Texas Permanent School Fund Corp Decreases Stock Holdings in United Airlines Holdings Inc $UAL

Texas Permanent School Fund Corp lessened its stake in United Airlines Holdings Inc (NASDAQ:UALFree Report) by 36.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,002 shares of the transportation company’s stock after selling 13,227 shares during the quarter. Texas Permanent School Fund Corp’s holdings in United Airlines were worth $1,832,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in UAL. WPG Advisers LLC acquired a new stake in shares of United Airlines in the first quarter valued at about $32,000. Banque Transatlantique SA purchased a new position in United Airlines in the 1st quarter valued at about $35,000. Strategic Investment Solutions Inc. IL boosted its holdings in 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 buying an additional 177 shares during the last quarter. Hantz Financial Services Inc. increased its stake in United Airlines by 15,100.0% during 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 in the last quarter. Finally, Evermay Wealth Management LLC raised its holdings in shares of United Airlines by 454.5% during the second quarter. Evermay Wealth Management LLC now owns 610 shares of the transportation company’s stock valued at $49,000 after acquiring an additional 500 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at United Airlines

In other news, CEO J Scott Kirby sold 120,000 shares of the company’s stock in a transaction 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 transaction, the chief executive officer owned 666,535 shares of the company’s stock, valued at $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 is available at this hyperlink. 0.63% of the stock is currently owned by company insiders.

United Airlines Stock Performance

NASDAQ:UAL opened at $116.02 on Tuesday. The company’s 50-day moving average is $100.39 and its two-hundred day moving average is $95.49. United Airlines Holdings Inc has a 1-year low of $52.00 and a 1-year high of $116.32. 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 has a market capitalization of $37.56 billion, a price-to-earnings ratio of 11.63, a PEG ratio of 1.02 and a beta of 1.30.

United Airlines (NASDAQ:UALGet Free Report) last released its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 EPS for the quarter, beating 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 firm had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.31 billion. During the same quarter in the previous year, the company earned $3.33 EPS. The business’s revenue for the quarter 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. Analysts forecast that United Airlines Holdings Inc will post 12.96 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their price target on United Airlines from $149.00 to $156.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Loop Capital set a $110.00 target price on shares of United Airlines in a research note on Tuesday, October 21st. Wall Street Zen cut shares of United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Citigroup initiated 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 on the stock. Finally, Evercore ISI upped their price objective on shares of United Airlines from $105.00 to $135.00 and gave the company an “outperform” rating in a research note on Monday, September 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $128.27.

Check Out Our Latest Report on United Airlines

United Airlines Profile

(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.

Further Reading

Institutional Ownership by Quarter for United Airlines (NASDAQ:UAL)

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