Krilogy Financial LLC Has $2.15 Million Holdings in The Boeing Company $BA

Krilogy Financial LLC increased its holdings in shares of The Boeing Company (NYSE:BA) by 31.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,847 shares of the aircraft producer’s stock after purchasing an additional 2,332 shares during the quarter. Krilogy Financial LLC’s holdings in Boeing were worth $2,155,000 as of its most recent SEC filing.

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

Boeing Price Performance

Shares of BA opened at $220.19 on Thursday. The company’s 50-day moving average is $224.19 and its 200-day moving average is $223.41. 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 firm has a market capitalization of $173.57 billion, a PE ratio of 106.89 and a beta of 1.19. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35.

Boeing (NYSE:BA) last announced its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.68) by $0.48. The company had revenue of $22.22 billion for the quarter, compared to the consensus estimate of $22.15 billion. During the same period in the previous year, the firm posted ($0.49) EPS. The business’s quarterly revenue was up 14.0% on a year-over-year basis. Equities analysts forecast that The Boeing Company will post -0.15 EPS for the current year.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing secured a reported $2 billion MUOS satellite contract to build and support military communications satellites, a meaningful boost for its space and defense business. BA Stock: Boeing Secures $2B Satellite Contract From Department Of War
• Positive Sentiment: Analysts highlighted the MUOS work as another defense growth signal, suggesting Boeing may be gaining traction in higher-margin government programs. Boeing Gets Another Defense Growth Signal
• Positive Sentiment: Boeing’s defense momentum was reinforced by news that the White House is pressing defense contractors to ramp up weapons production, with Boeing CEO Kelly Ortberg among executives meeting President Trump. Trump meets defense CEOs as Iran operations strain U.S. missile stockpiles

Insider Activity

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

Wall Street Analysts Forecast Growth

BA has been the subject of a number of analyst reports. Tigress Financial raised their price target on Boeing from $290.00 to $295.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Wells Fargo & Company initiated coverage on shares of Boeing in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $250.00 target price for the company. Wolfe Research restated an “outperform” rating and set a $275.00 target price on shares of Boeing in a report on Thursday, April 23rd. Weiss Ratings lowered shares of Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Finally, Morgan Stanley increased their price target on shares of Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Boeing has a consensus rating of “Moderate Buy” and a consensus price target of $262.32.

Boeing 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.