Lombard Odier Asset Management Switzerland SA acquired a new stake in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,035 shares of the transportation company’s stock, valued at approximately $464,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp boosted its stake in shares of United Airlines by 0.5% during the 4th quarter. State Street Corp now owns 11,510,200 shares of the transportation company’s stock worth $1,287,071,000 after purchasing an additional 52,962 shares during the last quarter. Geode Capital Management LLC boosted its position in United Airlines by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 9,012,731 shares of the transportation company’s stock worth $1,015,218,000 after acquiring an additional 68,565 shares during the last quarter. Capital World Investors grew its stake in United Airlines by 0.3% in the 4th quarter. Capital World Investors now owns 7,265,530 shares of the transportation company’s stock worth $812,428,000 after acquiring an additional 22,464 shares during the period. Dimensional Fund Advisors LP raised its holdings in United Airlines by 3.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,664,538 shares of the transportation company’s stock valued at $521,330,000 after acquiring an additional 190,017 shares during the last quarter. Finally, Par Capital Management Inc. raised its holdings in United Airlines by 1.6% in the 4th quarter. Par Capital Management Inc. now owns 4,894,850 shares of the transportation company’s stock valued at $547,342,000 after acquiring an additional 75,000 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.
Key Headlines Impacting United Airlines
Here are the key news stories impacting United Airlines this week:
- Positive Sentiment: Airline stocks benefited from a decline in oil prices, which could reduce United’s largest variable expense and improve profit margins. A report that United previously explored a merger with Delta Air Lines generated additional attention, although the potential deal remains speculative. United Pursued Delta Merger: Report
- Positive Sentiment: United’s revenue momentum, improving earnings estimates and liquidity position support the investment case. Its latest reported quarter exceeded analyst expectations, with earnings of $1.99 per share versus the $1.88 consensus and revenue of $17.67 billion. United Revenue Growth Analysis
- Positive Sentiment: United introduced a new Economy Plus seating design for its upcoming Airbus A321XLR aircraft, featuring additional elbow room and a shared table. The product could help differentiate the airline and support premium revenue on long-haul international routes. United Unveils New Economy Plus Seating
Analysts Set New Price Targets
Insider Transactions at United Airlines
In other news, EVP Torbjorn J. Enqvist sold 20,000 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $119.91, for a total transaction of $2,398,200.00. Following the completion of the transaction, the executive vice president directly owned 114,800 shares in the company, valued at approximately $13,765,668. This represents a 14.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 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 directly owned 215,345 shares of the company’s stock, valued at $19,421,965.55. The trade was a 3.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 310,010 shares of company stock valued at $36,184,273 in the last three months. 0.86% of the stock is currently owned by company insiders.
United Airlines Price Performance
Shares of NASDAQ UAL opened at $123.77 on Wednesday. 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 $82.42 and a 1-year high of $138.77. The company has a market capitalization of $40.17 billion, a price-to-earnings ratio of 11.58, a PEG ratio of 0.89 and a beta of 1.25. The business has a 50-day moving average of $118.06 and a 200-day moving average of $106.86.
United Airlines (NASDAQ:UAL – Get Free Report) last released its quarterly earnings results 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. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The firm had revenue of $17.67 billion during the quarter, compared to analysts’ expectations of $17.62 billion. During the same quarter in the prior year, the business earned $3.87 EPS. United Airlines’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 anticipate that United Airlines Holdings Inc will post 10.48 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.
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