United Airlines Holdings Inc $UAL Shares Sold by Envestnet Asset Management Inc.

Key Points

• Envestnet Asset Management cut its United Airlines stake by 44% in the second quarter, selling 101,689 shares and retaining 129,455 shares valued at approximately $17.6 million. Institutional investors collectively own 69.69% of UAL.
• Analysts remain broadly bullish, with 15 Buy ratings and two Holds, resulting in a “Moderate Buy” consensus and an average price target of $159.19, despite some recent target reductions.
• United Airlines reported quarterly EPS of $1.99, beating estimates of $1.88, while revenue rose 16.4% year over year to $17.67 billion. Shares opened at $112.65, and the company guided for fiscal 2026 EPS of $9.00–$11.00.

Envestnet Asset Management Inc. reduced its holdings in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 44.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 129,455 shares of the transportation company's stock after selling 101,689 shares during the period. Envestnet Asset Management Inc.'s holdings in United Airlines were worth $17,604,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in UAL. Dunhill Financial LLC purchased a new stake in shares of United Airlines in the second quarter worth about $25,000. Western Wealth Management LLC acquired a new stake in United Airlines during the first quarter worth about $27,000. Elevation Wealth Partners LLC raised its position in United Airlines by 393.0% during the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company's stock valued at $29,000 after acquiring an additional 169 shares in the last quarter. Trust Co. of Vermont acquired a new position in United Airlines in the second quarter valued at approximately $29,000. Finally, Rakuten Securities Inc. acquired a new position in United Airlines in the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 69.69% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company raised their price objective on shares of United Airlines from $130.00 to $165.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 30th. Sanford C. Bernstein increased their price target on shares of United Airlines from $136.00 to $153.00 and gave the stock an "outperform" rating in a report on Wednesday, July 1st. Bank of America increased their price target on shares of United Airlines from $145.00 to $150.00 and gave the stock a "buy" rating in a report on Wednesday, July 1st. Barclays dropped their price target on shares of United Airlines from $175.00 to $160.00 and set an "overweight" rating on the stock in a research report on Friday, September 11th. Finally, Rothschild & Co Redburn decreased their price objective on shares of United Airlines from $165.00 to $150.00 and set a "buy" rating for the company in a research report on Friday, September 18th. Fifteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $159.19.

United Airlines Stock Up 1.0%

Shares of NASDAQ UAL opened at $112.65 on Wednesday. The firm has a market cap of $36.56 billion, a price-to-earnings ratio of 10.54, a price-to-earnings-growth ratio of 0.92 and a beta of 1.27. The company's 50-day simple moving average is $116.03 and its 200-day simple moving average is $109.15. 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 52-week low of $84.64 and a 52-week high of $138.77.

United Airlines (NASDAQ:UAL - Get Free Report) last released its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The firm had revenue of $17.67 billion during the quarter, compared to the consensus estimate of $17.62 billion. During the same quarter in the prior year, the firm earned $3.87 EPS. The company'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 analysts predict that United Airlines Holdings Inc will post 9.66 EPS for the current fiscal year.

Insider Transactions at United Airlines

In related news, President Brett J. Hart sold 30,108 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the president directly owned 371,583 shares in the company, valued at approximately $44,857,499.76. The trade was a 7.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Andrew Nocella sold 5,000 shares of United Airlines stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $117.00, for a total transaction of $585,000.00. Following the sale, the executive vice president directly owned 214,955 shares in the company, valued at approximately $25,149,735. This trade represents a 2.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 221,629 shares of company stock valued at $26,328,598 over the last ninety days. Company insiders own 0.86% of the company's stock.

United Airlines Company Profile

United Airlines Holdings, Inc is the parent company of United Airlines, a major U.S. commercial airline. Through its mainline operations and regional partners, United provides scheduled passenger air transportation and air cargo services to destinations across the United States and international markets.

United operates an extensive global network serving North America, Latin America, Europe, Asia, Africa and the Middle East. Its principal hubs include Chicago, Denver, Houston, Los Angeles, Newark, San Francisco and Washington, DC The airline offers multiple classes of service, including United Polaris business class, United First, United Premium Plus, Economy Plus and standard economy.

United traces its history to 1926 and has grown through the consolidation of several aviation businesses.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.