Primecap Management Co. CA Trims Stock Position in United Airlines Holdings Inc $UAL

Primecap Management Co. CA trimmed its position in United Airlines Holdings Inc (NASDAQ:UAL) by 4.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,002,960 shares of the transportation company’s stock after selling 831,750 shares during the quarter. United Airlines comprises 1.3% of Primecap Management Co. CA’s investment portfolio, making the stock its 20th biggest position. Primecap Management Co. CA owned 5.56% of United Airlines worth $1,737,286,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Financial Consulate Inc. purchased a new stake in shares of United Airlines during the 3rd quarter valued at approximately $29,000. Abich Financial Wealth Management LLC purchased a new position in United Airlines in the third quarter worth approximately $34,000. Quent Capital LLC acquired a new stake in United Airlines during the third quarter worth $40,000. Cypress Capital Management LLC WY purchased a new stake in United Airlines in the third quarter valued at $48,000. Finally, Hemington Wealth Management raised its position in United Airlines by 36.9% in the third quarter. Hemington Wealth Management now owns 557 shares of the transportation company’s stock valued at $53,000 after purchasing an additional 150 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

United Airlines Stock Up 0.2%

Shares of UAL opened at $112.87 on Thursday. The company’s 50-day simple moving average is $111.92 and its 200-day simple moving average is $104.55. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.59 and a current ratio of 0.65. United Airlines Holdings Inc has a 1 year low of $52.00 and a 1 year high of $119.21. The stock has a market capitalization of $36.51 billion, a PE ratio of 11.04, a P/E/G ratio of 0.59 and a beta of 1.30.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings data on Tuesday, January 20th. The transportation company reported $3.10 earnings per share for the quarter, beating analysts’ consensus estimates of $2.97 by $0.13. The firm had revenue of $15.40 billion during the quarter, compared to analysts’ expectations of $15.35 billion. United Airlines had a net margin of 5.68% and a return on equity of 25.13%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.26 earnings per share. 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. Analysts forecast that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, President Brett J. Hart sold 19,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $106.45, for a total value of $2,022,550.00. Following the sale, the president directly owned 264,638 shares in the company, valued at approximately $28,170,715.10. This trade represents a 6.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO J Scott Kirby sold 120,000 shares of United Airlines stock in a transaction 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 of the company’s stock, valued at approximately $71,892,465.10. This trade represents a 15.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.71% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Sanford C. Bernstein reiterated an “outperform” rating and set a $136.00 price target on shares of United Airlines in a report on Tuesday, January 27th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $132.50 target price on shares of United Airlines in a research report on Thursday, January 22nd. TD Cowen increased their target price on shares of United Airlines from $138.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. UBS Group boosted their price target on shares of United Airlines from $145.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Finally, Morgan Stanley set a $150.00 price objective on shares of United Airlines and gave the stock an “overweight” rating in a report on Thursday, January 8th. Fifteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $137.32.

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.