1ST Source Bank Boosts Stock Holdings in The Boeing Company $BA

1ST Source Bank raised its position in shares of The Boeing Company (NYSE:BA) by 49.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,347 shares of the aircraft producer’s stock after acquiring an additional 2,431 shares during the quarter. 1ST Source Bank’s holdings in Boeing were worth $1,586,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Alpha Cubed Investments LLC grew its position in shares of Boeing by 43.3% in the second quarter. Alpha Cubed Investments LLC now owns 3,598 shares of the aircraft producer’s stock valued at $754,000 after purchasing an additional 1,088 shares in the last quarter. SteelPeak Wealth LLC lifted its holdings in Boeing by 50.4% during the 3rd quarter. SteelPeak Wealth LLC now owns 26,360 shares of the aircraft producer’s stock worth $5,689,000 after purchasing an additional 8,833 shares in the last quarter. Vanguard Group Inc. boosted its stake in Boeing by 1.7% in the 2nd 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 period. Patton Fund Management Inc. grew its holdings in Boeing by 734.4% during the 3rd quarter. Patton Fund Management Inc. now owns 10,322 shares of the aircraft producer’s stock valued at $2,228,000 after buying an additional 9,085 shares in the last quarter. Finally, Moors & Cabot Inc. grew its holdings in Boeing by 7.1% during the 2nd quarter. Moors & Cabot Inc. now owns 21,990 shares of the aircraft producer’s stock valued at $4,607,000 after buying an additional 1,461 shares in the last quarter. 64.82% of the stock is currently owned by institutional investors.

Boeing Stock Performance

NYSE BA opened at $229.33 on Friday. The Boeing Company has a 52-week low of $128.88 and a 52-week high of $254.35. The company has a fifty day moving average of $234.48 and a 200-day moving average of $220.02. The company has a market capitalization of $180.10 billion, a P/E ratio of 114.10 and a beta of 1.15. 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 results on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.40) by $10.32. The firm had revenue of $23.95 billion for the quarter, compared to analysts’ expectations of $22.41 billion. During the same quarter in the previous year, the business earned ($5.90) EPS. The company’s revenue for the quarter was up 57.1% on a year-over-year basis. As a group, equities research analysts predict that The Boeing Company will post -2.58 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BA. Wolfe Research reissued an “outperform” rating on shares of Boeing in a report on Tuesday, January 27th. Jefferies Financial Group boosted their price objective on shares of Boeing from $290.00 to $295.00 and gave the company a “buy” rating in a research note on Sunday, February 1st. Citigroup reiterated a “buy” rating on shares of Boeing in a research note on Thursday, February 5th. New Street Research set a $257.00 price target on shares of Boeing in a research report on Tuesday, December 9th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Boeing in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $246.14.

Trending Headlines about Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Delivery of two 737 MAX 8 jets to WestJet via Aviation Capital Group completes a sale-and-leaseback, supporting Boeing production momentum and lease-market demand. Article Title
• Positive Sentiment: FAA and EASA qualification of Boeing’s 777-9 flight simulators advances pilot training capability for the widebody program, reducing a training bottleneck risk as deliveries ramp. Article Title
• Neutral Sentiment: Analyst and comparative pieces (Boeing vs. RTX; review of post-earnings performance) keep attention on valuations, backlog quality and defense exposure but do not introduce new company-specific catalysts. These pieces help frame investor expectations but are not immediate drivers. Article Title
• Negative Sentiment: FAA issued an airworthiness directive for Boeing 737 MAX 8 and 8200 airplanes to address a circuit breaker issue that can cause excessive cabin/flight-deck temperatures — a regulatory action that raises inspection, compliance and potential operational-disruption risks for MAX operators. Article Title
• Negative Sentiment: The Pentagon has asked Boeing to assess its exposure to Anthropic’s AI (Claude) as part of a potential “supply chain risk” review — a probe that could force contractors to decouple from certain AI vendors or face program disruption and extra compliance costs. This adds defense-contract execution and supplier-risk uncertainty. Article Title
• Negative Sentiment: Insider sale: EVP Uma M. Amuluru sold 1,503 shares (~7.3% reduction of her holding) at about $233.78, a disclosed SEC transaction that can be perceived as a modest negative sentiment signal by some investors even if routine diversification. Article Title

Insider Activity at Boeing

In related news, SVP Ann M. Schmidt sold 6,281 shares of the business’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 completion of the sale, the senior vice president owned 13,978 shares in the company, valued at $3,401,825.86. The trade was a 31.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Howard E. Mckenzie sold 10,497 shares of the company’s 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 sale, 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. In the last three months, insiders have sold 21,012 shares of company stock valued at $4,980,687. Corporate insiders own 0.09% of the company’s stock.

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.