Royal Bank of Canada Has $38.54 Million Holdings in United Airlines Holdings Inc $UAL

Royal Bank of Canada boosted its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 11.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 418,647 shares of the transportation company’s stock after purchasing an additional 42,111 shares during the quarter. Royal Bank of Canada’s holdings in United Airlines were worth $38,544,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Legacy Wealth Managment LLC ID purchased a new stake in shares of United Airlines in the fourth quarter worth approximately $25,000. JPL Wealth Management LLC bought a new position in shares of United Airlines in the third quarter valued at approximately $29,000. Cache Advisors LLC purchased a new position in shares of United Airlines during the first quarter valued at approximately $33,000. BOCHK Asset Management Ltd purchased a new position in shares of United Airlines during the fourth quarter valued at approximately $34,000. Finally, Motiv8 Investments LLC bought a new stake in United Airlines during the fourth quarter worth $35,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Insider Buying and Selling

In other United Airlines news, EVP Andrew P. Nocella sold 4,200 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was 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 $26,861,618.40. The trade was a 1.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Kate Gebo sold 5,331 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total value of $562,473.81. Following the transaction, the executive vice president directly owned 60,393 shares in the company, valued at $6,372,065.43. This represents a 8.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 303,010 shares of company stock worth $35,552,943 in the last three months. Insiders own 0.86% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on UAL shares. Wall Street Zen lowered United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday. UBS Group lifted their price objective on shares of United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Susquehanna reduced their target price on shares of United Airlines from $172.00 to $165.00 and set a “positive” rating for the company in a research note on Friday, July 17th. Morgan Stanley increased their target price on shares of United Airlines from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of United Airlines in a research report on Friday, July 17th. Sixteen investment 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 company has a consensus rating of “Moderate Buy” and an average price target of $156.79.

United Airlines Trading Up 5.8%

Shares of United Airlines stock opened at $128.39 on Tuesday. The firm has a market cap of $41.67 billion, a PE ratio of 12.01, a P/E/G ratio of 0.90 and a beta of 1.28. United Airlines Holdings Inc has a 1 year low of $84.64 and a 1 year high of $138.77. 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 stock has a fifty day moving average price of $119.96 and a 200-day moving average price of $107.07.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results 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. The company had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Equities research analysts anticipate that United Airlines Holdings Inc will post 10.48 EPS for the current 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.