OLD National Bancorp IN Sells 6,003 Shares of United Airlines Holdings Inc $UAL

OLD National Bancorp IN lessened its stake in United Airlines Holdings Inc (NASDAQ:UAL) by 32.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,314 shares of the transportation company’s stock after selling 6,003 shares during the quarter. OLD National Bancorp IN’s holdings in United Airlines were worth $1,134,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in UAL. Norges Bank bought a new stake in United Airlines in the 4th quarter valued at $234,244,000. Holocene Advisors LP acquired a new stake in shares of United Airlines in the 2nd quarter valued at about $84,753,000. AQR Capital Management LLC lifted its holdings in shares of United Airlines by 56.8% in the fourth quarter. AQR Capital Management LLC now owns 2,928,657 shares of the transportation company’s stock valued at $325,549,000 after purchasing an additional 1,060,371 shares in the last quarter. Capital World Investors lifted its holdings in shares of United Airlines by 12.1% in the third quarter. Capital World Investors now owns 7,243,066 shares of the transportation company’s stock valued at $698,977,000 after purchasing an additional 783,551 shares in the last quarter. Finally, Nuveen LLC boosted its position in shares of United Airlines by 90.5% during the fourth quarter. Nuveen LLC now owns 1,528,242 shares of the transportation company’s stock worth $170,888,000 after buying an additional 726,022 shares during the period. Institutional investors own 69.69% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Wall Street Zen upgraded United Airlines from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. BMO Capital Markets upped their price target on United Airlines from $110.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Jefferies Financial Group reduced their price target on United Airlines from $118.00 to $112.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Susquehanna set a $135.00 price target on shares of United Airlines in a research note on Thursday, April 23rd. Finally, Wells Fargo & Company lowered their price objective on shares of United Airlines from $145.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, United Airlines presently has an average rating of “Moderate Buy” and a consensus target price of $139.53.

United Airlines Price Performance

Shares of NASDAQ UAL opened at $136.11 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.70 and a quick ratio of 0.64. The business has a 50-day moving average of $104.84 and a 200-day moving average of $104.92. The stock has a market capitalization of $44.18 billion, a price-to-earnings ratio of 12.15, a PEG ratio of 1.09 and a beta of 1.27. United Airlines Holdings Inc has a fifty-two week low of $77.36 and a fifty-two week high of $138.44.

United Airlines (NASDAQ:UAL) last released its earnings results on Tuesday, April 21st. The transportation company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.11. United Airlines had a return on equity of 24.33% and a net margin of 6.06%.The business had revenue of $14.61 billion for the quarter, compared to analyst estimates of $14.19 billion. During the same quarter in the prior year, the company posted $0.91 earnings per share. United Airlines’s revenue was up 10.5% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 7.000-11.000 EPS and its Q2 2026 guidance at 1.000-2.000 EPS. As a group, sell-side analysts predict that United Airlines Holdings Inc will post 10.01 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Andrew P. Nocella sold 7,000 shares of the stock in a transaction that occurred 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 owned 215,345 shares of the company’s stock, valued at approximately $19,421,965.55. This represents a 3.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO J Scott Kirby sold 48,303 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $121.30, for a total transaction of $5,859,153.90. Following the completion of the transaction, the chief executive officer directly owned 798,929 shares of the company’s stock, valued at $96,910,087.70. This represents a 5.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 96,381 shares of company stock valued at $10,837,575 in the last 90 days. 0.86% of the stock is currently owned by insiders.

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.