The Boeing Company $BA Shares Sold by Forum Financial Management LP

Forum Financial Management LP trimmed its stake in The Boeing Company (NYSE:BA) by 55.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,994 shares of the aircraft producer’s stock after selling 3,671 shares during the quarter. Forum Financial Management LP’s holdings in Boeing were worth $596,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Private Wealth Management Group LLC grew its holdings in shares of Boeing by 15.3% during the first quarter. Private Wealth Management Group LLC now owns 755 shares of the aircraft producer’s stock worth $150,000 after buying an additional 100 shares in the last quarter. EWA LLC boosted its position in Boeing by 20.0% during the first quarter. EWA LLC now owns 1,455 shares of the aircraft producer’s stock worth $290,000 after acquiring an additional 243 shares during the last quarter. Kampmann Melissa S. raised its holdings in Boeing by 280.6% in the 1st quarter. Kampmann Melissa S. now owns 6,185 shares of the aircraft producer’s stock valued at $1,231,000 after acquiring an additional 4,560 shares during the last quarter. Littlejohn Financial Services Inc. lifted its stake in shares of Boeing by 12.9% during the 1st quarter. Littlejohn Financial Services Inc. now owns 1,520 shares of the aircraft producer’s stock worth $303,000 after purchasing an additional 174 shares during the period. Finally, Next Level Private LLC lifted its stake in shares of Boeing by 0.8% during the 1st quarter. Next Level Private LLC now owns 35,262 shares of the aircraft producer’s stock worth $7,018,000 after purchasing an additional 290 shares during the period. Institutional investors and hedge funds own 64.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on BA. Citigroup upped their target price on Boeing from $256.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Wells Fargo & Company assumed coverage on shares of Boeing in a research note on Wednesday, April 1st. They set an “overweight” rating and a $250.00 price objective for the company. Jefferies Financial Group reissued a “buy” rating on shares of Boeing in a research report on Wednesday, March 4th. Wolfe Research reaffirmed an “outperform” rating and set a $275.00 price target on shares of Boeing in a research report on Thursday, April 23rd. Finally, Weiss Ratings lowered shares of Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Boeing currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.61.

Insider Activity

In other Boeing news, Director Bradley D. Tilden bought 1,370 shares of Boeing stock in a transaction dated Wednesday, May 20th. The stock was bought at an average cost of $218.50 per share, for a total transaction of $299,345.00. Following the purchase, the director owned 1,370 shares in the company, valued at $299,345. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.10% of the stock is currently owned by insiders.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing returned to China’s commercial market with an order from China Southern Airlines for seven cargo aircraft, including 777-8 freighters. The deal is a notable signal that Boeing can still win large international orders in a key market, which could support sentiment for its commercial aircraft business. Boeing (BA) Returns To China With Seven Plane Cargo Order From China Southern
• Positive Sentiment: Boeing also entered fresh contract talks starting July 1, which some investors may view as a potential catalyst if negotiations improve labor stability and reduce the risk of further disruptions. Contract Talks Start July 1, Boeing Stock (NYSE:BA) Notches Up
• Neutral Sentiment: FAA restrictions tied to Boeing jets and 5G interference in Canada highlight ongoing regulatory/operational complexity for the company, but the direct stock impact is unclear from the report alone. FAA issues directives for Boeing jets on Canada 5G interference
• Negative Sentiment: Boeing disclosed an unplanned IT outage that disrupted factory operations from Washington to Florida, temporarily affecting both commercial and military production. That kind of manufacturing interruption can weigh on investor confidence because it raises near-term execution risk. Boeing Says ‘Unplanned IT Outage’ Hit Computer Systems as Factory Work From Washington to Florida was Disrupted
• Negative Sentiment: Earlier reports also noted Boeing stock declined despite broader market gains, suggesting investors remain cautious amid mixed headlines and execution concerns. Boeing (BA) Stock Drops Despite Market Gains: Important Facts to Note

Boeing Price Performance

BA opened at $216.15 on Wednesday. The Boeing Company has a twelve month low of $176.77 and a twelve month high of $254.35. The firm has a market cap of $170.39 billion, a price-to-earnings ratio of 104.93 and a beta of 1.19. The company has a current ratio of 1.18, a quick ratio of 0.35 and a debt-to-equity ratio of 7.42. The company has a fifty day simple moving average of $223.70 and a 200 day simple moving average of $223.82.

Boeing (NYSE:BA) last posted its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.48. The firm had revenue of $22.22 billion during the quarter, compared to analysts’ expectations of $22.15 billion. During the same period in the previous year, the company earned ($0.49) earnings per share. The business’s quarterly revenue was up 14.0% on a year-over-year basis. Equities research analysts expect that The Boeing Company will post -0.15 EPS for the current fiscal year.

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.