Ieq Capital LLC Makes New Investment in United Airlines Holdings Inc $UAL

Ieq Capital LLC acquired a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 133,249 shares of the transportation company’s stock, valued at approximately $18,121,000.

A number of other hedge funds also recently made changes to their positions in the stock. Legacy Wealth Managment LLC ID bought a new stake in United Airlines during the 4th quarter worth approximately $25,000. Dunhill Financial LLC bought a new position in shares of United Airlines in the second quarter worth approximately $25,000. Western Wealth Management LLC bought a new position in shares of United Airlines in the first quarter worth approximately $27,000. Elevation Wealth Partners LLC increased its stake in shares of United Airlines by 393.0% in the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock worth $29,000 after purchasing an additional 169 shares in the last quarter. Finally, Trust Co. of Vermont purchased a new stake in shares of United Airlines in the second quarter worth $29,000. 69.69% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other United Airlines news, EVP Kate Gebo sold 5,331 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total transaction of $562,473.81. Following the completion of the transaction, the executive vice president owned 60,393 shares of the company’s stock, valued at $6,372,065.43. This represents a 8.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO J Scott Kirby sold 159,321 shares of the firm’s stock in a transaction dated 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 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 306,010 shares of company stock worth $35,949,843 in the last 90 days. 0.86% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

UAL has been the topic of several recent analyst reports. Bank of America raised their price objective on shares of United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Jefferies Financial Group reaffirmed a “buy” rating and issued a $155.00 target price on shares of United Airlines in a report on Sunday, July 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of United Airlines in a research note on Friday, July 17th. Barclays raised their price target on United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Finally, BMO Capital Markets boosted their price objective on United Airlines from $130.00 to $157.50 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Sixteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, United Airlines has an average rating of “Moderate Buy” and an average price target of $156.79.

United Airlines Trading Up 1.3%

United Airlines 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 debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. United Airlines Holdings Inc has a 1 year low of $84.64 and a 1 year high of $138.77. The firm’s 50 day moving average price is $124.00 and its 200-day moving average price is $108.55.

United Airlines (NASDAQ:UAL) last released its 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 the consensus estimate of $17.62 billion. During the same quarter in the previous year, the firm earned $3.87 earnings per share. The company’s quarterly revenue 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. On average, equities analysts predict that United Airlines Holdings Inc will post 10.38 earnings per share for the current fiscal year.

United Airlines Company 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.