Hsbc Holdings PLC decreased its position in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 23.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 766,076 shares of the transportation company’s stock after selling 232,598 shares during the period. Hsbc Holdings PLC’s holdings in United Airlines were worth $85,668,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in UAL. CWM LLC boosted its position in United Airlines by 61.0% during the 4th quarter. CWM LLC now owns 84,286 shares of the transportation company’s stock worth $9,425,000 after acquiring an additional 31,921 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of United Airlines by 6.3% during the third quarter. Russell Investments Group Ltd. now owns 909,263 shares of the transportation company’s stock valued at $87,804,000 after purchasing an additional 53,541 shares during the period. Holocene Advisors LP raised its stake in shares of United Airlines by 40.1% during the third quarter. Holocene Advisors LP now owns 1,491,352 shares of the transportation company’s stock valued at $143,915,000 after purchasing an additional 427,012 shares in the last quarter. Elo Mutual Pension Insurance Co bought a new stake in shares of United Airlines during the third quarter valued at about $1,321,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in United Airlines by 3.8% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 418,718 shares of the transportation company’s stock worth $40,406,000 after purchasing an additional 15,364 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.
Wall Street Analysts Forecast Growth
UAL has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of United Airlines in a research report on Monday, April 20th. Rothschild & Co Redburn dropped their price target on shares of United Airlines from $125.00 to $110.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Susquehanna set a $135.00 price target on shares of United Airlines in a research note on Thursday, April 23rd. Zacks Research upgraded shares of United Airlines from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. Finally, Bank of America raised their price objective on shares of United Airlines from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $135.47.
United Airlines Trading Up 0.3%
Shares of UAL stock opened at $118.68 on Tuesday. The stock has a 50-day simple moving average of $102.05 and a 200 day simple moving average of $104.22. The stock has a market capitalization of $38.52 billion, a P/E ratio of 10.60, a P/E/G ratio of 0.94 and a beta of 1.27. United Airlines Holdings Inc has a fifty-two week low of $71.55 and a fifty-two week high of $124.79. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 1.38.
United Airlines (NASDAQ:UAL – Get Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The transportation company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.08 by $0.11. United Airlines had a net margin of 6.06% and a return on equity of 24.33%. The firm had revenue of $14.61 billion for the quarter, compared to analysts’ expectations of $14.19 billion. During the same period in the previous year, the business earned $0.91 earnings per share. United Airlines’s revenue for the quarter was up 10.5% compared to the same quarter last year. United Airlines has set its FY 2026 guidance at 7.000-11.000 EPS and its Q2 2026 guidance at 1.000-2.000 EPS. On average, sell-side analysts expect that United Airlines Holdings Inc will post 10.01 earnings per share for the current fiscal year.
Insider Transactions at United Airlines
In related news, EVP Kate Gebo sold 34,669 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the completion of the sale, the executive vice president directly owned 67,707 shares in the company, valued at approximately $7,136,994.87. This trade represents a 33.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Andrew P. Nocella sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $90.19, for a total transaction of $631,330.00. Following the sale, the executive vice president owned 215,345 shares of the company’s stock, valued at $19,421,965.55. The trade was a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 96,381 shares of company stock valued at $10,837,575 in the last quarter. Insiders own 0.86% of the company’s stock.
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.
Further Reading
- Five stocks we like better than United Airlines
- Buy CrowdStrike Before the Stock Split? Here’s the Case
- Investors Are Buying Into Sweetgreen Again—Should They?
- Burlington Is Winning Over Shoppers But Investors Need Patience
- USA Today’s Digital Revival Is Gaining Steam, But With Plenty of Risk
Want to see what other hedge funds are holding UAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Airlines Holdings Inc (NASDAQ:UAL – Free Report).
Receive News & Ratings for United Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Airlines and related companies with MarketBeat.com's FREE daily email newsletter.
