TD Asset Management Inc Has $12.08 Million Stock Position in United Airlines Holdings Inc $UAL

TD Asset Management Inc trimmed its holdings in shares of United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 57.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 151,747 shares of the transportation company's stock after selling 201,838 shares during the period. TD Asset Management Inc's holdings in United Airlines were worth $12,084,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of UAL. Hemington Wealth Management grew its stake in United Airlines by 50.6% in the first 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 purchased a new position in United Airlines in the first quarter valued at about $32,000. Eastern Bank purchased a new position in United Airlines in the first quarter valued at about $35,000. Banque Transatlantique SA purchased a new position in United Airlines in the first quarter valued at about $35,000. Finally, Strategic Investment Solutions Inc. IL grew its stake in 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 purchasing an additional 177 shares in the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Michelle Freyre sold 900 shares of the stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $92.13, for a total transaction of $82,917.00. Following the completion of the sale, the director owned 829 shares in the company, valued at $76,375.77. This represents a 52.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kate Gebo sold 6,343 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were 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. The trade was a 8.41% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 86,791 shares of company stock worth $8,147,918 in the last 90 days. 0.71% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have commented on UAL. TD Cowen boosted their target price on United Airlines from $101.00 to $127.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Bank of America boosted their target price on United Airlines from $90.00 to $108.00 and gave the company a "buy" rating in a research note on Friday, July 18th. Barclays boosted their target price on United Airlines from $115.00 to $135.00 and gave the company an "overweight" rating in a research note on Friday. Cowen restated a "buy" rating on shares of United Airlines in a research note on Tuesday, July 15th. Finally, Morgan Stanley reiterated an "overweight" rating and set a $140.00 price target on shares of United Airlines in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $124.69.

United Airlines Stock Performance

UAL opened at $99.14 on Friday. The company has a market cap of $32.09 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 1.26 and a beta of 1.45. The stock has a 50-day moving average of $101.66 and a 200-day moving average of $86.04. United Airlines Holdings Inc has a 52-week low of $52.00 and a 52-week high of $116.00. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.65 and a current ratio of 0.67.

United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.65 by $0.13. The company 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 26.94% and a net margin of 5.64%.The firm's revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.33 EPS. 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 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.

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