UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Position in United Airlines Holdings Inc $UAL

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in United Airlines Holdings Inc (NASDAQ:UAL) by 18.0% during the second quarter, Holdings Channel reports. The fund owned 959,281 shares of the transportation company’s stock after acquiring an additional 146,328 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in United Airlines were worth $130,453,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of UAL. Legacy Wealth Managment LLC ID bought a new position in shares of United Airlines in the 4th quarter worth approximately $25,000. Dunhill Financial LLC bought a new stake in United Airlines during the second quarter valued at approximately $25,000. Western Wealth Management LLC purchased a new stake in United Airlines during the first quarter valued at approximately $27,000. Elevation Wealth Partners LLC increased its holdings in United Airlines by 393.0% during the second 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 last quarter. Finally, Trust Co. of Vermont bought a new position in United Airlines in the second quarter worth approximately $29,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on UAL. Wall Street Zen downgraded shares of United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. The Goldman Sachs Group raised their target price on United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Sanford C. Bernstein lifted their target price on United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Morgan Stanley boosted their price target on United Airlines from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Finally, Susquehanna reduced their price target on United Airlines from $172.00 to $165.00 and set a “positive” rating for the company in a research report on Friday, July 17th. Sixteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $157.74.

United Airlines Trading Down 3.1%

Shares of UAL stock opened at $104.63 on Wednesday. United Airlines Holdings Inc has a 52-week low of $84.64 and a 52-week high of $138.77. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78. The firm has a market capitalization of $33.96 billion, a PE ratio of 9.79, a PEG ratio of 0.87 and a beta of 1.27. The stock has a fifty day simple moving average of $123.00 and a two-hundred day simple moving average of $108.50.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $17.62 billion. During the same period in the previous year, the business earned $3.87 earnings per share. The business’s 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. On average, analysts predict that United Airlines Holdings Inc will post 9.91 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, President Brett J. Hart sold 30,108 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $120.72, for a total transaction of $3,634,637.76. Following the completion of the transaction, the president owned 371,583 shares in the company, valued at approximately $44,857,499.76. This represents a 7.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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. Also, CEO J Scott Kirby sold 159,321 shares of the firm’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the transaction, the chief executive officer directly owned 797,851 shares of the company’s stock, valued at $94,186,310.55. The trade was a 16.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 271,010 shares of company stock valued at $32,317,909. 0.86% of the stock is owned by company insiders.

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.