11,003 Shares in United Airlines Holdings Inc $UAL Purchased by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC acquired a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 11,003 shares of the transportation company’s stock, valued at approximately $1,496,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Elevation Wealth Partners LLC grew its stake in shares of United Airlines by 393.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock valued at $29,000 after buying an additional 169 shares during the period. Trust Co. of Vermont purchased a new stake in shares of United Airlines during the 2nd quarter valued at approximately $29,000. Legacy Wealth Managment LLC ID acquired a new position in United Airlines in the fourth quarter valued at approximately $25,000. Western Wealth Management LLC acquired a new position in United Airlines in the first quarter valued at approximately $27,000. Finally, JPL Wealth Management LLC purchased a new position in United Airlines in the third quarter worth approximately $29,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on UAL. Citigroup raised their target price on United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. The Goldman Sachs Group increased their price target on United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Zacks Research raised United Airlines from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 11th. Jefferies Financial Group restated a “buy” rating and issued a $155.00 price objective on shares of United Airlines in a report on Sunday, July 19th. Finally, Susquehanna decreased their target price on shares of United Airlines from $172.00 to $165.00 and set a “positive” rating on the stock in a research report on Friday, July 17th. Sixteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, United Airlines has an average rating of “Moderate Buy” and a consensus price target of $156.79.

Insider Transactions at United Airlines

In related news, EVP Kate Gebo sold 34,669 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the sale, the executive vice president directly owned 67,707 shares of the company’s stock, valued at $7,136,994.87. This represents a 33.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $119.91, for a total transaction of $2,398,200.00. Following the sale, the executive vice president owned 114,800 shares in the company, valued at approximately $13,765,668. This trade represents a 14.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 306,010 shares of company stock valued at $35,949,843. 0.86% of the stock is owned by corporate insiders.

United Airlines Stock Down 2.5%

Shares of NASDAQ UAL opened at $122.26 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45. The business’s 50 day moving average is $123.62 and its two-hundred day moving average is $108.27. United Airlines Holdings Inc has a 52-week low of $84.64 and a 52-week high of $138.77. The firm has a market cap of $39.68 billion, a price-to-earnings ratio of 11.44, a PEG ratio of 0.93 and a beta of 1.28.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The business had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. During the same period last year, the business posted $3.87 earnings per share. The company’s quarterly revenue was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Research analysts predict that United Airlines Holdings Inc will post 10.48 EPS for the current year.

About United Airlines

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.