Concentric Capital Strategies LP Buys New Position in United Airlines Holdings Inc $UAL

Concentric Capital Strategies LP bought a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 32,385 shares of the transportation company’s stock, valued at approximately $3,621,000.

Several other institutional investors have also added to or reduced their stakes in UAL. CWM LLC increased its position in United Airlines by 61.0% in the fourth quarter. CWM LLC now owns 84,286 shares of the transportation company’s stock worth $9,425,000 after buying an additional 31,921 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of United Airlines by 6.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 909,263 shares of the transportation company’s stock valued at $87,804,000 after acquiring an additional 53,541 shares during the period. Holocene Advisors LP increased its holdings in United Airlines by 40.1% in the 3rd quarter. Holocene Advisors LP now owns 1,491,352 shares of the transportation company’s stock worth $143,915,000 after acquiring an additional 427,012 shares in the last quarter. Elo Mutual Pension Insurance Co bought a new stake in United Airlines during the 3rd quarter worth approximately $1,321,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in United Airlines by 3.8% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 418,718 shares of the transportation company’s stock valued at $40,406,000 after purchasing an additional 15,364 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on UAL shares. Rothschild & Co Redburn decreased 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 report on Thursday, March 5th. Zacks Research upgraded United Airlines from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 11th. TD Cowen raised United Airlines from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 18th. Wall Street Zen upgraded United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, Wells Fargo & Company dropped 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. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $134.59.

Insider Activity at United Airlines

In related news, EVP Andrew P. Nocella sold 7,000 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $90.19, for a total value of $631,330.00. Following the completion of the sale, the executive vice president directly owned 215,345 shares in the company, valued at $19,421,965.55. This trade represents a 3.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO J Scott Kirby sold 1,078 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $120.74, for a total transaction of $130,157.72. Following the completion of the sale, the chief executive officer owned 797,851 shares of the company’s stock, valued at $96,332,529.74. This trade represents a 0.13% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 96,381 shares of company stock worth $10,837,575. Company insiders own 0.86% of the company’s stock.

United Airlines Stock Performance

NASDAQ UAL opened at $115.83 on Thursday. The business has a 50 day simple moving average of $100.61 and a two-hundred day simple moving average of $103.88. United Airlines Holdings Inc has a 1-year low of $71.55 and a 1-year high of $124.79. The stock has a market capitalization of $37.59 billion, a PE ratio of 10.34, a P/E/G ratio of 0.98 and a beta of 1.27. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.70 and a quick ratio of 0.64.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Tuesday, April 21st. The transportation company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.08 by $0.11. The business had revenue of $14.61 billion during 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%. United Airlines’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the business earned $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. On average, research analysts predict that United Airlines Holdings Inc will post 9.63 EPS for the current fiscal 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.