Patton Fund Management Inc. grew its holdings in The Boeing Company (NYSE:BA – Free Report) by 734.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,322 shares of the aircraft producer’s stock after acquiring an additional 9,085 shares during the quarter. Patton Fund Management Inc.’s holdings in Boeing were worth $2,228,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of BA. Harbor Asset Planning Inc. acquired a new stake in Boeing in the 2nd quarter worth $25,000. Piscataqua Savings Bank lifted its stake in shares of Boeing by 1,712.5% in the second quarter. Piscataqua Savings Bank now owns 145 shares of the aircraft producer’s stock valued at $30,000 after buying an additional 137 shares during the period. Howard Hughes Medical Institute acquired a new stake in Boeing during the second quarter worth about $34,000. Decker Retirement Planning Inc. acquired a new stake in Boeing during the second quarter worth about $35,000. Finally, IMG Wealth Management Inc. increased its stake in Boeing by 159.4% during the second quarter. IMG Wealth Management Inc. now owns 179 shares of the aircraft producer’s stock valued at $38,000 after acquiring an additional 110 shares during the period. Institutional investors own 64.82% of the company’s stock.
Insider Activity at Boeing
In other Boeing news, SVP Dana S. Deasy acquired 554 shares of Boeing stock in a transaction on Monday, November 24th. The shares were bought at an average price of $178.88 per share, with a total value of $99,099.52. Following the completion of the purchase, the senior vice president owned 28,442 shares in the company, valued at $5,087,704.96. This trade represents a 1.99% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Uma M. Amuluru sold 1,366 shares of the firm’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $197.66, for a total value of $270,003.56. Following the completion of the sale, the executive vice president owned 14,656 shares of the company’s stock, valued at approximately $2,896,904.96. This trade represents a 8.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.09% of the company’s stock.
Key Headlines Impacting Boeing
- Positive Sentiment: Citi starts coverage with a Buy and Boeing completed the acquisition of Spirit AeroSystems — a strategic move that consolidates parts and MRO capacity and likely improves margins/vertical integration expectations. Boeing (BA) Gets Buy Rating from Citi, Completes Spirit AeroSystems Acquisition
- Positive Sentiment: Boeing won a roughly $930.8M U.S. Navy contract to extend service life of up to 60 F/A‑18 E/F Super Hornets — adds near‑term defense revenue and strengthens backlog visibility. Boeing (BA) Secures Major Navy Contract as Ratings Agencies Turn More Positive
- Positive Sentiment: Other bullish signals: J.P. Morgan and JPMorgan Chase remain positive/forecast upside and media/commentators (e.g., Jim Cramer) say Boeing may have bottomed — these endorsements can drive demand from institutional and retail investors. J.P. Morgan Keeps Their Buy Rating on Boeing (BA)
- Positive Sentiment: Aftermarket opportunity: Coulson Aviation launching a Boeing 767 VLAT (Very Large Airtanker) program highlights continued value in 767 conversions and aftermarket demand for widebodies. Coulson Aviation Announces Launch of Boeing 767 VLAT Program
- Neutral Sentiment: United Launch Alliance CEO Tory Bruno resigned — notable for the space ecosystem but limited direct near‑term impact on Boeing’s commercial aerospace stock story. United Launch Alliance CEO Tory Bruno resigns
- Neutral Sentiment: Artemis II launch rehearsals and Boeing support activity (Starliner ground/logistics work) are ongoing — positive for Boeing’s NASA program profile but not a material stock driver today. Astronauts, launch teams practice Artemis 2 countdown – Spaceflight Now
- Negative Sentiment: Boeing is asking the FAA to allow 35 additional 777 freighter sales ahead of a 2028 emissions rule and seeking waivers — potential regulatory and reputational risk if approvals are denied or if the fight highlights environmental constraints on future widebody sales. This is the main near‑term headwind investors are watching. Boeing (BA) Pushes FAA to Extend 777 Freighter Sales Before 2028 Rule Kicks In
Boeing Price Performance
Shares of NYSE:BA opened at $216.88 on Tuesday. The stock has a market capitalization of $164.84 billion, a price-to-earnings ratio of -15.85 and a beta of 1.18. The business’s fifty day moving average price is $201.78 and its two-hundred day moving average price is $214.18. The Boeing Company has a fifty-two week low of $128.88 and a fifty-two week high of $242.69.
Boeing (NYSE:BA – Get Free Report) last announced its earnings results on Wednesday, October 29th. The aircraft producer reported ($7.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.51) by ($6.96). The company had revenue of $23.27 billion for the quarter, compared to analyst estimates of $21.61 billion. The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the prior year, the business earned ($10.44) EPS. Research analysts expect that The Boeing Company will post -2.58 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of analysts have commented on the company. Sanford C. Bernstein reiterated an “outperform” rating and issued a $267.00 price objective on shares of Boeing in a research report on Friday, November 14th. Jefferies Financial Group set a $255.00 target price on Boeing in a research note on Tuesday, September 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $250.00 target price on shares of Boeing in a research report on Monday, September 29th. Loop Capital set a $223.00 price target on shares of Boeing in a report on Monday, November 3rd. Finally, UBS Group restated a “buy” rating on shares of Boeing in a research note on Wednesday, December 10th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, Boeing has a consensus rating of “Moderate Buy” and an average target price of $233.17.
Read Our Latest Analysis on Boeing
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.
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