Evolve Private Wealth LLC Takes $5.02 Million Position in United Airlines Holdings Inc $UAL

Evolve Private Wealth LLC purchased a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the second quarter, HoldingsChannel reports. The institutional investor purchased 36,882 shares of the transportation company’s stock, valued at approximately $5,016,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Root Financial Partners LLC lifted its stake in shares of United Airlines by 5.3% during the fourth 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 in the last quarter. AXA S.A. grew its stake in shares of United Airlines by 0.8% in the second quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock valued at $1,231,000 after buying an additional 121 shares in the last quarter. SJS Investment Consulting Inc. grew its stake in shares of United Airlines by 17.0% in the first quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock valued at $79,000 after buying an additional 125 shares in the last quarter. Fielder Capital Group LLC raised its holdings in shares of 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 buying an additional 127 shares during the period. Finally, Koshinski Asset Management Inc. raised its holdings in shares of United Airlines by 3.7% during the 1st quarter. Koshinski Asset Management Inc. now owns 3,914 shares of the transportation company’s stock valued at $360,000 after buying an additional 138 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Andrew P. Nocella sold 3,000 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $132.30, for a total value of $396,900.00. Following the sale, the executive vice president owned 219,955 shares of the company’s stock, valued at $29,100,046.50. This trade represents a 1.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kate Gebo sold 5,331 shares of United Airlines stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total transaction of $562,473.81. Following the completion of the sale, the executive vice president owned 60,393 shares in the company, valued at approximately $6,372,065.43. This represents a 8.11% 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 over the last quarter. Corporate insiders own 0.86% of the company’s stock.

United Airlines Stock Performance

United Airlines stock opened at $113.17 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. United Airlines Holdings Inc has a 12 month low of $84.64 and a 12 month high of $138.77. The company has a fifty day moving average price of $124.00 and a two-hundred day moving average price of $108.55. The company has a market cap of $36.73 billion, a PE ratio of 10.59, a P/E/G ratio of 0.87 and a beta of 1.28.

United Airlines (NASDAQ:UAL) last issued its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The company had revenue of $17.67 billion for the quarter, compared to analysts’ expectations of $17.62 billion. During the same period in the prior year, the company earned $3.87 earnings per share. The firm’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. Research analysts expect that United Airlines Holdings Inc will post 10.38 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on UAL. Jefferies Financial Group restated a “buy” rating and issued a $155.00 price target on shares of United Airlines in a report on Sunday, July 19th. Barclays lifted their price objective on shares of United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Wells Fargo & Company upped 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. Bank of America raised their price target on shares of United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. lifted their price target on shares of United Airlines from $156.00 to $203.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Sixteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $156.79.

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.