Bleakley Financial Group LLC Buys New Stake in United Airlines Holdings Inc $UAL

Bleakley Financial Group LLC bought a new stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,200 shares of the transportation company's stock, valued at approximately $812,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pacer Advisors Inc. raised its holdings in shares of United Airlines by 10,777.6% in the 1st quarter. Pacer Advisors Inc. now owns 5,068,103 shares of the transportation company's stock valued at $349,953,000 after buying an additional 5,021,511 shares during the period. Alyeska Investment Group L.P. grew its position in United Airlines by 86.4% in the 1st quarter. Alyeska Investment Group L.P. now owns 3,985,560 shares of the transportation company's stock valued at $275,203,000 after acquiring an additional 1,847,884 shares in the last quarter. AQR Capital Management LLC increased its stake in United Airlines by 334.6% during the first quarter. AQR Capital Management LLC now owns 1,793,454 shares of the transportation company's stock worth $116,539,000 after purchasing an additional 1,380,804 shares during the period. Allianz Asset Management GmbH lifted its position in shares of United Airlines by 1,575.1% during the first quarter. Allianz Asset Management GmbH now owns 1,277,374 shares of the transportation company's stock worth $88,203,000 after purchasing an additional 1,201,118 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of United Airlines in the first quarter valued at approximately $72,722,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UAL has been the topic of a number of recent research reports. TD Cowen upped their price objective on United Airlines from $127.00 to $138.00 and gave the stock a "buy" rating in a research report on Monday, October 20th. Susquehanna upped their price target on United Airlines from $109.00 to $115.00 and gave the stock a "positive" rating in a report on Friday, October 3rd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of United Airlines in a research report on Friday. Morgan Stanley reiterated an "overweight" rating and issued a $140.00 price objective on shares of United Airlines in a research note on Friday, October 17th. Finally, Barclays raised their target price on shares of United Airlines from $115.00 to $135.00 and gave the company an "overweight" rating in a report on Friday, October 17th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $124.93.

United Airlines Stock Up 3.8%

Shares of NASDAQ UAL opened at $99.31 on Friday. The stock has a market cap of $32.15 billion, a PE ratio of 9.95, a price-to-earnings-growth ratio of 0.92 and a beta of 1.45. United Airlines Holdings Inc has a 52-week low of $52.00 and a 52-week high of $116.00. The business has a 50-day moving average price of $101.76 and a 200 day moving average price of $87.45. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 1.45.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share for the quarter, topping analysts' consensus estimates of $2.65 by $0.13. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The firm had revenue of $15.23 billion during the quarter, compared to analysts' expectations of $15.31 billion. During the same quarter in the prior year, the business earned $3.33 EPS. United Airlines's quarterly revenue was up 2.6% compared to the same quarter last year. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Equities research analysts forecast that United Airlines Holdings Inc will post 12.96 earnings per share for the current year.

Insider Transactions at United Airlines

In other news, Director Barney Harford sold 15,823 shares of the stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $90.03, for a total value of $1,424,544.69. Following the completion of the transaction, the director owned 89,000 shares in the company, valued at $8,012,670. This trade represents a 15.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kate Gebo sold 29,953 shares of United Airlines stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $97.59, for a total transaction of $2,923,113.27. Following the transaction, the executive vice president owned 45,496 shares of the company's stock, valued at approximately $4,439,954.64. The trade was a 39.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 62,019 shares of company stock worth $5,930,824 over the last ninety days. 0.71% of the stock is currently owned by company insiders.

About United Airlines

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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