Kendall Capital Management Acquires Shares of 5,530 United Airlines Holdings Inc $UAL

Kendall Capital Management bought a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,530 shares of the transportation company’s stock, valued at approximately $752,000.

A number of other large investors have also recently modified their holdings of UAL. State Street Corp raised its holdings in shares of United Airlines by 0.5% during the 4th quarter. State Street Corp now owns 11,510,200 shares of the transportation company’s stock worth $1,287,071,000 after buying an additional 52,962 shares in the last quarter. Geode Capital Management LLC boosted its stake in United Airlines by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 9,012,731 shares of the transportation company’s stock valued at $1,015,218,000 after buying an additional 68,565 shares in the last quarter. Capital World Investors grew its position in United Airlines by 0.3% in the fourth quarter. Capital World Investors now owns 7,265,530 shares of the transportation company’s stock valued at $812,428,000 after acquiring an additional 22,464 shares during the last quarter. Dimensional Fund Advisors LP grew its position in United Airlines by 3.5% in the first quarter. Dimensional Fund Advisors LP now owns 5,664,538 shares of the transportation company’s stock valued at $521,330,000 after acquiring an additional 190,017 shares during the last quarter. Finally, Par Capital Management Inc. raised its stake in United Airlines by 1.6% during the fourth quarter. Par Capital Management Inc. now owns 4,894,850 shares of the transportation company’s stock worth $547,342,000 after acquiring an additional 75,000 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on UAL shares. Sanford C. Bernstein raised their price target on shares of United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Citigroup upped their price objective on shares of United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. TD Cowen increased their price objective on shares of United Airlines from $150.00 to $176.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Jefferies Financial Group restated a “buy” rating and issued a $155.00 target price on shares of United Airlines in a research report on Sunday, July 19th. Finally, The Goldman Sachs Group boosted their target price on shares of United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Sixteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $156.79.

United Airlines Stock Performance

Shares of UAL stock opened at $113.17 on Friday. The firm has a market capitalization of $36.73 billion, a price-to-earnings ratio of 10.59, a PEG ratio of 0.87 and a beta of 1.28. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. The business’s 50-day moving average price is $124.00 and its 200-day moving average price is $108.55. United Airlines Holdings Inc has a 12 month low of $84.64 and a 12 month high of $138.77.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The company had revenue of $17.67 billion during the quarter, compared to the consensus estimate of $17.62 billion. During the same quarter in the prior year, the firm posted $3.87 earnings per share. The firm’s 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. Equities research analysts forecast that United Airlines Holdings Inc will post 10.38 EPS for the current year.

Insider Transactions at United Airlines

In other news, EVP Kate Gebo sold 34,669 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the completion of the transaction, the executive vice president owned 67,707 shares of the company’s stock, valued at approximately $7,136,994.87. This trade represents a 33.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO J Scott Kirby sold 159,321 shares of United Airlines stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the transaction, the chief executive officer owned 797,851 shares in the company, valued at approximately $94,186,310.55. This trade represents a 16.64% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 306,010 shares of company stock worth $35,949,843. 0.86% of the stock is currently owned by insiders.

United Airlines Company 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.