Sagespring Wealth Partners LLC Purchases Shares of 2,610 United Airlines Holdings Inc $UAL

Sagespring Wealth Partners LLC purchased a new stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,610 shares of the transportation company's stock, valued at approximately $208,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. WPG Advisers LLC acquired a new stake in shares of United Airlines in the 1st quarter valued at about $32,000. Hemington Wealth Management raised its stake in shares of United Airlines by 50.6% in 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 during the period. Eastern Bank acquired a new stake in shares of United Airlines in the 1st quarter valued at about $35,000. Banque Transatlantique SA acquired a new stake in shares of United Airlines in the first quarter valued at about $35,000. Finally, Strategic Investment Solutions Inc. IL increased its position in shares of United Airlines by 44.0% in the second quarter. Strategic Investment Solutions Inc. IL now owns 579 shares of the transportation company's stock valued at $46,000 after acquiring an additional 177 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company's stock.

United Airlines Trading Up 1.0%

Shares of NASDAQ:UAL opened at $99.14 on Friday. United Airlines Holdings Inc has a 12-month low of $52.00 and a 12-month high of $116.00. The stock has a market cap of $32.09 billion, a PE ratio of 9.93, a P/E/G ratio of 1.26 and a beta of 1.45. The business has a 50 day moving average of $101.66 and a 200-day moving average of $86.04. The company has a quick ratio of 0.65, a current ratio of 0.67 and a debt-to-equity ratio of 1.45.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings data on Wednesday, October 15th. The transportation company reported $2.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.65 by $0.13. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.The company had revenue of $15.23 billion during the quarter, compared to analysts' expectations of $15.31 billion. During the same quarter in the previous year, the company posted $3.33 earnings per share. The business's revenue was up 2.6% on a year-over-year basis. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. As a group, equities research analysts forecast that United Airlines Holdings Inc will post 12.96 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on UAL shares. Wall Street Zen raised United Airlines from a "hold" rating to a "buy" rating in a research report on Saturday. JPMorgan Chase & Co. lifted their target price on United Airlines from $122.00 to $149.00 and gave the company an "overweight" rating in a research report on Friday, September 12th. Weiss Ratings downgraded United Airlines from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, October 8th. Cowen reaffirmed a "buy" rating on shares of United Airlines in a research report on Tuesday, July 15th. Finally, Bank of America lifted their target price on United Airlines from $90.00 to $108.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, United Airlines presently has an average rating of "Buy" and an average price target of $124.69.

Insider Transactions at United Airlines

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

United Airlines Company Profile

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.

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