Sequoia Financial Advisors LLC Boosts Stake in United Airlines Holdings Inc $UAL

Sequoia Financial Advisors LLC grew its stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 26.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,613 shares of the transportation company’s stock after buying an additional 4,903 shares during the period. Sequoia Financial Advisors LLC’s holdings in United Airlines were worth $3,211,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Dunhill Financial LLC acquired a new stake in shares of United Airlines during the second quarter valued at $25,000. Western Wealth Management LLC acquired a new position in United Airlines in the 1st quarter valued at about $27,000. Elevation Wealth Partners LLC raised its stake in United Airlines by 393.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 169 shares during the last quarter. Trust Co. of Vermont purchased a new position in United Airlines in the 2nd quarter valued at about $29,000. Finally, JPL Wealth Management LLC purchased a new position in United Airlines in the 3rd quarter valued at about $29,000. 69.69% of the stock is owned by institutional investors and hedge funds.

Insider Activity at United Airlines

In other news, President Brett Hart sold 30,108 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $120.72, for a total transaction of $3,634,637.76. Following the completion of the sale, the president directly owned 371,583 shares of the company’s stock, valued at $44,857,499.76. The trade was a 7.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO J. Kirby sold 159,321 shares of the business’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total transaction of $18,807,844.05. Following the sale, the chief executive officer directly owned 797,851 shares of the company’s stock, valued at $94,186,310.55. This represents a 16.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 271,010 shares of company stock worth $32,317,909. 0.86% of the stock is currently owned by company insiders.

United Airlines Stock Up 3.1%

Shares of NASDAQ:UAL opened at $109.82 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. The firm has a market cap of $35.65 billion, a price-to-earnings ratio of 10.27, a PEG ratio of 0.89 and a beta of 1.27. The stock’s 50-day moving average price is $118.95 and its two-hundred day moving average price is $108.37. United Airlines Holdings Inc has a 12-month low of $84.64 and a 12-month high of $138.77.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.88 by $0.11. The company had revenue of $17.67 billion during the quarter, compared to the consensus estimate of $17.62 billion. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.87 EPS. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, research analysts forecast that United Airlines Holdings Inc will post 9.91 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on UAL shares. The Goldman Sachs Group lifted their price target 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. Wall Street Zen downgraded shares of United Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Bank of America raised their target price on shares of United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Citigroup lifted their target price on shares of United Airlines from $132.00 to $171.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Finally, Sanford C. Bernstein boosted their price target on United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Sixteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $155.91.

United Airlines Profile

United Airlines Holdings, Inc (NASDAQ: UAL) is the parent company of United Airlines, Inc, a major U.S. airline headquartered in Chicago, Illinois. United provides scheduled air transportation for passengers and cargo, serving destinations across the United States and connecting North America with international markets throughout Latin America, Europe, Asia, Africa and the Middle East.

The company operates a broad network through hubs including Chicago, Denver, Houston, Los Angeles, Newark, San Francisco and Washington, DC Its services include economy, premium-economy and business-class travel, as well as air cargo transportation.