Jacobs & Co. CA Cuts Stake in The Boeing Company $BA

Jacobs & Co. CA lessened its stake in shares of The Boeing Company (NYSE:BA) by 6.3% during the fourth quarter, HoldingsChannel reports. The firm owned 54,706 shares of the aircraft producer’s stock after selling 3,684 shares during the period. Jacobs & Co. CA’s holdings in Boeing were worth $11,877,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. N.E.W. Advisory Services LLC raised its holdings in shares of Boeing by 3.1% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 1,540 shares of the aircraft producer’s stock valued at $332,000 after buying an additional 46 shares during the period. Motco boosted its holdings in Boeing by 5.4% in the 3rd quarter. Motco now owns 921 shares of the aircraft producer’s stock worth $199,000 after acquiring an additional 47 shares during the period. Encompass Wealth Advisors LLC boosted its holdings in Boeing by 0.9% in the 3rd quarter. Encompass Wealth Advisors LLC now owns 5,045 shares of the aircraft producer’s stock worth $1,089,000 after acquiring an additional 47 shares during the period. Jacobsen Capital Management grew its position in Boeing by 4.6% in the third quarter. Jacobsen Capital Management now owns 1,070 shares of the aircraft producer’s stock valued at $231,000 after acquiring an additional 47 shares in the last quarter. Finally, Hemington Wealth Management grew its position in Boeing by 8.9% in the third quarter. Hemington Wealth Management now owns 586 shares of the aircraft producer’s stock valued at $126,000 after acquiring an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing Stock Down 2.3%

NYSE:BA opened at $205.87 on Thursday. 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 $161.68 billion, a price-to-earnings ratio of 102.43 and a beta of 1.14. The Boeing Company has a one year low of $128.88 and a one year high of $254.35. The stock has a 50-day simple moving average of $234.07 and a 200 day simple moving average of $218.75.

Boeing (NYSE:BA) last released its earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, topping analysts’ consensus estimates of ($0.40) by $10.32. The firm had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $22.41 billion. The company’s quarterly revenue was up 57.1% on a year-over-year basis. During the same period in the prior year, the business earned ($5.90) EPS. Sell-side analysts predict that The Boeing Company will post -2.58 EPS for the current fiscal year.

Insider Transactions at Boeing

In other Boeing news, EVP Howard E. Mckenzie sold 10,497 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $233.99, for a total transaction of $2,456,193.03. Following the completion of the sale, the executive vice president owned 14,692 shares in the company, valued at $3,437,781.08. The trade was a 41.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Uma M. Amuluru sold 1,503 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $233.78, for a total transaction of $351,371.34. Following the sale, the executive vice president directly owned 19,015 shares in the company, valued at $4,445,326.70. This trade represents a 7.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 21,012 shares of company stock valued at $4,980,687. 0.10% of the stock is currently owned by insiders.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: FAA allowed Boeing to advance the 777-9 into the fourth phase of certification testing — a meaningful program milestone that keeps the 777X closer to delivery and future revenue upside. FAA nod propels Boeing’s 777-9 into fourth certification stage
• Positive Sentiment: Boeing secured a $489.31M Naval Air Systems Command contract for engineering and test kits, supporting defense revenue and cash flow diversification beyond commercial aviation. Boeing (BA) Secures $489.31M Contract From The Naval Air Systems Command
• Neutral Sentiment: BofA commentary and management remarks show production ramps and defense strength, but underline near-term margin pressure — important context but not a clear directional catalyst on its own. Boeing Seen Steady On Production, Defense Upside Despite Near-Term Margin Pressure, Says BofA Analyst
• Neutral Sentiment: Company and analysts flag a recent 737 MAX wiring issue as a modest, temporary delivery delay — impacts likely limited to near-term cash flow rather than long-term demand. Boeing’s 737 MAX Wiring Issue Is a Minor Hiccup. These Are the Real Threats.
• Negative Sentiment: A federal judge certified a shareholder class action over alleged concealment of 737 MAX safety defects — potential legal, settlement and reputational risk remain unresolved. Boeing shareholders can pursue class action over 737 MAX safety
• Negative Sentiment: Boeing said integration costs from its Spirit AeroSystems acquisition pushed commercial margins lower and delayed the commercial division’s return to profit until 2027 — a direct explanation for near-term margin compression and investor concern. Boeing Expects Challenges From Absorption of Spirit AeroSystems
• Negative Sentiment: Atlas Air’s order for Airbus A350 freighters signals competitive pressure in widebody cargo demand and underscores uncertainty around Boeing’s freighter timelines (777-8F), which could affect future widebody sales. Atlas Air Airbus Shift Tests Confidence In Boeing Widebody Freighters

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Argus raised shares of Boeing to a “hold” rating in a research report on Monday, February 2nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. Citigroup reaffirmed a “buy” rating on shares of Boeing in a research note on Thursday, February 5th. Wolfe Research reiterated an “outperform” rating on shares of Boeing in a report on Tuesday, January 27th. Finally, Zacks Research raised shares of Boeing from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 2nd. One 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $246.14.

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.