Arizona State Retirement System Boosts Stake in UnitedHealth Group Incorporated $UNH

Key Points

• Arizona State Retirement System increased its UnitedHealth Group stake by 1.5% in the second quarter, bringing its holdings to 251,862 shares valued at approximately $104.7 million. Institutional investors collectively own 87.86% of the company.
• Analysts remain broadly positive on UNH, with an average rating of “Moderate Buy” and a consensus price target of $456.56; several firms recently raised their targets.
• UnitedHealth reported quarterly earnings of $6.38 per share, beating estimates by $1.44, while revenue reached $112.03 billion. The company also declared a quarterly dividend of $2.32 per share, representing a 2.3% annualized yield.

Arizona State Retirement System lifted its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 1.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 251,862 shares of the healthcare conglomerate's stock after purchasing an additional 3,679 shares during the quarter. Arizona State Retirement System's holdings in UnitedHealth Group were worth $104,681,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of the stock. LFG Wealth Partners LLC grew its stake in shares of UnitedHealth Group by 3.3% in the second quarter. LFG Wealth Partners LLC now owns 853 shares of the healthcare conglomerate's stock worth $355,000 after acquiring an additional 27 shares in the last quarter. Synergy Financial Group LTD boosted its holdings in UnitedHealth Group by 3.1% in the second quarter. Synergy Financial Group LTD now owns 887 shares of the healthcare conglomerate's stock valued at $369,000 after purchasing an additional 27 shares during the period. Ares Financial Consulting LLC grew its stake in UnitedHealth Group by 7.2% during the 2nd quarter. Ares Financial Consulting LLC now owns 419 shares of the healthcare conglomerate's stock worth $174,000 after purchasing an additional 28 shares in the last quarter. Rockland Trust Co. raised its position in UnitedHealth Group by 1.1% in the 2nd quarter. Rockland Trust Co. now owns 2,589 shares of the healthcare conglomerate's stock valued at $1,076,000 after purchasing an additional 29 shares in the last quarter. Finally, Matrix Trust Co grew its position in shares of UnitedHealth Group by 24.8% during the second quarter. Matrix Trust Co now owns 146 shares of the healthcare conglomerate's stock worth $61,000 after buying an additional 29 shares in the last quarter. Hedge funds and other institutional investors own 87.86% of the company's stock.

Insider Activity

In other UnitedHealth Group news, CEO Patrick Conway sold 1,169 shares of the firm's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $390.00, for a total value of $455,910.00. Following the completion of the sale, the chief executive officer owned 15,328 shares of the company's stock, valued at approximately $5,977,920. This trade represents a 7.09% 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. Company insiders own 0.19% of the company's stock.

Analyst Ratings Changes

UNH has been the subject of several analyst reports. Oppenheimer boosted their price target on shares of UnitedHealth Group from $420.00 to $500.00 and gave the stock an "outperform" rating in a report on Friday, July 17th. JPMorgan Chase & Co. boosted their target price on shares of UnitedHealth Group from $466.00 to $516.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 21st. Wall Street Zen upgraded UnitedHealth Group from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Robert W. Baird raised UnitedHealth Group from an "underperform" rating to a "neutral" rating and upped their price objective for the stock from $287.00 to $453.00 in a research report on Thursday, July 16th. Finally, Mizuho raised their target price on UnitedHealth Group from $470.00 to $493.00 and gave the stock an "outperform" rating in a research report on Monday, July 20th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $456.56.

UnitedHealth Group Stock Performance

NYSE UNH traded up $4.12 during trading hours on Tuesday, hitting $401.25. The company had a trading volume of 7,048,300 shares, compared to its average volume of 7,640,271. The business has a 50 day moving average of $411.20 and a 200-day moving average of $365.42. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.78 and a current ratio of 0.78. UnitedHealth Group Incorporated has a 1-year low of $255.96 and a 1-year high of $461.62. The company has a market cap of $360.16 billion, a PE ratio of 25.82, a price-to-earnings-growth ratio of 1.49 and a beta of 0.61.

UnitedHealth Group (NYSE:UNH - Get Free Report) last announced its earnings results on Thursday, July 16th. The healthcare conglomerate reported $6.38 EPS for the quarter, beating analysts' consensus estimates of $4.94 by $1.44. The business had revenue of $112.03 billion for the quarter, compared to analysts' expectations of $110.81 billion. UnitedHealth Group had a net margin of 3.14% and a return on equity of 16.53%. The company's quarterly revenue was up .4% on a year-over-year basis. During the same period in the previous year, the company posted $4.08 EPS. UnitedHealth Group has set its FY 2026 guidance at 19.500-20.000 EPS. As a group, equities research analysts expect that UnitedHealth Group Incorporated will post 19.82 EPS for the current year.

UnitedHealth Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Monday, September 14th will be issued a $2.32 dividend. This represents a $9.28 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Monday, September 14th. UnitedHealth Group's payout ratio is currently 59.72%.

About UnitedHealth Group

UnitedHealth Group Inc is a diversified health care company headquartered in Minnetonka, Minnesota, that operates two primary business platforms: UnitedHealthcare and Optum. Founded in 1977, the company provides a broad range of health benefits and health care services to individuals, employers, governmental entities and other organizations. Its operations span commercial employer-sponsored plans, individual and Medicare and Medicaid programs, and services for customers and health systems in the United States and selected international markets.

UnitedHealthcare is the company's benefits business, administering health plans and networks, managing provider relationships, and offering coverage products for employers, individuals, and government-sponsored programs.

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