Torbjorn Enqvist Sells 20,000 Shares of United Airlines (NASDAQ:UAL) Stock

United Airlines Holdings Inc (NASDAQ:UAL) EVP Torbjorn Enqvist sold 20,000 shares of the business’s 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 of the company’s stock, valued at $13,765,668. This trade represents a 14.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

United Airlines Stock Up 2.7%

NASDAQ UAL traded up $3.20 during midday trading on Tuesday, hitting $123.77. 4,346,198 shares of the company traded hands, compared to its average volume of 4,508,917. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. The company has a market cap of $40.17 billion, a PE ratio of 11.58, a price-to-earnings-growth ratio of 0.89 and a beta of 1.25. The company’s 50-day simple moving average is $118.06 and its 200-day simple moving average is $106.86. 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 announced its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.88 by $0.11. The business had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The business’s revenue was up 16.4% compared to the same quarter last year. During the same period last year, the business posted $3.87 EPS. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, equities research analysts forecast that United Airlines Holdings Inc will post 10.48 earnings per share for the current year.

Institutional Investors Weigh In On United Airlines

A number of large investors have recently modified their holdings of the business. Elevation Wealth Partners LLC raised its position in shares of United Airlines by 393.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 169 shares during the last quarter. Legacy Wealth Managment LLC ID purchased a new stake in United Airlines during the 4th quarter worth approximately $25,000. Western Wealth Management LLC acquired a new position in United Airlines during the 1st quarter valued at approximately $27,000. JPL Wealth Management LLC acquired a new position in United Airlines during the 3rd quarter valued at approximately $29,000. Finally, BOCHK Asset Management Ltd purchased a new position in shares of United Airlines in the fourth quarter worth $34,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Trending Headlines about 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

Analyst Ratings Changes

Several analysts have commented on the stock. Bank of America increased their price target on shares of United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Wall Street Zen raised shares of United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. TD Cowen boosted their price objective on shares of United Airlines from $150.00 to $176.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Wells Fargo & Company increased their target price 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. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of United Airlines in a research note on Friday, July 17th. Sixteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $156.79.

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.