17,983 Shares in United Airlines Holdings Inc $UAL Acquired by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC bought a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 17,983 shares of the transportation company’s stock, valued at approximately $2,446,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp raised its position in shares of United Airlines by 0.5% in the 4th quarter. State Street Corp now owns 11,510,200 shares of the transportation company’s stock worth $1,287,071,000 after acquiring an additional 52,962 shares in the last quarter. Geode Capital Management LLC boosted its position in United Airlines by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 9,012,731 shares of the transportation company’s stock valued at $1,015,218,000 after purchasing an additional 68,565 shares in the last quarter. Capital World Investors grew its stake in United Airlines by 0.3% in the fourth quarter. Capital World Investors now owns 7,265,530 shares of the transportation company’s stock valued at $812,428,000 after purchasing an additional 22,464 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in United Airlines by 3.5% in the first quarter. Dimensional Fund Advisors LP now owns 5,664,538 shares of the transportation company’s stock valued at $521,330,000 after purchasing an additional 190,017 shares during the last quarter. Finally, Par Capital Management Inc. raised its holdings in United Airlines by 1.6% in the fourth quarter. Par Capital Management Inc. now owns 4,894,850 shares of the transportation company’s stock worth $547,342,000 after purchasing an additional 75,000 shares in the last quarter. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at United Airlines

In other news, EVP Torbjorn J. Enqvist sold 20,000 shares of the stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $119.91, for a total value of $2,398,200.00. Following the transaction, the executive vice president directly owned 114,800 shares of the company’s stock, valued at approximately $13,765,668. This represents a 14.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Kate Gebo sold 34,669 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the transaction, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 306,010 shares of company stock worth $35,949,843 over the last 90 days. Insiders own 0.86% of the company’s stock.

United Airlines Stock Up 1.3%

NASDAQ:UAL opened at $113.17 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a twelve month low of $84.64 and a twelve month high of $138.77. The company has a market cap of $36.73 billion, a PE ratio of 10.59, a P/E/G ratio of 0.87 and a beta of 1.28. The company’s 50 day moving average is $124.00 and its two-hundred day moving average is $108.55.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The business had revenue of $17.67 billion during the quarter, compared to analysts’ expectations of $17.62 billion. During the same quarter last year, the company posted $3.87 earnings per share. The business’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. Analysts anticipate that United Airlines Holdings Inc will post 10.38 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on UAL. Barclays raised 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. The Goldman Sachs Group increased their target price on shares of United Airlines from $131.00 to $162.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of United Airlines in a report on Friday, July 17th. TD Cowen upped their price target on United Airlines from $150.00 to $176.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $155.00 price objective on shares of United Airlines in a research report on Sunday, July 19th. Sixteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $156.79.

United Airlines Company 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.