Chesapeake Asset Management LLC Has $896,000 Stock Position in The Boeing Company $BA

Chesapeake Asset Management LLC lessened its position in The Boeing Company (NYSE:BA) by 47.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 4,129 shares of the aircraft producer’s stock after selling 3,691 shares during the period. Chesapeake Asset Management LLC’s holdings in Boeing were worth $896,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Grove Bank & Trust raised its holdings in Boeing by 488.2% during the fourth quarter. Grove Bank & Trust now owns 7,064 shares of the aircraft producer’s stock worth $1,534,000 after buying an additional 5,863 shares during the last quarter. Legacy Private Trust Co. increased its holdings in Boeing by 2.5% during the 4th quarter. Legacy Private Trust Co. now owns 17,654 shares of the aircraft producer’s stock worth $3,833,000 after purchasing an additional 432 shares in the last quarter. Gryphon Financial Partners LLC lifted its holdings in shares of Boeing by 10.8% in the fourth quarter. Gryphon Financial Partners LLC now owns 1,162 shares of the aircraft producer’s stock valued at $252,000 after purchasing an additional 113 shares in the last quarter. Wedmont Private Capital boosted its position in shares of Boeing by 26.4% during the fourth quarter. Wedmont Private Capital now owns 9,599 shares of the aircraft producer’s stock valued at $2,190,000 after buying an additional 2,003 shares during the last quarter. Finally, Cooper Financial Group grew its holdings in Boeing by 22.3% during the fourth quarter. Cooper Financial Group now owns 2,124 shares of the aircraft producer’s stock worth $461,000 after buying an additional 387 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.

Boeing Stock Down 3.0%

BA stock opened at $195.11 on Friday. The stock has a fifty day moving average of $232.77 and a 200-day moving average of $218.22. The Boeing Company has a fifty-two week low of $128.88 and a fifty-two week high of $254.35. The company has a market capitalization of $153.23 billion, a price-to-earnings ratio of 97.07 and a beta of 1.14. The company has a debt-to-equity ratio of 8.37, a quick ratio of 0.40 and a current ratio of 1.19.

Boeing (NYSE:BA) last released its quarterly earnings data on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, beating the consensus estimate of ($0.40) by $10.32. The business had revenue of $23.95 billion for the quarter, compared to analysts’ expectations of $22.41 billion. Boeing’s revenue for the quarter was up 57.1% compared to the same quarter last year. During the same period last year, the company earned ($5.90) earnings per share. As a group, equities research analysts predict that The Boeing Company will post -2.58 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Mortimer J. Buckley purchased 2,230 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average cost of $224.20 per share, for a total transaction of $499,966.00. Following the completion of the transaction, the director directly owned 4,430 shares in the company, valued at approximately $993,206. This represents a 101.36% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Howard E. Mckenzie sold 10,497 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $233.99, for a total transaction of $2,456,193.03. Following 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 21,012 shares of company stock worth $4,980,687 in the last 90 days. 0.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Vertical Research reiterated a “buy” rating and issued a $281.00 target price on shares of Boeing in a research note on Tuesday, January 27th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Boeing in a research note on Wednesday, January 28th. JPMorgan Chase & Co. boosted their target price on Boeing from $245.00 to $270.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. TD Cowen restated a “buy” rating on shares of Boeing in a research note on Wednesday, January 28th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. One 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 given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $246.82.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Tigress Financial raised its price target to $290 and kept a Buy rating, signaling analyst conviction in Boeing’s backlog and longer‑term cash generation — a bullish anchor for upside expectations. Benzinga: Tigress target raise
• Positive Sentiment: FAA cleared Boeing to advance 777‑9 certification testing to the next phase, reducing a key regulatory obstacle for a high-margin widebody program that drives future revenue and backlog conversion. FAA clears 777-9
• Positive Sentiment: Boeing secured a ~$489M Naval Air Systems Command contract, which supports near-term defense revenue and offsets some commercial volatility. Defense wins help diversify cash flow and margin profile. Defense contract
• Neutral Sentiment: Ryanair’s CEO expects MAX 10 certification and deliveries on a timely schedule, which is a customer signal of demand and production recovery but not a catalyst unless Boeing confirms ramp details. Ryanair expects MAX 10 on time
• Neutral Sentiment: Some delivery delays tied to a wiring issue appear limited in scope, described as a modest/temporary hiccup versus more systemic program problems — watch official delivery schedules for clarity. Wiring issue coverage
• Negative Sentiment: NASA is reportedly considering SpaceX’s Starship instead of Boeing’s Space Launch System (SLS) for lunar transit — a direct threat to future SLS revenue and program relevance that spooked investors. NASA considering Starship over SLS
• Negative Sentiment: Reports and commentary (TipRanks / Seeking Alpha) highlight mounting competitive pressure from SpaceX and a “triple blow” narrative (program risk, geopolitical production delays, legal/class action exposure), which has driven negative sentiment and selling. TipRanks: Boeing loses ground to SpaceX Seeking Alpha: The Triple Blow
• Negative Sentiment: Boeing warned that the Iran war could slow production, increasing the risk of delivery delays and revenue disruption for commercial jets — a concrete operational headwind. Boeing cites Iran war for delays
• Negative Sentiment: A judge allowed shareholders to pursue a class action related to 737 MAX safety issues, keeping legal and reputational risk active and potentially increasing future liabilities and distraction for management. Class action allowed

Boeing Company 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.