Bank of New York Mellon Corp Reduces Holdings in United Airlines Holdings Inc $UAL

Bank of New York Mellon Corp reduced its stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 3.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,371,269 shares of the transportation company’s stock after selling 45,268 shares during the quarter. Bank of New York Mellon Corp’s holdings in United Airlines were worth $153,335,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. CWM LLC boosted its stake in shares of United Airlines by 61.0% during the fourth quarter. CWM LLC now owns 84,286 shares of the transportation company’s stock valued at $9,425,000 after purchasing an additional 31,921 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of United Airlines by 6.3% during the third quarter. Russell Investments Group Ltd. now owns 909,263 shares of the transportation company’s stock valued at $87,804,000 after purchasing an additional 53,541 shares during the period. GSA Capital Partners LLP raised its holdings in shares of United Airlines by 830.7% in the third quarter. GSA Capital Partners LLP now owns 36,679 shares of the transportation company’s stock valued at $3,540,000 after acquiring an additional 32,738 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in shares of United Airlines by 9.2% in the third quarter. Wealthfront Advisers LLC now owns 107,796 shares of the transportation company’s stock valued at $10,402,000 after acquiring an additional 9,039 shares in the last quarter. Finally, Holocene Advisors LP raised its holdings in shares of United Airlines by 40.1% in the third quarter. Holocene Advisors LP now owns 1,491,352 shares of the transportation company’s stock valued at $143,915,000 after acquiring an additional 427,012 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at United Airlines

In other United Airlines news, EVP Kate Gebo sold 34,669 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total value of $3,654,459.29. Following the completion of the transaction, the executive vice president directly owned 67,707 shares in the company, valued at approximately $7,136,994.87. The trade was a 33.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Andrew P. Nocella sold 7,000 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $90.19, for a total transaction of $631,330.00. Following the transaction, the executive vice president owned 215,345 shares in the company, valued at approximately $19,421,965.55. This trade represents a 3.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 47,000 shares of company stock valued at $4,848,263 over the last quarter. 0.86% of the stock is currently owned by corporate insiders.

United Airlines Stock Performance

Shares of United Airlines stock opened at $105.73 on Friday. The company has a market capitalization of $34.32 billion, a PE ratio of 9.44, a P/E/G ratio of 0.88 and a beta of 1.27. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.64 and a current ratio of 0.70. The company has a 50-day simple moving average of $97.18 and a two-hundred day simple moving average of $102.83. United Airlines Holdings Inc has a one year low of $71.55 and a one year high of $119.21.

United Airlines (NASDAQ:UAL) last announced its earnings results on Tuesday, April 21st. The transportation company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.11. The business had revenue of $14.61 billion during the quarter, compared to the consensus estimate of $14.19 billion. United Airlines had a net margin of 6.06% and a return on equity of 24.33%. The firm’s revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.91 earnings per share. United Airlines has set its FY 2026 guidance at 7.000-11.000 EPS and its Q2 2026 guidance at 1.000-2.000 EPS. Research analysts expect that United Airlines Holdings Inc will post 9.63 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on UAL. Wall Street Zen upgraded United Airlines from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Citigroup decreased their price objective on United Airlines from $155.00 to $132.00 and set a “buy” rating for the company in a report on Friday, March 20th. Zacks Research downgraded United Airlines from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 13th. Jefferies Financial Group decreased their price objective on United Airlines from $118.00 to $112.00 and set a “buy” rating for the company in a report on Monday, April 27th. Finally, Susquehanna set a $135.00 price objective on United Airlines in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, United Airlines has a consensus rating of “Moderate Buy” and a consensus target price of $134.59.

About United Airlines

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.