Amundi Has $260.67 Million Stock Position in United Airlines Holdings Inc $UAL

Key Points

• Amundi increased its United Airlines stake by 57.4% in the second quarter, adding 699,334 shares for a total position worth approximately $260.7 million. Institutional investors collectively own 69.69% of UAL.
• Analysts maintain a positive outlook, with 16 Buy ratings and two Holds producing a consensus “Moderate Buy” rating and a $157.74 price target.
• United Airlines beat quarterly earnings expectations, reporting $1.99 in adjusted EPS and $17.67 billion in revenue, up 16.4% year over year. The company issued fiscal 2026 EPS guidance of $9.00–$11.00.

Amundi boosted its holdings in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 57.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,916,864 shares of the transportation company's stock after purchasing an additional 699,334 shares during the quarter. Amundi owned about 0.59% of United Airlines worth $260,674,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Primecap Management Co. CA bought a new stake in shares of United Airlines in the 2nd quarter valued at $2,238,617,000. California State Teachers Retirement System lifted its position in shares of United Airlines by 12,137.0% during the 2nd quarter. California State Teachers Retirement System now owns 13,326,068 shares of the transportation company's stock valued at $1,812,212,000 after acquiring an additional 13,217,168 shares during the period. Norges Bank bought a new position in United Airlines during the fourth quarter worth $234,244,000. Deutsche Bank AG bought a new position in United Airlines during the second quarter worth $178,571,000. Finally, Bank of New York Mellon Corp acquired a new stake in United Airlines in the second quarter worth $178,508,000. 69.69% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at United Airlines

In other United Airlines news, EVP Torbjorn Enqvist sold 20,000 shares of the stock in a transaction on Friday, July 24th. The stock was 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 approximately $13,765,668. This represents a 14.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Andrew Nocella sold 5,000 shares of the firm's stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $117.00, for a total value of $585,000.00. Following the completion of the sale, the executive vice president directly owned 214,955 shares of the company's stock, valued at $25,149,735. This represents a 2.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 271,010 shares of company stock valued at $32,317,909 in the last three months. 0.86% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on UAL. JPMorgan Chase & Co. lifted their price target on shares of United Airlines from $156.00 to $203.00 and gave the company an "overweight" rating in a research note on Friday, July 17th. Weiss Ratings reissued a "hold (c+)" rating on shares of United Airlines in a research report on Friday, July 17th. Susquehanna dropped their price target on United Airlines from $172.00 to $165.00 and set a "positive" rating on the stock in a research note on Friday, July 17th. Zacks Research raised United Airlines from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 11th. Finally, Barclays upped their target price on United Airlines from $150.00 to $175.00 and gave the stock an "overweight" rating in a research report on Thursday, June 25th. Sixteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, United Airlines has a consensus rating of "Moderate Buy" and a consensus target price of $157.74.

United Airlines Price Performance

United Airlines stock opened at $111.38 on Tuesday. United Airlines Holdings Inc has a fifty-two week low of $84.64 and a fifty-two week high of $138.77. The firm's 50-day simple moving average is $121.07 and its 200 day simple moving average is $108.49. The stock has a market cap of $36.15 billion, a PE ratio of 10.42, a price-to-earnings-growth ratio of 0.90 and a beta of 1.27. 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 quarterly 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 net margin of 5.56% and a return on equity of 19.05%. The company had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. During the same quarter in the prior year, the business earned $3.87 earnings per share. The firm's revenue for the quarter 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 EPS 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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