Rakuten Investment Management Inc. Purchases New Position in United Airlines Holdings Inc $UAL

Rakuten Investment Management Inc. acquired a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 39,082 shares of the transportation company’s stock, valued at approximately $5,283,000.

A number of other hedge funds have also recently added to or reduced their stakes in UAL. Legacy Wealth Managment LLC ID bought a new stake in shares of United Airlines during the fourth quarter worth $25,000. Dunhill Financial LLC bought a new position in shares of United Airlines in the 2nd quarter valued at $25,000. Western Wealth Management LLC bought a new position in shares of United Airlines in the 1st quarter valued at $27,000. Elevation Wealth Partners LLC boosted its holdings in shares of United Airlines by 393.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 169 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new stake in shares of United Airlines during the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Insider Buying and Selling

In related news, CEO J Scott Kirby sold 159,321 shares of United Airlines stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total value of $18,807,844.05. Following the transaction, the chief executive officer directly owned 797,851 shares of the company’s stock, valued at $94,186,310.55. The trade was a 16.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Brett J. Hart sold 30,108 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $120.72, for a total value of $3,634,637.76. Following the completion of the sale, the president owned 371,583 shares in the company, valued at $44,857,499.76. The trade was 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 have sold 271,010 shares of company stock valued at $32,317,909 over the last three months. 0.86% of the stock is owned by insiders.

United Airlines Stock Performance

NASDAQ UAL opened at $110.60 on Friday. The company has a market capitalization of $35.90 billion, a price-to-earnings ratio of 10.35, a PEG ratio of 0.89 and a beta of 1.28. United Airlines Holdings Inc has a twelve month low of $84.64 and a twelve month high of $138.77. The stock has a fifty day simple moving average of $123.55 and a 200 day simple moving average of $108.68. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45.

United Airlines (NASDAQ:UAL) last announced its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.11. The business had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.United Airlines’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period last year, the company earned $3.87 EPS. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Sell-side analysts expect that United Airlines Holdings Inc will post 9.91 EPS for the current year.

United Airlines News Summary

Here are the key news stories impacting United Airlines this week:

• Positive Sentiment: A321XLR aircraft support international expansion. United expects to receive enough Airbus A321XLR aircraft to operate five new European routes in summer 2027, including service to Luxembourg, Ibiza and Toulouse. The aircraft should allow United to profitably serve long-haul markets with smaller-capacity planes, supporting its broader plan to add 10 European cities and strengthen its international network. United Airlines A321XLR Expansion Strengthens the International Growth Story
• Positive Sentiment: Wells Fargo reaffirmed its Buy rating. The continued bullish stance from a major analyst provides support for the stock’s long-term outlook and indicates confidence in United’s earnings and growth prospects. Wells Fargo Reaffirms Buy Rating
• Positive Sentiment: Higher airfares could improve revenue and margins. Industry airfares have risen sharply, and airline executives believe prices may have room to increase further. If demand remains resilient, United could benefit from stronger pricing and improved earnings power. Airfares Are Up 25.5 Percent
• Neutral Sentiment: Executive selling was relatively modest. EVP Andrew Nocella sold 5,000 shares for approximately $585,000, reducing his holdings by 2.27%. The sale may weigh slightly on sentiment, although he retained more than 214,000 shares. Andrew Nocella Sells United Airlines Shares
• Negative Sentiment: UAL recently underperformed the broader market. Reports noted that the stock declined even as the overall market advanced, suggesting investors may be taking profits, rotating away from airline shares or awaiting clearer evidence that fare increases and international expansion will translate into sustained earnings growth. United Airlines Stock Sinks as Market Gains

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. upped their target price on United Airlines from $156.00 to $203.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. TD Cowen cut their price target on United Airlines from $205.00 to $192.00 and set a “buy” rating on the stock in a research note on Monday, August 24th. Bank of America lifted their price target on United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Wells Fargo & Company upped their price objective on United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Finally, The Goldman Sachs Group raised their price objective on shares of United Airlines from $131.00 to $162.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Sixteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $157.74.

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.