Hollencrest Capital Management increased its position in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 180,270.0% in the 3rd quarter, Holdings Channel reports. The firm owned 18,037 shares of the transportation company’s stock after purchasing an additional 18,027 shares during the period. Hollencrest Capital Management’s holdings in United Airlines were worth $1,741,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UAL. New York State Common Retirement Fund grew its holdings in shares of United Airlines by 4.3% during the third quarter. New York State Common Retirement Fund now owns 188,393 shares of the transportation company’s stock worth $18,180,000 after buying an additional 7,695 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in United Airlines by 181.8% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 2,981 shares of the transportation company’s stock valued at $278,000 after acquiring an additional 1,923 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in United Airlines by 10.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 44,465 shares of the transportation company’s stock valued at $4,291,000 after acquiring an additional 4,120 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in United Airlines by 1.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,416,537 shares of the transportation company’s stock worth $136,696,000 after purchasing an additional 16,478 shares in the last quarter. Finally, Ballentine Partners LLC boosted its holdings in shares of United Airlines by 7.0% during the 3rd quarter. Ballentine Partners LLC now owns 2,824 shares of the transportation company’s stock worth $273,000 after purchasing an additional 184 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts recently commented on the company. Barclays lifted their price objective on United Airlines from $135.00 to $150.00 and gave the stock an “overweight” rating in a research report on Monday, January 12th. Morgan Stanley set a $150.00 target price on United Airlines and gave the stock an “overweight” rating in a research note on Thursday, January 8th. Jefferies Financial Group boosted their price target on shares of United Airlines from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, October 1st. Weiss Ratings restated a “hold (c+)” rating on shares of United Airlines in a research report on Wednesday, January 21st. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $136.00 target price on shares of United Airlines in a research note on Tuesday. Fifteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $135.97.
United Airlines Stock Up 0.8%
NASDAQ:UAL opened at $104.91 on Thursday. United Airlines Holdings Inc has a 52 week low of $52.00 and a 52 week high of $119.21. The stock’s fifty day moving average is $108.96 and its two-hundred day moving average is $101.56. The stock has a market capitalization of $33.96 billion, a price-to-earnings ratio of 10.27, a price-to-earnings-growth ratio of 0.55 and a beta of 1.31. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.35.
United Airlines (NASDAQ:UAL – Get Free Report) last posted its quarterly earnings data on Tuesday, January 20th. The transportation company reported $3.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.97 by $0.13. The firm had revenue of $15.40 billion for the quarter, compared to the consensus estimate of $15.35 billion. United Airlines had a return on equity of 25.13% and a net margin of 5.68%.The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.26 EPS. United Airlines has set its Q1 2026 guidance at 1.000-1.500 EPS and its FY 2026 guidance at 12.000-14.000 EPS. Research analysts anticipate that United Airlines Holdings Inc will post 12.96 EPS for the current year.
Insider Buying and Selling at United Airlines
In related news, CEO J Scott Kirby sold 120,000 shares of United Airlines stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $107.86, for a total value of $12,943,200.00. Following the completion of the transaction, the chief executive officer owned 666,535 shares in the company, valued at approximately $71,892,465.10. The trade was a 15.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.63% of the company’s stock.
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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