Latash Investments LLC Makes New $1.05 Million Investment in United Airlines Holdings Inc $UAL

Latash Investments LLC bought a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,735 shares of the transportation company’s stock, valued at approximately $1,052,000. United Airlines makes up 0.8% of Latash Investments LLC’s portfolio, making the stock its 6th biggest position.

A number of other large investors also recently made changes to their positions in the business. Bison Wealth LLC purchased a new position in United Airlines during the fourth quarter valued at approximately $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in United Airlines by 24.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company’s stock worth $2,753,000 after buying an additional 7,713 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of United Airlines by 92.7% during the 1st quarter. Focus Partners Wealth now owns 12,349 shares of the transportation company’s stock valued at $853,000 after buying an additional 5,939 shares during the period. First Trust Advisors LP grew its holdings in shares of United Airlines by 23.5% during the 2nd quarter. First Trust Advisors LP now owns 292,580 shares of the transportation company’s stock valued at $23,298,000 after acquiring an additional 55,728 shares in the last quarter. Finally, Cresset Asset Management LLC grew its holdings in shares of United Airlines by 73.5% during the 2nd quarter. Cresset Asset Management LLC now owns 9,410 shares of the transportation company’s stock valued at $749,000 after acquiring an additional 3,987 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Ratings Changes

UAL has been the subject of several recent research reports. The Goldman Sachs Group increased their price objective on United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Citigroup upped their target price on United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Morgan Stanley raised their price target on United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Wall Street Zen lowered United Airlines from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $155.00 price target on shares of United Airlines in a research note on Sunday, July 19th. Sixteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $156.79.

United Airlines Price Performance

Shares of NASDAQ:UAL opened at $115.78 on Thursday. The stock has a market capitalization of $37.58 billion, a P/E ratio of 10.83, a P/E/G ratio of 0.91 and a beta of 1.28. The business has a 50-day moving average of $124.06 and a two-hundred day moving average of $108.45. United Airlines Holdings Inc has a fifty-two week low of $84.64 and a fifty-two week high of $138.77. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The business had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. During the same quarter in the prior year, the firm posted $3.87 EPS. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, equities research analysts predict that United Airlines Holdings Inc will post 10.38 EPS for the current fiscal year.

Insider Activity at United Airlines

In other news, CEO J Scott Kirby sold 159,321 shares of the business’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the completion of the sale, the chief executive officer directly owned 797,851 shares in the company, valued at approximately $94,186,310.55. The trade was a 16.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Andrew P. Nocella sold 4,200 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $120.48, for a total transaction of $506,016.00. Following the sale, the executive vice president directly owned 222,955 shares of the company’s stock, valued at approximately $26,861,618.40. This represents a 1.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 306,010 shares of company stock valued at $35,949,843. 0.86% of the stock is owned by company insiders.

United Airlines Profile

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.