Avity Investment Management Inc. purchased a new position in shares of The Boeing Company (NYSE:BA – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,702 shares of the aircraft producer’s stock, valued at approximately $587,000.
Other large investors also recently modified their holdings of the company. Trust Point Inc. grew its holdings in shares of Boeing by 3.4% in the 4th quarter. Trust Point Inc. now owns 1,883 shares of the aircraft producer’s stock worth $409,000 after acquiring an additional 62 shares during the last quarter. Stephens Consulting LLC boosted its position in shares of Boeing by 100.6% in the 4th quarter. Stephens Consulting LLC now owns 8,022 shares of the aircraft producer’s stock valued at $1,742,000 after purchasing an additional 4,022 shares during the period. Avaii Wealth Management LLC increased its stake in Boeing by 68.5% in the 4th quarter. Avaii Wealth Management LLC now owns 1,961 shares of the aircraft producer’s stock worth $426,000 after purchasing an additional 797 shares in the last quarter. Mather Group LLC. raised its holdings in Boeing by 5.9% during the 4th quarter. Mather Group LLC. now owns 4,643 shares of the aircraft producer’s stock worth $1,008,000 after buying an additional 258 shares during the period. Finally, CMH Wealth Management LLC lifted its stake in Boeing by 15.9% during the fourth quarter. CMH Wealth Management LLC now owns 64,825 shares of the aircraft producer’s stock valued at $14,075,000 after buying an additional 8,893 shares in the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on BA shares. Morgan Stanley set a $245.00 price objective on Boeing in a research note on Wednesday, January 28th. UBS Group lifted their target price on Boeing from $275.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Susquehanna reissued a “positive” rating and issued a $280.00 price target on shares of Boeing in a research report on Thursday, January 15th. New Street Research set a $257.00 price target on shares of Boeing in a report on Tuesday, December 9th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Boeing in a research report on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $248.86.
Insider Activity at Boeing
In related news, EVP Uma M. Amuluru sold 1,503 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $233.78, for a total value of $351,371.34. Following the completion of the transaction, the executive vice president owned 19,015 shares in the company, valued at $4,445,326.70. The trade was a 7.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Howard E. Mckenzie sold 10,497 shares of the stock in a transaction on Thursday, February 5th. The shares were 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 owned 14,692 shares in the company, valued at $3,437,781.08. The trade was a 41.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 21,012 shares of company stock worth $4,980,687. 0.10% of the stock is currently owned by company insiders.
Boeing News Summary
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Europe’s aviation regulator (EASA) signaled improving ties with the U.S. FAA and said Boeing is responding appropriately to scrutiny — a reduction in transatlantic regulatory friction could ease delivery and certification risks that have previously pressured BA. Europe’s aviation agency touts improving ties with FAA, Boeing
- Positive Sentiment: Korean Air said it plans to buy 103 Boeing planes through 2039 (about $36.2B list value) — a large order that boosts Boeing’s future backlog and revenue visibility for commercial jets. Korean Air plans 103 Boeing plane purchases
- Positive Sentiment: Hedge funds and some institutional investors are adding BA exposure, suggesting conviction among “smart money” that Boeing’s operational recovery and backlog will drive upside over time. Hedge Funds are Loading Up on Boeing
- Neutral Sentiment: Coverage noting the stock “slid” even as relations improve highlights mixed market sentiment — some investors may be taking profits or rotating out despite constructive regulatory news. “Trustful Partners” Boeing Stock Slides as European Relations Improve
- Neutral Sentiment: Longer-term space/defense program coverage (e.g., NASA lunar plans) could be incremental upside for Boeing’s defense and space segment but is unlikely to move near-term share price materially. NASA $20 Billion Moon Base and Artemis Launch
- Negative Sentiment: The FAA opened a probe into a near-miss involving a U.S. Army Black Hawk helicopter and a United-operated Boeing 737 — renewed safety and regulatory scrutiny can pressure deliveries, certifications and sentiment. FAA Probing Close Call Between Black Hawk Helicopter, Boeing 737
- Negative Sentiment: Reports that Boeing lost a Chinese carrier deal (with China Eastern buying from Airbus) highlight ongoing competitive pressure in key markets, offsetting some of the new-order positives. Boeing Stock Slides Despite Huge New Order
Boeing Price Performance
Shares of BA stock opened at $190.57 on Friday. The Boeing Company has a 52 week low of $128.88 and a 52 week high of $254.35. The stock has a market capitalization of $149.67 billion, a PE ratio of 94.81 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. The stock’s fifty day moving average is $227.92 and its 200-day moving average is $217.09.
Boeing (NYSE:BA – Get Free Report) last issued its quarterly earnings data 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 company had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $22.41 billion. During the same period in the prior year, the company earned ($5.90) EPS. The firm’s revenue was up 57.1% compared to the same quarter last year. Equities research analysts expect that The Boeing Company will post -2.58 EPS for the current fiscal year.
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.
See Also
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