New York State Teachers Retirement System Trims Position in United Airlines Holdings Inc $UAL

New York State Teachers Retirement System lowered its stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 1.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 317,120 shares of the transportation company’s stock after selling 5,863 shares during the period. New York State Teachers Retirement System’s holdings in United Airlines were worth $30,602,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Forum Financial Management LP lifted its position in United Airlines by 3.3% during the 3rd quarter. Forum Financial Management LP now owns 6,751 shares of the transportation company’s stock worth $651,000 after acquiring an additional 213 shares during the period. Hemington Wealth Management raised its stake in shares of United Airlines by 36.9% during the third quarter. Hemington Wealth Management now owns 557 shares of the transportation company’s stock worth $53,000 after purchasing an additional 150 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of United Airlines by 3.2% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,244 shares of the transportation company’s stock worth $1,664,000 after purchasing an additional 531 shares during the period. Oregon Public Employees Retirement Fund grew its position in United Airlines by 31.3% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 37,053 shares of the transportation company’s stock valued at $3,576,000 after buying an additional 8,834 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in United Airlines by 1.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 23,920 shares of the transportation company’s stock valued at $2,308,000 after buying an additional 243 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analysts Set New Price Targets

UAL has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of United Airlines from $149.00 to $156.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Citigroup increased their price target on shares of United Airlines from $132.00 to $153.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th. Cowen reaffirmed a “buy” rating on shares of United Airlines in a report on Wednesday, January 7th. Susquehanna boosted their target price on United Airlines from $117.00 to $150.00 and gave the stock a “positive” rating in a research report on Friday. Finally, UBS Group raised their price target on United Airlines from $142.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $135.33.

Insiders Place Their Bets

In other United Airlines news, CEO J Scott Kirby sold 120,000 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $107.86, for a total value of $12,943,200.00. Following the sale, the chief executive officer owned 666,535 shares of the company’s stock, valued at approximately $71,892,465.10. This represents a 15.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.63% of the company’s stock.

United Airlines Trading Down 1.7%

Shares of United Airlines stock opened at $115.29 on Tuesday. United Airlines Holdings Inc has a 12-month low of $52.00 and a 12-month high of $119.21. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 1.45. The stock has a market cap of $37.32 billion, a PE ratio of 11.55, a price-to-earnings-growth ratio of 0.82 and a beta of 1.31. The company has a 50-day moving average of $105.25 and a two-hundred day moving average of $99.34.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, topping the consensus estimate of $2.65 by $0.13. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.The business had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.31 billion. During the same quarter in the previous year, the company earned $3.33 EPS. The company’s quarterly revenue was up 2.6% on a year-over-year basis. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. On average, research analysts anticipate that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

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.