Callan Family Office LLC acquired a new stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 15,167 shares of the transportation company's stock, valued at approximately $2,063,000.
Several other large investors also recently modified their holdings of the company. State Street Corp raised its stake in United Airlines by 0.5% during the fourth quarter. State Street Corp now owns 11,510,200 shares of the transportation company's stock worth $1,287,071,000 after buying an additional 52,962 shares during the last quarter. Geode Capital Management LLC boosted its position in United Airlines by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 9,012,731 shares of the transportation company's stock valued at $1,015,218,000 after acquiring an additional 68,565 shares during the last quarter. Capital World Investors boosted its position in United Airlines by 0.3% during the fourth quarter. Capital World Investors now owns 7,265,530 shares of the transportation company's stock valued at $812,428,000 after acquiring an additional 22,464 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in United Airlines by 3.5% during the first quarter. Dimensional Fund Advisors LP now owns 5,664,538 shares of the transportation company's stock valued at $521,330,000 after acquiring an additional 190,017 shares during the last quarter. Finally, Par Capital Management Inc. grew its holdings in United Airlines by 1.6% during the 4th quarter. Par Capital Management Inc. now owns 4,894,850 shares of the transportation company's stock worth $547,342,000 after acquiring an additional 75,000 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, EVP Kate Gebo sold 34,669 shares of the company's stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total value of $3,654,459.29. Following the completion of the sale, the executive vice president owned 67,707 shares in the company, valued at $7,136,994.87. This represents a 33.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, President Brett J. Hart sold 30,108 shares of the firm's stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $120.72, for a total transaction of $3,634,637.76. Following the transaction, the president directly owned 371,583 shares in the company, valued at $44,857,499.76. The trade was a 7.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 306,010 shares of company stock worth $35,949,843. Company insiders own 0.86% of the company's stock.
Analysts Set New Price Targets
Several research analysts have recently weighed in on the company. Wells Fargo & Company lifted their price objective on United Airlines from $130.00 to $165.00 and gave the stock an "overweight" rating in a research report on Tuesday, June 30th. Bank of America upped their target price on United Airlines from $145.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, July 1st. Zacks Research raised United Airlines from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 11th. Susquehanna lowered their target price on United Airlines from $172.00 to $165.00 and set a "positive" rating for the company in a report on Friday, July 17th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of United Airlines in a research note on Friday, July 17th. Sixteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, United Airlines presently has an average rating of "Moderate Buy" and an average target price of $156.79.
Read Our Latest Research Report on United Airlines
United Airlines Stock Performance
Shares of United Airlines stock opened at $113.17 on Friday. United Airlines Holdings Inc has a one year low of $84.64 and a one year high of $138.77. The firm has a market capitalization of $36.73 billion, a price-to-earnings ratio of 10.59, a PEG ratio of 0.87 and a beta of 1.28. The business has a 50-day simple moving average of $124.00 and a 200 day simple moving average of $108.55. 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 (NASDAQ:UAL - Get Free Report) last released its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping 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 firm had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. During the same quarter in the prior year, the company posted $3.87 earnings per share. The business's revenue was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, research analysts anticipate that United Airlines Holdings Inc will post 10.38 earnings per share for the current fiscal year.
About United Airlines
(
Free Report)
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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