Jones Financial Companies Lllp boosted its position in shares of The Boeing Company (NYSE:BA – Free Report) by 22.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 110,551 shares of the aircraft producer’s stock after acquiring an additional 20,243 shares during the quarter. Jones Financial Companies Lllp’s holdings in Boeing were worth $24,449,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Boeing by 1.7% in the second quarter. Vanguard Group Inc. now owns 66,773,360 shares of the aircraft producer’s stock worth $13,991,022,000 after purchasing an additional 1,118,316 shares during the last quarter. Ninety One UK Ltd purchased a new stake in Boeing in the 3rd quarter worth approximately $192,734,000. Amundi grew its position in shares of Boeing by 75.5% in the 2nd quarter. Amundi now owns 1,776,634 shares of the aircraft producer’s stock worth $376,700,000 after buying an additional 764,236 shares during the last quarter. Newport Trust Company LLC increased its stake in shares of Boeing by 2.5% during the third quarter. Newport Trust Company LLC now owns 29,198,446 shares of the aircraft producer’s stock valued at $6,301,901,000 after buying an additional 707,490 shares during the period. Finally, Bessemer Group Inc. raised its holdings in shares of Boeing by 3,581.5% during the second quarter. Bessemer Group Inc. now owns 711,824 shares of the aircraft producer’s stock valued at $149,149,000 after acquiring an additional 692,489 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.
Boeing Price Performance
Shares of NYSE:BA opened at $232.91 on Wednesday. The business has a fifty day moving average price of $221.71 and a 200-day moving average price of $218.75. The company has a debt-to-equity ratio of 8.37, a current ratio of 1.19 and a quick ratio of 0.40. The company has a market capitalization of $182.91 billion, a PE ratio of 115.87, a PEG ratio of 12.14 and a beta of 1.15. The Boeing Company has a 1-year low of $128.88 and a 1-year high of $254.35.
Insider Buying and Selling
In related news, EVP Uma M. Amuluru sold 1,366 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $197.66, for a total value of $270,003.56. Following the transaction, the executive vice president directly owned 14,656 shares of the company’s stock, valued at approximately $2,896,904.96. This represents a 8.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Dana S. Deasy bought 554 shares of the business’s stock in a transaction on Monday, November 24th. The shares were acquired at an average price of $178.88 per share, for a total transaction of $99,099.52. Following the completion of the purchase, the senior vice president owned 28,442 shares in the company, valued at approximately $5,087,704.96. The trade was a 1.99% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.09% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently weighed in on BA. Wolfe Research reiterated an “outperform” rating on shares of Boeing in a report on Tuesday, January 27th. Citigroup boosted their price target on shares of Boeing from $270.00 to $290.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Zacks Research raised shares of Boeing from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 2nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Boeing in a research report on Tuesday, December 9th. Finally, BNP Paribas Exane set a $150.00 target price on Boeing in a research report on Tuesday, November 18th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Boeing currently has an average rating of “Moderate Buy” and a consensus target price of $247.39.
Check Out Our Latest Report on BA
More Boeing News
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Progress on 777X programme — Boeing plans the first flight of a production 777X in April, a milestone that signals progress toward first delivery next year and could reduce execution uncertainty if validated. Read More.
- Positive Sentiment: Bank of America reiterates Buy ($270 PT) — BofA calls Boeing an “execution story” and keeps a bullish price target, reinforcing analyst conviction that production stability will drive upside. Read More.
- Positive Sentiment: Commercial orders at Singapore Airshow — Air Cambodia placed its largest single-aisle order (up to 20 737 MAX jets), adding to near-term backlog and showing ongoing demand for the MAX family. Read More.
- Positive Sentiment: Defense revenue secured — Boeing won a $2.81B contract to modernize South Korea’s F‑15 fleet, locking in long‑term defense work through 2037 and supporting non-cyclical backlog. Read More.
- Neutral Sentiment: Mixed analyst activity — broader analyst sentiment remains favorable (several “strong buy”/buy notes and positive forecasts), though an Argus upgrade to “hold” signals some differing near-term views. Read More.
- Negative Sentiment: Potential 777X engine seal durability issue — Boeing and GE identified a possible seal durability problem on the 777X engine, raising the risk of inspections, rework or delays that could weigh on deliveries and margins. Read More.
- Negative Sentiment: Air India safety checks and a grounded Dreamliner — Air India has begun checks on fuel-switch mechanisms after a pilot report and briefly grounded a Dreamliner, renewing scrutiny on Boeing’s long-haul fleet reliability and potential regulatory/airline actions. Read More.
About Boeing
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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