Public Employees Retirement System of Ohio Sells 18,558 Shares of United Airlines Holdings Inc $UAL

Public Employees Retirement System of Ohio lessened its holdings in United Airlines Holdings Inc (NASDAQ:UAL) by 10.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 156,129 shares of the transportation company’s stock after selling 18,558 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in United Airlines were worth $14,375,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Root Financial Partners LLC boosted its position in shares of United Airlines by 5.3% in the 4th quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock worth $206,000 after purchasing an additional 93 shares in the last quarter. JFS Wealth Advisors LLC increased its position in United Airlines by 51.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the transportation company’s stock valued at $36,000 after buying an additional 108 shares in the last quarter. AXA S.A. raised its stake in United Airlines by 0.8% during the second quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock valued at $1,231,000 after buying an additional 121 shares during the last quarter. SJS Investment Consulting Inc. boosted its holdings in United Airlines by 17.0% in the first quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock worth $79,000 after acquiring an additional 125 shares in the last quarter. Finally, Fielder Capital Group LLC boosted its holdings in United Airlines by 5.4% in the fourth quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock worth $276,000 after acquiring an additional 127 shares in the last quarter. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at United Airlines

In other United Airlines news, EVP Kate Gebo sold 5,331 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $105.51, for a total value of $562,473.81. Following the transaction, the executive vice president owned 60,393 shares of the company’s stock, valued at approximately $6,372,065.43. This represents a 8.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 value of $130,157.72. Following the completion of the transaction, the chief executive officer directly owned 797,851 shares in the company, valued at $96,332,529.74. The trade was a 0.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 96,381 shares of company stock worth $10,837,575. 0.86% of the stock is owned by insiders.

United Airlines Price Performance

Shares of United Airlines stock opened at $118.27 on Monday. United Airlines Holdings Inc has a twelve month low of $82.42 and a twelve month high of $138.77. 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 company’s 50 day moving average is $116.80 and its 200 day moving average is $106.78. The company has a market cap of $38.39 billion, a price-to-earnings ratio of 11.06, a price-to-earnings-growth ratio of 0.87 and a beta of 1.25.

United Airlines (NASDAQ:UAL) last posted its earnings results on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.88 by $0.11. The business had revenue of $17.67 billion during 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 firm’s revenue was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.87 EPS. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Research analysts anticipate that United Airlines Holdings Inc will post 10.48 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on UAL. Sanford C. Bernstein raised their price target on United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Jefferies Financial Group reaffirmed a “buy” rating and issued a $155.00 target price on shares of United Airlines in a report on Sunday, July 19th. JPMorgan Chase & Co. increased their price target on shares of United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Morgan Stanley upped their price objective on United Airlines from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Finally, Wells Fargo & Company increased their target price on United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Sixteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $156.79.

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.