First Trust Advisors LP Raises Stock Holdings in The Boeing Company $BA

First Trust Advisors LP lifted its position in shares of The Boeing Company (NYSE:BA) by 2.9% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 755,537 shares of the aircraft producer’s stock after buying an additional 21,274 shares during the period. First Trust Advisors LP’s holdings in Boeing were worth $150,374,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Boeing in the 3rd quarter valued at about $25,000. Strive Financial Group LLC acquired a new stake in Boeing during the 4th quarter worth approximately $25,000. Ares Financial Consulting LLC acquired a new stake in Boeing during the 4th quarter worth approximately $26,000. CrossGen Wealth LLC purchased a new position in Boeing in the fourth quarter valued at approximately $26,000. Finally, Strategic Wealth Advisors LLC acquired a new position in Boeing during the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on BA. Wells Fargo & Company initiated 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. Wolfe Research reiterated an “outperform” rating and set a $275.00 target price on shares of Boeing in a report on Thursday, April 23rd. Weiss Ratings lowered Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Btg Pactual set a $260.00 price target on Boeing in a report on Tuesday, July 14th. Finally, Citigroup raised their price target on shares of Boeing from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Boeing presently has an average rating of “Moderate Buy” and an average target price of $261.53.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing is making progress toward FAA certification of the 737 Max 10, with more than 1,500 aircraft orders waiting for approval; a green light this fall could lift future delivery and revenue prospects. Boeing Nears Max 10 Certification With 1,500+ Orders Awaiting Approval
• Positive Sentiment: The company continues to see stronger commercial deliveries and production gains heading into Q2, which could help revenue growth if supply constraints do not worsen. Buy, Hold or Sell Boeing Stock? Key Insights Ahead of Q2 Earnings
• Positive Sentiment: Boeing won a quiet order race at the Farnborough airshow, reinforcing that demand for its aircraft remains intact even as the broader aerospace industry faces supply limits. Boeing Wins Quiet Airshow Order Race
• Neutral Sentiment: Analysts and market commentary remain focused on Boeing’s upcoming Q2 results, including revenue, EPS, deliveries, and cash flow, making the report the next major catalyst for the stock. Exploring Analyst Estimates for Boeing (BA) Q2 Earnings, Beyond Revenue and EPS
• Neutral Sentiment: Industry coverage from Farnborough suggested Boeing and Airbus are still divided by production-rate expectations, underscoring that execution, not just demand, will determine the pace of recovery. Airbus, Boeing fly in different directions at Farnborough
• Negative Sentiment: Reports that China is seeking new Boeing order terms are adding uncertainty to a key international market and raising doubts about the durability of the Trump-Xi deal backdrop. China is said to seek new Boeing order terms, raising doubts on Trump-Xi deal
• Negative Sentiment: Traders are also weighing supply-chain bottlenecks and a bearish chart setup, with Boeing trading below key moving averages ahead of earnings. Boeing Stock Sits Below All Four Key Moving Averages Ahead of Q2 Earnings

Insider Buying and Selling

In other Boeing news, Director Bradley D. Tilden purchased 1,370 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was acquired at an average cost of $218.50 per share, with a total value of $299,345.00. Following the acquisition, the director owned 1,370 shares of the company’s stock, valued at approximately $299,345. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.10% of the stock is currently owned by corporate insiders.

Boeing Trading Up 0.2%

NYSE BA opened at $209.03 on Friday. The Boeing Company has a 12 month low of $176.77 and a 12 month high of $254.35. 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 $164.78 billion, a price-to-earnings ratio of 101.47 and a beta of 1.21. The company’s fifty day moving average price is $219.57 and its two-hundred day moving average price is $224.46.

Boeing (NYSE:BA) last announced its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, beating the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.49) earnings per share. As a group, research analysts predict that The Boeing Company will post -0.33 earnings per share for the current fiscal year.

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.