United Airlines (NASDAQ:UAL) EVP Torbjorn Enqvist Sells 20,000 Shares

United Airlines Holdings Inc (NASDAQ:UALGet Free Report) EVP Torbjorn Enqvist sold 20,000 shares of the company’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $119.91, for a total value of $2,398,200.00. Following the completion of the transaction, the executive vice president directly owned 114,800 shares in the company, valued at approximately $13,765,668. The trade was a 14.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

United Airlines Stock Performance

Shares of UAL stock opened at $123.77 on Wednesday. The business has a fifty day moving average of $118.06 and a 200 day moving average of $106.86. United Airlines Holdings Inc has a 1 year low of $82.42 and a 1 year high of $138.77. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. The firm has a market capitalization of $40.17 billion, a price-to-earnings ratio of 11.58, a price-to-earnings-growth ratio of 0.89 and a beta of 1.25.

United Airlines (NASDAQ:UALGet Free Report) last posted its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.88 by $0.11. The business had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The company’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.87 EPS. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, research analysts expect that United Airlines Holdings Inc will post 10.48 earnings per share for the current year.

Institutional Trading of United Airlines

A number of hedge funds have recently modified their holdings of UAL. Root Financial Partners LLC lifted its stake in shares of United Airlines by 5.3% in the 4th quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock valued at $206,000 after purchasing an additional 93 shares during the period. JFS Wealth Advisors LLC boosted its holdings in United Airlines by 51.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 318 shares of the transportation company’s stock worth $36,000 after buying an additional 108 shares in the last quarter. AXA S.A. grew its position in United Airlines by 0.8% during the second quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock valued at $1,231,000 after buying an additional 121 shares during the period. SJS Investment Consulting Inc. raised its position in shares of United Airlines by 17.0% in the first quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock worth $79,000 after acquiring an additional 125 shares during the period. Finally, Fielder Capital Group LLC boosted its stake in shares of United Airlines by 5.4% during the 4th quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock worth $276,000 after acquiring an additional 127 shares in the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines News Roundup

Here are the key news stories impacting United Airlines this week:

  • Positive Sentiment: Airline stocks benefited from a decline in oil prices, which could reduce United’s largest variable expense and improve profit margins. A report that United previously explored a merger with Delta Air Lines generated additional attention, although the potential deal remains speculative. United Pursued Delta Merger: Report
  • Positive Sentiment: United’s revenue momentum, improving earnings estimates and liquidity position support the investment case. Its latest reported quarter exceeded analyst expectations, with earnings of $1.99 per share versus the $1.88 consensus and revenue of $17.67 billion. United Revenue Growth Analysis
  • Positive Sentiment: United introduced a new Economy Plus seating design for its upcoming Airbus A321XLR aircraft, featuring additional elbow room and a shared table. The product could help differentiate the airline and support premium revenue on long-haul international routes. United Unveils New Economy Plus Seating

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on UAL. UBS Group increased their price target on shares of United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. BMO Capital Markets lifted their price objective 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. Zacks Research raised shares of United Airlines from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. JPMorgan Chase & Co. upped their price objective on shares of United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Finally, Wells Fargo & Company increased 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. Sixteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $156.79.

Check Out Our Latest Report on UAL

About United Airlines

(Get Free Report)

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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Insider Buying and Selling by Quarter for United Airlines (NASDAQ:UAL)

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