Brookstone Capital Management Acquires 2,751 Shares of The Boeing Company $BA

Brookstone Capital Management increased its stake in The Boeing Company (NYSE:BA) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,788 shares of the aircraft producer’s stock after purchasing an additional 2,751 shares during the quarter. Brookstone Capital Management’s holdings in Boeing were worth $6,902,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in Boeing during the third quarter valued at about $25,000. Reyes Financial Architecture Inc. bought a new position in shares of Boeing in the third quarter worth about $32,000. Game Plan Financial Advisors LLC raised its stake in shares of Boeing by 650.0% in the fourth quarter. Game Plan Financial Advisors LLC now owns 150 shares of the aircraft producer’s stock worth $33,000 after buying an additional 130 shares during the period. Davis Capital Management purchased a new position in shares of Boeing during the 3rd quarter valued at about $33,000. Finally, Howard Hughes Medical Institute bought a new position in shares of Boeing during the 2nd quarter valued at approximately $34,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Boeing

In related news, EVP Howard E. Mckenzie sold 10,497 shares of the company’s stock in a transaction 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 completion of the transaction, the executive vice president owned 14,692 shares in the company, valued at approximately $3,437,781.08. This represents a 41.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Uma M. Amuluru sold 2,731 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $236.00, for a total transaction of $644,516.00. Following the transaction, the executive vice president directly owned 11,925 shares of the company’s stock, valued at $2,814,300. The trade was a 18.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,012 shares of company stock worth $4,980,687 over the last ninety days. 0.10% of the stock is owned by corporate insiders.

Boeing Stock Up 4.3%

Shares of BA opened at $207.51 on Thursday. The business’s 50 day moving average is $224.89 and its 200 day moving average is $216.53. 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 12-month low of $128.88 and a 12-month high of $254.35. The company has a market capitalization of $162.97 billion, a PE ratio of 103.24 and a beta of 1.13.

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

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Pentagon framework to triple PAC-3 seeker production gives Boeing a multiyear defense revenue tailwind and drove buying interest in BA. Boeing, Lockheed Martin to boost production of PAC-3 MSE seekers, Pentagon says
• Positive Sentiment: Wells Fargo initiated coverage with an “overweight” rating and $250 price target — a vote of confidence from a large dealer that likely supported the rally. Wells Fargo says Boeing stock is still a ‘bargain’
• Positive Sentiment: Legal clarity: a U.S. appeals court upheld a decision dismissing a criminal case tied to the 737 MAX crashes, removing a longstanding overhang on Boeing’s risk profile. US appeals court upholds decision to dismiss Boeing criminal case
• Positive Sentiment: Market momentum and defense-focused flows lifted aerospace names broadly; several outlets flagged Boeing gains after the Pentagon news. Boeing Jumps on New Pentagon Deal. Should You Buy BA Stock Here?
• Neutral Sentiment: Boeing set an April 22 date to report Q1 results — a near-term catalyst that could confirm whether defense wins and improving operations flow through the quarter. Boeing to Release First Quarter Results on April 22
• Neutral Sentiment: MSN/BNP Paribas notes supply-chain signs of stabilization — a constructive development — but cautions 737 output remains below targeted levels. Boeing supply chain shows signs of stabilization as 737 output trails target: BNP Paribas
• Negative Sentiment: Production delays at Boeing and Airbus are boosting aftermarket stocks — a signal that ongoing output constraints could persist and limit near-term commercial delivery growth. Aerospace Aftermarket Stocks Rise Amid Boeing, Airbus Delays

Analysts Set New Price Targets

BA has been the subject of several analyst reports. Wells Fargo & Company initiated coverage on shares of Boeing in a report on Wednesday. They issued an “overweight” rating and a $250.00 target price for the company. Argus raised shares of Boeing to a “hold” rating in a report on Monday, February 2nd. Sanford C. Bernstein reiterated an “outperform” rating on shares of Boeing in a research report on Wednesday, January 28th. TD Cowen reissued a “buy” rating on shares of Boeing in a research note on Wednesday, January 28th. Finally, Susquehanna restated a “positive” rating and set a $280.00 target price on shares of Boeing in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Boeing currently has a consensus rating of “Moderate Buy” and an average price target of $254.10.

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.