value of $2,398,200.00. Following the transaction, the executive vice president directly owned 114,800 shares of the company’s stock, valued at approximately $13,765,668. The trade was a 14.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 306,010 shares of company stock worth $35,949,843 over the last quarter. Corporate insiders own 0.86% of the company’s stock.

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.