Independent Financial Group LLC Takes Position in United Airlines Holdings Inc $UAL

Independent Financial Group LLC purchased a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,890 shares of the transportation company’s stock, valued at approximately $450,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID bought a new position in shares of United Airlines during the 4th quarter worth approximately $25,000. JPL Wealth Management LLC bought a new position in shares of United Airlines in the third quarter valued at approximately $29,000. Cache Advisors LLC purchased a new stake in shares of United Airlines during the first quarter valued at approximately $33,000. BOCHK Asset Management Ltd purchased a new stake in shares of United Airlines during the fourth quarter valued at approximately $34,000. Finally, Motiv8 Investments LLC bought a new stake in United Airlines during the fourth quarter worth $35,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

United Airlines Trading Down 1.6%

Shares of UAL opened at $115.35 on Friday. United Airlines Holdings Inc has a fifty-two week low of $82.42 and a fifty-two week high of $138.77. The business has a 50-day moving average of $116.29 and a 200 day moving average of $106.76. The firm has a market cap of $37.44 billion, a P/E ratio of 10.79, a price-to-earnings-growth ratio of 0.87 and a beta of 1.25. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.88 by $0.11. The business had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The company’s revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.87 earnings per share. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, research analysts forecast that United Airlines Holdings Inc will post 10.46 EPS for the current year.

Insider Activity at United Airlines

In related news, EVP Kate Gebo sold 5,331 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $105.51, for a total value of $562,473.81. Following the completion of the transaction, the executive vice president directly owned 60,393 shares of the company’s stock, valued at approximately $6,372,065.43. This trade represents a 8.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Andrew P. Nocella sold 7,000 shares of United Airlines stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $90.19, for a total transaction of $631,330.00. Following the completion of the transaction, the executive vice president owned 215,345 shares of the company’s stock, valued at $19,421,965.55. This represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 96,381 shares of company stock worth $10,837,575. 0.86% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. UBS Group upped their price objective on United Airlines from $148.00 to $153.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Wall Street Zen upgraded shares of United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Wells Fargo & Company lifted their price objective on shares of United Airlines from $130.00 to $165.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. BMO Capital Markets boosted their target price on shares of United Airlines from $130.00 to $157.50 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Finally, Jefferies Financial Group reissued a “buy” rating and set a $155.00 target price on shares of United Airlines in a research report on Sunday. Sixteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, United Airlines currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.79.

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.