Pallas Capital Advisors LLC Takes Position in United Airlines Holdings Inc $UAL

Key Points

• Pallas Capital Advisors opened a new United Airlines position in the second quarter, purchasing 11,003 shares valued at approximately $1.5 million. Institutional investors collectively own 69.69% of UAL.
• Analysts remain broadly bullish: 16 rate the stock a Buy and two rate it Hold, with a consensus price target of $156.79. Several firms recently raised their targets, including JPMorgan to $203.
• United Airlines exceeded quarterly expectations with adjusted EPS of $1.99 and revenue of $17.67 billion, up 16.4% year over year, while guiding to fiscal 2026 EPS of $9.00–$11.00. Shares opened at $122.26, down 2.5%.

Pallas Capital Advisors LLC purchased a new position in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,003 shares of the transportation company's stock, valued at approximately $1,496,000.

A number of other hedge funds also recently bought and sold shares of the business. Root Financial Partners LLC raised its stake in shares of United Airlines by 5.3% during the 4th quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company's stock worth $206,000 after buying an additional 93 shares during the period. AXA S.A. lifted its position in shares of United Airlines by 0.8% during the 2nd quarter. AXA S.A. now owns 15,465 shares of the transportation company's stock valued at $1,231,000 after buying an additional 121 shares in the last quarter. SJS Investment Consulting Inc. grew its stake in United Airlines by 17.0% in the 1st quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company's stock valued at $79,000 after acquiring an additional 125 shares during the period. Fielder Capital Group LLC increased its holdings in United Airlines by 5.4% in the 4th quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company's stock worth $276,000 after acquiring an additional 127 shares in the last quarter. Finally, Koshinski Asset Management Inc. increased its holdings in United Airlines by 3.7% in the 1st quarter. Koshinski Asset Management Inc. now owns 3,914 shares of the transportation company's stock worth $360,000 after acquiring an additional 138 shares in the last quarter. Hedge funds and other institutional investors own 69.69% of the company's stock.

Analyst Ratings Changes

Several equities analysts have issued reports on UAL shares. Zacks Research raised shares of United Airlines from a "strong sell" rating to a "hold" rating in a report on Thursday, June 11th. Bank of America boosted their target price on shares of United Airlines from $145.00 to $150.00 and gave the stock a "buy" rating in a research note on Wednesday, July 1st. Wells Fargo & Company upped 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. JPMorgan Chase & Co. raised their price target on shares of United Airlines from $156.00 to $203.00 and gave the company an "overweight" rating in a research note on Friday, July 17th. Finally, Citigroup lifted their price objective on United Airlines from $132.00 to $171.00 and gave the stock a "buy" rating in a report on Monday, June 22nd. Sixteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $156.79.

United Airlines Trading Down 2.5%

Shares of UAL opened at $122.26 on Tuesday. United Airlines Holdings Inc has a 52-week low of $84.64 and a 52-week high of $138.77. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45. The firm's fifty day moving average is $123.62 and its two-hundred day moving average is $108.27. The stock has a market cap of $39.68 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 0.93 and a beta of 1.28.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its earnings results on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, beating analysts' consensus estimates of $1.88 by $0.11. The business had revenue of $17.67 billion during the quarter, compared to analysts' expectations of $17.62 billion. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The company's quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the prior 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 forecast that United Airlines Holdings Inc will post 10.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In other United Airlines news, EVP Kate Gebo sold 5,331 shares of the firm's stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total value of $562,473.81. Following the transaction, the executive vice president directly owned 60,393 shares of the company's stock, valued at $6,372,065.43. This trade represents a 8.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO J Scott Kirby sold 159,321 shares of the business's stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total value of $18,807,844.05. Following the transaction, the chief executive officer owned 797,851 shares in the company, valued at approximately $94,186,310.55. This represents a 16.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 306,010 shares of company stock worth $35,949,843 in the last 90 days. Corporate insiders own 0.86% of the company's stock.

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.

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