RM Financial Services LLC acquired a new stake in shares of The Boeing Company (NYSE:BA – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,271 shares of the aircraft producer’s stock, valued at approximately $710,000.
Several other hedge funds have also recently modified their holdings of BA. Vanguard Group Inc. boosted its holdings in shares of Boeing by 5.1% during the 4th quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer’s stock valued at $15,413,227,000 after purchasing an additional 3,460,021 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of Boeing by 47.5% in the fourth quarter. Deutsche Bank AG now owns 2,376,243 shares of the aircraft producer’s stock worth $515,930,000 after purchasing an additional 765,197 shares during the last quarter. ING Groep NV increased its holdings in shares of Boeing by 2,073.4% in the fourth quarter. ING Groep NV now owns 772,400 shares of the aircraft producer’s stock worth $167,703,000 after purchasing an additional 736,861 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Boeing by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 17,025,435 shares of the aircraft producer’s stock worth $3,679,592,000 after buying an additional 533,753 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new position in Boeing during the fourth quarter valued at approximately $89,368,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.
Insider Activity at Boeing
In related news, Director Bradley D. Tilden purchased 1,370 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average price of $218.50 per share, with a total value of $299,345.00. Following the completion of the purchase, the director owned 1,370 shares of the company’s stock, valued at approximately $299,345. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.10% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on Boeing
Boeing News Roundup
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 Boeing stock opened at $209.31 on Thursday. The company has a quick ratio of 0.35, a current ratio of 1.18 and a debt-to-equity ratio of 7.42. The stock’s fifty day moving average is $222.11 and its two-hundred day moving average is $221.11. The Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35. The company has a market capitalization of $165.00 billion, a PE ratio of 101.61 and a beta of 1.19.
Boeing (NYSE:BA – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.48. The company had revenue of $22.22 billion for the quarter, compared to analysts’ expectations of $22.15 billion. The firm’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. As a group, analysts expect that The Boeing Company will post -0.15 earnings per share for the current year.
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.
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