Cerity Partners LLC raised its stake in The Boeing Company (NYSE:BA – Free Report) by 45.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 213,976 shares of the aircraft producer’s stock after purchasing an additional 66,398 shares during the quarter. Cerity Partners LLC’s holdings in Boeing were worth $46,460,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of BA. Measured Wealth Private Client Group LLC purchased a new stake in shares of Boeing in the third quarter valued at approximately $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Boeing in the fourth quarter valued at approximately $26,000. Strategic Wealth Advisors LLC purchased a new stake in shares of Boeing in the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Boeing in the fourth quarter valued at approximately $28,000. Finally, American National Bank & Trust boosted its stake in shares of Boeing by 124.2% in the fourth quarter. American National Bank & Trust now owns 139 shares of the aircraft producer’s stock valued at $30,000 after buying an additional 77 shares in the last quarter. 64.82% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Boeing
In other news, Director Bradley D. Tilden acquired 1,370 shares of Boeing stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average cost of $218.50 per share, with a total value of $299,345.00. Following the completion of the acquisition, the director owned 1,370 shares in the company, valued at $299,345. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.10% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Research Report on Boeing
Trending Headlines about 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 Stock Performance
Shares of BA stock 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 stock has a market cap of $165.00 billion, a PE ratio of 101.61 and a beta of 1.19. The Boeing Company has a 1 year low of $176.77 and a 1 year high of $254.35. The company has a debt-to-equity ratio of 7.42, a quick ratio of 0.35 and a current ratio of 1.18.
Boeing (NYSE:BA – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.68) by $0.48. The firm had revenue of $22.22 billion for the quarter, compared to analyst estimates of $22.15 billion. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.49) earnings per share. Sell-side analysts forecast that The Boeing Company will post -0.15 earnings per share for the current fiscal year.
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.
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