Elevation Point Wealth Partners LLC Purchases 4,791 Shares of The Boeing Company $BA

Elevation Point Wealth Partners LLC raised its position in The Boeing Company (NYSE:BA) by 104.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,381 shares of the aircraft producer’s stock after purchasing an additional 4,791 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Boeing were worth $2,025,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Reyes Financial Architecture Inc. acquired a new position in shares of Boeing during the third quarter worth about $32,000. Davis Capital Management acquired a new stake in Boeing in the 3rd quarter valued at approximately $33,000. Howard Hughes Medical Institute acquired a new stake in Boeing in the 2nd quarter valued at approximately $34,000. Centerpoint Advisors LLC lifted its stake in Boeing by 62.4% in the 3rd quarter. Centerpoint Advisors LLC now owns 164 shares of the aircraft producer’s stock valued at $35,000 after acquiring an additional 63 shares in the last quarter. Finally, AlphaQuest LLC acquired a new position in Boeing during the 3rd quarter worth approximately $45,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Key Headlines Impacting 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 Trading Up 2.5%

Shares of NYSE:BA opened at $209.97 on Monday. The Boeing Company has a 52-week low of $128.88 and a 52-week high of $254.35. The company has a debt-to-equity ratio of 8.37, a quick ratio of 0.40 and a current ratio of 1.19. The company has a market capitalization of $164.90 billion, a P/E ratio of 104.46 and a beta of 1.14. The company has a 50-day simple moving average of $235.19 and a 200 day simple moving average of $219.17.

Boeing (NYSE:BA) last announced its quarterly 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 business had revenue of $23.95 billion for the quarter, compared to analyst estimates of $22.41 billion. Boeing’s quarterly revenue was up 57.1% compared to the same quarter last year. During the same period last year, the firm earned ($5.90) EPS. Sell-side analysts forecast that The Boeing Company will post -2.58 earnings per share for the current year.

Wall Street Analyst Weigh In

BA has been the subject of several research reports. Tigress Financial reaffirmed a “buy” rating and set a $275.00 price target on shares of Boeing in a research note on Monday, December 29th. BNP Paribas Exane set a $150.00 price objective on shares of Boeing in a research report on Tuesday, November 18th. Jefferies Financial Group restated a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. JPMorgan Chase & Co. raised their target price on shares of Boeing from $245.00 to $270.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. Finally, Zacks Research upgraded shares of Boeing from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $246.14.

Insiders Place Their Bets

In other news, SVP Ann M. Schmidt sold 6,281 shares of Boeing stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $243.37, for a total transaction of $1,528,606.97. Following the completion of the transaction, the senior vice president directly owned 13,978 shares in the company, valued at approximately $3,401,825.86. The trade was a 31.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Howard E. Mckenzie sold 10,497 shares of the stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $233.99, for a total value of $2,456,193.03. Following the completion of the sale, the executive vice president owned 14,692 shares in the company, valued at approximately $3,437,781.08. This trade represents a 41.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 21,012 shares of company stock valued at $4,980,687. 0.10% of the stock is owned by insiders.

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.