Bank of New York Mellon Corp raised its holdings in United Airlines Holdings Inc (NASDAQ:UAL – Free Report) by 1.2% in the third quarter, Holdings Channel.com reports. The fund owned 1,416,537 shares of the transportation company’s stock after acquiring an additional 16,478 shares during the period. Bank of New York Mellon Corp’s holdings in United Airlines were worth $136,696,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Apella Capital LLC lifted its stake in United Airlines by 0.3% during the third quarter. Apella Capital LLC now owns 36,617 shares of the transportation company’s stock valued at $3,595,000 after purchasing an additional 108 shares during the last quarter. Rosenberg Matthew Hamilton grew its position in United Airlines by 14.2% in the second quarter. Rosenberg Matthew Hamilton now owns 935 shares of the transportation company’s stock worth $74,000 after buying an additional 116 shares during the last quarter. Pinnacle Associates Ltd. increased its holdings in shares of United Airlines by 1.1% in the second quarter. Pinnacle Associates Ltd. now owns 10,286 shares of the transportation company’s stock valued at $819,000 after buying an additional 116 shares in the last quarter. AXA S.A. lifted its position in shares of United Airlines by 0.8% during the 2nd quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock valued at $1,231,000 after acquiring an additional 121 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC boosted its stake in shares of United Airlines by 1.8% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 7,951 shares of the transportation company’s stock worth $767,000 after acquiring an additional 139 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.
Insider Buying and Selling at United Airlines
In related news, CEO J Scott Kirby sold 120,000 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $107.86, for a total transaction of $12,943,200.00. Following the completion of the sale, the chief executive officer directly owned 666,535 shares in the company, valued at approximately $71,892,465.10. This trade represents a 15.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.71% of the company’s stock.
United Airlines Price Performance
United Airlines (NASDAQ:UAL – Get Free Report) last announced its quarterly earnings data on Tuesday, January 20th. The transportation company reported $3.10 EPS for the quarter, beating analysts’ consensus estimates of $2.97 by $0.13. The firm had revenue of $15.40 billion for the quarter, compared to the consensus estimate of $15.35 billion. United Airlines had a net margin of 5.68% and a return on equity of 25.13%. The firm’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.26 earnings per share. United Airlines has set its Q1 2026 guidance at 1.000-1.500 EPS and its FY 2026 guidance at 12.000-14.000 EPS. Equities research analysts expect that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
UAL has been the topic of a number of recent analyst reports. Wall Street Zen lowered United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Bank of America boosted their price objective on United Airlines from $120.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. TD Cowen raised their target price on shares of United Airlines from $138.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of United Airlines in a report on Wednesday, January 21st. Finally, UBS Group upped their price target on shares of United Airlines from $145.00 to $147.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Fifteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $135.97.
Check Out Our Latest Analysis on UAL
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.
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