Fiera Capital Corp Purchases 3,893 Shares of The Boeing Company $BA

Fiera Capital Corp increased its position in shares of The Boeing Company (NYSE:BAFree Report) by 18.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,289 shares of the aircraft producer’s stock after acquiring an additional 3,893 shares during the period. Fiera Capital Corp’s holdings in Boeing were worth $5,458,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of BA. Revolve Wealth Partners LLC purchased a new position in Boeing during the fourth quarter worth about $201,000. Sivia Capital Partners LLC boosted its position in shares of Boeing by 16.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock valued at $320,000 after acquiring an additional 217 shares during the last quarter. Ethic Inc. boosted its position in shares of Boeing by 28.6% during the 2nd quarter. Ethic Inc. now owns 12,224 shares of the aircraft producer’s stock valued at $2,623,000 after acquiring an additional 2,720 shares during the last quarter. First Citizens Bank & Trust Co. grew its holdings in shares of Boeing by 10.5% during the second quarter. First Citizens Bank & Trust Co. now owns 6,404 shares of the aircraft producer’s stock worth $1,342,000 after purchasing an additional 608 shares in the last quarter. Finally, Carnegie Investment Counsel increased its position in shares of Boeing by 54.8% in the second quarter. Carnegie Investment Counsel now owns 3,515 shares of the aircraft producer’s stock worth $737,000 after purchasing an additional 1,244 shares during the last quarter. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Argus raised shares of Boeing to a “hold” rating in a research note on Monday, February 2nd. Weiss Ratings upgraded shares of Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, February 4th. Loop Capital set a $223.00 target price on shares of Boeing in a research report on Monday, November 3rd. Tigress Financial reissued a “buy” rating and issued a $275.00 target price on shares of Boeing in a research note on Monday, December 29th. Finally, Susquehanna reaffirmed a “positive” rating and set a $280.00 price target on shares of Boeing in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $246.14.

Check Out Our Latest Report on BA

Boeing Price Performance

BA stock opened at $232.01 on Friday. The firm has a market cap of $182.21 billion, a P/E ratio of 115.43 and a beta of 1.15. The firm’s fifty day moving average is $232.55 and its 200 day moving average is $219.87. The Boeing Company has a 52 week low of $128.88 and a 52 week high of $254.35. The company has a debt-to-equity ratio of 8.37, a quick ratio of 0.40 and a current ratio of 1.19.

Boeing (NYSE:BAGet Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.40) by $10.32. The business had revenue of $23.95 billion for the quarter, compared to analysts’ expectations of $22.41 billion. During the same quarter in the previous year, the company earned ($5.90) earnings per share. The business’s quarterly revenue was up 57.1% on a year-over-year basis. Research analysts predict that The Boeing Company will post -2.58 earnings per share for the current year.

More Boeing News

Here are the key news stories impacting Boeing this week:

Insider Buying and Selling

In other Boeing news, EVP Howard E. Mckenzie sold 10,497 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $233.99, for a total value of $2,456,193.03. Following the completion of the sale, the executive vice president owned 14,692 shares in the company, valued at approximately $3,437,781.08. The trade was a 41.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Ann M. Schmidt sold 6,281 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $243.37, for a total value of $1,528,606.97. Following the sale, the senior vice president directly owned 13,978 shares of the company’s stock, valued at approximately $3,401,825.86. This trade represents a 31.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 19,509 shares of company stock worth $4,629,316. Insiders own 0.09% of the company’s stock.

Boeing Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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