Allworth Financial LP Buys 3,823 Shares of United Airlines Holdings Inc $UAL

Allworth Financial LP boosted its position in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 54.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,839 shares of the transportation company’s stock after purchasing an additional 3,823 shares during the quarter. Allworth Financial LP’s holdings in United Airlines were worth $863,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in UAL. Rosenberg Matthew Hamilton lifted its position in shares of United Airlines by 14.2% during the 2nd 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 stake 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 during the period. Parkside Financial Bank & Trust raised its holdings in United Airlines by 8.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,759 shares of the transportation company’s stock worth $140,000 after purchasing an additional 143 shares during the last quarter. Wedbush Securities Inc. lifted its holdings in United Airlines by 3.3% in the first quarter. Wedbush Securities Inc. now owns 4,651 shares of the transportation company’s stock valued at $321,000 after buying an additional 147 shares during the period. Finally, Foster Group Inc. lifted its stake in shares of United Airlines by 2.8% in the 2nd quarter. Foster Group Inc. now owns 5,392 shares of the transportation company’s stock valued at $429,000 after purchasing an additional 148 shares during the period. 69.69% of the stock is currently owned by institutional investors.

United Airlines Trading Down 2.2%

NASDAQ UAL opened at $95.03 on Friday. The stock’s 50 day moving average is $99.43 and its 200 day moving average is $90.43. The firm has a market capitalization of $30.76 billion, a PE ratio of 9.52, a P/E/G ratio of 0.89 and a beta of 1.45. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a twelve month low of $52.00 and a twelve month high of $116.00.

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

Analyst Upgrades and Downgrades

UAL has been the subject of a number of recent research reports. Cowen restated a “buy” rating on shares of United Airlines in a research note on Monday, October 20th. Weiss Ratings cut United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. TD Cowen increased their target price on shares of United Airlines from $127.00 to $138.00 and gave the company a “buy” rating in a research report on Monday, October 20th. Jefferies Financial Group boosted their price objective on United Airlines from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. Finally, Evercore ISI increased their target price on United Airlines from $105.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $125.38.

About United Airlines

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.