Generali Powszechne Towarzystwo Emerytalne Boosts Stake in The Boeing Company $BA

Generali Powszechne Towarzystwo Emerytalne raised its holdings in The Boeing Company (NYSE:BA) by 40.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,000 shares of the aircraft producer’s stock after acquiring an additional 20,000 shares during the period. Boeing makes up 2.5% of Generali Powszechne Towarzystwo Emerytalne’s investment portfolio, making the stock its 19th largest position. Generali Powszechne Towarzystwo Emerytalne’s holdings in Boeing were worth $13,932,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Boeing by 5.1% in the 4th quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer’s stock worth $15,413,227,000 after buying an additional 3,460,021 shares in the last quarter. Newport Trust Company LLC raised its position in shares of Boeing by 1.0% during the 4th quarter. Newport Trust Company LLC now owns 29,485,294 shares of the aircraft producer’s stock valued at $6,401,847,000 after buying an additional 286,848 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Boeing by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 17,025,435 shares of the aircraft producer’s stock valued at $3,679,592,000 after buying an additional 533,753 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Boeing by 2.5% during the 4th quarter. Fisher Asset Management LLC now owns 5,640,900 shares of the aircraft producer’s stock worth $1,224,752,000 after acquiring an additional 135,860 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Boeing by 3.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,370,415 shares of the aircraft producer’s stock worth $948,905,000 after acquiring an additional 138,469 shares during the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing won a major roughly $2 billion Space Force/MUOS satellite contract, extending military communications capability and reinforcing its defense-and-space backlog. BA Stock: Boeing Secures $2B Satellite Contract From Department Of War
• Positive Sentiment: Boeing’s Aviation Business Solutions launched SkyGuard with CYVIATION, adding a cyber-risk monitoring service that could appeal to airlines facing rising regulatory and security demands. CYVIATION Partners with Boeing on New SkyGuard Service
• Positive Sentiment: The White House meeting between defense CEOs and President Trump highlighted pressure to boost U.S. weapons production, a backdrop that could support Boeing’s defense business. Trump meets defense CEOs as Iran operations strain U.S. missile stockpiles
• Neutral Sentiment: Coverage noting Boeing is a trending stock suggests elevated investor attention, but it did not include a new fundamental catalyst. Here is What to Know Beyond Why The Boeing Company (BA) is a Trending Stock
• Negative Sentiment: Investor concern remains over the 777X timeline and ETOPS testing, with Kelly Ortberg saying there is “a lot of work to do,” which reinforces expectations that the jet may not enter service until 2027. “..A Lot of Work to Do”: Boeing Stock (NYSE:BA) Slips as Kelly Ortberg Talks ETOPS Testing

Wall Street Analyst Weigh In

A number of research analysts recently commented on BA shares. Weiss Ratings cut Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Wells Fargo & Company assumed coverage on Boeing in a research note on Wednesday, April 1st. They set an “overweight” rating and a $250.00 price target for the company. Wolfe Research reiterated an “outperform” rating and set a $275.00 price objective on shares of Boeing in a research report on Thursday, April 23rd. Jefferies Financial Group reissued a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. Finally, 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, April 23rd. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Boeing presently has a consensus rating of “Moderate Buy” and an average target price of $262.32.

Insider Buying and Selling

In other Boeing news, Director Bradley D. Tilden bought 1,370 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was acquired 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. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.10% of the stock is owned by corporate insiders.

Boeing Price Performance

BA opened at $217.96 on Friday. The company has a debt-to-equity ratio of 7.42, a current ratio of 1.18 and a quick ratio of 0.35. The stock’s 50 day simple moving average is $224.08 and its 200 day simple moving average is $223.52. The firm has a market cap of $171.82 billion, a price-to-earnings ratio of 105.80 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.

Boeing (NYSE:BA) last announced its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.68) by $0.48. The company had revenue of $22.22 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm posted ($0.49) EPS. As a group, analysts predict that The Boeing Company will post -0.15 earnings per share for the current 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.