Victory Capital Management Sells United Airlines Holdings Shares

On March 13, 2025, it was reported that Victory Capital Management Inc. has reduced its stake in United Airlines Holdings, Inc. (NASDAQ:UAL) by 10.5% during the fourth quarter, according to a recent 13F filing submitted to the Securities and Exchange Commission. After selling 15,346 shares, the firm now holds 130,508 shares of the airline's stock, valued at approximately $12,672,000 at the end of the latest quarter.

In addition, several institutional investors and hedge funds have recently engaged in buying and selling shares of United Airlines. For instance, Janney Montgomery Scott LLC increased its position in United Airlines by 1.1% during the third quarter, owning a total of 22,404 shares now valued at $1,278,000 after acquiring an additional 248 shares. Similarly, Principal Financial Group Inc. raised its stake in the airline by 3.2%, increasing its holdings to 378,214 shares worth $21,581,000 after acquiring 11,601 additional shares during the same quarter.

Moreover, Venturi Wealth Management LLC boosted its holdings by an impressive 43.5%, owning 1,230 shares of United Airlines at a value of $70,000 after acquiring 373 shares in the last quarter. Entropy Technologies LP significantly increased its stake by 163.8%, now holding 45,841 shares valued at $2,616,000. Finally, GSA Capital Partners LLP raised its holdings by 91.6%, owning a total of 20,961 shares now worth $1,196,000. Overall, institutional investors comprise 69.69% of United Airlines' total stock.

Market Analysts Provide Updates

Recently, several brokerage firms have revised their price targets and ratings for United Airlines. Raymond James reaffirmed an “outperform” rating, increasing its price target from $120.00 to $130.00. The Goldman Sachs Group repeated a “buy” rating with a target of $119.00 in their report. Additionally, Barclays has established a target price of $140.00 and given an “overweight” rating to the airline's stock.

Melius Research has upgraded the stock to a “strong-buy” rating in their recent analyses. Morgan Stanley also increased its price objective for United Airlines from $130.00 to $140.00, maintaining an “overweight” rating. Currently, two research analysts have issued hold ratings, while fourteen have recommended buying the stock, and two have given it a strong buy rating. According to MarketBeat.com, the consensus rating stands at “Buy” with a target price of $114.95.

Performance Overview of United Airlines

On Thursday, shares of NASDAQ:UAL opened at $72.46. The airline has a market capitalization of $23.72 billion, with a price-to-earnings ratio of 7.68 and a P/E/G ratio of 0.67, as well as a beta of 1.41. Over the past year, United Airlines Holdings, Inc. has seen a low of $37.02 and a high of $116.00. The firm’s current ratio is recorded at 0.81, quick ratio at 0.74, and debt-to-equity ratio stands at 1.99. The business has a 50-day simple moving average of $100.39 and a 200-day simple moving average of $83.93.

In its latest quarterly earnings report, released on January 21, United Airlines reported earnings of $3.26 per share, exceeding analyst expectations of $2.96 by $0.30. Furthermore, the company reported revenues of $14.70 billion, surpassing the consensus estimate of $14.40 billion. The airline achieved a return on equity of 32.26% and a net margin of 5.52%. Notably, the quarterly revenue reflected a year-over-year increase of 7.8%, compared to $2.00 EPS during the same period last year. Analysts are projecting that United Airlines Holdings, Inc. will report earnings of $12.96 per share for the ongoing fiscal year.

Company Overview

United Airlines Holdings, Inc. offers air transportation services through its subsidiaries across various regions, including North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company provides transportation for both passengers and cargo through its mainline and regional fleets, in addition to catering, ground handling, flight academy, and maintenance services to third parties.

Stocks, Investment, Airline