Kerusso Capital Management LLC Decreases Stock Position in The Boeing Company $BA

Kerusso Capital Management LLC reduced its position in The Boeing Company (NYSE:BA) by 20.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,589 shares of the aircraft producer’s stock after selling 3,969 shares during the quarter. Kerusso Capital Management LLC’s holdings in Boeing were worth $3,385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of BA. SteelPeak Wealth LLC grew its position in shares of Boeing by 50.4% in the third quarter. SteelPeak Wealth LLC now owns 26,360 shares of the aircraft producer’s stock valued at $5,689,000 after purchasing an additional 8,833 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of Boeing by 3.3% in the third quarter. Fisher Asset Management LLC now owns 5,505,040 shares of the aircraft producer’s stock valued at $1,188,153,000 after purchasing an additional 177,597 shares in the last quarter. Russell Investments Group Ltd. grew its position in shares of Boeing by 41.1% in the third quarter. Russell Investments Group Ltd. now owns 223,824 shares of the aircraft producer’s stock valued at $48,316,000 after purchasing an additional 65,216 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of Boeing by 47.7% in the third quarter. Farther Finance Advisors LLC now owns 18,477 shares of the aircraft producer’s stock valued at $3,988,000 after purchasing an additional 5,966 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in shares of Boeing by 0.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,026,896 shares of the aircraft producer’s stock valued at $437,465,000 after purchasing an additional 11,968 shares in the last quarter. 64.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on BA shares. Tigress Financial boosted their target price on Boeing from $275.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Morgan Stanley boosted their target price on Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday. Sanford C. Bernstein restated an “outperform” rating on shares of Boeing in a research report on Wednesday, January 28th. Argus upgraded Boeing to a “hold” rating in a research report on Monday, February 2nd. Finally, Wolfe Research restated an “outperform” rating and set a $275.00 target price on shares of Boeing in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $259.35.

Insider Transactions at Boeing

In other news, Director Mortimer J. Buckley acquired 2,230 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was purchased at an average cost of $224.20 per share, for a total transaction of $499,966.00. Following the acquisition, the director owned 4,430 shares of the company’s stock, valued at $993,206. This trade represents a 101.36% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Uma M. Amuluru sold 2,731 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $236.00, for a total value of $644,516.00. Following the completion of the transaction, the executive vice president owned 11,925 shares of the company’s stock, valued at $2,814,300. The trade was a 18.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,012 shares of company stock valued at $4,980,687 over the last quarter. 0.10% of the stock is owned by company insiders.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Q1 beats and delivery momentum: Boeing reported stronger‑than‑expected Q1 results (revenue ~$22.2B, narrower non‑GAAP loss) and higher deliveries, lifting confidence in the turnaround. Boeing Shares Up After Earnings
• Positive Sentiment: Record backlog and rising production optionality: Backlog hit a record (~$695B) and management signaled the 737 MAX production can be increased, supporting revenue visibility. Production Increase Story
• Positive Sentiment: Bullish positioning in options: Unusually large call‑option buying and elevated call volumes suggest short‑term speculative and institutional bullish bets. Large Call Option Volume
• Positive Sentiment: Analyst support: Some firms raised targets/maintained buy views (e.g., Morgan Stanley raised its target), reinforcing upside expectations. Price Target Raise Note
• Neutral Sentiment: Retail and long‑term bullish narratives: Multiple outlets and community theses highlight BA as a long‑term recovery play — helpful for sentiment but not a near‑term catalyst by itself. Bullish Thesis Summary
• Neutral Sentiment: Management optimism on China orders: CEO comments express confidence a US‑China summit could unlock major Chinese airline orders — a potential upside that depends on politics/diplomacy. CEO China Orders Comment
• Negative Sentiment: Cash‑flow and leverage remain concerns: Despite improvement, operating/free cash flow is still pressured and the firm carries high leverage — these fundamentals cap valuation and increase sensitivity to execution slips. Cash Strain Analysis
• Negative Sentiment: Order/certification and geopolitical risk: Some larger orders depend on political/diplomatic developments and key certifications (and spare‑parts access) — risks that could delay revenue recognition. Order Dependency Risk

Boeing Price Performance

BA opened at $234.29 on Friday. The stock has a 50-day moving average price of $218.21 and a 200-day moving average price of $216.97. The Boeing Company has a 12-month low of $169.00 and a 12-month high of $254.35. The company has a current ratio of 1.18, a quick ratio of 0.40 and a debt-to-equity ratio of 7.42. The stock has a market capitalization of $184.00 billion, a P/E ratio of 113.73 and a beta of 1.13.

Boeing (NYSE:BA) last posted its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.48. The firm had revenue of $22.22 billion during the quarter, compared to analysts’ expectations of $22.15 billion. During the same quarter in the previous year, the company posted ($0.49) earnings per share. Boeing’s revenue for the quarter was up 14.0% compared to the same quarter last year. Equities analysts predict that The Boeing Company will post -0.29 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.