Weekly Analysts’ Ratings Updates for UnitedHealth Group (UNH)

A number of firms have modified their ratings and price targets on shares of UnitedHealth Group (NYSE: UNH) recently:

• 8/8/2026 – UnitedHealth Group was upgraded by Wall Street Zen from “hold” to “buy”.
• 7/28/2026 – UnitedHealth Group was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 7/21/2026 – UnitedHealth Group was given a new $512.00 price target by BMO Capital Markets.
• 7/21/2026 – UnitedHealth Group was given a new $512.00 price target by DA Davidson.
• 7/21/2026 – UnitedHealth Group had its “outperform” rating reaffirmed by Sanford C. Bernstein.
• 7/21/2026 – UnitedHealth Group had its price target raised by JPMorgan Chase & Co. from $466.00 to $516.00. They now have an “overweight” rating on the stock.
• 7/20/2026 – UnitedHealth Group had its price target raised by Mizuho from $470.00 to $493.00. They now have an “outperform” rating on the stock.
• 7/20/2026 – UnitedHealth Group had its “buy” rating reaffirmed by Bank of America Corporation.
• 7/20/2026 – UnitedHealth Group had its price target raised by Barclays PLC from $429.00 to $441.00. They now have an “overweight” rating on the stock.
• 7/17/2026 – UnitedHealth Group had its price target raised by Morgan Stanley from $468.00 to $529.00. They now have an “overweight” rating on the stock.
• 7/17/2026 – UnitedHealth Group had its price target raised by Oppenheimer Holdings, Inc. from $420.00 to $500.00. They now have an “outperform” rating on the stock.
• 7/17/2026 – UnitedHealth Group had its price target raised by Royal Bank Of Canada from $463.00 to $478.00. They now have an “outperform” rating on the stock.
• 7/17/2026 – UnitedHealth Group had its price target raised by UBS Group AG from $460.00 to $490.00. They now have a “buy” rating on the stock.
• 7/16/2026 – UnitedHealth Group was given a new $477.00 price target by Piper Sandler.
• 7/16/2026 – UnitedHealth Group was upgraded by Robert W. Baird from “underperform” to “neutral”. They now have a $453.00 price target on the stock, up from $287.00.
• 7/14/2026 – UnitedHealth Group had its price target raised by TD Cowen from $337.00 to $430.00. They now have a “hold” rating on the stock.
• 7/14/2026 – UnitedHealth Group had its price target raised by Truist Financial Corporation from $440.00 to $480.00. They now have a “buy” rating on the stock.
• 7/14/2026 – UnitedHealth Group had its price target raised by KeyCorp from $400.00 to $475.00. They now have an “overweight” rating on the stock.
• 7/13/2026 – UnitedHealth Group was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/13/2026 – UnitedHealth Group had its price target raised by Wells Fargo & Company from $397.00 to $485.00. They now have an “overweight” rating on the stock.
• 7/10/2026 – UnitedHealth Group was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 7/9/2026 – UnitedHealth Group had its price target raised by Royal Bank Of Canada from $400.00 to $463.00. They now have an “outperform” rating on the stock.
• 7/6/2026 – UnitedHealth Group had its price target raised by HSBC Holdings plc from $300.00 to $380.00. They now have a “hold” rating on the stock.
• 6/30/2026 – UnitedHealth Group had its price target raised by Morgan Stanley from $453.00 to $468.00. They now have an “overweight” rating on the stock.
• 6/24/2026 – UnitedHealth Group had its price target raised by Bank of America Corporation from $450.00 to $475.00. They now have a “buy” rating on the stock.
• 6/23/2026 – UnitedHealth Group had its “outperform” rating reaffirmed by Sanford C. Bernstein.
• 6/22/2026 – UnitedHealth Group had its “buy” rating reaffirmed by TD Cowen.
• 6/17/2026 – UnitedHealth Group had its price target raised by Leerink Partners from $400.00 to $462.00. They now have an “outperform” rating on the stock.
• 6/11/2026 – UnitedHealth Group had its “overweight” rating reaffirmed by Cantor Fitzgerald.

UnitedHealth Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 15th were paid a $2.32 dividend. The ex-dividend date of this dividend was Monday, June 15th. This is a positive change from UnitedHealth Group’s previous quarterly dividend of $2.21. This represents a $9.28 dividend on an annualized basis and a yield of 2.3%. UnitedHealth Group’s payout ratio is presently 59.72%.

Insider Activity

In other news, CEO Patrick Hugh Conway sold 500 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $410.00, for a total transaction of $205,000.00. Following the completion of the transaction, the chief executive officer directly owned 16,497 shares of the company’s stock, valued at $6,763,770. This represents a 2.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.19% of the stock is owned by corporate insiders.

UnitedHealth Group Inc is a diversified health care company headquartered in Minnetonka, Minnesota, that operates two primary business platforms: UnitedHealthcare and Optum. Founded in 1977, the company provides a broad range of health benefits and health care services to individuals, employers, governmental entities and other organizations. Its operations span commercial employer-sponsored plans, individual and Medicare and Medicaid programs, and services for customers and health systems in the United States and selected international markets.

UnitedHealthcare is the company’s benefits business, administering health plans and networks, managing provider relationships, and offering coverage products for employers, individuals, and government-sponsored programs.