J. Goldman & Co LP Makes New Investment in United Airlines Holdings Inc $UAL

Key Points

• J. Goldman & Co. LP initiated a position in United Airlines by purchasing 57,554 shares worth approximately $7.8 million. Institutional investors collectively own 69.69% of UAL.
• Analysts maintain a favorable outlook, with 16 Buy ratings and two Holds producing a consensus “Moderate Buy” rating and an average price target of $157.74. United also exceeded quarterly EPS and revenue expectations and reported 16.4% year-over-year revenue growth.
• United plans to add 10 international destinations and three routes in Europe and Asia for 2027, supported by expected Airbus A321XLR deliveries and continued strong overseas travel demand.

J. Goldman & Co LP purchased a new position in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 57,554 shares of the transportation company's stock, valued at approximately $7,827,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Bison Wealth LLC bought a new position in shares of United Airlines in the fourth quarter worth approximately $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in United Airlines by 24.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company's stock worth $2,753,000 after acquiring an additional 7,713 shares during the last quarter. Focus Partners Wealth raised its holdings in United Airlines by 92.7% in the 1st quarter. Focus Partners Wealth now owns 12,349 shares of the transportation company's stock worth $853,000 after acquiring an additional 5,939 shares during the last quarter. First Trust Advisors LP lifted its position in United Airlines by 23.5% in the 2nd quarter. First Trust Advisors LP now owns 292,580 shares of the transportation company's stock valued at $23,298,000 after acquiring an additional 55,728 shares in the last quarter. Finally, Cresset Asset Management LLC boosted its stake in United Airlines by 73.5% during the 2nd quarter. Cresset Asset Management LLC now owns 9,410 shares of the transportation company's stock valued at $749,000 after purchasing an additional 3,987 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

Insider Transactions at United Airlines

In related news, President Brett J. Hart sold 30,108 shares of the firm's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $120.72, for a total value of $3,634,637.76. Following the completion of the transaction, the president directly owned 371,583 shares of the company's stock, valued at approximately $44,857,499.76. This trade represents a 7.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Andrew P. Nocella sold 4,200 shares of the company's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $120.48, for a total transaction of $506,016.00. Following the sale, the executive vice president directly owned 222,955 shares in the company, valued at approximately $26,861,618.40. The trade was a 1.85% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 266,010 shares of company stock valued at $31,732,909 over the last quarter. 0.86% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on UAL shares. BMO Capital Markets boosted their target price on United Airlines from $130.00 to $157.50 and gave the stock an "outperform" rating in a research report on Thursday, July 2nd. Zacks Research upgraded shares of United Airlines from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 11th. Sanford C. Bernstein boosted their price objective on shares of United Airlines from $136.00 to $153.00 and gave the company an "outperform" rating in a report on Wednesday, July 1st. Weiss Ratings restated a "hold (c+)" rating on shares of United Airlines in a report on Friday, July 17th. Finally, Barclays lifted their target price on shares of United Airlines from $150.00 to $175.00 and gave the stock an "overweight" rating in a research report on Thursday, June 25th. Sixteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $157.74.

United Airlines Trading Up 3.4%

UAL stock opened at $117.41 on Wednesday. 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 1-year low of $84.64 and a 1-year high of $138.77. The business has a 50 day simple moving average of $123.85 and a two-hundred day simple moving average of $108.63. The company has a market capitalization of $38.11 billion, a price-to-earnings ratio of 10.98, a PEG ratio of 0.87 and a beta of 1.28.

United Airlines (NASDAQ:UAL - Get Free Report) last posted its earnings results on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter was up 16.4% on a year-over-year basis. During the same period 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. Research analysts anticipate that United Airlines Holdings Inc will post 10.38 EPS for the current fiscal year.

Key Stories Impacting United Airlines

Here are the key news stories impacting United Airlines this week:

• Positive Sentiment: United will add 10 international destinations and three new routes across Europe and Asia to its 2027 schedule, including locations such as Marseille, Sardinia, Luxembourg, Ibiza and Okinawa. The expansion could increase revenue opportunities and strengthen United’s premium international travel business. United Airlines adds 2027 flights spanning Sardinia to Okinawa
• Positive Sentiment: The carrier expects sufficient deliveries of Airbus A321XLR aircraft to support its 2027 European expansion. These long-range narrow-body jets can allow United to profitably operate routes to smaller cities without relying on larger wide-body aircraft. United Airlines expects enough Airbus A321XLR deliveries for 2027 Europe expansion
• Positive Sentiment: CEO Scott Kirby said demand for overseas travel remains strong and discussed the company’s ability to offset higher oil prices. Continued robust international demand supports United’s revenue and earnings outlook. United Airlines CEO on Expansion Plans, Airfares, Demand
• Neutral Sentiment: TD Cowen lowered its price target for United from $205 to $192 but retained a Buy rating. The reduced target may reflect valuation or industry risks, although the rating still signals a favorable long-term view. TD Cowen price target update
• Neutral Sentiment: Reported short interest was zero shares, providing no meaningful evidence of short-covering or bearish positioning. The figure may reflect a data-reporting issue rather than a substantive change in investor sentiment.

United Airlines 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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source