56,412 Shares in United Airlines Holdings Inc $UAL Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new stake in United Airlines Holdings Inc (NASDAQ:UALFree Report) during the 2nd quarter, Holdings Channel reports. The firm bought 56,412 shares of the transportation company’s stock, valued at approximately $7,671,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd acquired a new position in United Airlines in the 2nd quarter valued at $1,360,000. Solstein Capital LLC bought a new position in United Airlines during the 2nd quarter worth $68,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of United Airlines during the second quarter worth $41,911,000. Clear Harbor Asset Management LLC acquired a new stake in shares of United Airlines during the second quarter worth $2,446,000. Finally, Bank of Nova Scotia bought a new stake in shares of United Airlines in the second quarter valued at about $4,024,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on UAL shares. Bank of America upped their price target on shares of United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. TD Cowen cut their price objective on shares of United Airlines from $205.00 to $192.00 and set a “buy” rating for the company in a report on Monday. Morgan Stanley increased their target price on shares of United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Jefferies Financial Group reaffirmed a “buy” rating and set a $155.00 target price on shares of United Airlines in a report on Sunday, July 19th. Finally, Wells Fargo & Company lifted their price target on shares of United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a research report on Tuesday, June 30th. Sixteen 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 presently has a consensus rating of “Moderate Buy” and a consensus target price of $157.74.

Check Out Our Latest Stock Report on UAL

United Airlines Price Performance

United Airlines stock opened at $113.57 on Tuesday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78. United Airlines Holdings Inc has a 52 week low of $84.64 and a 52 week high of $138.77. The stock has a market capitalization of $36.86 billion, a P/E ratio of 10.62, a price-to-earnings-growth ratio of 0.87 and a beta of 1.28. The stock has a fifty day moving average of $123.87 and a 200-day moving average of $108.57.

United Airlines (NASDAQ:UALGet Free Report) last released its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The business had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. During the same period last year, the firm posted $3.87 earnings per share. United Airlines’s 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, sell-side analysts expect that United Airlines Holdings Inc will post 10.38 earnings per share for the current fiscal year.

Insider Activity at United Airlines

In other news, EVP Andrew P. Nocella sold 4,200 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $120.48, for a total value of $506,016.00. Following the sale, the executive vice president directly owned 222,955 shares in the company, valued at approximately $26,861,618.40. This trade represents a 1.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, President Brett J. Hart sold 30,108 shares of United Airlines stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $120.72, for a total transaction of $3,634,637.76. Following the sale, the president directly owned 371,583 shares in the company, valued at $44,857,499.76. This trade represents a 7.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 266,010 shares of company stock worth $31,732,909 over the last three months. 0.86% of the stock is owned by insiders.

United Airlines Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for United Airlines (NASDAQ:UAL)

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