Axxcess Wealth Management LLC Increases Stock Position in United Airlines Holdings Inc $UAL

Key Points

• Axxcess Wealth Management LLC increased its stake in United Airlines Holdings Inc by 29.5% during the second quarter, holding 11,780 shares valued at $938,000.
• United Airlines recently reported $2.78 earnings per share (EPS) for the quarter, exceeding expectations, although revenue fell slightly short of estimates at $15.23 billion.
• Research analysts have set new price targets for United Airlines, with a consensus of $123.38, and most analysts rating the stock as a "Buy."

Axxcess Wealth Management LLC boosted its stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 29.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,780 shares of the transportation company's stock after acquiring an additional 2,684 shares during the period. Axxcess Wealth Management LLC's holdings in United Airlines were worth $938,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of UAL. Bison Wealth LLC acquired a new position in United Airlines in the fourth quarter valued at $246,000. GAMMA Investing LLC increased its stake in United Airlines by 6.1% in the first quarter. GAMMA Investing LLC now owns 5,222 shares of the transportation company's stock valued at $361,000 after purchasing an additional 300 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in United Airlines by 1.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,743 shares of the transportation company's stock valued at $1,639,000 after purchasing an additional 403 shares during the period. Ritholtz Wealth Management acquired a new position in United Airlines in the first quarter valued at $393,000. Finally, Exchange Traded Concepts LLC increased its stake in United Airlines by 132.9% in the first quarter. Exchange Traded Concepts LLC now owns 7,503 shares of the transportation company's stock valued at $518,000 after purchasing an additional 4,281 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.

United Airlines Stock Performance

Shares of UAL opened at $98.19 on Friday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.65 and a current ratio of 0.70. The company has a market capitalization of $31.79 billion, a price-to-earnings ratio of 9.84, a PEG ratio of 1.32 and a beta of 1.45. The company's 50 day simple moving average is $101.46 and its 200 day simple moving average is $85.72. United Airlines Holdings Inc has a 1 year low of $52.00 and a 1 year high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings data on Wednesday, October 15th. The transportation company reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.65 by $0.13. The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.31 billion. United Airlines had a net margin of 5.64% and a return on equity of 27.68%. The company's quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. On average, sell-side analysts predict that United Airlines Holdings Inc will post 12.96 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Susquehanna lifted their price objective on shares of United Airlines from $109.00 to $115.00 and gave the company a "positive" rating in a research note on Friday, October 3rd. TD Cowen lifted their price objective on shares of United Airlines from $101.00 to $127.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Cowen reiterated a "buy" rating on shares of United Airlines in a research note on Tuesday, July 15th. Bank of America increased their price target on shares of United Airlines from $90.00 to $108.00 and gave the stock a "buy" rating in a report on Friday, July 18th. Finally, Jefferies Financial Group upped their target price on shares of United Airlines from $115.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $123.38.

Insider Activity

In related news, Director Michelle Freyre sold 900 shares of the company's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $92.13, for a total transaction of $82,917.00. Following the transaction, the director owned 829 shares of the company's stock, valued at approximately $76,375.77. This represents a 52.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Brett J. Hart sold 24,772 shares of the company's stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of $89.50, for a total transaction of $2,217,094.00. Following the transaction, the president directly owned 283,638 shares in the company, valued at $25,385,601. The trade was a 8.03% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 86,791 shares of company stock worth $8,147,918. 0.71% of the stock is currently owned by corporate insiders.

United Airlines Profile

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.

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