OLD National Bancorp IN Sells 77,771 Shares of United Airlines Holdings Inc $UAL

OLD National Bancorp IN lessened its stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 74.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,841 shares of the transportation company’s stock after selling 77,771 shares during the quarter. OLD National Bancorp IN’s holdings in United Airlines were worth $2,590,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vident Advisory LLC raised its position in shares of United Airlines by 25.5% in the first quarter. Vident Advisory LLC now owns 15,009 shares of the transportation company’s stock worth $1,036,000 after buying an additional 3,048 shares in the last quarter. Blair William & Co. IL increased its stake in United Airlines by 16.3% in the 2nd quarter. Blair William & Co. IL now owns 21,223 shares of the transportation company’s stock worth $1,690,000 after acquiring an additional 2,967 shares during the last quarter. Pitcairn Co. increased its stake in United Airlines by 194.2% in the 2nd quarter. Pitcairn Co. now owns 23,576 shares of the transportation company’s stock worth $1,877,000 after acquiring an additional 15,563 shares during the last quarter. Corebridge Financial Inc. raised its holdings in shares of United Airlines by 37.7% in the 1st quarter. Corebridge Financial Inc. now owns 114,796 shares of the transportation company’s stock valued at $7,927,000 after acquiring an additional 31,457 shares in the last quarter. Finally, Bayforest Capital Ltd boosted its position in shares of United Airlines by 840.0% during the 2nd quarter. Bayforest Capital Ltd now owns 9,550 shares of the transportation company’s stock valued at $760,000 after acquiring an additional 8,534 shares during the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Price Performance

UAL stock opened at $113.53 on Wednesday. The firm has a market cap of $36.75 billion, a P/E ratio of 11.38, a P/E/G ratio of 1.04 and a beta of 1.30. The firm’s fifty day moving average is $100.60 and its 200 day moving average is $95.69. United Airlines Holdings Inc has a 52 week low of $52.00 and a 52 week high of $116.32. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.61 and a current ratio of 0.67.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Wednesday, October 15th. The transportation company reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.65 by $0.13. The business had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.31 billion. United Airlines had a net margin of 5.64% and a return on equity of 26.94%. The company’s revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the business 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 earnings per share for the current year.

Insider Transactions at United Airlines

In other United Airlines news, CEO J Scott Kirby sold 120,000 shares of United Airlines stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $107.86, for a total value of $12,943,200.00. Following the transaction, the chief executive officer directly owned 666,535 shares of the company’s stock, valued at $71,892,465.10. The trade was a 15.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.63% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on UAL shares. TD Cowen raised their target price on shares of United Airlines from $127.00 to $138.00 and gave the company a “buy” rating in a research note on Monday, October 20th. Cowen reissued a “buy” rating on shares of United Airlines in a report on Monday, October 20th. Wall Street Zen cut shares of United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Susquehanna upped their target price on shares of United Airlines from $109.00 to $115.00 and gave the stock a “positive” rating in a research report on Friday, October 3rd. Finally, Weiss Ratings cut United Airlines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $128.27.

United Airlines 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.