275,462 Shares in United Airlines Holdings Inc $UAL Bought by Junto Capital Management LP

Junto Capital Management LP purchased a new stake in United Airlines Holdings Inc (NASDAQ:UAL) in the 2nd quarter, HoldingsChannel reports. The fund purchased 275,462 shares of the transportation company’s stock, valued at approximately $37,460,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of UAL. Dunhill Financial LLC acquired a new position in shares of United Airlines during the second quarter valued at about $25,000. Elevation Wealth Partners LLC increased its position in shares of United Airlines by 393.0% during the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock worth $29,000 after acquiring an additional 169 shares in the last quarter. Trust Co. of Vermont acquired a new stake in shares of United Airlines in the 2nd quarter worth about $29,000. Rakuten Securities Inc. acquired a new stake in shares of United Airlines in the 2nd quarter worth about $32,000. Finally, NBH Bank bought a new position in United Airlines in the 2nd quarter valued at about $35,000. Institutional investors own 69.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on UAL shares. Bank of America lifted their price target on United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Jefferies Financial Group reaffirmed a “buy” rating and set a $155.00 target price on shares of United Airlines in a research report on Sunday, July 19th. Citigroup upped their price target on United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. BMO Capital Markets increased their price target on United Airlines from $130.00 to $157.50 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of United Airlines in a research note on Friday, July 17th. Sixteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $157.74.

United Airlines Trading Down 1.0%

Shares of United Airlines stock opened at $107.12 on Thursday. The firm has a market cap of $34.77 billion, a PE ratio of 10.02, a P/E/G ratio of 0.87 and a beta of 1.27. United Airlines Holdings Inc has a 1 year low of $84.64 and a 1 year high of $138.77. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. The stock has a fifty day moving average price of $119.95 and a 200-day moving average price of $108.40.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The company had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. During the same quarter in the prior year, the business earned $3.87 earnings per share. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Equities research analysts anticipate that United Airlines Holdings Inc will post 9.91 EPS for the current year.

Insider Activity at United Airlines

In related news, EVP Torbjorn J. Enqvist sold 20,000 shares of United Airlines stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $119.91, for a total value of $2,398,200.00. Following the sale, the executive vice president owned 114,800 shares of the company’s stock, valued at approximately $13,765,668. The trade was a 14.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO J. Kirby sold 159,321 shares of the stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the transaction, the chief executive officer directly owned 797,851 shares of the company’s stock, valued at approximately $94,186,310.55. This trade represents a 16.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 271,010 shares of company stock valued at $32,317,909 over the last quarter. 0.86% of the stock is currently owned by insiders.

United Airlines Profile

United Airlines Holdings, Inc (NASDAQ: UAL) is the parent company of United Airlines, Inc, a major U.S. airline headquartered in Chicago, Illinois. United provides scheduled air transportation for passengers and cargo, serving destinations across the United States and connecting North America with international markets throughout Latin America, Europe, Asia, Africa and the Middle East.

The company operates a broad network through hubs including Chicago, Denver, Houston, Los Angeles, Newark, San Francisco and Washington, DC Its services include economy, premium-economy and business-class travel, as well as air cargo transportation.