Evolve Private Wealth LLC Invests $5.02 Million in United Airlines Holdings Inc $UAL

Evolve Private Wealth LLC bought a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 36,882 shares of the transportation company’s stock, valued at approximately $5,016,000.

Several other large investors also recently bought and sold shares of the stock. Westpac Banking Corp purchased a new position in shares of United Airlines in the 2nd quarter valued at about $41,000. Korea Investment CORP purchased a new stake in shares of United Airlines during the second quarter worth approximately $14,130,000. EP Wealth Advisors LLC purchased a new stake in shares of United Airlines during the second quarter worth approximately $925,000. Heartland Bank & Trust Co acquired a new stake in United Airlines in the second quarter valued at approximately $349,000. Finally, Rakuten Securities Inc. acquired a new stake in United Airlines in the second quarter valued at approximately $32,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on UAL shares. The Goldman Sachs Group boosted their price target on shares of United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Wall Street Zen lowered shares of United Airlines from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Bank of America lifted their price objective on shares of United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Wells Fargo & Company boosted their target price on shares of United Airlines from $130.00 to $165.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 30th. Finally, BMO Capital Markets increased their target price on United Airlines from $130.00 to $157.50 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Sixteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $156.79.

United Airlines Stock Up 1.3%

UAL stock opened at $113.17 on Friday. The stock has a market cap of $36.73 billion, a P/E ratio of 10.59, a PEG ratio of 0.87 and a beta of 1.28. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a twelve month low of $84.64 and a twelve month high of $138.77. The company’s 50 day moving average is $124.00 and its two-hundred day moving average is $108.55.

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

Insider Activity at United Airlines

In other United Airlines news, EVP Kate Gebo sold 34,669 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the transaction, the executive vice president owned 67,707 shares in the company, valued at approximately $7,136,994.87. The trade was a 33.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Brett J. Hart sold 30,108 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $120.72, for a total transaction of $3,634,637.76. Following the completion of the transaction, the president directly owned 371,583 shares of the company’s stock, valued at $44,857,499.76. The trade was a 7.50% decrease in their position. 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 have sold a total of 306,010 shares of company stock worth $35,949,843 in the last three months. 0.86% of the stock is currently owned by corporate 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.