Skandinaviska Enskilda Banken AB publ Decreases Stock Holdings in United Airlines Holdings Inc $UAL

Skandinaviska Enskilda Banken AB publ lowered its holdings in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 6.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 86,474 shares of the transportation company’s stock after selling 5,626 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in United Airlines were worth $6,885,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Alyeska Investment Group L.P. lifted its holdings in shares of United Airlines by 86.4% in the 1st quarter. Alyeska Investment Group L.P. now owns 3,985,560 shares of the transportation company’s stock valued at $275,203,000 after acquiring an additional 1,847,884 shares during the last quarter. Norges Bank purchased a new stake in United Airlines during the second quarter valued at approximately $143,035,000. AQR Capital Management LLC lifted its stake in shares of United Airlines by 334.6% in the 1st quarter. AQR Capital Management LLC now owns 1,793,454 shares of the transportation company’s stock valued at $116,539,000 after purchasing an additional 1,380,804 shares during the last quarter. Assetmark Inc. lifted its stake in shares of United Airlines by 352.6% in the 2nd quarter. Assetmark Inc. now owns 1,468,818 shares of the transportation company’s stock valued at $116,962,000 after purchasing an additional 1,144,296 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of United Airlines in the 1st quarter worth approximately $72,722,000. 69.69% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

UAL has been the topic of several recent research reports. TD Cowen increased their price target on United Airlines from $127.00 to $138.00 and gave the company a “buy” rating in a report on Monday, October 20th. Susquehanna increased their target price on shares of United Airlines from $109.00 to $115.00 and gave the company a “positive” rating in a research note on Friday, October 3rd. Evercore ISI lifted 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. JPMorgan Chase & Co. increased their price objective on shares of United Airlines from $149.00 to $156.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, United Airlines currently has a consensus rating of “Moderate Buy” and an average price target of $125.67.

United Airlines Stock Performance

Shares of NASDAQ:UAL opened at $102.08 on Monday. The firm’s 50 day simple moving average is $97.27 and its 200-day simple moving average is $92.08. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.61 and a current ratio of 0.67. United Airlines Holdings Inc has a one year low of $52.00 and a one year high of $116.00. The firm has a market cap of $33.05 billion, a PE ratio of 10.23, a price-to-earnings-growth ratio of 0.89 and a beta of 1.45.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.65 by $0.13. The firm had revenue of $15.23 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. As a group, equities analysts predict that United Airlines Holdings Inc will post 12.96 EPS for the current year.

United Airlines Company Profile

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.