Verde Servicos Internacionais S.A. Invests $9.09 Million in The Boeing Company $BA

Verde Servicos Internacionais S.A. purchased a new stake in The Boeing Company (NYSE:BA) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 45,693 shares of the aircraft producer’s stock, valued at approximately $9,094,000. Boeing accounts for 2.8% of Verde Servicos Internacionais S.A.’s holdings, making the stock its 11th largest position.

Other institutional investors have also modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new position in Boeing in the third quarter worth about $25,000. Strive Financial Group LLC acquired a new position in Boeing in the fourth quarter valued at approximately $25,000. Ares Financial Consulting LLC bought a new position in shares of Boeing during the fourth quarter valued at approximately $26,000. CrossGen Wealth LLC bought a new position in shares of Boeing during the fourth quarter valued at approximately $26,000. Finally, Strategic Wealth Advisors LLC acquired a new stake in shares of Boeing during the 4th quarter worth approximately $27,000. Institutional investors own 64.82% of the company’s stock.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing’s experimental Q4S quantum networking satellite cleared a key ground-testing milestone, supporting the company’s longer-term space and communications ambitions. Boeing (BA) Reaches A Key Q4S Quantum Satellite Test Milestone
• Positive Sentiment: British Airways flying more Boeing 787-10 Dreamliners highlights continued demand for Boeing aircraft in commercial aviation. British Airways is suddenly flying its Boeing 787-10 Dreamliners more than ever
• Neutral Sentiment: Boeing named a new Southeast Asia leader, a management update that may help regional execution but is unlikely to move the stock on its own. Boeing Names New Southeast Asia Leader
• Neutral Sentiment: Several commentary pieces compared Boeing with Airbus or discussed valuation after recent operational scrutiny, reinforcing that investors are weighing upside against execution risk. Boeing (BA) Stock After Recent Operational Scrutiny Is The Current Valuation Attractive
• Negative Sentiment: Articles flagged Boeing as falling more than the broader market and cited ongoing operational concerns, which likely pressured sentiment. Boeing (BA) Registers a Bigger Fall Than the Market: Important Facts to Note
• Negative Sentiment: Coverage about growing competition in aerospace suggests Boeing faces pressure from rivals, which can weigh on the stock. Growing Competition Sends Boeing Stock (NYSE:BA) Down

Analyst Ratings Changes

BA has been the topic of several recent research reports. Jefferies Financial Group reissued a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. Wolfe Research restated an “outperform” rating and set a $275.00 price objective on shares of Boeing in a research note on Thursday, April 23rd. Tigress Financial increased their target price on Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Wells Fargo & Company assumed coverage on shares of Boeing in a report on Wednesday, April 1st. They set an “overweight” rating and a $250.00 price target for the company. Finally, Citigroup upped their price target on shares of Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Boeing currently has a consensus rating of “Moderate Buy” and a consensus target price of $262.32.

Boeing Stock Performance

BA opened at $216.98 on Wednesday. The business has a 50 day moving average price of $224.23 and a two-hundred day moving average price of $223.28. 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 company has a market capitalization of $171.05 billion, a price-to-earnings ratio of 105.33 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 posted its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.48. The firm had revenue of $22.22 billion during the quarter, compared to the consensus estimate of $22.15 billion. The firm’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.49) EPS. Research analysts predict that The Boeing Company will post -0.15 EPS for the current fiscal year.

Insider Buying and Selling

In other Boeing news, Director Bradley D. Tilden purchased 1,370 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were purchased at an average cost of $218.50 per share, for a total transaction of $299,345.00. Following the completion of the transaction, the director owned 1,370 shares in the company, valued at $299,345. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.10% of the company’s stock.

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.