Commerce Bank Buys Shares of 18,299 United Airlines Holdings Inc $UAL

Commerce Bank 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 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,299 shares of the transportation company’s stock, valued at approximately $2,488,000.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new position in United Airlines during the fourth quarter valued at approximately $234,244,000. Deutsche Bank AG purchased a new stake in United Airlines in the second quarter worth approximately $178,571,000. Bank of New York Mellon Corp bought a new stake in United Airlines in the 2nd quarter worth approximately $178,508,000. Holocene Advisors LP bought a new stake in United Airlines in the 2nd quarter worth approximately $84,753,000. Finally, AQR Capital Management LLC raised its stake in United Airlines by 56.8% during the 4th quarter. AQR Capital Management LLC now owns 2,928,657 shares of the transportation company’s stock valued at $325,549,000 after buying an additional 1,060,371 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UAL. Morgan Stanley increased their price target on United Airlines from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. UBS Group lifted their price objective on United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Barclays increased their target price on United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. BMO Capital Markets raised their target price on United Airlines from $130.00 to $157.50 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Finally, The Goldman Sachs Group raised their target price on United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. 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, United Airlines currently has an average rating of “Moderate Buy” and an average target price of $157.74.

Insider Buying and Selling

In related news, CEO J Scott Kirby sold 159,321 shares of the business’s stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Brett J. Hart sold 30,108 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $120.72, for a total transaction of $3,634,637.76. Following the completion of the sale, the president directly owned 371,583 shares of the company’s stock, valued at $44,857,499.76. This represents a 7.50% 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. Insiders sold 266,010 shares of company stock valued at $31,732,909 in the last 90 days. Corporate insiders own 0.86% of the company’s stock.

United Airlines Price Performance

Shares of United Airlines stock opened at $113.57 on Tuesday. The stock has a market cap of $36.86 billion, a P/E ratio of 10.62, a P/E/G ratio of 0.87 and a beta of 1.28. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78. The stock’s fifty day moving average is $123.87 and its 200 day moving average is $108.57. United Airlines Holdings Inc has a one year low of $84.64 and a one year high of $138.77.

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

About United Airlines

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.