Public Employees Retirement System of Ohio purchased a new position in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 151,139 shares of the transportation company’s stock, valued at approximately $20,553,000.
Several other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada lifted its position in shares of United Airlines by 11.2% in the 1st quarter. Royal Bank of Canada now owns 418,647 shares of the transportation company’s stock worth $38,544,000 after acquiring an additional 42,111 shares during the period. Phoenix Financial Ltd. grew its stake in United Airlines by 129.6% during the fourth quarter. Phoenix Financial Ltd. now owns 23,183 shares of the transportation company’s stock worth $2,592,000 after buying an additional 13,085 shares during the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in United Airlines in the 4th quarter valued at $1,872,000. Swedbank AB increased its stake in shares of United Airlines by 47.0% in the fourth quarter. Swedbank AB now owns 127,807 shares of the transportation company’s stock valued at $14,291,000 after buying an additional 40,853 shares in the last quarter. Finally, Leonteq Securities AG bought a new position in shares of United Airlines in the fourth quarter valued at about $5,685,000. Institutional investors own 69.69% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on UAL shares. Sanford C. Bernstein raised their price objective on shares of United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Susquehanna decreased their price target on shares of United Airlines from $172.00 to $165.00 and set a “positive” rating on the stock in a research note on Friday, July 17th. Barclays raised their price target on shares of United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. The Goldman Sachs Group increased their price objective on United Airlines from $131.00 to $162.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Finally, Wall Street Zen cut 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. Based on data from MarketBeat.com, United Airlines presently has a consensus rating of “Moderate Buy” and an average target price of $157.74.
Insider Buying and Selling at United Airlines
In related news, President Brett J. Hart sold 30,108 shares of United Airlines stock in a transaction dated 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 owned 371,583 shares of the company’s stock, valued at approximately $44,857,499.76. The trade was a 7.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 the stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the transaction, the chief executive officer directly owned 797,851 shares of the company’s stock, valued at $94,186,310.55. This trade 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 a total of 271,010 shares of company stock valued at $32,317,909 over the last quarter. 0.86% of the stock is currently owned by corporate insiders.
United Airlines News Roundup
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 Price Performance
Shares of NASDAQ UAL opened at $110.60 on Friday. The company has a fifty day moving average price of $123.55 and a 200 day moving average price of $108.68. The firm has a market cap of $35.90 billion, a PE ratio of 10.35, a PEG ratio of 0.89 and a beta of 1.28. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a 1-year low of $84.64 and a 1-year high of $138.77.
United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping 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 firm had revenue of $17.67 billion during the quarter, compared to the consensus estimate of $17.62 billion. During the same quarter in the prior year, the firm posted $3.87 EPS. The business’s revenue was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Research analysts predict that United Airlines Holdings Inc will post 9.91 earnings per share for the current fiscal year.
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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