United Airlines Holdings Inc $UAL Shares Bought by KBC Group NV

KBC Group NV boosted its stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 16.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 566,487 shares of the transportation company’s stock after acquiring an additional 81,486 shares during the quarter. KBC Group NV’s holdings in United Airlines were worth $52,157,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Legacy Wealth Managment LLC ID acquired a new position in shares of United Airlines in the 4th quarter worth approximately $25,000. JPL Wealth Management LLC acquired a new stake in United Airlines in the 3rd quarter valued at approximately $29,000. Cache Advisors LLC purchased a new stake in United Airlines in the first quarter valued at approximately $33,000. BOCHK Asset Management Ltd purchased a new stake in United Airlines in the fourth quarter valued at approximately $34,000. Finally, Motiv8 Investments LLC acquired a new position in United Airlines during the fourth quarter worth $35,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on UAL. Bank of America raised their price target on United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. TD Cowen boosted their price objective on United Airlines from $150.00 to $176.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. increased their target price on United Airlines from $156.00 to $203.00 and gave the stock an “overweight” rating in a research note on Friday. Weiss Ratings restated a “hold (c+)” rating on shares of United Airlines in a report on Friday. Finally, Citigroup lifted their target price on United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Sixteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, United Airlines has a consensus rating of “Moderate Buy” and a consensus price target of $156.79.

Insider Buying and Selling

In related news, CEO J Scott Kirby sold 48,303 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $121.30, for a total transaction of $5,859,153.90. Following the completion of the transaction, the chief executive officer directly owned 798,929 shares of the company’s stock, valued at $96,910,087.70. The trade was a 5.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kate Gebo sold 34,669 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $105.41, for a total value of $3,654,459.29. Following the sale, the executive vice president owned 67,707 shares in the company, valued at approximately $7,136,994.87. This trade represents a 33.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 96,381 shares of company stock valued at $10,837,575 in the last three months. 0.86% of the stock is owned by corporate insiders.

United Airlines Stock Performance

Shares of UAL stock opened at $117.52 on Tuesday. The firm has a 50 day moving average of $115.04 and a two-hundred day moving average of $106.66. The stock has a market capitalization of $38.14 billion, a PE ratio of 10.99, a P/E/G ratio of 0.88 and a beta of 1.25. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a 52 week low of $82.42 and a 52 week high of $138.77.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings data 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. The business had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The company’s revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, research analysts predict that United Airlines Holdings Inc will post 10.13 EPS for the current fiscal year.

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.