Elevation Point Wealth Partners LLC acquired a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) in the first quarter, HoldingsChannel.com reports. The firm acquired 6,373 shares of the transportation company’s stock, valued at approximately $587,000.
A number of other institutional investors also recently bought and sold shares of UAL. Legacy Wealth Managment LLC ID bought a new position in shares of United Airlines during the 4th quarter valued at approximately $25,000. JPL Wealth Management LLC bought a new stake in United Airlines during the 3rd quarter worth approximately $29,000. BOCHK Asset Management Ltd purchased a new position in United Airlines during the fourth quarter valued at approximately $34,000. Motiv8 Investments LLC purchased a new position in shares of United Airlines in the fourth quarter valued at about $35,000. Finally, JFS Wealth Advisors LLC lifted its position in shares of United Airlines by 51.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the transportation company’s stock valued at $36,000 after acquiring an additional 108 shares in the last quarter. Institutional investors own 69.69% of the company’s stock.
Key Stories Impacting United Airlines
Here are the key news stories impacting United Airlines this week:
- Positive Sentiment: Susquehanna raised its price target on United Airlines to $172 from $135 and kept a positive rating, signaling confidence in upside from current levels. Benzinga coverage of Susquehanna target hike
- Positive Sentiment: Morgan Stanley said airline stocks, including United, are likely to hit or beat the high end of second-quarter guidance, suggesting better-than-feared near-term results. Airline Stocks Set to Hit or Beat High End of Q2 Guidance
- Neutral Sentiment: United Airlines is trading under peer performance, reflecting general weakness across the airline group rather than company-specific news. MarketWatch comparison article
- Neutral Sentiment: A Reuters report said United must face a lawsuit over “window seats” that allegedly lack windows, a legal issue that adds headline risk but is unlikely to affect near-term fundamentals by itself. Reuters lawsuit report
- Negative Sentiment: U.S. airlines spent $6.66 billion on jet fuel in May, up 84% from a year earlier, highlighting a major cost headwind for carriers like United as oil prices rise. NY Post fuel cost article
- Negative Sentiment: Broader market commentary noted airlines and other industrial stocks fell after Iran-related attacks lifted oil prices and revived inflation concerns, which can pressure UAL’s fuel costs and profitability. Yahoo Finance market move article
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on United Airlines
United Airlines Stock Performance
Shares of UAL stock opened at $128.31 on Wednesday. The firm has a market cap of $41.65 billion, a price-to-earnings ratio of 11.46, a PEG ratio of 1.04 and a beta of 1.25. United Airlines Holdings Inc has a 52-week low of $79.86 and a 52-week high of $138.77. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 1.38. The company’s 50 day moving average is $110.14 and its 200 day moving average is $106.15.
United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The transportation company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.08 by $0.11. United Airlines had a net margin of 6.06% and a return on equity of 24.33%. The business had revenue of $14.61 billion during the quarter, compared to analyst estimates of $14.19 billion. During the same period in the prior year, the firm posted $0.91 earnings per share. The company’s quarterly 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. On average, sell-side analysts anticipate that United Airlines Holdings Inc will post 10 EPS for the current fiscal year.
Insider Activity at United Airlines
In other news, CEO J Scott Kirby sold 1,078 shares of United Airlines stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $120.74, for a total transaction of $130,157.72. Following the completion of the transaction, the chief executive officer directly owned 797,851 shares of the company’s stock, valued at $96,332,529.74. The trade was a 0.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew P. Nocella sold 7,000 shares of United Airlines stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $90.19, for a total value of $631,330.00. Following the completion of the transaction, 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 disclosure for this sale is available in the SEC filing. Insiders have sold a total of 96,381 shares of company stock worth $10,837,575 over the last quarter. Insiders own 0.86% of the company’s stock.
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.
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