United Airlines Holdings Inc $UAL Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its holdings in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 7.9% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,400,059 shares of the transportation company’s stock after selling 120,584 shares during the quarter. Bank of New York Mellon Corp’s holdings in United Airlines were worth $111,487,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in UAL. WPG Advisers LLC acquired a new stake in United Airlines in the 1st quarter valued at approximately $32,000. Hemington Wealth Management boosted its position in United Airlines by 50.6% during the 1st quarter. Hemington Wealth Management now owns 476 shares of the transportation company’s stock worth $32,000 after acquiring an additional 160 shares during the period. Eastern Bank bought a new position in shares of United Airlines in the first quarter worth $35,000. Banque Transatlantique SA acquired a new position in shares of United Airlines during the first quarter valued at $35,000. Finally, Strategic Investment Solutions Inc. IL increased its holdings in shares of 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 period. 69.69% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

UAL has been the subject of several research analyst reports. Bank of America upped their price objective on shares of United Airlines from $90.00 to $108.00 and gave the stock a “buy” rating in a report on Friday, July 18th. UBS Group dropped their price target on shares of United Airlines from $131.00 to $128.00 and set a “buy” rating on the stock in a research report on Friday, October 17th. Evercore ISI upped their price target on shares of United Airlines from $105.00 to $135.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. Barclays raised their price objective on shares of United Airlines from $115.00 to $135.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Finally, Jefferies Financial Group boosted their target price on United Airlines from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $124.93.

Insiders Place Their Bets

In related news, Director Barney Harford sold 9,000 shares of United Airlines stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $97.76, for a total value of $879,840.00. Following the transaction, the director directly owned 80,000 shares in the company, valued at $7,820,800. The trade was a 10.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Kate Gebo sold 6,343 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $97.81, for a total value of $620,408.83. Following the sale, the executive vice president directly owned 69,106 shares of the company’s stock, valued at approximately $6,759,257.86. This represents a 8.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 45,296 shares of company stock valued at $4,423,362 in the last quarter. Insiders own 0.71% of the company’s stock.

United Airlines Stock Performance

NASDAQ:UAL opened at $97.43 on Friday. The company has a 50-day moving average of $100.33 and a 200-day moving average of $89.44. The firm has a market cap of $31.54 billion, a price-to-earnings ratio of 9.76, a price-to-earnings-growth ratio of 0.89 and a beta of 1.45. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a twelve month low of $52.00 and a twelve month high of $116.00.

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

About United Airlines

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.