Wellington Shields Capital Management LLC Grows Stake in The Boeing Company $BA

Wellington Shields Capital Management LLC grew its position in shares of The Boeing Company (NYSE:BA) by 8.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,814 shares of the aircraft producer’s stock after buying an additional 3,474 shares during the period. Boeing accounts for 1.5% of Wellington Shields Capital Management LLC’s investment portfolio, making the stock its 14th largest position. Wellington Shields Capital Management LLC’s holdings in Boeing were worth $9,672,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in BA. Harbor Asset Planning Inc. purchased a new stake in shares of Boeing during the 2nd quarter valued at $25,000. Davis Capital Management bought a new position in shares of Boeing during the third quarter valued at about $33,000. Howard Hughes Medical Institute bought a new position in Boeing during the 2nd quarter worth approximately $34,000. Decker Retirement Planning Inc. bought a new position in shares of Boeing in the second quarter worth approximately $35,000. Finally, IMG Wealth Management Inc. grew its holdings in Boeing by 159.4% in the 2nd quarter. IMG Wealth Management Inc. now owns 179 shares of the aircraft producer’s stock worth $38,000 after acquiring an additional 110 shares during the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing Stock Performance

Shares of NYSE BA opened at $243.21 on Friday. The Boeing Company has a 52-week low of $128.88 and a 52-week high of $254.35. The company has a debt-to-equity ratio of 8.37, a quick ratio of 0.40 and a current ratio of 1.19. The firm’s fifty day moving average is $224.76 and its two-hundred day moving average is $219.09. The company has a market cap of $191.00 billion, a P/E ratio of 121.00, a P/E/G ratio of 11.66 and a beta of 1.15.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on BA. Morgan Stanley set a $245.00 target price on shares of Boeing in a research note on Wednesday, January 28th. New Street Research set a $257.00 price target on Boeing in a research report on Tuesday, December 9th. Sanford C. Bernstein restated an “outperform” rating on shares of Boeing in a report on Wednesday, January 28th. Citigroup restated a “buy” rating on shares of Boeing in a research note on Thursday. Finally, Loop Capital set a $223.00 price target on Boeing in a report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $246.14.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: India reportedly stands ready to order up to $80 billion of Boeing aircraft following a U.S.–India trade understanding — a multi‑year, high‑value demand opportunity that would materially boost commercial backlog if converted to firm orders. India to reportedly buy up to $80 billion in Boeing aircraft
• Positive Sentiment: Saudia is in early talks with Boeing (and Airbus) for what Bloomberg reports could be ~150 jets — another potential large order that supports narrowbody and widebody production demand. Saudia talks with Boeing, Airbus for large jet order
• Positive Sentiment: Boeing reported a blowout quarterly EPS and revenue beat in late January and has seen upward analyst actions/price‑target increases — this recent earnings strength supports current valuation and investor optimism. MarketBeat: Boeing trading/earnings summary
• Positive Sentiment: Aftermarket and delivery wins: Boeing signed a record landing‑gear services deal with Singapore Airlines and lessor CDB Aviation delivered three 737‑8s to WestJet; Boeing also won a ~$2.8B F‑15 upgrade contract for South Korea — all support recurring revenue and backlog. Landing gear deal CDB Aviation delivery F-15 contract
• Neutral Sentiment: Two Boeing executive VPs disclosed recent share sales (SEC filings) — typical liquidity actions but can attract investor attention; filings are routine and not flagged as insider lack of confidence. Insider sale filing
• Neutral Sentiment: Boeing is shifting some 787 engineering work to South Carolina and targeting a production first flight for the 777X in April — operational moves that could lower costs and unlock new production milestones but carry execution risk. 787 engineering move 777X first flight target
• Negative Sentiment: Thirty‑one families have asked an appeals court to revive a criminal case over two 737 Max crashes — renewed criminal litigation would increase legal exposure and reputational risk. Families ask to revive criminal case
• Negative Sentiment: The UK CAA is probing a Boeing 787 fuel‑switch incident involving Air India — regulatory scrutiny could lead to inspections, operational impacts or further oversight. UK CAA probe
• Negative Sentiment: Boeing’s defense unit is cutting roughly 300 supply‑chain roles and trimming personnel — may reduce costs but signals near‑term disruption and execution risk that could pressure near‑term performance. Defense unit job cuts

Insider Activity at Boeing

In related news, SVP Dana S. Deasy purchased 554 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was bought at an average cost of $178.88 per share, for a total transaction of $99,099.52. Following the completion of the transaction, the senior vice president directly owned 28,442 shares in the company, valued at $5,087,704.96. This represents a 1.99% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Howard E. Mckenzie sold 10,497 shares of the firm’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $233.99, for a total transaction of $2,456,193.03. Following the completion of the sale, the executive vice president owned 14,692 shares of the company’s stock, valued at $3,437,781.08. This trade represents a 41.67% decrease in their position. The SEC filing for this sale provides additional information. 0.09% of the stock is currently owned by insiders.

About Boeing

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.