Nicolet Advisory Services LLC boosted its position in The Boeing Company (NYSE:BA – Free Report) by 47.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,555 shares of the aircraft producer’s stock after purchasing an additional 5,992 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Boeing were worth $4,116,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BA. Nicolet Bankshares Inc. lifted its stake in shares of Boeing by 4.6% during the third quarter. Nicolet Bankshares Inc. now owns 4,075 shares of the aircraft producer’s stock valued at $880,000 after buying an additional 179 shares during the period. Private Management Group Inc. boosted its position in Boeing by 24.2% during the third quarter. Private Management Group Inc. now owns 3,840 shares of the aircraft producer’s stock worth $829,000 after acquiring an additional 747 shares during the last quarter. Regal Investment Advisors LLC grew its stake in Boeing by 11.8% in the 3rd quarter. Regal Investment Advisors LLC now owns 4,289 shares of the aircraft producer’s stock worth $926,000 after acquiring an additional 452 shares during the period. Alpha Wave Global LP grew its stake in Boeing by 18.8% in the 3rd quarter. Alpha Wave Global LP now owns 148,459 shares of the aircraft producer’s stock worth $32,042,000 after acquiring an additional 23,500 shares during the period. Finally, Chesapeake Capital Corp IL acquired a new position in Boeing in the 3rd quarter valued at $485,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the company. Citigroup restated a “buy” rating on shares of Boeing in a report on Thursday, February 5th. JPMorgan Chase & Co. upped their target price on Boeing from $245.00 to $270.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. Wolfe Research reiterated an “outperform” rating on shares of Boeing in a research report on Tuesday, January 27th. UBS Group raised their price target on Boeing from $275.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Royal Bank Of Canada lifted their price target on Boeing from $265.00 to $275.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $246.14.
Boeing Stock Up 2.5%
Shares of NYSE BA opened at $209.97 on Friday. The Boeing Company has a 52-week low of $128.88 and a 52-week high of $254.35. The firm has a fifty day moving average of $235.19 and a 200-day moving average of $219.39. The stock has a market capitalization of $164.90 billion, a PE ratio of 104.46 and a beta of 1.14. The company has a quick ratio of 0.40, a current ratio of 1.19 and a debt-to-equity ratio of 8.37.
Boeing (NYSE:BA – Get Free Report) last released its quarterly earnings data 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 analyst estimates of $22.41 billion. The company’s quarterly revenue was up 57.1% on a year-over-year basis. During the same quarter in the previous year, the company earned ($5.90) earnings per share. On average, analysts anticipate that The Boeing Company will post -2.58 EPS for the current year.
Insider Transactions at Boeing
In other Boeing news, SVP Ann M. Schmidt sold 6,281 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $243.37, for a total transaction of $1,528,606.97. Following the completion of the sale, the senior vice president directly owned 13,978 shares in the company, valued at $3,401,825.86. This represents a 31.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Howard E. Mckenzie sold 10,497 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president owned 14,692 shares in the company, valued at approximately $3,437,781.08. This trade represents a 41.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,012 shares of company stock worth $4,980,687 in the last three months. 0.09% of the stock is currently owned by insiders.
Trending Headlines about Boeing
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Large U.S. Air Force E-7A/Wedgetail contract modification (~$2.34–$2.43B) expands Boeing’s defense backlog through 2032, providing near-term revenue visibility and supporting cash flow forecasts. Boeing wins $2.34B U.S. Air Force contract modification for E-7A aircraft
- Positive Sentiment: Reports note surging demand in military and other segments that could support higher production cadence and longer-term revenue upside (article highlights talk of “quadruple production” in some areas). This narrative boosts investor confidence in Boeing’s recovery trajectory. “Quadruple Production”: Boeing Stock (NYSE:BA) Jumps as Demand Surges
- Neutral Sentiment: Boeing’s commercial deliveries remain strong (February deliveries outpaced Airbus, hitting a multi‑year high), showing operational momentum even as quality checks continue. This helps offset near-term concerns. Boeing Deliveries Outpace Rival. Shares Dip On 737 MAX Wiring Issue.
- Neutral Sentiment: Broader contract awards reporting ( ~$2.49B update) highlights ongoing government work across Boeing and peers — supportive for backlog but not a game changer by itself. Boeing Contracts Get $2.49 Bil. Update; KC-135s Collide Over Iraq
- Negative Sentiment: Boeing is repairing up to ~25 undelivered 737 MAX jets after discovering wiring flaws caused by machining damage; deliveries may be delayed while inspections/rework proceed, pressuring near-term delivery counts and cash flow. Boeing repairing 25 737 MAX jets with wiring flaws, Bloomberg News reports
- Negative Sentiment: U.S. Air Force leadership has told lawmakers Boeing must fix ongoing KC‑46 tanker issues before additional orders, which could limit near-term follow‑on tanker revenue and weigh on program reputation. USAF general says Boeing has to fix tanker problems before US orders more
- Negative Sentiment: Investor sentiment remains cautious: recent wiring disclosures triggered share weakness over the past week as quality concerns persist despite strong delivery guidance and upbeat analyst coverage. Investors Are Betting on Boeing’s Turnaround Even as Quality Questions Linger
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.
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