United Airlines Holdings Inc $UAL Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA decreased its stake in United Airlines Holdings Inc (NASDAQ:UAL) by 13.6% in the 2nd quarter, Holdings Channel reports. The firm owned 18,834,710 shares of the transportation company’s stock after selling 2,964,935 shares during the quarter. United Airlines accounts for approximately 1.2% of Primecap Management Co. CA’s portfolio, making the stock its 26th biggest position. Primecap Management Co. CA owned about 0.06% of United Airlines worth $1,499,808,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UAL. Rosenberg Matthew Hamilton increased its holdings in United Airlines by 14.2% in the second quarter. Rosenberg Matthew Hamilton now owns 935 shares of the transportation company’s stock valued at $74,000 after buying an additional 116 shares in the last quarter. Pinnacle Associates Ltd. grew its holdings in shares of United Airlines by 1.1% in the 2nd quarter. Pinnacle Associates Ltd. now owns 10,286 shares of the transportation company’s stock worth $819,000 after acquiring an additional 116 shares during the period. Parkside Financial Bank & Trust increased its stake in United Airlines by 8.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,759 shares of the transportation company’s stock valued at $140,000 after purchasing an additional 143 shares in the last quarter. Wedbush Securities Inc. raised its holdings in United Airlines by 3.3% during the first quarter. Wedbush Securities Inc. now owns 4,651 shares of the transportation company’s stock worth $321,000 after purchasing an additional 147 shares during the last quarter. Finally, Foster Group Inc. boosted its position in United Airlines by 2.8% during the second quarter. Foster Group Inc. now owns 5,392 shares of the transportation company’s stock worth $429,000 after purchasing an additional 148 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

United Airlines Trading Up 2.2%

Shares of UAL stock opened at $91.92 on Wednesday. The firm’s 50-day simple moving average is $98.80 and its 200-day simple moving average is $91.00. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.67 and a quick ratio of 0.61. United Airlines Holdings Inc has a 1-year low of $52.00 and a 1-year high of $116.00. The firm has a market cap of $29.76 billion, a P/E ratio of 9.21, a PEG ratio of 0.89 and a beta of 1.45.

United Airlines (NASDAQ:UAL) last issued its earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $15.31 billion. During the same quarter in the previous year, the business earned $3.33 EPS. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. As a group, equities analysts forecast that United Airlines Holdings Inc will post 12.96 EPS for the current year.

Wall Street Analysts Forecast Growth

UAL has been the subject of a number of recent research reports. TD Cowen raised their price objective on shares of United Airlines from $127.00 to $138.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. Cowen reiterated a “buy” rating on shares of United Airlines in a research report on Monday, October 20th. Jefferies Financial Group upped their target price on shares of United Airlines from $115.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. Morgan Stanley reaffirmed an “overweight” rating and set a $140.00 price target on shares of United Airlines in a research note on Friday, October 17th. Finally, Evercore ISI upped their price objective on shares of United Airlines from $105.00 to $135.00 and gave the company an “outperform” rating in a research note on Monday, September 29th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $125.38.

United Airlines Profile

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.