116,655 Shares in United Airlines Holdings Inc $UAL Purchased by Meeder Asset Management Inc.

Meeder Asset Management Inc. acquired a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 116,655 shares of the transportation company’s stock, valued at approximately $15,864,000. United Airlines comprises about 0.8% of Meeder Asset Management Inc.’s portfolio, making the stock its 28th biggest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. CWM LLC increased its position in United Airlines by 61.0% during the fourth quarter. CWM LLC now owns 84,286 shares of the transportation company’s stock valued at $9,425,000 after acquiring an additional 31,921 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of United Airlines by 11.2% in the 1st quarter. Royal Bank of Canada now owns 418,647 shares of the transportation company’s stock worth $38,544,000 after acquiring an additional 42,111 shares during the last quarter. AE Wealth Management LLC lifted its holdings in shares of United Airlines by 441.5% in the 4th quarter. AE Wealth Management LLC now owns 19,089 shares of the transportation company’s stock worth $2,134,000 after acquiring an additional 15,564 shares during the last quarter. Caprock Group LLC boosted its stake in shares of United Airlines by 49.4% during the 4th quarter. Caprock Group LLC now owns 39,921 shares of the transportation company’s stock worth $4,464,000 after purchasing an additional 13,205 shares during the period. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in shares of United Airlines during the 4th quarter worth about $1,872,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other United Airlines news, EVP Torbjorn J. Enqvist sold 20,000 shares of United Airlines stock in a transaction on Friday, July 24th. The stock was sold at an average price of $119.91, for a total transaction of $2,398,200.00. Following the completion of the sale, the executive vice president directly owned 114,800 shares of the company’s stock, valued at $13,765,668. The trade was a 14.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO J Scott Kirby sold 159,321 shares of United Airlines stock in a transaction on 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 directly owned 797,851 shares of the company’s stock, valued at approximately $94,186,310.55. This trade represents a 16.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 306,010 shares of company stock valued at $35,949,843 over the last 90 days. 0.86% of the stock is owned by insiders.

United Airlines Price Performance

United Airlines stock opened at $122.26 on Tuesday. 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 cap of $39.68 billion, a price-to-earnings ratio of 11.44, a price-to-earnings-growth ratio of 0.93 and a beta of 1.28. The firm has a 50-day moving average of $123.62 and a two-hundred day moving average of $108.27. United Airlines Holdings Inc has a 1 year low of $84.64 and a 1 year high of $138.77.

United Airlines (NASDAQ:UAL) last issued its earnings results on Wednesday, July 15th. The transportation company reported $1.99 EPS 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 business had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. During the same period last year, the company posted $3.87 earnings per share. The company’s quarterly 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. On average, research analysts forecast that United Airlines Holdings Inc will post 10.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

UAL has been the topic of several analyst reports. Barclays upped their price target on shares of United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. BMO Capital Markets boosted their target price on United Airlines from $130.00 to $157.50 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Jefferies Financial Group restated a “buy” rating and set a $155.00 target price on shares of United Airlines in a research report on Sunday, July 19th. Wells Fargo & Company upped their target price on United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Finally, JPMorgan Chase & Co. increased their price target on United Airlines from $156.00 to $203.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Sixteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, United Airlines presently has an average rating of “Moderate Buy” and an average price target of $156.79.

United Airlines Company 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.