Patient Capital Management LLC bought a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 731,523 shares of the transportation company's stock, valued at approximately $99,480,000. United Airlines accounts for approximately 3.3% of Patient Capital Management LLC's investment portfolio, making the stock its 14th largest holding. Patient Capital Management LLC owned 0.23% of United Airlines as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp grew its holdings in United Airlines by 0.5% in the 4th quarter. State Street Corp now owns 11,510,200 shares of the transportation company's stock worth $1,287,071,000 after buying an additional 52,962 shares in the last quarter. Geode Capital Management LLC raised its stake in United Airlines by 0.8% during the 4th 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 in the last quarter. Capital World Investors boosted its position in United Airlines by 0.3% during the 4th quarter. Capital World Investors now owns 7,265,530 shares of the transportation company's stock worth $812,428,000 after acquiring an additional 22,464 shares during the period. Dimensional Fund Advisors LP boosted its position in 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 acquiring an additional 190,017 shares during the period. Finally, Par Capital Management Inc. grew its stake in shares of United Airlines by 1.6% in the fourth 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 institutional investors and hedge funds.
Insider Activity at United Airlines
In related news, EVP Torbjorn J. Enqvist sold 20,000 shares of the company's stock in a transaction 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 in the company, valued at $13,765,668. This represents a 14.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 firm's stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the completion of the sale, the chief executive officer owned 797,851 shares in the company, 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. Over the last quarter, insiders sold 306,010 shares of company stock valued at $35,949,843. 0.86% of the stock is owned by corporate insiders.
United Airlines Stock Performance
NASDAQ:UAL opened at $113.17 on Monday. The stock's 50 day moving average price is $124.00 and its 200 day moving average price is $108.55. United Airlines Holdings Inc has a 52 week low of $84.64 and a 52 week high of $138.77. The company has a market capitalization of $36.73 billion, a P/E ratio of 10.59, a P/E/G ratio of 0.87 and a beta of 1.28. 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 - Get Free Report) 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. 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 period last year, the company earned $3.87 earnings per share. The business's revenue was up 16.4% compared to the same quarter last year. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, research analysts forecast that United Airlines Holdings Inc will post 10.38 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on UAL. Wall Street Zen downgraded United Airlines from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Bank of America lifted their price target on United Airlines from $145.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, July 1st. Jefferies Financial Group reissued a "buy" rating and issued a $155.00 price objective on shares of United Airlines in a research note on Sunday, July 19th. Citigroup lifted their target price on United Airlines from $132.00 to $171.00 and gave the stock a "buy" rating in a report on Monday, June 22nd. Finally, UBS Group boosted their price target on shares of United Airlines from $148.00 to $153.00 and gave the stock a "buy" rating in a research report on Tuesday, June 23rd. Sixteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $156.79.
Check Out Our Latest Stock Analysis on United Airlines
About United Airlines
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding UAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Airlines Holdings Inc (NASDAQ:UAL - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider United Airlines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United Airlines wasn't on the list.
While United Airlines currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
