PointState Capital LP Takes $120.97 Million Position in United Airlines Holdings Inc $UAL

PointState Capital LP purchased a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 889,534 shares of the transportation company’s stock, valued at approximately $120,968,000. United Airlines accounts for approximately 1.5% of PointState Capital LP’s investment portfolio, making the stock its 24th largest position.

A number of other institutional investors have also recently bought and sold shares of the business. Root Financial Partners LLC raised its stake in United Airlines by 5.3% in the fourth quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock valued at $206,000 after buying an additional 93 shares during the period. AXA S.A. raised its stake in United Airlines by 0.8% in the 2nd quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock valued at $1,231,000 after acquiring an additional 121 shares during the period. SJS Investment Consulting Inc. lifted its holdings in United Airlines by 17.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock valued at $79,000 after purchasing an additional 125 shares during the last quarter. Fielder Capital Group LLC boosted its position in United Airlines by 5.4% during the fourth quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock worth $276,000 after purchasing an additional 127 shares during the period. Finally, Koshinski Asset Management Inc. increased its holdings in shares of United Airlines by 3.7% in the first quarter. Koshinski Asset Management Inc. now owns 3,914 shares of the transportation company’s stock valued at $360,000 after purchasing an additional 138 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

United Airlines Stock Performance

Shares of NASDAQ:UAL opened at $114.83 on Thursday. United Airlines Holdings Inc has a 12-month low of $84.64 and a 12-month high of $138.77. The company’s 50 day moving average price is $123.83 and its two-hundred day moving average price is $108.69. The firm has a market cap of $37.27 billion, a PE ratio of 10.74, a PEG ratio of 0.93 and a beta of 1.28. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.88 by $0.11. The company had revenue of $17.67 billion during the quarter, compared to the consensus estimate of $17.62 billion. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the business earned $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Equities research analysts predict that United Airlines Holdings Inc will post 10.12 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on UAL shares. Bank of America raised their target price on shares of United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Zacks Research raised shares of United Airlines from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. The Goldman Sachs Group boosted 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. Sanford C. Bernstein upped their target price on United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Finally, Morgan Stanley lifted their price target on United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Sixteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, United Airlines currently has an average rating of “Moderate Buy” and a consensus target price of $157.74.

Key Stories Impacting United Airlines

Here are the key news stories impacting United Airlines this week:

• Positive Sentiment: United announced the largest international expansion in its history, adding 10 destinations and three routes across Europe and Asia to its 2027 schedule. The expansion targets strong premium and leisure demand, including routes to smaller markets such as Marseille, Sardinia, Luxembourg and Ibiza, as well as Okinawa, Japan. United Airlines 2027 international routes
• Positive Sentiment: The carrier expects sufficient Airbus A321XLR deliveries to support the expansion. The aircraft’s long range and smaller capacity should allow United to serve thinner international markets while limiting the cost and risk of deploying larger aircraft. United A321XLR deliveries
• Positive Sentiment: Management cited resilient overseas travel demand and confidence in the U.S. economy. A successful rollout could strengthen United’s premium international revenue engine and improve its competitive position against Delta Air Lines and American Airlines. United expands competition for travelers
• Neutral Sentiment: Short-interest data showed no meaningful reported short position, but the figures appear inconsistent and provide little useful signal for UAL investors.
• Negative Sentiment: TD Cowen lowered its expectations for United’s stock price, potentially encouraging investors to lock in gains following the expansion-related rally. TD Cowen lowers United expectations
• Negative Sentiment: The 2027 growth plan will require additional aircraft, staffing and marketing spending, while higher oil prices could pressure margins. Investors may also be concerned that adding capacity could intensify competition or fail to generate sufficient yields.

Insider Buying and Selling

In other news, President Brett J. Hart sold 30,108 shares of the company’s stock in a transaction 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 in the company, valued at approximately $44,857,499.76. This represents a 7.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of the stock in a transaction on Friday, July 24th. The stock was sold at an average price of $119.91, for a total value of $2,398,200.00. Following the sale, the executive vice president directly owned 114,800 shares in the company, valued at approximately $13,765,668. This trade represents a 14.84% 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 over the last 90 days. 0.86% of the stock is currently owned by 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.