ABC Arbitrage SA Acquires Shares of 68,240 United Airlines Holdings Inc $UAL

ABC Arbitrage SA bought a new position in United Airlines Holdings Inc (NASDAQ:UAL) in the 1st quarter, Holdings Channel reports. The firm bought 68,240 shares of the transportation company’s stock, valued at approximately $6,283,000. United Airlines comprises about 0.8% of ABC Arbitrage SA’s portfolio, making the stock its 22nd largest holding.

Other large investors have also recently made changes to their positions in the company. Legacy Wealth Managment LLC ID purchased a new stake in shares of United Airlines in the fourth quarter worth approximately $25,000. JPL Wealth Management LLC purchased a new stake in shares of United Airlines during the third quarter valued at $29,000. Cache Advisors LLC bought a new position in shares of United Airlines in the first quarter worth about $33,000. BOCHK Asset Management Ltd purchased a new position in shares of United Airlines during the fourth quarter worth approximately $34,000. Finally, Motiv8 Investments LLC bought a new position in United Airlines in the fourth quarter worth approximately $35,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at United Airlines

In other news, EVP Kate Gebo sold 34,669 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the completion of the transaction, the executive vice president directly owned 67,707 shares of the company’s stock, valued at $7,136,994.87. This represents a 33.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Andrew P. Nocella sold 7,000 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $90.19, for a total value of $631,330.00. Following the transaction, the executive vice president owned 215,345 shares in the company, valued at $19,421,965.55. This trade represents a 3.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 96,381 shares of company stock valued at $10,837,575 in the last three months. 0.86% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on UAL shares. Morgan Stanley upped their price objective on shares of United Airlines from $182.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. The Goldman Sachs Group boosted their target price on shares of United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Susquehanna increased their price target on shares of United Airlines from $135.00 to $172.00 and gave the company a “positive” rating in a research report on Tuesday, July 7th. Bank of America raised their price target on shares of United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Finally, UBS Group lifted their price objective on shares of United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Sixteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $151.62.

United Airlines Stock Down 3.8%

Shares of UAL opened at $121.16 on Tuesday. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 1.38. United Airlines Holdings Inc has a 52 week low of $82.42 and a 52 week high of $138.77. The stock’s 50-day moving average price is $112.97 and its 200-day moving average price is $106.48. The company has a market capitalization of $39.32 billion, a price-to-earnings ratio of 10.82, a PEG ratio of 0.93 and a beta of 1.25.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Tuesday, April 21st. The transportation company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.08 by $0.11. United Airlines had a net margin of 6.06% and a return on equity of 24.33%. The company had revenue of $14.61 billion for the quarter, compared to analyst estimates of $14.19 billion. During the same quarter last year, the business earned $0.91 earnings per share. The firm’s revenue was up 10.5% on a year-over-year basis. 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. On average, sell-side analysts predict that United Airlines Holdings Inc will post 10.5 EPS for the current year.

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.