Thomist Capital Management LP Buys Shares of 36,990 United Airlines Holdings Inc $UAL

Key Points

• Thomist Capital Management initiated a 36,990-share position in United Airlines worth approximately $5.03 million, while institutional investors collectively own 69.69% of UAL.
• United Airlines exceeded quarterly expectations, reporting $1.99 in EPS versus the $1.88 consensus and $17.67 billion in revenue, up 16.4% year over year. The company provided fiscal 2026 EPS guidance of $9.00–$11.00.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $157.74 versus the stock’s reported $113.57 price. Recent insider sales were attributed to tax-withholding obligations tied to equity awards.

Thomist Capital Management LP bought a new position in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 36,990 shares of the transportation company's stock, valued at approximately $5,030,000. United Airlines accounts for 1.6% of Thomist Capital Management LP's investment portfolio, making the stock its 20th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in UAL. Fiduciary Financial Advisors bought a new stake in shares of United Airlines in the 2nd quarter valued at $37,000. Brigade Capital Management LP bought a new position in United Airlines during the second quarter worth about $7,323,000. Partners Capital Investment Group LLP bought a new position in United Airlines during the second quarter worth about $608,000. Whalen Wealth Management Inc. acquired a new position in United Airlines in the second quarter valued at about $975,000. Finally, Patient Capital Management LLC bought a new stake in shares of United Airlines in the second quarter worth about $99,480,000. Institutional investors and hedge funds own 69.69% of the company's stock.

United Airlines Price Performance

NASDAQ UAL opened at $113.57 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a 12-month low of $84.64 and a 12-month high of $138.77. The company has a market capitalization of $36.86 billion, a PE ratio of 10.62, a price-to-earnings-growth ratio of 0.87 and a beta of 1.28. The firm's 50 day moving average is $123.87 and its 200-day moving average is $108.57.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, topping analysts' consensus estimates of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The business had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. During the same quarter in the previous year, the firm posted $3.87 earnings per share. The firm's revenue for the quarter was up 16.4% on a year-over-year basis. 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 10.38 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. UBS Group raised their price target on United Airlines from $148.00 to $153.00 and gave the stock a "buy" rating in a research report on Tuesday, June 23rd. Wall Street Zen lowered United Airlines from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Morgan Stanley increased their target price on United Airlines from $185.00 to $190.00 and gave the stock an "overweight" rating in a research note on Thursday, July 16th. Citigroup raised their target price on shares of United Airlines from $132.00 to $171.00 and gave the stock a "buy" rating in a report on Monday, June 22nd. Finally, BMO Capital Markets lifted their price target on shares of United Airlines from $130.00 to $157.50 and gave the company an "outperform" rating in a research note on Thursday, July 2nd. Sixteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $157.74.

Insider Buying and Selling at United Airlines

In other United Airlines news, EVP Torbjorn J. Enqvist sold 20,000 shares of the business's stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $119.91, for a total transaction of $2,398,200.00. Following the sale, the executive vice president directly owned 114,800 shares of the company's stock, valued at $13,765,668. The trade was a 14.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, President Brett J. Hart sold 30,108 shares of the stock in a transaction dated Tuesday, July 28th. The stock was 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 of the company's stock, valued at approximately $44,857,499.76. This represents a 7.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 266,010 shares of company stock valued at $31,732,909. 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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