Opinicus Capital Inc. Purchases New Shares in The Boeing Company $BA

Opinicus Capital Inc. purchased a new stake in The Boeing Company (NYSE:BA) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 2,684 shares of the aircraft producer’s stock, valued at approximately $583,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of BA. Measured Wealth Private Client Group LLC purchased a new stake in Boeing in the 3rd quarter valued at $25,000. Ares Financial Consulting LLC purchased a new stake in Boeing in the 4th quarter valued at $26,000. Strategic Wealth Advisors LLC purchased a new stake in Boeing in the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Boeing in the 4th quarter valued at $28,000. Finally, American National Bank & Trust raised its position in Boeing by 124.2% in the 4th quarter. American National Bank & Trust now owns 139 shares of the aircraft producer’s stock valued at $30,000 after purchasing an additional 77 shares during the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing reported a surge in April net new orders, booking 135 orders, which was nearly as many as it had in the first three months of the year combined. That suggests improving demand and supports the company’s turnaround story. Reuters: Boeing’s new order bookings surge in April
• Positive Sentiment: Wall Street is hopeful Boeing could land a major China aircraft order during President Trump’s visit, potentially including more than 500 planes. A deal of that size would materially boost Boeing’s backlog and reinforce confidence in the commercial aerospace recovery. MarketWatch: Boeing could finally reignite its China business
• Positive Sentiment: Boeing CEO Kelly Ortberg is expected to join the U.S. delegation to China, adding to investor hopes that the company could benefit from trade discussions and aircraft-buying commitments. Yahoo Finance: Boeing China Megadeal Could Recast Backlog
• Neutral Sentiment: Mobix Labs said it won additional Boeing 737NG-related aerospace business. That is a small supplier-level development and is unlikely to move Boeing’s stock on its own. Yahoo Finance: Mobix Labs Wins Additional Boeing 737 Aerospace Order
• Negative Sentiment: Investors were disappointed that April aircraft deliveries missed expectations, raising concerns that Boeing may need a stronger delivery pace in coming months to meet full-year targets. Barron’s: Boeing Stock Falls. Why Investors Were Looking For More From April Deliveries.
• Negative Sentiment: New lawsuit headlines tied to the 737 MAX program are adding legal and reputational overhang, reinforcing investor concern about ongoing operational and liability risks. TipRanks: Boeing stock sinks as LOT Polish Airlines sues

Boeing Stock Down 0.5%

Shares of Boeing stock opened at $237.02 on Wednesday. The company has a market cap of $186.84 billion, a P/E ratio of 115.06 and a beta of 1.21. 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 one year low of $176.77 and a one year high of $254.35. The firm has a fifty day moving average of $217.41 and a two-hundred day moving average of $218.14.

Boeing (NYSE:BA) last announced its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.48. The firm had revenue of $22.22 billion for the quarter, compared to analysts’ expectations of $22.15 billion. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.49) EPS. On average, analysts forecast that The Boeing Company will post -0.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. UBS Group upped their price objective on shares of Boeing from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Citigroup cut their price objective on shares of Boeing from $290.00 to $256.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Tigress Financial upped their price objective on shares of Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Susquehanna restated a “positive” rating and set a $280.00 price objective on shares of Boeing in a research report on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $259.60.

Insider Activity

In other news, EVP Uma M. Amuluru sold 1,503 shares of the 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 completion of the transaction, the executive vice president owned 19,015 shares in the company, valued at $4,445,326.70. This trade represents a 7.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mortimer J. Buckley purchased 2,230 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was bought at an average price of $224.20 per share, with a total value of $499,966.00. Following the acquisition, the director directly owned 4,430 shares in the company, valued at approximately $993,206. This represents a 101.36% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.10% 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.