Elevation Point Wealth Partners LLC Invests $587,000 in United Airlines Holdings Inc $UAL

Elevation Point Wealth Partners LLC acquired a new position in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,373 shares of the transportation company’s stock, valued at approximately $587,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sound Income Strategies LLC increased its position in shares of United Airlines by 4,350.0% during the first quarter. Sound Income Strategies LLC now owns 1,424 shares of the transportation company’s stock valued at $135,000 after acquiring an additional 1,392 shares during the last quarter. Keybank National Association OH boosted its position in United Airlines by 11.6% in the first quarter. Keybank National Association OH now owns 3,281 shares of the transportation company’s stock worth $302,000 after purchasing an additional 341 shares during the last quarter. Root Financial Partners LLC grew its stake in United Airlines by 65.5% in the 1st quarter. Root Financial Partners LLC now owns 3,046 shares of the transportation company’s stock valued at $280,000 after purchasing an additional 1,206 shares during the period. Fulton Bank N.A. increased its position in shares of United Airlines by 44.7% during the 1st quarter. Fulton Bank N.A. now owns 5,265 shares of the transportation company’s stock valued at $485,000 after purchasing an additional 1,626 shares during the last quarter. Finally, USS Investment Management Ltd increased its position in shares of United Airlines by 5.8% during the 1st quarter. USS Investment Management Ltd now owns 54,745 shares of the transportation company’s stock valued at $5,041,000 after purchasing an additional 2,984 shares during the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

Key United Airlines News

Here are the key news stories impacting United Airlines this week:

• Positive Sentiment: Susquehanna raised its price target on United Airlines to $172 from $135 and kept a positive rating, signaling confidence in upside from current levels. Benzinga coverage of Susquehanna target hike
• Positive Sentiment: Morgan Stanley said airline stocks, including United, are likely to hit or beat the high end of second-quarter guidance, suggesting better-than-feared near-term results. Airline Stocks Set to Hit or Beat High End of Q2 Guidance
• Neutral Sentiment: United Airlines is trading under peer performance, reflecting general weakness across the airline group rather than company-specific news. MarketWatch comparison article
• Neutral Sentiment: A Reuters report said United must face a lawsuit over “window seats” that allegedly lack windows, a legal issue that adds headline risk but is unlikely to affect near-term fundamentals by itself. Reuters lawsuit report
• Negative Sentiment: U.S. airlines spent $6.66 billion on jet fuel in May, up 84% from a year earlier, highlighting a major cost headwind for carriers like United as oil prices rise. NY Post fuel cost article
• Negative Sentiment: Broader market commentary noted airlines and other industrial stocks fell after Iran-related attacks lifted oil prices and revived inflation concerns, which can pressure UAL’s fuel costs and profitability. Yahoo Finance market move article

Analyst Upgrades and Downgrades

UAL has been the subject of several research analyst reports. BMO Capital Markets raised their price target on shares of United Airlines from $130.00 to $157.50 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Wells Fargo & Company upped their price objective on United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Barclays increased their price objective on United Airlines from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. UBS Group raised their target price on United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Finally, Citigroup boosted their target price on United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Sixteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, United Airlines currently has an average rating of “Moderate Buy” and an average price target of $151.62.

Insider Buying and Selling at United Airlines

In other United Airlines news, CEO J Scott Kirby sold 48,303 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $121.30, for a total value of $5,859,153.90. Following the completion of the transaction, the chief executive officer owned 798,929 shares in the company, valued at approximately $96,910,087.70. This represents a 5.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew P. Nocella sold 7,000 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $90.19, for a total transaction of $631,330.00. Following the completion of the transaction, the executive vice president owned 215,345 shares of the company’s stock, valued at approximately $19,421,965.55. The trade was a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 96,381 shares of company stock worth $10,837,575. 0.86% of the stock is currently owned by company insiders.

United Airlines Stock Performance

United Airlines stock opened at $128.31 on Wednesday. United Airlines Holdings Inc has a fifty-two week low of $79.86 and a fifty-two week high of $138.77. 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 stock has a market cap of $41.65 billion, a P/E ratio of 11.46, a price-to-earnings-growth ratio of 1.04 and a beta of 1.25. The firm’s fifty day moving average price is $110.14 and its 200-day moving average price is $106.15.

United Airlines (NASDAQ:UAL) last released its earnings results on Tuesday, April 21st. The transportation company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.11. United Airlines had a return on equity of 24.33% and a net margin of 6.06%.The company had revenue of $14.61 billion during the quarter, compared to the consensus estimate of $14.19 billion. During the same quarter in the previous year, the company posted $0.91 EPS. United Airlines’s quarterly revenue was up 10.5% compared to the same quarter last year. 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, equities research analysts expect that United Airlines Holdings Inc will post 10 earnings per share for the current fiscal year.

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.