Primecap Management Co. CA Makes New Investment in United Airlines Holdings Inc $UAL

Primecap Management Co. CA bought a new stake in shares of United Airlines Holdings Inc (NASDAQ:UAL) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 16,461,630 shares of the transportation company’s stock, valued at approximately $2,238,617,000. United Airlines comprises about 1.3% of Primecap Management Co. CA’s investment portfolio, making the stock its 18th largest holding. Primecap Management Co. CA owned about 0.05% of United Airlines as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of UAL. Root Financial Partners LLC boosted its holdings in shares of United Airlines by 5.3% in the 4th quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock valued at $206,000 after buying an additional 93 shares during the period. AXA S.A. raised its stake in United Airlines by 0.8% during the second quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock worth $1,231,000 after acquiring an additional 121 shares during the period. SJS Investment Consulting Inc. raised its stake in United Airlines by 17.0% during the first quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock worth $79,000 after acquiring an additional 125 shares during the period. Fielder Capital Group LLC lifted its holdings in United Airlines by 5.4% in the fourth quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock worth $276,000 after acquiring an additional 127 shares during the last quarter. Finally, Koshinski Asset Management Inc. lifted its holdings in United Airlines by 3.7% in the first quarter. Koshinski Asset Management Inc. now owns 3,914 shares of the transportation company’s stock worth $360,000 after acquiring an additional 138 shares during the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about United Airlines

Here are the key news stories impacting United Airlines this week:

• Positive Sentiment: United will add 10 international destinations and three new routes across Europe and Asia to its 2027 schedule, including locations such as Marseille, Sardinia, Luxembourg, Ibiza and Okinawa. The expansion could increase revenue opportunities and strengthen United’s premium international travel business. United Airlines adds 2027 flights spanning Sardinia to Okinawa
• Positive Sentiment: The carrier expects sufficient deliveries of Airbus A321XLR aircraft to support its 2027 European expansion. These long-range narrow-body jets can allow United to profitably operate routes to smaller cities without relying on larger wide-body aircraft. United Airlines expects enough Airbus A321XLR deliveries for 2027 Europe expansion
• Positive Sentiment: CEO Scott Kirby said demand for overseas travel remains strong and discussed the company’s ability to offset higher oil prices. Continued robust international demand supports United’s revenue and earnings outlook. United Airlines CEO on Expansion Plans, Airfares, Demand
• Neutral Sentiment: TD Cowen lowered its price target for United from $205 to $192 but retained a Buy rating. The reduced target may reflect valuation or industry risks, although the rating still signals a favorable long-term view. TD Cowen price target update
• Neutral Sentiment: Reported short interest was zero shares, providing no meaningful evidence of short-covering or bearish positioning. The figure may reflect a data-reporting issue rather than a substantive change in investor sentiment.

United Airlines Stock Performance

Shares of UAL stock opened at $117.41 on Wednesday. United Airlines Holdings Inc has a 12-month low of $84.64 and a 12-month high of $138.77. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. The firm has a market capitalization of $38.11 billion, a price-to-earnings ratio of 10.98, a price-to-earnings-growth ratio of 0.87 and a beta of 1.28. The business has a 50 day simple moving average of $123.85 and a 200 day simple moving average of $108.63.

United Airlines (NASDAQ:UAL) last announced its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The firm had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.62 billion. During the same quarter in the previous year, the business earned $3.87 EPS. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, equities research analysts anticipate that United Airlines Holdings Inc will post 10.38 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on UAL shares. Susquehanna lowered their target price on United Airlines from $172.00 to $165.00 and set a “positive” rating for the company in a report on Friday, July 17th. Sanford C. Bernstein boosted their price target on shares of United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Wall Street Zen lowered shares of United Airlines from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. UBS Group increased their price objective on shares of United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Finally, TD Cowen cut their price objective on shares of United Airlines from $205.00 to $192.00 and set a “buy” rating on the stock in a research report on Monday. Sixteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $157.74.

Insiders Place Their Bets

In related news, President Brett J. Hart sold 30,108 shares of United Airlines stock in a transaction dated 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 sale, the president directly owned 371,583 shares in the company, valued at $44,857,499.76. The trade was a 7.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Andrew P. Nocella sold 4,200 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $120.48, for a total transaction of $506,016.00. Following the completion of the sale, the executive vice president directly owned 222,955 shares of the company’s stock, valued at $26,861,618.40. The trade was a 1.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 266,010 shares of company stock valued at $31,732,909 over the last three months. 0.86% of the stock is currently owned by company insiders.

United Airlines Company 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.