Quadrature Capital Ltd Boosts Stock Position in The Boeing Company $BA

Quadrature Capital Ltd lifted its holdings in shares of The Boeing Company (NYSE:BA) by 20.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 192,936 shares of the aircraft producer’s stock after buying an additional 32,383 shares during the quarter. Quadrature Capital Ltd’s holdings in Boeing were worth $41,636,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Boeing by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 67,529,417 shares of the aircraft producer’s stock worth $14,574,874,000 after acquiring an additional 756,057 shares in the last quarter. Newport Trust Company LLC lifted its holdings in Boeing by 2.5% during the third quarter. Newport Trust Company LLC now owns 29,198,446 shares of the aircraft producer’s stock valued at $6,301,901,000 after purchasing an additional 707,490 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of Boeing by 3.3% in the third quarter. Fisher Asset Management LLC now owns 5,505,040 shares of the aircraft producer’s stock valued at $1,188,153,000 after purchasing an additional 177,597 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Boeing by 1.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 4,242,397 shares of the aircraft producer’s stock valued at $888,910,000 after purchasing an additional 44,338 shares during the period. Finally, Legal & General Group Plc increased its stake in shares of Boeing by 7.1% during the third quarter. Legal & General Group Plc now owns 3,369,615 shares of the aircraft producer’s stock worth $727,264,000 after purchasing an additional 223,995 shares in the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing Trading Down 4.3%

BA opened at $204.90 on Friday. The firm has a market capitalization of $160.92 billion, a price-to-earnings ratio of 101.94 and a beta of 1.14. The company’s 50 day simple moving average is $235.53 and its two-hundred day simple moving average is $219.51. The Boeing Company has a 1-year low of $128.88 and a 1-year high of $254.35. The company has a debt-to-equity ratio of 8.37, a current ratio of 1.19 and a quick ratio of 0.40.

Boeing (NYSE:BA) last posted its quarterly earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.40) by $10.32. The company had revenue of $23.95 billion during the quarter, compared to analysts’ expectations of $22.41 billion. During the same quarter last year, the company earned ($5.90) earnings per share. Boeing’s revenue for the quarter was up 57.1% on a year-over-year basis. Analysts expect that The Boeing Company will post -2.58 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on BA. Royal Bank Of Canada raised their price target on shares of Boeing from $265.00 to $275.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. BNP Paribas Exane set a $150.00 price objective on Boeing in a research note on Tuesday, November 18th. Sanford C. Bernstein reissued an “outperform” rating on shares of Boeing in a report on Wednesday, January 28th. TD Cowen restated a “buy” rating on shares of Boeing in a research report on Wednesday, January 28th. Finally, Argus upgraded Boeing to a “hold” rating in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $246.14.

Trending Headlines about Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: February deliveries hit a nine-year high and outpaced Airbus, showing production progress and demand momentum. Boeing Logs Best February Deliveries Since 2017. There’s One Problem.
• Positive Sentiment: Boeing won a sizable defense/aircraft contract (including a new Israel deal), supporting future revenue from government programs. Boeing Stock (NYSE:BA) Slips Despite Huge New Israel Deal
• Neutral Sentiment: Analysts remain broadly positive with multiple buy/overweight ratings and price targets well above current levels, which supports medium-term upside but hasn’t offset short-term concerns. Boeing Stock (NYSE:BA) Slips Despite Huge New Israel Deal
• Neutral Sentiment: Boeing says the 737 MAX wiring issue is not expected to change its broader 2026 delivery ambitions, but timing uncertainty remains. Boeing shares fall as 737 MAX wiring rework raises risk of near-term delivery delays
• Negative Sentiment: Newly disclosed wiring damage on undelivered 737 MAX jets requires inspections and rework, creating risk of near-term delivery delays and pressuring cash flow/timing expectations. Boeing Shares Lower As Rework On 737 MAX Jets Could Delay Deliveries
• Negative Sentiment: Quality concerns extend to defense programs: a senior USAF general said Boeing must fix ongoing KC-46 tanker problems before the U.S. orders more, raising program and revenue execution risk. USAF general says Boeing has to fix tanker problems before US orders more
• Negative Sentiment: Market reaction has been amplified by lingering investor skepticism about recurring quality control issues; the stock has given back recent gains and is trading with heavy volume below its 50-day moving average. Investors Are Betting on Boeing’s Turnaround Even as Quality Questions Linger

Insider Buying and Selling

In other news, EVP Uma M. Amuluru sold 2,731 shares of Boeing stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $236.00, for a total transaction of $644,516.00. Following the transaction, the executive vice president owned 11,925 shares in the company, valued at $2,814,300. The trade was a 18.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mortimer J. Buckley purchased 2,230 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average cost of $224.20 per share, for a total transaction of $499,966.00. Following the transaction, the director owned 4,430 shares in the company, valued at approximately $993,206. The trade was a 101.36% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders sold 21,012 shares of company stock worth $4,980,687. 0.09% of the stock is currently owned by corporate insiders.

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.