Beaconlight Capital LLC Buys Shares of 35,175 United Airlines Holdings Inc $UAL

Beaconlight Capital LLC bought a new position in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 35,175 shares of the transportation company's stock, valued at approximately $4,783,000. United Airlines comprises about 1.7% of Beaconlight Capital LLC's investment portfolio, making the stock its 18th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UAL. Legacy Wealth Managment LLC ID acquired a new position in United Airlines in the fourth quarter worth approximately $25,000. Dunhill Financial LLC acquired a new stake in United Airlines in the second quarter valued at approximately $25,000. Western Wealth Management LLC bought a new stake in United Airlines in the first quarter worth approximately $27,000. Elevation Wealth Partners LLC grew its position in United Airlines by 393.0% in the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company's stock worth $29,000 after acquiring an additional 169 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new position in shares of United Airlines during the 2nd quarter worth $29,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Price Performance

United Airlines stock opened at $110.60 on Monday. The firm has a market cap of $35.90 billion, a price-to-earnings ratio of 10.35, a P/E/G ratio of 0.89 and a beta of 1.28. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. United Airlines Holdings Inc has a fifty-two week low of $84.64 and a fifty-two week high of $138.77. The firm has a fifty day moving average price of $123.55 and a two-hundred day moving average price of $108.63.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.88 by $0.11. The company had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The firm's revenue was up 16.4% compared to the same quarter last year. During the same period last year, the business posted $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, analysts forecast that United Airlines Holdings Inc will post 9.91 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Torbjorn J. Enqvist sold 20,000 shares of the company's stock in a transaction that occurred 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 in the company, valued at $13,765,668. The trade was a 14.84% decrease in their ownership of the stock. The sale was disclosed in a 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 completion of the sale, the chief executive officer directly owned 797,851 shares of the company's stock, valued at $94,186,310.55. This represents a 16.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 271,010 shares of company stock worth $32,317,909. Corporate insiders own 0.86% of the company's stock.

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Jefferies Financial Group restated a "buy" rating and set a $155.00 price target on shares of United Airlines in a report on Sunday, July 19th. Wall Street Zen downgraded shares of United Airlines from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Wells Fargo & Company raised their target price on United Airlines from $130.00 to $165.00 and gave the company an "overweight" rating in a report on Tuesday, June 30th. UBS Group boosted their price target on United Airlines from $148.00 to $153.00 and gave the stock a "buy" rating in a research report on Tuesday, June 23rd. Finally, JPMorgan Chase & Co. upped their price target on United Airlines from $156.00 to $203.00 and gave the stock an "overweight" rating in a research note on Friday, July 17th. Sixteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, United Airlines presently has an average rating of "Moderate Buy" and a consensus target price of $157.74.

About United Airlines

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.

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.

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