State of New Jersey Common Pension Fund D Sells 1,449 Shares of United Airlines Holdings Inc $UAL

State of New Jersey Common Pension Fund D cut its stake in United Airlines Holdings Inc (NASDAQ:UAL) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,096 shares of the transportation company’s stock after selling 1,449 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in United Airlines were worth $2,317,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Rosenberg Matthew Hamilton increased its stake in United Airlines by 14.2% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 935 shares of the transportation company’s stock worth $74,000 after purchasing an additional 116 shares in the last quarter. Wedbush Securities Inc. boosted its holdings in shares of United Airlines by 3.3% in the 1st quarter. Wedbush Securities Inc. now owns 4,651 shares of the transportation company’s stock valued at $321,000 after buying an additional 147 shares during the last quarter. Foster Group Inc. boosted its holdings in shares of United Airlines by 2.8% in the 2nd quarter. Foster Group Inc. now owns 5,392 shares of the transportation company’s stock valued at $429,000 after buying an additional 148 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of United Airlines by 2.0% in the 1st quarter. Principal Securities Inc. now owns 7,758 shares of the transportation company’s stock valued at $536,000 after buying an additional 149 shares during the last quarter. Finally, Kendall Capital Management boosted its holdings in shares of United Airlines by 2.2% in the 1st quarter. Kendall Capital Management now owns 6,900 shares of the transportation company’s stock valued at $476,000 after buying an additional 150 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Loop Capital set a $110.00 price target on United Airlines in a report on Tuesday, October 21st. Cowen reaffirmed a “buy” rating on shares of United Airlines in a report on Monday, October 20th. Jefferies Financial Group increased their price objective on United Airlines from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Evercore ISI increased their price objective on United Airlines from $105.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Finally, Wall Street Zen upgraded United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, October 18th. Two equities research 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $124.93.

Insider Buying and Selling

In related news, Director Barney Harford sold 15,823 shares of United Airlines stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $90.03, for a total value of $1,424,544.69. Following the transaction, the director directly owned 89,000 shares of the company’s stock, valued at $8,012,670. The trade was a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kate Gebo sold 29,953 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $97.59, for a total value of $2,923,113.27. Following the completion of the transaction, the executive vice president directly owned 45,496 shares in the company, valued at approximately $4,439,954.64. This trade represents a 39.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 61,119 shares of company stock worth $5,847,907. 0.63% of the stock is owned by insiders.

United Airlines Stock Performance

Shares of UAL stock opened at $94.94 on Wednesday. The business’s 50-day moving average price is $101.55 and its 200-day moving average price is $87.99. United Airlines Holdings Inc has a 12 month low of $52.00 and a 12 month high of $116.00. The firm has a market capitalization of $30.74 billion, a price-to-earnings ratio of 9.51, a PEG ratio of 0.92 and a beta of 1.45. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 1.45.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $2.65 by $0.13. The firm 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%.The business’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period last year, the firm posted $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Equities research analysts forecast that United Airlines Holdings Inc will post 12.96 EPS for the current year.

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.