Wealthfront Advisers LLC Makes New $12.94 Million Investment in United Airlines Holdings Inc $UAL

Wealthfront Advisers LLC bought a new position in United Airlines Holdings Inc (NASDAQ:UAL) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 95,139 shares of the transportation company’s stock, valued at approximately $12,938,000.

Other large investors have also recently modified their holdings of the company. Root Financial Partners LLC increased its position 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 valued at $206,000 after buying an additional 93 shares during the period. AXA S.A. boosted its position in United Airlines by 0.8% during the 2nd quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock valued at $1,231,000 after acquiring an additional 121 shares in the last quarter. SJS Investment Consulting Inc. boosted its position in United Airlines by 17.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock valued at $79,000 after acquiring an additional 125 shares in the last quarter. Fielder Capital Group LLC grew 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 worth $276,000 after acquiring an additional 127 shares during the period. Finally, Koshinski Asset Management Inc. grew 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 worth $360,000 after acquiring an additional 138 shares during the period. Institutional investors own 69.69% of the company’s stock.

United Airlines Price Performance

UAL stock opened at $118.72 on Wednesday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78. The firm has a 50 day moving average price of $123.80 and a 200-day moving average price of $108.36. United Airlines Holdings Inc has a 52-week low of $84.64 and a 52-week high of $138.77. The firm has a market capitalization of $38.53 billion, a price-to-earnings ratio of 11.11, a PEG ratio of 0.93 and a beta of 1.28.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping 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 the consensus estimate of $17.62 billion. During the same quarter in the prior year, the business posted $3.87 EPS. The firm’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. Equities research analysts forecast that United Airlines Holdings Inc will post 10.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on UAL shares. UBS Group raised their target price on United Airlines from $148.00 to $153.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Wells Fargo & Company upped their price target on United Airlines from $130.00 to $165.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 30th. Citigroup increased their price objective on United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Bank of America raised their price objective on United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Finally, Morgan Stanley boosted their target price on shares of United Airlines from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Sixteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, United Airlines currently has an average rating of “Moderate Buy” and an average target price of $156.79.

Insiders Place Their Bets

In other news, President Brett J. Hart sold 30,108 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $120.72, for a total value of $3,634,637.76. Following the sale, the president directly owned 371,583 shares of the company’s stock, valued at approximately $44,857,499.76. This represents a 7.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of the firm’s 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 owned 114,800 shares of the company’s stock, valued at $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. In the last ninety days, insiders sold 306,010 shares of company stock valued at $35,949,843. 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.