Envestnet Asset Management Inc. Decreases Holdings in United Airlines Holdings Inc $UAL

Envestnet Asset Management Inc. trimmed its position in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 3.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 205,323 shares of the transportation company’s stock after selling 6,887 shares during the quarter. Envestnet Asset Management Inc.’s holdings in United Airlines were worth $16,349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Hemington Wealth Management increased its position in United Airlines by 50.6% during the first quarter. Hemington Wealth Management now owns 476 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 160 shares during the last quarter. WPG Advisers LLC bought a new stake in shares of United Airlines during the 1st quarter valued at about $32,000. Eastern Bank purchased a new stake in shares of United Airlines during the 1st quarter valued at about $35,000. Banque Transatlantique SA bought a new position in shares of United Airlines in the 1st quarter worth approximately $35,000. Finally, Strategic Investment Solutions Inc. IL lifted its stake in shares of United Airlines by 44.0% in the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 579 shares of the transportation company’s stock worth $46,000 after purchasing an additional 177 shares during the period. Institutional investors own 69.69% of the company’s stock.

United Airlines Stock Down 1.0%

Shares of UAL stock opened at $95.72 on Friday. The company has a market capitalization of $30.99 billion, a price-to-earnings ratio of 9.59, a PEG ratio of 0.89 and a beta of 1.45. United Airlines Holdings Inc has a one year low of $52.00 and a one year high of $116.00. The company’s fifty day moving average price is $100.48 and its 200-day moving average price is $89.22. 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 (NASDAQ:UAL) last issued its earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share for the quarter, topping the consensus estimate of $2.65 by $0.13. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The company had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.31 billion. During the same quarter in the prior year, the firm posted $3.33 EPS. United Airlines’s quarterly revenue was up 2.6% compared to the same quarter last year. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Sell-side analysts expect that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

Insider Activity

In related news, Director Barney Harford sold 9,000 shares of the stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $97.76, for a total transaction of $879,840.00. Following the completion of the sale, the director owned 80,000 shares in the company, valued at approximately $7,820,800. This trade represents a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kate Gebo sold 6,343 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $97.81, for a total value of $620,408.83. Following the completion of the transaction, the executive vice president directly owned 69,106 shares in the company, valued at approximately $6,759,257.86. This represents a 8.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 45,296 shares of company stock valued at $4,423,362 in the last quarter. 0.71% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Evercore ISI boosted their target price on shares of United Airlines from $105.00 to $135.00 and gave the company an “outperform” rating in a research report on Monday, September 29th. Morgan Stanley reiterated an “overweight” rating and set a $140.00 price target on shares of United Airlines in a research note on Friday, October 17th. UBS Group reduced their price objective on United Airlines from $131.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, October 17th. Barclays raised their target price on United Airlines from $115.00 to $135.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Finally, JPMorgan Chase & Co. boosted their price target on United Airlines from $149.00 to $156.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $124.93.

United Airlines Company 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.