Boeing Company (The) (NYSE:BA) had its price target upped by Deutsche Bank AG from $225.00 to $280.00 in a research note published on Thursday morning. They currently have a buy rating on the aircraft producer’s stock.

Other research analysts also recently issued research reports about the company. Cowen and Company upped their price objective on Boeing Company (The) from $9.80 to $300.00 in a report on Wednesday, July 26th. Gabelli reaffirmed a buy rating on shares of Boeing Company (The) in a report on Friday, April 7th. Berenberg Bank started coverage on Boeing Company (The) in a report on Wednesday, March 29th. They set a buy rating and a $202.00 price objective on the stock. Vetr raised Boeing Company (The) from a hold rating to a buy rating and set a $183.96 price objective on the stock in a report on Wednesday, April 12th. Finally, ValuEngine raised Boeing Company (The) from a hold rating to a buy rating in a report on Friday, June 2nd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and fifteen have given a buy rating to the company’s stock. Boeing Company (The) has a consensus rating of Hold and a consensus price target of $217.89.

Shares of Boeing Company (NYSE BA) opened at 241.27 on Thursday. Boeing Company has a 1-year low of $126.31 and a 1-year high of $242.68. The stock has a 50 day moving average price of $204.97 and a 200-day moving average price of $183.62. The company has a market cap of $142.61 billion, a P/E ratio of 21.14 and a beta of 1.12.

Boeing Company (The) (NYSE:BA) last posted its quarterly earnings data on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.23. Boeing Company (The) had a return on equity of 2,185.10% and a net margin of 7.84%. The firm had revenue of $22.74 billion for the quarter, compared to the consensus estimate of $22.97 billion. During the same quarter in the prior year, the business earned ($0.44) EPS. The business’s revenue for the quarter was down 8.1% compared to the same quarter last year. Analysts predict that Boeing Company will post $9.80 earnings per share for the current fiscal year.

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The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 11th will be issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend is Wednesday, August 9th. Boeing Company (The)’s dividend payout ratio (DPR) is presently 49.74%.

In other news, EVP Leanne G. Caret sold 2,400 shares of the firm’s stock in a transaction dated Wednesday, May 3rd. The stock was sold at an average price of $182.73, for a total value of $438,552.00. Following the completion of the transaction, the executive vice president now owns 44,710 shares in the company, valued at approximately $8,169,858.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP J Michael Luttig sold 7,986 shares of the firm’s stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $183.78, for a total value of $1,467,667.08. Following the completion of the transaction, the executive vice president now owns 39,251 shares of the company’s stock, valued at approximately $7,213,548.78. The disclosure for this sale can be found here. Insiders sold a total of 63,403 shares of company stock valued at $11,666,138 in the last 90 days. 0.28% of the stock is owned by corporate insiders.

Several institutional investors have recently made changes to their positions in the stock. Proficio Capital Partners LLC increased its stake in shares of Boeing Company (The) by 181.9% in the first quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock valued at $115,000 after buying an additional 402 shares during the period. Thomas J. Herzfeld Advisors Inc. purchased a new stake in shares of Boeing Company (The) during the fourth quarter valued at about $109,000. MCF Advisors LLC increased its stake in shares of Boeing Company (The) by 9.5% in the first quarter. MCF Advisors LLC now owns 712 shares of the aircraft producer’s stock valued at $126,000 after buying an additional 62 shares during the period. SRS Capital Advisors Inc. increased its stake in shares of Boeing Company (The) by 16.9% in the first quarter. SRS Capital Advisors Inc. now owns 742 shares of the aircraft producer’s stock valued at $131,000 after buying an additional 107 shares during the period. Finally, Gemmer Asset Management LLC increased its stake in shares of Boeing Company (The) by 50.6% in the first quarter. Gemmer Asset Management LLC now owns 899 shares of the aircraft producer’s stock valued at $159,000 after buying an additional 302 shares during the period. Institutional investors own 72.99% of the company’s stock.

Boeing Company (The) Company Profile

The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry.

Analyst Recommendations for Boeing Company (The) (NYSE:BA)

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