OMERS ADMINISTRATION Corp Makes New Investment in United Airlines Holdings Inc $UAL

OMERS ADMINISTRATION Corp purchased a new stake in United Airlines Holdings Inc (NASDAQ:UAL) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 10,997 shares of the transportation company’s stock, valued at approximately $1,495,000.

Several other institutional investors also recently made changes to their positions in the stock. Norges Bank acquired a new stake in shares of United Airlines during the 4th quarter worth $234,244,000. Deutsche Bank AG purchased a new position in shares of United Airlines in the 2nd quarter worth $178,571,000. Bank of New York Mellon Corp acquired a new position in United Airlines in the second quarter valued at $178,508,000. Holocene Advisors LP purchased a new stake in United Airlines during the second quarter valued at about $84,753,000. Finally, AQR Capital Management LLC grew its position in United Airlines by 56.8% during the fourth quarter. AQR Capital Management LLC now owns 2,928,657 shares of the transportation company’s stock valued at $325,549,000 after acquiring an additional 1,060,371 shares during the period. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Stock Performance

Shares of NASDAQ:UAL opened at $114.83 on Thursday. The company has a market cap of $37.27 billion, a P/E ratio of 10.74, a PEG ratio of 0.93 and a beta of 1.28. 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 Holdings Inc has a one year low of $84.64 and a one year high of $138.77. The business’s 50-day simple moving average is $123.83 and its 200 day simple moving average is $108.69.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The firm had revenue of $17.67 billion during the quarter, compared to analysts’ expectations of $17.62 billion. During the same quarter in the prior year, the business earned $3.87 EPS. United Airlines’s quarterly revenue was up 16.4% compared to the same quarter last year. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, sell-side analysts forecast that United Airlines Holdings Inc will post 10.12 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO J Scott Kirby sold 159,321 shares of United Airlines stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the sale, the chief executive officer owned 797,851 shares of the company’s stock, valued at $94,186,310.55. The trade was a 16.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of the business’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $119.91, for a total transaction of $2,398,200.00. Following the completion of the transaction, the executive vice president owned 114,800 shares in the company, valued at $13,765,668. This represents a 14.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 266,010 shares of company stock valued at $31,732,909. 0.86% of the stock is currently owned by company insiders.

Key Headlines Impacting United Airlines

Here are the key news stories impacting United Airlines this week:

• Positive Sentiment: United announced the largest international expansion in its history, adding 10 destinations and three routes across Europe and Asia to its 2027 schedule. The expansion targets strong premium and leisure demand, including routes to smaller markets such as Marseille, Sardinia, Luxembourg and Ibiza, as well as Okinawa, Japan. United Airlines 2027 international routes
• Positive Sentiment: The carrier expects sufficient Airbus A321XLR deliveries to support the expansion. The aircraft’s long range and smaller capacity should allow United to serve thinner international markets while limiting the cost and risk of deploying larger aircraft. United A321XLR deliveries
• Positive Sentiment: Management cited resilient overseas travel demand and confidence in the U.S. economy. A successful rollout could strengthen United’s premium international revenue engine and improve its competitive position against Delta Air Lines and American Airlines. United expands competition for travelers
• Neutral Sentiment: Short-interest data showed no meaningful reported short position, but the figures appear inconsistent and provide little useful signal for UAL investors.
• Negative Sentiment: TD Cowen lowered its expectations for United’s stock price, potentially encouraging investors to lock in gains following the expansion-related rally. TD Cowen lowers United expectations
• Negative Sentiment: The 2027 growth plan will require additional aircraft, staffing and marketing spending, while higher oil prices could pressure margins. Investors may also be concerned that adding capacity could intensify competition or fail to generate sufficient yields.

Wall Street Analyst Weigh In

A number of research firms have recently commented on UAL. Barclays raised their price objective on United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Wells Fargo & Company boosted their target price on United Airlines from $130.00 to $165.00 and gave the stock an “overweight” rating in a report on Tuesday, June 30th. JPMorgan Chase & Co. increased their target price on shares of United Airlines from $156.00 to $203.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Morgan Stanley raised their price target on shares of United Airlines from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $155.00 price target on shares of United Airlines in a research report on Sunday, July 19th. Sixteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $157.74.

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.