Chevy Chase Trust Holdings LLC Sells 11,934 Shares of The Boeing Company $BA

Chevy Chase Trust Holdings LLC lessened its stake in The Boeing Company (NYSE:BA) by 3.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 386,812 shares of the aircraft producer’s stock after selling 11,934 shares during the quarter. Chevy Chase Trust Holdings LLC owned about 0.05% of Boeing worth $83,486,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. N.E.W. Advisory Services LLC grew its stake in Boeing by 3.1% during the third quarter. N.E.W. Advisory Services LLC now owns 1,540 shares of the aircraft producer’s stock worth $332,000 after buying an additional 46 shares in the last quarter. Motco raised its position in shares of Boeing by 5.4% in the 3rd quarter. Motco now owns 921 shares of the aircraft producer’s stock valued at $199,000 after buying an additional 47 shares in the last quarter. Encompass Wealth Advisors LLC raised its position in shares of Boeing by 0.9% in the 3rd quarter. Encompass Wealth Advisors LLC now owns 5,045 shares of the aircraft producer’s stock valued at $1,089,000 after buying an additional 47 shares in the last quarter. Jacobsen Capital Management lifted its holdings in shares of Boeing by 4.6% during the 3rd quarter. Jacobsen Capital Management now owns 1,070 shares of the aircraft producer’s stock worth $231,000 after acquiring an additional 47 shares during the period. Finally, ANB Bank boosted its position in shares of Boeing by 1.7% during the 2nd quarter. ANB Bank now owns 2,956 shares of the aircraft producer’s stock worth $619,000 after acquiring an additional 48 shares in the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Trending Headlines about Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Large U.S. Air Force E-7A/Wedgetail contract modification (~$2.34–$2.43B) expands Boeing’s defense backlog through 2032, providing near-term revenue visibility and supporting cash flow forecasts. Boeing wins $2.34B U.S. Air Force contract modification for E-7A aircraft
• Positive Sentiment: Reports note surging demand in military and other segments that could support higher production cadence and longer-term revenue upside (article highlights talk of “quadruple production” in some areas). This narrative boosts investor confidence in Boeing’s recovery trajectory. “Quadruple Production”: Boeing Stock (NYSE:BA) Jumps as Demand Surges
• Neutral Sentiment: Boeing’s commercial deliveries remain strong (February deliveries outpaced Airbus, hitting a multi‑year high), showing operational momentum even as quality checks continue. This helps offset near-term concerns. Boeing Deliveries Outpace Rival. Shares Dip On 737 MAX Wiring Issue.
• Neutral Sentiment: Broader contract awards reporting ( ~$2.49B update) highlights ongoing government work across Boeing and peers — supportive for backlog but not a game changer by itself. Boeing Contracts Get $2.49 Bil. Update; KC-135s Collide Over Iraq
• Negative Sentiment: Boeing is repairing up to ~25 undelivered 737 MAX jets after discovering wiring flaws caused by machining damage; deliveries may be delayed while inspections/rework proceed, pressuring near-term delivery counts and cash flow. Boeing repairing 25 737 MAX jets with wiring flaws, Bloomberg News reports
• Negative Sentiment: U.S. Air Force leadership has told lawmakers Boeing must fix ongoing KC‑46 tanker issues before additional orders, which could limit near-term follow‑on tanker revenue and weigh on program reputation. USAF general says Boeing has to fix tanker problems before US orders more
• Negative Sentiment: Investor sentiment remains cautious: recent wiring disclosures triggered share weakness over the past week as quality concerns persist despite strong delivery guidance and upbeat analyst coverage. Investors Are Betting on Boeing’s Turnaround Even as Quality Questions Linger

Boeing Price Performance

Shares of NYSE:BA opened at $209.97 on Friday. The Boeing Company has a one year low of $128.88 and a one year high of $254.35. 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 cap of $164.90 billion, a price-to-earnings ratio of 104.46 and a beta of 1.14. The firm has a 50 day simple moving average of $235.19 and a 200 day simple moving average of $219.29.

Boeing (NYSE:BA) last posted its earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.40) by $10.32. The company had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $22.41 billion. The business’s quarterly 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) EPS. Research analysts predict that The Boeing Company will post -2.58 earnings per share for the current fiscal year.

Insider Transactions at Boeing

In other Boeing news, EVP Howard E. Mckenzie sold 10,497 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 14,692 shares in the company, valued at approximately $3,437,781.08. This trade represents a 41.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Uma M. Amuluru sold 1,503 shares of Boeing stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $233.78, for a total value of $351,371.34. Following the sale, the executive vice president directly owned 19,015 shares in the company, valued at $4,445,326.70. The trade was a 7.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 21,012 shares of company stock worth $4,980,687. Insiders own 0.09% of the company’s stock.

Analysts Set New Price Targets

BA has been the topic of a number of recent analyst reports. Morgan Stanley set a $245.00 price objective on shares of Boeing in a research note on Wednesday, January 28th. Susquehanna reaffirmed a “positive” rating and issued a $280.00 target price on shares of Boeing in a report on Thursday, January 15th. Citigroup reiterated a “buy” rating on shares of Boeing in a research note on Thursday, February 5th. Zacks Research raised Boeing from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 2nd. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Boeing in a research report on Wednesday, January 28th. One 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $246.14.

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.