United Airlines Holdings Inc $UAL Stake Boosted by AlphaQuest LLC

AlphaQuest LLC grew its stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 156.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,642 shares of the transportation company’s stock after purchasing an additional 1,613 shares during the quarter. AlphaQuest LLC’s holdings in United Airlines were worth $210,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of United Airlines by 0.8% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 197,890 shares of the transportation company’s stock valued at $15,758,000 after purchasing an additional 1,620 shares during the last quarter. First Citizens Bank & Trust Co. grew its holdings in shares of United Airlines by 28.2% during the second quarter. First Citizens Bank & Trust Co. now owns 90,471 shares of the transportation company’s stock valued at $7,204,000 after purchasing an additional 19,925 shares during the last quarter. Bleakley Financial Group LLC bought a new position in shares of United Airlines during the second quarter valued at approximately $812,000. Forum Financial Management LP grew its holdings in shares of United Airlines by 6.6% during the second quarter. Forum Financial Management LP now owns 6,538 shares of the transportation company’s stock valued at $521,000 after purchasing an additional 404 shares during the last quarter. Finally, Ethic Inc. grew its holdings in shares of United Airlines by 14.3% during the second quarter. Ethic Inc. now owns 4,639 shares of the transportation company’s stock valued at $367,000 after purchasing an additional 582 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

Insider Buying and Selling

In other United Airlines news, Director Barney Harford sold 9,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $97.76, for a total value of $879,840.00. Following the completion of the sale, the director directly owned 80,000 shares in the company, valued at $7,820,800. This represents a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kate Gebo sold 6,343 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $97.81, for a total value of $620,408.83. Following the completion of the sale, the executive vice president owned 69,106 shares of the company’s stock, valued at $6,759,257.86. This trade represents a 8.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 61,119 shares of company stock valued at $5,847,907 over the last 90 days. 0.71% of the stock is currently owned by insiders.

Analysts Set New Price Targets

UAL has been the subject of several analyst reports. Barclays boosted their price objective on United Airlines from $115.00 to $135.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Loop Capital set a $110.00 price objective on United Airlines in a research report on Tuesday, October 21st. UBS Group reduced their price objective on United Airlines from $131.00 to $128.00 and set a “buy” rating for the company in a research report on Friday, October 17th. Wall Street Zen upgraded United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, October 18th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $140.00 price objective on shares of United Airlines in a research report on Friday, October 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $124.93.

United Airlines Stock Performance

UAL opened at $94.04 on Monday. The company has a market capitalization of $30.44 billion, a price-to-earnings ratio of 9.42, a price-to-earnings-growth ratio of 0.89 and a beta of 1.45. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.67 and a quick ratio of 0.61. United Airlines Holdings Inc has a 1-year low of $52.00 and a 1-year high of $116.00. The business has a 50 day moving average price of $101.21 and a two-hundred day moving average price of $88.74.

United Airlines (NASDAQ:UAL) last released its earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share for the quarter, topping analysts’ consensus estimates of $2.65 by $0.13. The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.31 billion. United Airlines had a return on equity of 26.94% and a net margin of 5.64%.The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.33 earnings per share. United Airlines has set its Q4 2025 guidance at 3.000-3.500 EPS. Research analysts predict that United Airlines Holdings Inc will post 12.96 EPS for the current fiscal year.

United Airlines Company Profile

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.