Accredited Wealth Management LLC Has $1.78 Million Holdings in The Boeing Company $BA

Accredited Wealth Management LLC increased its stake in shares of The Boeing Company (NYSE:BAFree Report) by 2,531.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,237 shares of the aircraft producer’s stock after purchasing an additional 7,924 shares during the quarter. Boeing comprises about 1.5% of Accredited Wealth Management LLC’s portfolio, making the stock its 17th biggest position. Accredited Wealth Management LLC’s holdings in Boeing were worth $1,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Blue Barn Wealth LLC raised its position in shares of Boeing by 1.8% during the 2nd quarter. Blue Barn Wealth LLC now owns 2,594 shares of the aircraft producer’s stock valued at $544,000 after acquiring an additional 46 shares during the last quarter. N.E.W. Advisory Services LLC lifted its stake in Boeing by 3.1% in the third quarter. N.E.W. Advisory Services LLC now owns 1,540 shares of the aircraft producer’s stock valued at $332,000 after buying an additional 46 shares during the period. Motco boosted its holdings in Boeing by 5.4% during the third quarter. Motco now owns 921 shares of the aircraft producer’s stock worth $199,000 after buying an additional 47 shares during the last quarter. Encompass Wealth Advisors LLC grew its position in shares of Boeing by 0.9% during the 3rd quarter. Encompass Wealth Advisors LLC now owns 5,045 shares of the aircraft producer’s stock worth $1,089,000 after buying an additional 47 shares during the period. Finally, Jacobsen Capital Management increased its stake in shares of Boeing by 4.6% in the 3rd quarter. Jacobsen Capital Management now owns 1,070 shares of the aircraft producer’s stock valued at $231,000 after acquiring an additional 47 shares during the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating on shares of Boeing in a report on Tuesday, December 9th. Royal Bank Of Canada raised their price target on Boeing from $265.00 to $275.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Morgan Stanley set a $245.00 price objective on Boeing in a report on Wednesday, January 28th. Vertical Research restated a “buy” rating and set a $281.00 target price on shares of Boeing in a report on Tuesday, January 27th. Finally, Weiss Ratings raised shares of Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $246.14.

Get Our Latest Stock Analysis on Boeing

Boeing News Summary

Here are the key news stories impacting Boeing this week:

Insider Transactions at Boeing

In related news, SVP Ann M. Schmidt sold 6,281 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $243.37, for a total transaction of $1,528,606.97. Following the transaction, the senior vice president directly owned 13,978 shares of the company’s stock, valued at approximately $3,401,825.86. This trade represents a 31.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Uma M. Amuluru sold 1,503 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $233.78, for a total transaction of $351,371.34. Following the transaction, the executive vice president owned 19,015 shares in the company, valued at approximately $4,445,326.70. The trade was a 7.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 21,012 shares of company stock worth $4,980,687 in the last 90 days. Corporate insiders own 0.09% of the company’s stock.

Boeing Stock Down 0.8%

Boeing stock opened at $227.66 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.40 and a debt-to-equity ratio of 8.37. The Boeing Company has a 1-year low of $128.88 and a 1-year high of $254.35. The company has a fifty day simple moving average of $234.75 and a 200 day simple moving average of $220.03. The company has a market cap of $178.79 billion, a P/E ratio of 113.26 and a beta of 1.15.

Boeing (NYSE:BAGet Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, topping the consensus estimate of ($0.40) by $10.32. The business had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $22.41 billion. The company’s quarterly revenue was up 57.1% compared to the same quarter last year. During the same period last year, the firm earned ($5.90) earnings per share. Research analysts anticipate that The Boeing Company will post -2.58 earnings per share for the current fiscal year.

Boeing Company Profile

(Free Report)

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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