Capital Wealth Planning LLC lifted its holdings in shares of The Boeing Company (NYSE:BA – Free Report) by 102.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 28,034 shares of the aircraft producer’s stock after purchasing an additional 14,175 shares during the quarter. Capital Wealth Planning LLC’s holdings in Boeing were worth $6,087,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Purus Wealth Management LLC boosted its stake in shares of Boeing by 3.6% during the 4th quarter. Purus Wealth Management LLC now owns 1,177 shares of the aircraft producer’s stock worth $256,000 after acquiring an additional 41 shares during the period. West Wealth Group LLC boosted its stake in Boeing by 0.6% in the 4th quarter. West Wealth Group LLC now owns 7,279 shares of the aircraft producer’s stock valued at $1,581,000 after purchasing an additional 42 shares during the period. First Heartland Consultants Inc. boosted its stake in Boeing by 1.1% in the 4th quarter. First Heartland Consultants Inc. now owns 4,062 shares of the aircraft producer’s stock valued at $882,000 after purchasing an additional 43 shares during the period. XML Financial LLC boosted its stake in Boeing by 0.5% in the 4th quarter. XML Financial LLC now owns 8,905 shares of the aircraft producer’s stock valued at $1,933,000 after purchasing an additional 43 shares during the period. Finally, Global Financial Private Client LLC boosted its stake in Boeing by 1.1% in the 4th quarter. Global Financial Private Client LLC now owns 4,025 shares of the aircraft producer’s stock valued at $874,000 after purchasing an additional 44 shares during the period. 64.82% of the stock is currently owned by institutional investors.
Boeing Stock Performance
NYSE:BA opened at $209.31 on Thursday. The stock has a fifty day moving average price of $222.11 and a 200-day moving average price of $221.11. The company has a market cap of $165.00 billion, a price-to-earnings ratio of 101.61 and a beta of 1.19. The company has a debt-to-equity ratio of 7.42, a quick ratio of 0.35 and a current ratio of 1.18. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35.
Insider Buying and Selling at Boeing
In related news, Director Bradley D. Tilden bought 1,370 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average cost of $218.50 per share, for a total transaction of $299,345.00. Following the transaction, the director owned 1,370 shares in the company, valued at $299,345. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.10% of the company’s stock.
Analyst Ratings Changes
Several analysts recently issued reports on BA shares. Jefferies Financial Group restated a “buy” rating on shares of Boeing in a research note on Wednesday, March 4th. Weiss Ratings downgraded Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Wolfe Research restated an “outperform” rating and issued a $275.00 price target on shares of Boeing in a research note on Thursday, April 23rd. Citigroup boosted their price target on Boeing from $256.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Finally, Morgan Stanley boosted their price target on Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Boeing presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.
Read Our Latest Stock Report on BA
Key Headlines Impacting Boeing
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Boeing reported 60 aircraft deliveries in May, up 33% year over year, with 737 MAX handovers showing meaningful recovery and the highest monthly output since the 2024 strike ended. Reuters: Boeing jet deliveries jump to 60 in May, 33% higher than last year
- Positive Sentiment: Brazil’s aviation regulator said it expects the 737 MAX 10 to gain FAA certification this year, which would remove a major overhang if the timeline holds. Reuters: Brazil regulator expects MAX 10 certification this year
- Positive Sentiment: The U.S. Air Force said it is confident a fix has been found for a KC-46 tanker system problem, reducing the risk of further delays on a key defense program. Reuters: US Air Force confident in fix for Boeing KC-46 refueling tanker
- Positive Sentiment: Analysts at Jefferies and Wells Fargo kept bullish ratings on Boeing, reinforcing the view that the stock still has upside if execution improves. Insider Monkey: Jefferies, Wells Fargo Maintain Bullish Outlook on The Boeing Company (BA)
- Neutral Sentiment: Articles focused on Boeing’s recent trading weakness mostly framed the move as part of broader market volatility rather than a single new company-specific blow. Yahoo Finance: Why Boeing (BA) Dipped More Than Broader Market Today
- Neutral Sentiment: News coverage also highlighted that Boeing’s shares are still trading below some target prices despite the delivery rebound, suggesting the market is waiting for more proof of sustained improvement. Yahoo Finance: Boeing 777X Wins FAA Test Approval As Stock Trades Below Targets
- Negative Sentiment: New reports that Saudi Arabia’s Riyadh Air launch was delayed by Boeing delivery slippage kept attention on Boeing’s ongoing manufacturing and schedule challenges. Yahoo Finance: Saudi’s new national carrier gets off ground despite war, delays
- Negative Sentiment: TipRanks noted Boeing’s stock slipped even after the strong MQ-28 enhancement and delivery-related news, implying investors remain cautious about whether the operational progress is durable. TipRanks: More Than Just Stealth: Boeing Stock (NYSE:BA) Slides Despite MQ-28 Enhancement
Boeing Company 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.
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