State of Wyoming Buys 7,792 Shares of United Airlines Holdings Inc $UAL

by · The Markets Daily

State of Wyoming boosted its stake in shares of United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 199.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,703 shares of the transportation company’s stock after buying an additional 7,792 shares during the quarter. State of Wyoming’s holdings in United Airlines were worth $932,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton raised its stake in shares of United Airlines by 14.2% during the second quarter. Rosenberg Matthew Hamilton now owns 935 shares of the transportation company’s stock valued at $74,000 after acquiring an additional 116 shares in the last quarter. Pinnacle Associates Ltd. increased its holdings in United Airlines by 1.1% during the 2nd quarter. Pinnacle Associates Ltd. now owns 10,286 shares of the transportation company’s stock worth $819,000 after purchasing an additional 116 shares during the period. AXA S.A. increased its holdings in United Airlines by 0.8% during the 2nd quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock worth $1,231,000 after purchasing an additional 121 shares during the period. Parkside Financial Bank & Trust raised its position in United Airlines by 8.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,759 shares of the transportation company’s stock valued at $140,000 after purchasing an additional 143 shares in the last quarter. Finally, Foster Group Inc. lifted its holdings in shares of United Airlines by 2.8% in the 2nd quarter. Foster Group Inc. now owns 5,392 shares of the transportation company’s stock worth $429,000 after buying an additional 148 shares during the period. 69.69% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. BMO Capital Markets upgraded United Airlines to a “strong-buy” rating in a research note on Tuesday, December 9th. Weiss Ratings downgraded shares of United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. JPMorgan Chase & Co. boosted their price target on United Airlines from $149.00 to $156.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Jefferies Financial Group raised their price objective on United Airlines from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, October 1st. Finally, Citigroup began coverage on shares of United Airlines in a report on Thursday, December 4th. They issued a “buy” rating and a $132.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $127.07.

Get Our Latest Stock Analysis on United Airlines

United Airlines Trading Down 1.4%

Shares of NASDAQ:UAL opened at $106.84 on Friday. The business’s 50-day moving average is $98.71 and its 200 day moving average is $94.02. 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 Holdings Inc has a 1 year low of $52.00 and a 1 year high of $116.00. The firm has a market capitalization of $34.59 billion, a P/E ratio of 10.71, a P/E/G ratio of 1.01 and a beta of 1.30.

United Airlines (NASDAQ:UAL – Get Free Report) last issued its quarterly 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 return on equity of 26.94% and a net margin of 5.64%.The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.31 billion. During the same quarter last year, the company earned $3.33 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. On average, research analysts predict that United Airlines Holdings Inc will post 12.96 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other United Airlines news, CEO J Scott Kirby sold 120,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $107.86, for a total transaction of $12,943,200.00. Following the transaction, the chief executive officer owned 666,535 shares in the company, valued at approximately $71,892,465.10. This represents a 15.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.71% of the company’s stock.

About United Airlines

(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

Want to see what other hedge funds are holding UAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Airlines Holdings Inc (NASDAQ:UAL – Free Report).