NorthRock Partners LLC Purchases Shares of 4,130 United Airlines Holdings Inc $UAL

Key Points

• NorthRock Partners LLC purchased 4,130 shares of United Airlines Holdings Inc, valued at approximately $329,000, during the second quarter.
• Several institutional investors have recently adjusted their stakes in United Airlines, with 69.69% of the company's stock now held by institutional investors.
• Analysts have varied opinions on United Airlines, with target prices ranging from $101.00 to $149.00, indicating a consensus average rating of "Buy" for the stock.

NorthRock Partners LLC bought 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 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,130 shares of the transportation company's stock, valued at approximately $329,000.

Several other institutional investors and hedge funds also recently made changes to their positions in UAL. Hemington Wealth Management boosted its position in shares of United Airlines by 50.6% during the 1st quarter. Hemington Wealth Management now owns 476 shares of the transportation company's stock valued at $32,000 after purchasing an additional 160 shares in the last quarter. WPG Advisers LLC bought a new stake in shares of United Airlines during the 1st quarter valued at about $32,000. Eastern Bank bought a new stake in shares of United Airlines during the 1st quarter valued at about $35,000. Banque Transatlantique SA bought a new stake in shares of United Airlines during the 1st quarter valued at about $35,000. Finally, Strategic Investment Solutions Inc. IL boosted its position in shares of United Airlines by 44.0% during the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 579 shares of the transportation company's stock valued at $46,000 after purchasing an additional 177 shares in the last quarter. Institutional investors own 69.69% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. TD Cowen upped their target price on United Airlines from $101.00 to $127.00 and gave the company a "buy" rating in a research report on Monday, July 21st. JPMorgan Chase & Co. increased their price target on United Airlines from $122.00 to $149.00 and gave the stock an "overweight" rating in a report on Friday, September 12th. Weiss Ratings lowered United Airlines from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, October 8th. Evercore ISI increased their price target on United Airlines from $105.00 to $135.00 and gave the stock an "outperform" rating in a report on Monday, September 29th. Finally, Jefferies Financial Group increased their price target on United Airlines from $115.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, October 1st. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $123.38.

Insider Buying and Selling

In related news, EVP Kate Gebo sold 6,343 shares of United Airlines stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $97.81, for a total transaction of $620,408.83. Following the sale, the executive vice president directly owned 69,106 shares in the company, valued at approximately $6,759,257.86. This trade represents a 8.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Brett J. Hart sold 24,772 shares of United Airlines stock in a transaction on Friday, July 25th. The stock was sold at an average price of $89.50, for a total value of $2,217,094.00. Following the sale, the president owned 283,638 shares in the company, valued at $25,385,601. This trade represents a 8.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 86,791 shares of company stock valued at $8,147,918. 0.71% of the stock is owned by company insiders.

United Airlines Stock Performance

Shares of United Airlines stock opened at $98.19 on Friday. The company has a market cap of $31.79 billion, a PE ratio of 9.84, a price-to-earnings-growth ratio of 1.32 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 $101.46 and a 200-day moving average price of $85.72. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 1.56.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings data on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, topping the consensus estimate of $2.65 by $0.13. The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.31 billion. United Airlines had a return on equity of 27.68% and a net margin of 5.64%.The company's quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the business posted $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Equities analysts anticipate that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.

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.

Want to see what other hedge funds are holding UAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Airlines Holdings Inc (NASDAQ:UAL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.