Coppell Advisory Solutions LLC purchased a new position in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 4,680 shares of the transportation company’s stock, valued at approximately $636,000.
Other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada grew its position in United Airlines by 11.2% in the first quarter. Royal Bank of Canada now owns 418,647 shares of the transportation company’s stock worth $38,544,000 after acquiring an additional 42,111 shares in the last quarter. Phoenix Financial Ltd. raised its position in United Airlines by 129.6% during the fourth quarter. Phoenix Financial Ltd. now owns 23,183 shares of the transportation company’s stock valued at $2,592,000 after purchasing an additional 13,085 shares during the period. Swedbank AB raised its position in United Airlines by 47.0% during the fourth quarter. Swedbank AB now owns 127,807 shares of the transportation company’s stock valued at $14,291,000 after purchasing an additional 40,853 shares during the period. Leonteq Securities AG bought a new stake in shares of United Airlines in the 4th quarter valued at approximately $5,685,000. Finally, Y Intercept Hong Kong Ltd boosted its holdings in shares of United Airlines by 432.2% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 96,592 shares of the transportation company’s stock worth $8,893,000 after purchasing an additional 78,442 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.
Insider Activity
In other United Airlines news, CEO J Scott Kirby sold 159,321 shares of United Airlines 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 transaction, the chief executive officer directly owned 797,851 shares of the company’s stock, valued at approximately $94,186,310.55. The trade was a 16.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Andrew P. Nocella sold 5,000 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $117.00, for a total value of $585,000.00. Following the completion of the sale, the executive vice president directly owned 214,955 shares of the company’s stock, valued at $25,149,735. The trade was a 2.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 271,010 shares of company stock valued at $32,317,909 in the last ninety days. 0.86% of the stock is currently owned by insiders.
United Airlines Stock Performance
United Airlines (NASDAQ:UAL – Get Free Report) last posted its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping 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 company had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. During the same quarter in the prior year, the business earned $3.87 earnings per share. United Airlines’s revenue 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, sell-side analysts anticipate that United Airlines Holdings Inc will post 9.91 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
UAL has been the topic of several analyst reports. JPMorgan Chase & Co. boosted their target price on United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. TD Cowen lowered their price target on United Airlines from $205.00 to $192.00 and set a “buy” rating for the company in a research report on Monday, August 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of United Airlines in a research note on Friday, July 17th. Citigroup raised their target price on shares of United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Finally, Susquehanna dropped their price target on shares of United Airlines from $172.00 to $165.00 and set a “positive” rating for the company in a research note on Friday, July 17th. Sixteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $157.74.
Check Out Our Latest Stock Report on United Airlines
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.
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