Retirement Systems of Alabama Has $5.58 Million Stock Holdings in United Airlines Holdings Inc $UAL

Retirement Systems of Alabama decreased its holdings in shares of United Airlines Holdings Inc (NASDAQ:UALFree Report) by 0.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 70,083 shares of the transportation company’s stock after selling 589 shares during the period. Retirement Systems of Alabama’s holdings in United Airlines were worth $5,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Hemington Wealth Management lifted its holdings in United Airlines by 50.6% during the 1st quarter. Hemington Wealth Management now owns 476 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 160 shares during the last quarter. WPG Advisers LLC acquired a new stake in United Airlines during the 1st quarter valued at $32,000. Eastern Bank acquired a new stake in United Airlines during the 1st quarter valued at $35,000. Banque Transatlantique SA acquired a new stake in United Airlines during the 1st quarter valued at $35,000. Finally, Strategic Investment Solutions Inc. IL lifted its holdings in shares of United Airlines by 44.0% during the second quarter. Strategic Investment Solutions Inc. IL now owns 579 shares of the transportation company’s stock worth $46,000 after buying an additional 177 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Insider Transactions at United Airlines

In other United Airlines news, EVP Kate Gebo sold 29,953 shares of United Airlines stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $97.59, for a total value of $2,923,113.27. Following the transaction, the executive vice president owned 45,496 shares in the company, valued at $4,439,954.64. The trade was a 39.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Barney Harford sold 15,823 shares of United Airlines stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $90.03, for a total value of $1,424,544.69. Following the completion of the transaction, the director owned 89,000 shares in the company, valued at approximately $8,012,670. This represents a 15.09% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 61,119 shares of company stock worth $5,847,907. Company insiders own 0.71% of the company’s stock.

United Airlines Stock Up 2.2%

UAL stock opened at $96.11 on Tuesday. The company has a market cap of $31.11 billion, a PE ratio of 9.63, a price-to-earnings-growth ratio of 0.89 and a beta of 1.45. The business has a 50-day simple moving average of $101.09 and a 200 day simple moving average of $88.95. United Airlines Holdings Inc has a 52 week low of $52.00 and a 52 week high of $116.00. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 1.45.

United Airlines (NASDAQ:UALGet Free Report) last posted its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $2.65 by $0.13. The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.31 billion. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.United Airlines’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Sell-side analysts anticipate that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on UAL shares. Morgan Stanley reissued an “overweight” rating and set a $140.00 target price on shares of United Airlines in a report on Friday, October 17th. Susquehanna lifted their target price on United Airlines from $109.00 to $115.00 and gave the stock a “positive” rating in a report on Friday, October 3rd. Wall Street Zen raised United Airlines from a “hold” rating to a “buy” rating in a report on Saturday, October 18th. TD Cowen lifted their target price on United Airlines from $127.00 to $138.00 and gave the stock a “buy” rating in a report on Monday, October 20th. Finally, JPMorgan Chase & Co. lifted their target price on United Airlines from $149.00 to $156.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $124.93.

Get Our Latest Research Report on United Airlines

United Airlines Profile

(Free Report)

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.

Further Reading

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

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