Bank of Nova Scotia Has $21.97 Million Holdings in The Boeing Company $BA

Bank of Nova Scotia grew its holdings in The Boeing Company (NYSE:BA) by 10.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 101,813 shares of the aircraft producer’s stock after acquiring an additional 9,713 shares during the quarter. Bank of Nova Scotia’s holdings in Boeing were worth $21,974,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. BNP Paribas boosted its holdings in Boeing by 4.3% in the 3rd quarter. BNP Paribas now owns 3,613 shares of the aircraft producer’s stock valued at $780,000 after purchasing an additional 150 shares during the period. Boothbay Fund Management LLC grew its position in Boeing by 14.4% in the 3rd quarter. Boothbay Fund Management LLC now owns 13,486 shares of the aircraft producer’s stock worth $2,911,000 after purchasing an additional 1,701 shares during the last quarter. Anchor Investment Management LLC increased its holdings in shares of Boeing by 79.4% during the 3rd quarter. Anchor Investment Management LLC now owns 9,395 shares of the aircraft producer’s stock worth $2,028,000 after purchasing an additional 4,159 shares during the period. 1858 Wealth Management LLC increased its holdings in shares of Boeing by 8.3% during the 3rd quarter. 1858 Wealth Management LLC now owns 6,839 shares of the aircraft producer’s stock worth $1,476,000 after purchasing an additional 523 shares during the period. Finally, Algert Global LLC raised its position in shares of Boeing by 2,194.2% during the third quarter. Algert Global LLC now owns 30,214 shares of the aircraft producer’s stock valued at $6,521,000 after buying an additional 28,897 shares during the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing won a $2.34 billion Air Force contract modification for the E-7A Rapid Prototype mission segment, which boosts near-term defense revenue and adds to the company’s backlog — a clear revenue and cash-flow positive. Article Title
• Positive Sentiment: Recent quarterly results showed a strong beat (quarterly EPS and revenue well ahead of consensus), supporting investor confidence in Boeing’s recovery trajectory and helping justify the stock’s outperformance versus the broader market.
• Neutral Sentiment: Market coverage notes the stock is outperforming peers in the latest session, reflecting both the upbeat contract/earnings news and broader market dynamics rather than a single catalyst. Article Title
• Negative Sentiment: Boeing has asked suppliers to identify any production impact from the U.S.-Israeli war with Iran, signaling potential supply-chain disruptions that could constrain aircraft output and delay deliveries if the conflict widens. Article Title
• Negative Sentiment: Analysts and commentary warn of approval and production bottlenecks (regulatory/approval delays and supplier constraints) that could slow ramp-up of commercial deliveries and pressure near-term margins and cash conversion. Article Title

Boeing Stock Performance

NYSE BA opened at $213.44 on Tuesday. The stock has a market cap of $167.63 billion, a P/E ratio of 106.19 and a beta of 1.14. The company’s 50-day simple moving average is $234.89 and its 200 day simple moving average is $219.01. The Boeing Company has a twelve month low of $128.88 and a twelve month high of $254.35. The company has a quick ratio of 0.40, a current ratio of 1.19 and a debt-to-equity ratio of 8.37.

Boeing (NYSE:BA) last announced its quarterly earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, topping analysts’ consensus estimates 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 firm’s revenue for the quarter was up 57.1% on a year-over-year basis. During the same quarter in the prior year, the business earned ($5.90) EPS. As a group, research analysts forecast that The Boeing Company will post -2.58 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Howard E. Mckenzie sold 10,497 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $233.99, for a total value of $2,456,193.03. Following the completion of the transaction, the executive vice president directly owned 14,692 shares of the company’s stock, valued at approximately $3,437,781.08. This represents a 41.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Ann M. Schmidt sold 6,281 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $243.37, for a total value of $1,528,606.97. Following the transaction, the senior vice president owned 13,978 shares of the company’s stock, valued at $3,401,825.86. This trade represents a 31.00% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 21,012 shares of company stock valued at $4,980,687. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on BA shares. Weiss Ratings upgraded shares of Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. Argus upgraded Boeing to a “hold” rating in a research note on Monday, February 2nd. Wolfe Research reiterated an “outperform” rating on shares of Boeing in a research report on Tuesday, January 27th. The Goldman Sachs Group reiterated a “buy” rating on shares of Boeing in a research report on Tuesday, December 9th. Finally, Royal Bank Of Canada boosted their price objective on Boeing from $265.00 to $275.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $246.14.

Boeing Profile

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.