OLD National Bancorp IN Has $1.13 Million Stock Position in United Airlines Holdings Inc $UAL

OLD National Bancorp IN lowered its position in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 32.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,314 shares of the transportation company’s stock after selling 6,003 shares during the quarter. OLD National Bancorp IN’s holdings in United Airlines were worth $1,134,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in UAL. Bison Wealth LLC acquired a new position in United Airlines during the 4th quarter valued at about $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of United Airlines by 24.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company’s stock worth $2,753,000 after buying an additional 7,713 shares during the period. Focus Partners Wealth raised its stake in shares of United Airlines by 92.7% during the first quarter. Focus Partners Wealth now owns 12,349 shares of the transportation company’s stock worth $853,000 after buying an additional 5,939 shares during the last quarter. First Trust Advisors LP raised its stake in shares of United Airlines by 23.5% during the second quarter. First Trust Advisors LP now owns 292,580 shares of the transportation company’s stock worth $23,298,000 after buying an additional 55,728 shares during the last quarter. Finally, Cresset Asset Management LLC lifted its holdings in United Airlines by 73.5% in the second quarter. Cresset Asset Management LLC now owns 9,410 shares of the transportation company’s stock valued at $749,000 after buying an additional 3,987 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.

Insider Activity at United Airlines

In related news, EVP Kate Gebo sold 5,331 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $105.51, for a total transaction of $562,473.81. Following the sale, the executive vice president owned 60,393 shares of the company’s stock, valued at approximately $6,372,065.43. This trade represents a 8.11% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO J Scott Kirby sold 1,078 shares of United Airlines stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $120.74, for a total value of $130,157.72. Following the transaction, the chief executive officer owned 797,851 shares in the company, valued at approximately $96,332,529.74. This represents a 0.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 96,381 shares of company stock worth $10,837,575 in the last quarter. Corporate insiders own 0.86% of the company’s stock.

United Airlines Stock Up 1.1%

Shares of NASDAQ UAL opened at $136.11 on Friday. United Airlines Holdings Inc has a 52-week low of $77.36 and a 52-week high of $138.44. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.64 and a current ratio of 0.70. The stock has a market cap of $44.18 billion, a P/E ratio of 12.15, a P/E/G ratio of 1.09 and a beta of 1.27. The firm has a 50 day moving average price of $104.84 and a 200 day moving average price of $104.92.

United Airlines (NASDAQ:UAL) last posted its earnings results on Tuesday, April 21st. The transportation company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.11. The company had revenue of $14.61 billion for the quarter, compared to analyst estimates of $14.19 billion. United Airlines had a net margin of 6.06% and a return on equity of 24.33%. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period last year, the business posted $0.91 earnings per share. 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. Analysts expect that United Airlines Holdings Inc will post 10.01 EPS for the current year.

Analyst Upgrades and Downgrades

UAL has been the topic of a number of recent research reports. Rothschild & Co Redburn reduced their price objective on shares of United Airlines from $125.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Zacks Research raised United Airlines from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 11th. BMO Capital Markets raised their price target on United Airlines from $110.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Wells Fargo & Company decreased their price objective on United Airlines from $145.00 to $130.00 and set an “overweight” rating for the company in a research note on Monday, March 16th. Finally, Citigroup upped their price objective on United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a report on Monday, June 22nd. One investment 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 MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.53.

About United Airlines

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.