Chesapeake Asset Management LLC Sells 3,691 Shares of The Boeing Company $BA

Chesapeake Asset Management LLC reduced its position in The Boeing Company (NYSE:BA) by 47.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,129 shares of the aircraft producer’s stock after selling 3,691 shares during the quarter. Chesapeake Asset Management LLC’s holdings in Boeing were worth $896,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of BA. Revolve Wealth Partners LLC purchased a new position in shares of Boeing during the fourth quarter worth approximately $201,000. Sivia Capital Partners LLC lifted its stake in Boeing by 16.5% in the second quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock worth $320,000 after purchasing an additional 217 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in Boeing by 157.5% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 9,047 shares of the aircraft producer’s stock valued at $1,896,000 after acquiring an additional 5,534 shares during the period. Legal & General Group Plc increased its stake in Boeing by 6.3% in the 2nd quarter. Legal & General Group Plc now owns 3,145,620 shares of the aircraft producer’s stock worth $659,102,000 after purchasing an additional 187,545 shares during the period. Finally, Journey Strategic Wealth LLC increased its stake in Boeing by 33.2% in the 2nd quarter. Journey Strategic Wealth LLC now owns 6,059 shares of the aircraft producer’s stock worth $1,270,000 after purchasing an additional 1,510 shares during the period. 64.82% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Boeing

In other news, EVP Howard E. Mckenzie sold 10,497 shares of the company’s stock in a transaction dated 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 sale, the executive vice president directly owned 14,692 shares of the company’s stock, valued at $3,437,781.08. This represents a 41.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mortimer J. Buckley bought 2,230 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were acquired at an average price of $224.20 per share, with a total value of $499,966.00. Following the completion of the acquisition, the director directly owned 4,430 shares of the company’s stock, valued at approximately $993,206. The trade was a 101.36% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have sold 21,012 shares of company stock worth $4,980,687. Corporate insiders own 0.10% of the company’s stock.

Key Boeing News

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

Analyst Ratings Changes

A number of research firms have recently weighed in on BA. Wolfe Research reissued an “outperform” rating on shares of Boeing in a research note on Tuesday, January 27th. TD Cowen reiterated a “buy” rating on shares of Boeing in a report on Wednesday, January 28th. Susquehanna reissued a “positive” rating and issued a $280.00 target price on shares of Boeing in a research note on Thursday, January 15th. JPMorgan Chase & Co. boosted their price target on Boeing from $245.00 to $270.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Boeing in a research report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $246.82.

Boeing Price Performance

BA stock opened at $195.11 on Friday. 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 Boeing Company has a 1 year low of $128.88 and a 1 year high of $254.35. The firm has a 50-day moving average of $232.77 and a 200 day moving average of $218.22. The company has a market cap of $153.23 billion, a P/E ratio of 97.07 and a beta of 1.14.

Boeing (NYSE:BA) last posted its quarterly earnings data on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share for the quarter, beating the consensus estimate of ($0.40) by $10.32. The firm had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $22.41 billion. The business’s revenue was up 57.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($5.90) earnings per share. On average, sell-side analysts forecast that The Boeing Company will post -2.58 EPS for the current year.

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.