Legal & General Group Plc Invests $95.78 Million in United Airlines Holdings Inc $UAL

Legal & General Group Plc acquired a new stake in United Airlines Holdings Inc (NASDAQ:UAL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 704,293 shares of the transportation company’s stock, valued at approximately $95,777,000. Legal & General Group Plc owned 0.22% of United Airlines as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. State Street Corp lifted its holdings in shares of United Airlines by 0.5% in the 4th quarter. State Street Corp now owns 11,510,200 shares of the transportation company’s stock valued at $1,287,071,000 after buying an additional 52,962 shares during the period. Geode Capital Management LLC lifted its holdings in United Airlines by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 9,012,731 shares of the transportation company’s stock valued at $1,015,218,000 after acquiring an additional 68,565 shares during the period. Capital World Investors lifted its holdings in United Airlines by 0.3% in the fourth quarter. Capital World Investors now owns 7,265,530 shares of the transportation company’s stock valued at $812,428,000 after acquiring an additional 22,464 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of United Airlines by 3.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,664,538 shares of the transportation company’s stock worth $521,330,000 after purchasing an additional 190,017 shares in the last quarter. Finally, Par Capital Management Inc. boosted its position in shares of United Airlines by 1.6% during the 4th quarter. Par Capital Management Inc. now owns 4,894,850 shares of the transportation company’s stock worth $547,342,000 after purchasing an additional 75,000 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at United Airlines

In other news, EVP Torbjorn J. Enqvist sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $119.91, for a total transaction of $2,398,200.00. Following the completion of the transaction, the executive vice president directly owned 114,800 shares of the company’s stock, valued at $13,765,668. This trade represents 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 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 of the company’s stock, valued at $94,186,310.55. This 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 271,010 shares of company stock valued at $32,317,909 over the last three months. Company insiders own 0.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on UAL. BMO Capital Markets increased their price target on shares of United Airlines from $130.00 to $157.50 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Wall Street Zen downgraded shares of United Airlines from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Morgan Stanley upped their target price on shares of United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Sanford C. Bernstein increased their target price on shares of United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Finally, Citigroup lifted their price target on shares of United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Sixteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $157.74.

Key United Airlines News

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

• Positive Sentiment: Higher airfares could support revenue and margins. Industry fares have risen 25.5%, and airline executives—including United’s management—indicate that prices may have room to increase further. This could improve the company’s earnings outlook if demand remains resilient. Airfares Are Up 25.5% and United Says It’s Set To Increase More
• Positive Sentiment: United announced its largest-ever international expansion. The airline plans to add 10 international destinations and exclusive nonstop routes in 2027, with the A321XLR scheduled for select long-haul services. United expects to be the only U.S. carrier serving eight of the new cities, potentially strengthening its premium and international network position. United Airlines Maps Its Biggest Ever International Buildout
• Positive Sentiment: Competitive positioning remains favorable. United and Delta were described as outperforming American Airlines, whose rejected merger proposal leaves it facing an uncertain turnaround. Relative strength among major carriers may support United’s market share and investor appeal. American Airlines Faces a Reckoning
• Neutral Sentiment: Executive stock sale was limited in size. EVP Andrew P. Nocella sold 5,000 shares for approximately $585,000, reducing his direct holdings by 2.27%. The transaction may weigh modestly on sentiment, but he retained a substantial position. Andrew P. Nocella Insider Trading
• Negative Sentiment: UAL declined even as the broader market advanced. Coverage from Zacks and Yahoo Finance offered no major new company-specific negative catalyst, suggesting profit-taking, sector rotation, or investor concerns about valuation and execution may be driving the underperformance. United Airlines Stock Sinks as Market Gains
• Negative Sentiment: TD Cowen lowered its expectations for United’s stock price. The reduced analyst outlook likely added pressure by signaling less near-term upside, despite United’s favorable fare environment and expansion plans. TD Cowen Has Lowered Expectations for United Airlines

United Airlines Price Performance

United Airlines stock opened at $112.39 on Friday. The firm has a market capitalization of $36.48 billion, a PE ratio of 10.51, a P/E/G ratio of 0.93 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 firm’s 50-day simple moving average is $123.71 and its 200 day simple moving average is $108.67. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45.

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 the consensus estimate of $1.88 by $0.11. The firm had revenue of $17.67 billion during the quarter, compared to the consensus estimate of $17.62 billion. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same period last year, the firm posted $3.87 EPS. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, equities research analysts predict that United Airlines Holdings Inc will post 9.91 EPS for the current fiscal year.

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.