Illinois Municipal Retirement Fund Has $15.78 Million Holdings in Uber Technologies, Inc. $UBER

Illinois Municipal Retirement Fund lessened its stake in Uber Technologies, Inc. (NYSE:UBER) by 5.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 219,348 shares of the ride-sharing company’s stock after selling 11,996 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Uber Technologies were worth $15,778,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in UBER. Vanguard Group Inc. increased its holdings in shares of Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after acquiring an additional 1,670,761 shares in the last quarter. Mach 1 Financial Group LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth about $1,220,000. Teacher Retirement System of Texas lifted its holdings in shares of Uber Technologies by 17.6% during the 4th quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock valued at $45,280,000 after purchasing an additional 82,851 shares in the last quarter. Robinhood Asset Management LLC acquired a new position in shares of Uber Technologies in the 4th quarter valued at approximately $10,884,000. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new position in shares of Uber Technologies in the 4th quarter valued at approximately $17,336,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

More Uber Technologies News

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Uber’s planned acquisition of Delivery Hero is expected to nearly double its global delivery footprint, strengthen its international food-delivery business, and improve scale, pricing power and margin potential. Uber’s $14.8B Delivery Hero deal would nearly double its global footprint
• Positive Sentiment: Uber Eats is also expanding beyond meals, with new retail delivery partnerships including GameStop, Foot Locker, Kids Foot Locker and Champs Sports, broadening the company’s delivery mix and potential transaction volume. Uber Eats Expands Retail Delivery Push With GameStop and Foot Locker Partnerships
• Positive Sentiment: Wedbush initiated coverage with an Outperform rating and a $91 price target, signaling confidence that Uber’s core business and new delivery consolidation could support further upside. Benzinga coverage of Wedbush initiation
• Neutral Sentiment: Reports also framed the deal as part of broader sector consolidation, with investors weighing whether the acquisition is a smart capital-allocation move versus the integration and regulatory risk that comes with such a large international transaction. Reuters: Uber launches $14.8 billion takeover bid for Delivery Hero
• Negative Sentiment: Some commentary notes the market may be cautious because the deal is large and expensive, and because investors are watching for dilution, execution risk and regulatory scrutiny before fully rewarding the stock. Barron’s: Uber Makes Biggest-Ever Deal With $15 Billion Acquisition and the Stock Isn’t Budging

Uber Technologies Price Performance

Shares of UBER opened at $73.96 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The stock has a market capitalization of $150.55 billion, a P/E ratio of 18.44, a P/E/G ratio of 6.18 and a beta of 1.12. The company has a 50 day moving average of $72.78 and a 200-day moving average of $75.16.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the previous year, the firm posted $0.83 earnings per share. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities research analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on UBER shares. HSBC cut Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Truist Financial upped their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a report on Thursday, May 7th. KeyCorp lowered their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday. Wells Fargo & Company dropped their price objective on shares of Uber Technologies from $102.00 to $100.00 and set an “overweight” rating on the stock in a report on Monday, July 6th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.65.

Uber Technologies Profile

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.