Wealthfront buys new $12.94M stake in United Airlines
What's the deal? Wealthfront Advisers LLCDealroom has a profile for this one. Try Dealroom → opened a new position in United Airlines Holdings IncDealroom has a profile for this one. Try Dealroom → (NASDAQ: UAL) during the second quarter, buying 95,139 shares valued at roughly $12,938,000, according to a HoldingsChannel.com filing.
The context: Several other institutions adjusted their holdings recently. AXA S.A.Dealroom has a profile for this one. Try Dealroom → lifted its position 0.8% to 15,465 shares worth $1,231,000, while Koshinski Asset ManagementDealroom has a profile for this one. Try Dealroom → raised its stake 3.7% to 3,914 shares. Institutional investors own 69.69% of the airline's stock.
By the numbers: UAL opened at $118.72 on Wednesday, giving the carrier a market capitalisation of $38.53 billion and a price-to-earnings ratio of 11.11. The stock trades between a 52-week low of $84.64 and a high of $138.77.
Why now? United posted second-quarter results on 15 July 2026, reporting $1.99 earnings per share, topping the $1.88 consensus. Revenue hit $17.67 billion, up 16.4% year on year and slightly ahead of estimates.
What's the endgame? The carrier set FY 2026 guidance of $9.00 to $11.00 EPS, with analysts forecasting $10.48 for the current year. United reported a 19.05% return on equity and a 5.56% net margin.
The signal: Analysts have grown more bullish. Wells FargoDealroom has a profile for this one. Try Dealroom → raised its target to $165.00 with an "overweight" rating, CitigroupDealroom has a profile for this one. Try Dealroom → lifted its target to $171.00, and Morgan StanleyDealroom has a profile for this one. Try Dealroom → moved to $190.00 — signalling continued institutional confidence in the airline's earnings momentum.
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