Junto Capital Management LP Invests $37.46 Million in United Airlines Holdings Inc $UAL

Key Points

• Junto Capital Management acquired 275,462 United Airlines shares worth approximately $37.46 million, while institutional investors and hedge funds collectively own 69.69% of UAL.
• United Airlines exceeded quarterly expectations, reporting $1.99 in adjusted earnings per share versus the $1.88 consensus and $17.67 billion in revenue, up 16.4% year over year.
• Analysts remain broadly bullish, with 16 Buy ratings and two Holds, an average “Moderate Buy” rating, and a consensus price target of $157.74 versus the stock’s $107.12 opening price.

Junto Capital Management LP acquired a new stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 275,462 shares of the transportation company's stock, valued at approximately $37,460,000. Junto Capital Management LP owned 0.08% of United Airlines at the end of the most recent reporting period.

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

Insider Activity at United Airlines

In other news, President Brett Hart sold 30,108 shares of the company'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 owned 371,583 shares in the company, valued at approximately $44,857,499.76. This represents a 7.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 114,800 shares in the company, valued at $13,765,668. This trade represents a 14.84% 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. Over the last 90 days, insiders have sold 271,010 shares of company stock worth $32,317,909. 0.86% of the stock is owned by insiders.

United Airlines Stock Down 1.0%

Shares of United Airlines stock opened at $107.12 on Thursday. The stock's 50-day moving average is $119.95 and its 200 day moving average is $108.40. 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 cap of $34.77 billion, a price-to-earnings ratio of 10.02, a PEG ratio of 0.87 and a beta of 1.27. 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 issued its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping analysts' consensus estimates of $1.88 by $0.11. The business had revenue of $17.67 billion during 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 company posted $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Equities research analysts anticipate that United Airlines Holdings Inc will post 9.91 EPS for the current year.

Analysts Set New Price Targets

UAL has been the subject of several recent research reports. Barclays increased their price target on United Airlines from $150.00 to $175.00 and gave the company an "overweight" rating in a research note on Thursday, June 25th. Sanford C. Bernstein increased their target price on shares of United Airlines from $136.00 to $153.00 and gave the company an "outperform" rating in a research report on Wednesday, July 1st. BMO Capital Markets raised their price target on shares of United Airlines from $130.00 to $157.50 and gave the stock an "outperform" rating in a report on Thursday, July 2nd. Wells Fargo & Company boosted their price target on shares of United Airlines from $130.00 to $165.00 and gave the stock an "overweight" rating in a research report on Tuesday, June 30th. Finally, Weiss Ratings reaffirmed 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 issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $157.74.

United Airlines Profile

United Airlines Holdings, Inc NASDAQ: UAL is the parent company of United Airlines, Inc, a major U.S. airline headquartered in Chicago, Illinois. United provides scheduled air transportation for passengers and cargo, serving destinations across the United States and connecting North America with international markets throughout Latin America, Europe, Asia, Africa and the Middle East.

The company operates a broad network through hubs including Chicago, Denver, Houston, Los Angeles, Newark, San Francisco and Washington, DC Its services include economy, premium-economy and business-class travel, as well as air cargo transportation.

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