OLD National Bancorp IN Reduces Stock Position in United Airlines Holdings Inc $UAL

by · The Cerbat Gem

OLD National Bancorp IN lessened its position in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 74.3% during the third quarter, Holdings Channel.com reports. The fund owned 26,841 shares of the transportation company’s stock after selling 77,771 shares during the period. OLD National Bancorp IN’s holdings in United Airlines were worth $2,590,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. WPG Advisers LLC purchased a new stake in shares of United Airlines during the first quarter worth about $32,000. Banque Transatlantique SA purchased a new position in United Airlines during the 1st quarter valued at about $35,000. Strategic Investment Solutions Inc. IL raised its position in United Airlines by 44.0% during the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 579 shares of the transportation company’s stock valued at $46,000 after purchasing an additional 177 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in United Airlines by 15,100.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 608 shares of the transportation company’s stock worth $48,000 after buying an additional 604 shares during the period. Finally, Evermay Wealth Management LLC grew its position in shares of United Airlines by 454.5% in the 2nd quarter. Evermay Wealth Management LLC now owns 610 shares of the transportation company’s stock worth $49,000 after buying an additional 500 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

Insider Activity at United Airlines

In related news, CEO J Scott Kirby sold 120,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $107.86, for a total value of $12,943,200.00. Following the sale, the chief executive officer owned 666,535 shares in the company, valued at $71,892,465.10. This represents a 15.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.63% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on UAL shares. Evercore ISI upped their target price on United Airlines from $105.00 to $135.00 and gave the company an “outperform” rating in a report on Monday, September 29th. Wall Street Zen lowered shares of United Airlines from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. UBS Group assumed coverage on shares of United Airlines in a research report on Friday, December 12th. They issued a “buy” rating and a $142.00 target price for the company. Susquehanna boosted their price target on shares of United Airlines from $109.00 to $115.00 and gave the company a “positive” rating in a research report on Friday, October 3rd. Finally, Citigroup started coverage on shares of United Airlines in a research note on Thursday, December 4th. They issued a “buy” rating and a $132.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $128.27.

Read Our Latest Research Report on UAL

United Airlines Stock Down 2.1%

NASDAQ:UAL opened at $113.53 on Wednesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.67 and a quick ratio of 0.61. The firm’s 50-day moving average price is $100.60 and its 200-day moving average price is $95.69. The company has a market capitalization of $36.75 billion, a PE ratio of 11.38, a P/E/G ratio of 1.04 and a beta of 1.30. United Airlines Holdings Inc has a 1-year low of $52.00 and a 1-year high of $116.32.

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

About United Airlines

(Free Report)

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.

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