Healthcare of Ontario Pension Plan Trust Fund Purchases 7,523 Shares of United Airlines Holdings Inc $UAL

Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 58.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,320 shares of the transportation company’s stock after purchasing an additional 7,523 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in United Airlines were worth $1,871,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Legacy Wealth Managment LLC ID bought a new position in United Airlines during the fourth quarter worth about $25,000. JPL Wealth Management LLC acquired a new position in United Airlines in the third quarter valued at about $29,000. Cache Advisors LLC bought a new stake in shares of United Airlines in the first quarter worth about $33,000. BOCHK Asset Management Ltd acquired a new stake in shares of United Airlines during the fourth quarter worth about $34,000. Finally, Motiv8 Investments LLC acquired a new stake in shares of United Airlines during the fourth quarter worth about $35,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Insiders Place Their Bets

In other United Airlines news, EVP Andrew P. Nocella sold 4,200 shares of United Airlines stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $120.48, for a total value of $506,016.00. Following the sale, the executive vice president directly owned 222,955 shares in the company, valued at approximately $26,861,618.40. The trade was a 1.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO J Scott Kirby sold 159,321 shares of the stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the transaction, the chief executive officer owned 797,851 shares of the company’s stock, valued at approximately $94,186,310.55. This represents a 16.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 303,010 shares of company stock valued at $35,552,943 in the last quarter. Company insiders own 0.86% of the company’s stock.

United Airlines Trading Down 1.8%

NASDAQ:UAL opened at $121.33 on Friday. The company has a market cap of $39.38 billion, a P/E ratio of 11.35, a price-to-earnings-growth ratio of 0.91 and a beta of 1.25. United Airlines Holdings Inc has a twelve month low of $82.42 and a twelve month high of $138.77. The business has a 50 day moving average price of $119.39 and a two-hundred day moving average price of $107.03. 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 (NASDAQ:UAL) last posted its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.88 by $0.11. The company had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The firm’s revenue was up 16.4% compared to the same quarter last year. During the same period last year, the company earned $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, analysts expect that United Airlines Holdings Inc will post 10.48 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on UAL. Weiss Ratings reiterated a “hold (c+)” rating on shares of United Airlines in a research report on Friday, July 17th. 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. TD Cowen lifted their price target on shares of United Airlines from $150.00 to $176.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Barclays upped their price target on shares of United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Finally, Wall Street Zen downgraded shares of United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday. Sixteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $156.79.

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.