Northwestern Mutual Wealth Management Co. Makes New $4.06 Million Investment in United Airlines Holdings Inc $UAL

Northwestern Mutual Wealth Management Co. bought a new position in United Airlines Holdings Inc (NASDAQ:UALFree Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 29,840 shares of the transportation company’s stock, valued at approximately $4,058,000.

A number of other large investors have also recently modified their holdings of the stock. Bison Wealth LLC purchased a new stake in United Airlines in the fourth quarter worth about $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in United Airlines by 24.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company’s stock valued at $2,753,000 after acquiring an additional 7,713 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of United Airlines by 92.7% during the 1st quarter. Focus Partners Wealth now owns 12,349 shares of the transportation company’s stock worth $853,000 after acquiring an additional 5,939 shares during the period. First Trust Advisors LP grew its holdings in shares of United Airlines by 23.5% during the 2nd quarter. First Trust Advisors LP now owns 292,580 shares of the transportation company’s stock worth $23,298,000 after acquiring an additional 55,728 shares during the period. Finally, Cresset Asset Management LLC raised its position in shares of United Airlines by 73.5% in the 2nd quarter. Cresset Asset Management LLC now owns 9,410 shares of the transportation company’s stock worth $749,000 after acquiring an additional 3,987 shares in the last quarter. Institutional investors own 69.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on UAL shares. TD Cowen lifted their price target on United Airlines from $150.00 to $176.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Morgan Stanley increased their price objective on United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. JPMorgan Chase & Co. raised their price objective on United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Jefferies Financial Group restated a “buy” rating and set a $155.00 target price on shares of United Airlines in a report on Sunday, July 19th. Finally, Barclays upped their target price on shares of United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Sixteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, United Airlines has an average rating of “Moderate Buy” and an average price target of $156.79.

Read Our Latest Stock Analysis on UAL

Insider Transactions at United Airlines

In related news, EVP Andrew P. Nocella sold 3,000 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $132.30, for a total value of $396,900.00. Following the transaction, the executive vice president owned 219,955 shares in the company, valued at $29,100,046.50. The trade was a 1.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO J Scott Kirby sold 159,321 shares of the company’s stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the completion of the transaction, the chief executive officer owned 797,851 shares in the company, valued at approximately $94,186,310.55. The trade was a 16.64% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 306,010 shares of company stock valued at $35,949,843. 0.86% of the stock is currently owned by corporate insiders.

United Airlines Stock Performance

Shares of UAL opened at $113.17 on Monday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45. The business’s 50 day moving average price is $124.00 and its 200-day moving average price is $108.55. United Airlines Holdings Inc has a 52 week low of $84.64 and a 52 week high of $138.77. The stock has a market cap of $36.73 billion, a P/E ratio of 10.59, a P/E/G ratio of 0.87 and a beta of 1.28.

United Airlines (NASDAQ:UALGet Free Report) last posted its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 19.05% and a net margin of 5.56%.The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter last year, the company earned $3.87 EPS. 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 10.38 earnings per share for the current fiscal year.

About United Airlines

(Free Report)

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.

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Institutional Ownership by Quarter for United Airlines (NASDAQ:UAL)

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