Assetmark Inc. Acquires 1,144,296 Shares of United Airlines Holdings Inc $UAL

Assetmark Inc. increased its holdings in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 352.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,468,818 shares of the transportation company’s stock after acquiring an additional 1,144,296 shares during the period. Assetmark Inc. owned approximately 0.45% of United Airlines worth $116,962,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. raised its holdings in United Airlines by 1.1% in the first quarter. Vanguard Group Inc. now owns 36,961,616 shares of the transportation company’s stock worth $2,552,200,000 after buying an additional 413,753 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in United Airlines by 2.1% in the first quarter. Dimensional Fund Advisors LP now owns 6,010,293 shares of the transportation company’s stock worth $415,011,000 after buying an additional 125,284 shares during the last quarter. Pacer Advisors Inc. raised its holdings in United Airlines by 10,777.6% in the first quarter. Pacer Advisors Inc. now owns 5,068,103 shares of the transportation company’s stock worth $349,953,000 after buying an additional 5,021,511 shares during the last quarter. Invesco Ltd. raised its holdings in United Airlines by 26.1% in the first quarter. Invesco Ltd. now owns 4,661,186 shares of the transportation company’s stock worth $321,855,000 after buying an additional 964,388 shares during the last quarter. Finally, Alyeska Investment Group L.P. raised its holdings in United Airlines by 86.4% in the first quarter. Alyeska Investment Group L.P. now owns 3,985,560 shares of the transportation company’s stock worth $275,203,000 after buying an additional 1,847,884 shares during the last quarter. Institutional investors own 69.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on UAL. Susquehanna lifted their target price on shares of United Airlines from $109.00 to $115.00 and gave the stock a “positive” rating in a report on Friday, October 3rd. Barclays lifted their target price on shares of United Airlines from $115.00 to $135.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. UBS Group decreased their target price on shares of United Airlines from $131.00 to $128.00 and set a “buy” rating for the company in a report on Friday, October 17th. Evercore ISI lifted their target price on shares of United Airlines from $105.00 to $135.00 and gave the stock an “outperform” rating in a report on Monday, September 29th. Finally, Wall Street Zen raised shares of United Airlines from a “hold” rating to a “buy” rating in a report on Saturday, October 18th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $124.93.

United Airlines Price Performance

NASDAQ UAL opened at $95.93 on Thursday. The company has a 50-day moving average price of $101.47 and a 200-day moving average price of $88.20. United Airlines Holdings Inc has a 52 week low of $52.00 and a 52 week high of $116.00. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 1.45. The firm has a market capitalization of $31.06 billion, a P/E ratio of 9.61, a PEG ratio of 0.88 and a beta of 1.45.

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

Insider Buying and Selling at United Airlines

In other United Airlines news, EVP Kate Gebo sold 6,343 shares of the company’s stock in a transaction dated 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 in the company, valued at $6,759,257.86. This represents a 8.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Barney Harford sold 9,000 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 80,000 shares in the company, valued at $7,820,800. This trade represents a 10.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 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 company insiders.

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.