D.A. Davidson boosted its UnitedHealth stake by 33% as the company beat earnings estimates with $113B in revenue.

D.A. Davidson & CO. increased its stake in UnitedHealth Group by 33.3% in the third quarter, holding 75,736 shares worth $26.15 million by year-end. The company reported Q3 earnings of $2.92 per share, beating estimates, with $113.16 billion in revenue, a 12.2% year-over-year rise. UnitedHealth Group, with a market cap of $304.67 billion, has a consensus “Hold” rating and a target price of $385.54. Institutional investors own 87.86% of the stock, which opened at $336.34 on January 5, 2026.