Quantinno Capital Management LP Buys 152,719 Shares of United Airlines Holdings Inc $UAL

Quantinno Capital Management LP raised its stake in United Airlines Holdings Inc (NASDAQ:UAL) by 24.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 767,086 shares of the transportation company’s stock after acquiring an additional 152,719 shares during the period. Quantinno Capital Management LP’s holdings in United Airlines were worth $70,626,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Legacy Wealth Managment LLC ID purchased a new position in shares of United Airlines during the fourth quarter valued at about $25,000. JPL Wealth Management LLC bought a new stake in shares of United Airlines in the third quarter worth about $29,000. Cache Advisors LLC purchased a new stake in shares of United Airlines in the first quarter worth about $33,000. BOCHK Asset Management Ltd purchased a new stake in shares of United Airlines in the fourth quarter worth about $34,000. Finally, Motiv8 Investments LLC bought a new position in United Airlines during the fourth quarter valued at approximately $35,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines News Roundup

Here are the key news stories impacting United Airlines this week:

• Positive Sentiment: Airline stocks benefited from a decline in oil prices, which could reduce United’s largest variable expense and improve profit margins. A report that United previously explored a merger with Delta Air Lines generated additional attention, although the potential deal remains speculative. United Pursued Delta Merger: Report
• Positive Sentiment: United’s revenue momentum, improving earnings estimates and liquidity position support the investment case. Its latest reported quarter exceeded analyst expectations, with earnings of $1.99 per share versus the $1.88 consensus and revenue of $17.67 billion. United Revenue Growth Analysis
• Positive Sentiment: United introduced a new Economy Plus seating design for its upcoming Airbus A321XLR aircraft, featuring additional elbow room and a shared table. The product could help differentiate the airline and support premium revenue on long-haul international routes. United Unveils New Economy Plus Seating

Analysts Set New Price Targets

Several equities analysts have weighed in on UAL shares. Zacks Research upgraded United Airlines from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. Barclays upped their price objective on United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Weiss Ratings reissued a “hold (c+)” rating on shares of United Airlines in a report on Friday, July 17th. Wall Street Zen upgraded shares of United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, Sanford C. Bernstein upped their price target on shares of United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Sixteen 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 stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $156.79.

United Airlines Trading Up 2.7%

UAL opened at $123.77 on Wednesday. The stock has a 50-day moving average of $118.06 and a 200 day moving average of $106.86. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a 12 month low of $82.42 and a 12 month high of $138.77. The firm has a market cap of $40.17 billion, a P/E ratio of 11.58, a P/E/G ratio of 0.89 and a beta of 1.25.

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

Insider Activity

In related news, EVP Andrew P. Nocella sold 7,000 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $90.19, for a total value of $631,330.00. Following the completion of the sale, the executive vice president directly owned 215,345 shares in the company, valued at $19,421,965.55. This trade represents a 3.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kate Gebo sold 34,669 shares of United Airlines stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the transaction, the executive vice president directly owned 67,707 shares of the company’s stock, valued at $7,136,994.87. The trade was a 33.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 310,010 shares of company stock worth $36,184,273. Company 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.