Equitable Holdings Inc. Purchases Shares of 5,739 United Airlines Holdings Inc $UAL

Equitable Holdings Inc. purchased a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the second quarter, according to its most recent filing with the SEC. The firm purchased 5,739 shares of the transportation company’s stock, valued at approximately $780,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Primecap Management Co. CA bought a new stake in shares of United Airlines in the 2nd quarter valued at $2,238,617,000. Norges Bank acquired a new stake in United Airlines in the fourth quarter worth $234,244,000. Deutsche Bank AG acquired a new stake in United Airlines in the second quarter worth $178,571,000. Bank of New York Mellon Corp bought a new stake in United Airlines in the second quarter valued at $178,508,000. Finally, Bank of America Corp DE bought a new stake in United Airlines in the second quarter valued at $153,537,000. 69.69% of the stock is owned by institutional investors and hedge funds.

More United Airlines News

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

• Positive Sentiment: A321XLR aircraft support international expansion. United expects to receive enough Airbus A321XLR aircraft to operate five new European routes in summer 2027, including service to Luxembourg, Ibiza and Toulouse. The aircraft should allow United to profitably serve long-haul markets with smaller-capacity planes, supporting its broader plan to add 10 European cities and strengthen its international network. United Airlines A321XLR Expansion Strengthens the International Growth Story
• Positive Sentiment: Wells Fargo reaffirmed its Buy rating. The continued bullish stance from a major analyst provides support for the stock’s long-term outlook and indicates confidence in United’s earnings and growth prospects. Wells Fargo Reaffirms Buy Rating
• Positive Sentiment: Higher airfares could improve revenue and margins. Industry airfares have risen sharply, and airline executives believe prices may have room to increase further. If demand remains resilient, United could benefit from stronger pricing and improved earnings power. Airfares Are Up 25.5 Percent
• Neutral Sentiment: Executive selling was relatively modest. EVP Andrew Nocella sold 5,000 shares for approximately $585,000, reducing his holdings by 2.27%. The sale may weigh slightly on sentiment, although he retained more than 214,000 shares. Andrew Nocella Sells United Airlines Shares
• Negative Sentiment: UAL recently underperformed the broader market. Reports noted that the stock declined even as the overall market advanced, suggesting investors may be taking profits, rotating away from airline shares or awaiting clearer evidence that fare increases and international expansion will translate into sustained earnings growth. United Airlines Stock Sinks as Market Gains

United Airlines Stock Performance

Shares of UAL opened at $110.60 on Friday. The firm has a market capitalization of $35.90 billion, a P/E ratio of 10.35, a P/E/G ratio of 0.89 and a beta of 1.28. United Airlines Holdings Inc has a 52 week low of $84.64 and a 52 week high of $138.77. The stock has a 50 day moving average price of $123.55 and a two-hundred day moving average price of $108.68. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78.

United Airlines (NASDAQ:UAL) last posted its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $17.62 billion. During the same quarter last year, the company earned $3.87 earnings per share. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Equities analysts forecast that United Airlines Holdings Inc will post 9.91 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO J Scott Kirby sold 159,321 shares of the business’s stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total value of $18,807,844.05. Following the transaction, the chief executive officer owned 797,851 shares in the company, valued at $94,186,310.55. The trade was a 16.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of the business’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $119.91, for a total value of $2,398,200.00. Following the completion of the transaction, the executive vice president directly owned 114,800 shares in the company, valued at approximately $13,765,668. This represents a 14.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 271,010 shares of company stock worth $32,317,909 in the last quarter. 0.86% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on UAL shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of United Airlines in a report on Friday, July 17th. JPMorgan Chase & Co. boosted their price objective on United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Barclays upped their target price on United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Morgan Stanley lifted their price target on shares of United Airlines from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Finally, Wall Street Zen lowered shares of United Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Sixteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $157.74.

About United Airlines

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.