iA Global Asset Management Inc. Has $5.26 Million Stock Holdings in United Airlines Holdings Inc $UAL

iA Global Asset Management Inc. raised its stake in shares of United Airlines Holdings Inc (NASDAQ:UALFree Report) by 58.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,012 shares of the transportation company’s stock after purchasing an additional 24,370 shares during the period. iA Global Asset Management Inc.’s holdings in United Airlines were worth $5,257,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hemington Wealth Management grew its holdings in United Airlines by 50.6% during the first quarter. Hemington Wealth Management now owns 476 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 160 shares during the last quarter. WPG Advisers LLC acquired a new position in United Airlines during the first quarter valued at approximately $32,000. Eastern Bank acquired a new position in United Airlines during the first quarter valued at approximately $35,000. Banque Transatlantique SA acquired a new position in United Airlines during the first quarter valued at approximately $35,000. Finally, Strategic Investment Solutions Inc. IL grew its holdings in United Airlines by 44.0% during the second quarter. Strategic Investment Solutions Inc. IL now owns 579 shares of the transportation company’s stock valued at $46,000 after purchasing an additional 177 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on UAL. Bank of America increased their price target on United Airlines from $90.00 to $108.00 and gave the company a “buy” rating in a report on Friday, July 18th. Wall Street Zen raised United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, October 18th. Morgan Stanley reissued an “overweight” rating and issued a $140.00 price objective on shares of United Airlines in a research report on Friday, October 17th. UBS Group reduced their price objective on United Airlines from $131.00 to $128.00 and set a “buy” rating for the company in a research report on Friday, October 17th. Finally, Cowen reissued a “buy” rating on shares of United Airlines in a research report on Monday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $124.93.

Get Our Latest Research Report on United Airlines

Insider Buying and Selling at United Airlines

In related news, EVP Kate Gebo sold 29,953 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $97.59, for a total value of $2,923,113.27. Following the completion of the transaction, the executive vice president directly owned 45,496 shares of the company’s stock, valued at $4,439,954.64. This trade represents a 39.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Barney Harford sold 15,823 shares of the firm’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $90.03, for a total value of $1,424,544.69. Following the completion of the transaction, the director directly owned 89,000 shares of the company’s stock, valued at approximately $8,012,670. This trade represents a 15.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 61,119 shares of company stock valued at $5,847,907. 0.71% of the stock is owned by company insiders.

United Airlines Stock Up 0.7%

Shares of UAL stock opened at $94.04 on Monday. The stock has a market cap of $30.44 billion, a P/E ratio of 9.42, a price-to-earnings-growth ratio of 0.89 and a beta of 1.45. United Airlines Holdings Inc has a one year low of $52.00 and a one year high of $116.00. The stock has a fifty day moving average price of $101.21 and a 200 day moving average price of $88.74. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.67 and a quick ratio of 0.61.

United Airlines (NASDAQ:UALGet Free Report) last issued its earnings results on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, topping the consensus estimate of $2.65 by $0.13. The firm had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.31 billion. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.United Airlines’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period last year, the business earned $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Analysts predict that United Airlines Holdings Inc will post 12.96 earnings per share for the current year.

About United Airlines

(Free Report)

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.

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Institutional Ownership by Quarter for United Airlines (NASDAQ:UAL)

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