United Airlines Holdings Inc $UAL Position Increased by Ritholtz Wealth Management

Ritholtz Wealth Management increased its stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 240.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,384 shares of the transportation company's stock after purchasing an additional 13,692 shares during the period. Ritholtz Wealth Management's holdings in United Airlines were worth $1,544,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. UBS Group reduced their price target on United Airlines from $131.00 to $128.00 and set a "buy" rating for the company in a research report on Friday. Susquehanna boosted their price target on United Airlines from $109.00 to $115.00 and gave the stock a "positive" rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. boosted their price target on United Airlines from $122.00 to $149.00 and gave the stock an "overweight" rating in a research report on Friday, September 12th. Weiss Ratings lowered United Airlines from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, October 8th. Finally, Cowen reissued a "buy" rating on shares of United Airlines in a research note on Tuesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, United Airlines currently has a consensus rating of "Buy" and an average price target of $124.69.

United Airlines Stock Up 1.0%

UAL opened at $99.14 on Friday. United Airlines Holdings Inc has a one year low of $52.00 and a one year 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. The stock's fifty day moving average is $101.66 and its 200-day moving average is $85.94. The company has a market capitalization of $32.09 billion, a PE ratio of 9.93, a P/E/G ratio of 1.24 and a beta of 1.45.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its earnings results 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. The company had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.31 billion. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.United Airlines's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. On average, equities analysts predict that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

Insider Buying and Selling

In other news, President Brett J. Hart sold 24,772 shares of the business's stock in a transaction 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 sale, the president directly owned 283,638 shares of the company's stock, valued at $25,385,601. The trade was a 8.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michelle Freyre sold 900 shares of the business's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $92.13, for a total value of $82,917.00. Following the sale, the director directly owned 829 shares in the company, valued at $76,375.77. This trade represents a 52.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 86,791 shares of company stock valued at $8,147,918 over the last ninety days. 0.71% of the stock is currently owned by company insiders.

United Airlines 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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