The Boeing Company $BA Shares Bought by Evelyn Partners Investment Management LLP

Evelyn Partners Investment Management LLP grew its holdings in The Boeing Company (NYSE:BA) by 88.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 16,347 shares of the aircraft producer’s stock after buying an additional 7,657 shares during the quarter. Evelyn Partners Investment Management LLP’s holdings in Boeing were worth $3,254,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new position in Boeing during the third quarter worth $25,000. Strive Financial Group LLC acquired a new position in shares of Boeing during the 4th quarter valued at about $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Boeing in the fourth quarter valued at about $26,000. CrossGen Wealth LLC purchased a new position in Boeing during the fourth quarter worth about $26,000. Finally, Strategic Wealth Advisors LLC acquired a new position in Boeing in the 4th quarter valued at about $27,000. 64.82% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Boeing news, Director Bradley D. Tilden purchased 1,370 shares of Boeing stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average price of $218.50 per share, with a total value of $299,345.00. Following the completion of the transaction, the director owned 1,370 shares of the company’s stock, valued at $299,345. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.10% of the company’s stock.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The Federal Aviation Administration recently restored Boeing’s authority to issue airworthiness certificates for newly produced 737 MAX and 787 aircraft after months of testing and safety audits. The milestone could help reduce delivery bottlenecks and supports the view that the 737 MAX recovery is progressing. Does Boeing’s FAA Win Signal the 737 MAX Turnaround Is Finally Underway?
• Positive Sentiment: Emirates reportedly remains eager to receive the larger 777X aircraft, offering a positive demand signal for Boeing’s long-delayed wide-body program. Continued customer interest could reinforce the program’s long-term revenue potential, although delivery timing remains important. Emirates Eager to See Bigger 777X Aircraft, Boeing Stock Gains
• Neutral Sentiment: Boeing is scheduled to report second-quarter results before the bell on July 28. Analysts expect a narrower loss, but investors will focus more heavily on free cash flow, production rates, aircraft deliveries, backlog conversion and management’s outlook for the turnaround. Boeing Set to Report Earnings – Here’s What Investors Should Watch
• Neutral Sentiment: Boeing earnings are one of the week’s major market events alongside reports from Ford and Visa, consumer-confidence data, inflation figures and the Federal Reserve meeting. These broader catalysts could increase volatility in BA and influence expectations for aerospace demand and interest rates. Boeing & Ford Earnings, July Consumer Confidence: What to Watch
• Negative Sentiment: The earnings preview highlights continued turnaround risk. Boeing’s stock has declined over the past year, while its substantial debt burden and weak liquidity metrics leave little room for production setbacks or additional cash needs. Investors are seeking clear evidence that manufacturing and deliveries are improving. Boeing Q2 Earnings Preview: What to Expect

Analyst Ratings Changes

BA has been the subject of a number of recent analyst reports. Btg Pactual set a $260.00 price target on shares of Boeing in a report on Tuesday, July 14th. Morgan Stanley lifted their target price on Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. Citigroup raised their price objective on Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Wolfe Research reaffirmed an “outperform” rating and issued a $275.00 target price on shares of Boeing in a research report on Thursday, April 23rd. Finally, Wells Fargo & Company began coverage on shares of Boeing in a research report on Wednesday, April 1st. They set an “overweight” rating and a $250.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $261.53.

Boeing Stock Performance

Shares of Boeing stock opened at $211.69 on Tuesday. The stock has a market capitalization of $166.88 billion, a price-to-earnings ratio of 102.76 and a beta of 1.21. 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 business has a 50-day moving average of $219.17 and a 200 day moving average of $224.20. The Boeing Company has a 12 month low of $176.77 and a 12 month high of $254.35.

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.