Clear Harbor Asset Management LLC Makes New $2.45 Million Investment in United Airlines Holdings Inc $UAL

Key Points

• Clear Harbor Asset Management purchased 17,983 United Airlines shares worth approximately $2.45 million during the second quarter. Institutional investors collectively own 69.69% of UAL.
• Analysts remain broadly positive, with 16 Buy ratings and two Holds; United Airlines has a consensus “Moderate Buy” rating and an average price target of $156.79.
• United Airlines beat quarterly earnings expectations, reporting $1.99 in EPS versus the $1.88 estimate and $17.67 billion in revenue, up 16.4% year over year. The company issued fiscal 2026 EPS guidance of $9 to $11.

Clear Harbor Asset Management LLC acquired a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 17,983 shares of the transportation company's stock, valued at approximately $2,446,000.

Several other hedge funds have also recently modified their holdings of UAL. Norges Bank purchased a new position in United Airlines during the fourth quarter valued at $234,244,000. Deutsche Bank AG purchased a new stake in shares of United Airlines in the second quarter worth about $178,571,000. Bank of New York Mellon Corp bought a new position in shares of United Airlines during the 2nd quarter valued at approximately $178,508,000. Holocene Advisors LP purchased a new position in shares of United Airlines in the second quarter valued at $84,753,000. Finally, AQR Capital Management LLC increased its position in United Airlines by 56.8% in the fourth quarter. AQR Capital Management LLC now owns 2,928,657 shares of the transportation company's stock worth $325,549,000 after purchasing an additional 1,060,371 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company's stock.

Insider Buying and Selling at United Airlines

In related news, CEO J Scott Kirby sold 159,321 shares of the company's stock in a transaction dated 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Andrew P. Nocella sold 4,200 shares of the company's stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $120.48, for a total transaction of $506,016.00. Following the completion of the sale, the executive vice president directly owned 222,955 shares of the company's stock, valued at approximately $26,861,618.40. This trade represents a 1.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 306,010 shares of company stock worth $35,949,843. Insiders own 0.86% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Morgan Stanley boosted their target price on shares of United Airlines from $185.00 to $190.00 and gave the stock an "overweight" rating in a report on Thursday, July 16th. Susquehanna decreased their price objective on United Airlines from $172.00 to $165.00 and set a "positive" rating on the stock in a research report on Friday, July 17th. Barclays boosted their target price on United Airlines from $150.00 to $175.00 and gave the company an "overweight" rating in a research report on Thursday, June 25th. Sanford C. Bernstein raised their price target on United Airlines from $136.00 to $153.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 1st. Finally, Wells Fargo & Company boosted their price objective on shares of United Airlines from $130.00 to $165.00 and gave the company an "overweight" rating in a research report on Tuesday, June 30th. Sixteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, United Airlines has a consensus rating of "Moderate Buy" and an average price target of $156.79.

United Airlines Price Performance

Shares of UAL stock opened at $113.17 on Friday. The company has a market capitalization of $36.73 billion, a P/E ratio of 10.59, a P/E/G ratio of 0.87 and a beta of 1.28. The company's 50-day simple moving average is $124.00 and its two-hundred day simple moving average is $108.55. United Airlines Holdings Inc has a one year low of $84.64 and a one year high of $138.77. 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 announced its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.88 by $0.11. The firm had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.United Airlines's quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, equities analysts anticipate that United Airlines Holdings Inc will post 10.38 EPS for the current year.

United Airlines Company Profile

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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