Jupiter Topco LLC Invests $2.11 Million in United Airlines Holdings Inc $UAL

Jupiter Topco LLC acquired a new position in United Airlines Holdings Inc (NASDAQ:UAL) during the 2nd quarter, Holdings Channel reports. The fund acquired 15,489 shares of the transportation company’s stock, valued at approximately $2,106,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Root Financial Partners LLC increased its holdings in United Airlines by 5.3% during the 4th quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock valued at $206,000 after acquiring an additional 93 shares in the last quarter. AXA S.A. lifted its holdings in shares of United Airlines by 0.8% in the second quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock valued at $1,231,000 after purchasing an additional 121 shares in the last quarter. SJS Investment Consulting Inc. lifted its holdings 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 valued at $79,000 after purchasing an additional 125 shares in the last quarter. Fielder Capital Group LLC grew its position in shares of United Airlines by 5.4% in the fourth quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock valued at $276,000 after purchasing an additional 127 shares during the last quarter. Finally, Koshinski Asset Management Inc. grew its position in shares of United Airlines by 3.7% in the first quarter. Koshinski Asset Management Inc. now owns 3,914 shares of the transportation company’s stock valued at $360,000 after purchasing an additional 138 shares during the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

United Airlines Stock Performance

Shares of NASDAQ UAL opened at $108.66 on Friday. The company has a 50-day simple moving average of $122.04 and a 200-day simple moving average of $108.49. 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 company has a market cap of $35.27 billion, a PE ratio of 10.16, a price-to-earnings-growth ratio of 0.87 and a beta of 1.27. United Airlines Holdings Inc has a 12 month low of $84.64 and a 12 month high of $138.77.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $17.62 billion. During the same quarter in the prior year, the firm posted $3.87 earnings per share. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, equities analysts anticipate that United Airlines Holdings Inc will post 9.91 earnings per share for the current year.

Wall Street Analyst Weigh In

UAL has been the subject of a number of recent research reports. The Goldman Sachs Group raised their price objective on shares of United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Morgan Stanley increased their target price on United Airlines from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. BMO Capital Markets raised their price target on United Airlines from $130.00 to $157.50 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. TD Cowen dropped their price target on United Airlines from $205.00 to $192.00 and set a “buy” rating for the company in a research report on Monday, August 24th. Finally, UBS Group upped their price objective on United Airlines from $148.00 to $153.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Sixteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $157.74.

Insiders Place Their Bets

In other news, President Brett Hart sold 30,108 shares of United Airlines stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $120.72, for a total value of $3,634,637.76. Following the completion of the sale, the president owned 371,583 shares of the company’s stock, valued at $44,857,499.76. The trade was a 7.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Torbjorn J. 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 owned 114,800 shares of the company’s stock, valued at $13,765,668. The trade was a 14.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 271,010 shares of company stock valued at $32,317,909. Insiders own 0.86% of the company’s stock.

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.