Kingsman Wealth Management Inc. raised its position in shares of The Boeing Company (NYSE:BA – Free Report) by 193.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,189 shares of the aircraft producer’s stock after purchasing an additional 2,762 shares during the quarter. Kingsman Wealth Management Inc.’s holdings in Boeing were worth $910,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the company. Ninety One UK Ltd purchased a new position in shares of Boeing during the 3rd quarter valued at $192,734,000. Vanguard Group Inc. increased its stake 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 buying an additional 756,057 shares in the last quarter. Newport Trust Company LLC increased its stake in Boeing by 2.5% in the 3rd quarter. Newport Trust Company LLC now owns 29,198,446 shares of the aircraft producer’s stock worth $6,301,901,000 after buying an additional 707,490 shares in the last quarter. Caxton Associates LLP raised its holdings in Boeing by 5,247.3% during the second quarter. Caxton Associates LLP now owns 443,022 shares of the aircraft producer’s stock valued at $92,826,000 after acquiring an additional 434,737 shares during the period. Finally, Great Lakes Advisors LLC lifted its position in shares of Boeing by 25,532.3% in the third quarter. Great Lakes Advisors LLC now owns 424,983 shares of the aircraft producer’s stock valued at $91,725,000 after acquiring an additional 423,325 shares in the last quarter. 64.82% of the stock is currently owned by institutional investors.
Insider Transactions at Boeing
In other Boeing news, Director Mortimer J. Buckley purchased 2,230 shares of Boeing stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average price of $224.20 per share, for a total transaction of $499,966.00. Following the completion of the transaction, the director owned 4,430 shares of the company’s stock, valued at approximately $993,206. This trade represents a 101.36% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Howard E. Mckenzie sold 10,497 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $233.99, for a total transaction of $2,456,193.03. Following the sale, the executive vice president directly owned 14,692 shares in the company, valued at approximately $3,437,781.08. The trade was a 41.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 21,012 shares of company stock valued at $4,980,687 over the last 90 days. Insiders own 0.10% of the company’s stock.
Boeing Trading Up 1.1%
Boeing (NYSE:BA – Get Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, beating analysts’ consensus estimates of ($0.40) by $10.32. The firm had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $22.41 billion. Boeing’s quarterly revenue was up 57.1% on a year-over-year basis. During the same period in the previous year, the company posted ($5.90) earnings per share. Equities research analysts predict that The Boeing Company will post -2.58 EPS for the current fiscal year.
Boeing News Summary
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Won a new contract with the U.S. Air Force — a nine‑figure order that boosts government backlog and near‑term defense revenue visibility. Boeing Stock (NYSE:BA) Notches Up With Air Force Deal
- Positive Sentiment: Delivery of the ViaSat‑3 satellite for the Asia‑Pacific market demonstrates execution in Boeing’s space/commercial programs and potential near‑term revenue recognition. Boeing delivers ViaSat‑3 satellite
- Positive Sentiment: Easing geopolitical risk (U.S.–Iran ceasefire) has lifted commercial aerospace sentiment, helping BA shares as investors rotate back into cyclicals and defense names. Why Boeing (BA) Stock Is Up Today
- Neutral Sentiment: Macro/sector chatter: commentators point to ongoing aircraft production supporting suppliers (e.g., GE Aerospace), which implies sustained demand for engines if Boeing keeps building — indirect support but not a direct BA catalyst. Jim Cramer on GE Aerospace
- Neutral Sentiment: Analysts and outlets note potential upcoming China and Iran catalysts that could swing sentiment, but outcomes and timing remain uncertain. Boeing stock price may have a China and Iran catalyst soon
- Negative Sentiment: Shareholder litigation solicitation alleges insider fiduciary breaches — a reminder of legal and reputational risk that can pressure the stock if it develops into a formal class action. Did The Boeing Company Insiders Breach their Fiduciary Duties?
- Negative Sentiment: Ongoing operational concerns: coverage highlights a 9.2% three‑month drop and a 14% slide since earnings tied to production delays, cancellations and supply‑chain issues — factors that weigh on growth forecasts and justify a cautious valuation multiple. Boeing Declines 9.2% in Three Months Boeing Stock Is Down 14% Since Earnings
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on BA shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Boeing in a research note on Wednesday, March 4th. UBS Group boosted their price target on Boeing from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Tigress Financial upped their price target on Boeing from $275.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Citigroup cut their price objective on shares of Boeing from $290.00 to $256.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Boeing in a report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $252.48.
View Our Latest Analysis on BA
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.
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