Staley Capital Advisers Inc. Has $68.51 Million Stock Position in The Boeing Company $BA

Staley Capital Advisers Inc. lifted its holdings in The Boeing Company (NYSE:BA) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 315,518 shares of the aircraft producer’s stock after purchasing an additional 5,528 shares during the quarter. Boeing accounts for approximately 2.8% of Staley Capital Advisers Inc.’s holdings, making the stock its 8th largest position. Staley Capital Advisers Inc.’s holdings in Boeing were worth $68,505,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of BA. Measured Wealth Private Client Group LLC bought a new position in shares of Boeing in the third quarter worth $25,000. Ares Financial Consulting LLC bought a new position in shares of Boeing in the fourth quarter worth $26,000. Strategic Wealth Advisors LLC bought a new position in shares of Boeing in the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Boeing in the fourth quarter worth $28,000. Finally, American National Bank & Trust grew its stake in shares of Boeing by 124.2% in the fourth quarter. American National Bank & Trust now owns 139 shares of the aircraft producer’s stock worth $30,000 after purchasing an additional 77 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.

Insider Activity

In other news, EVP Uma M. Amuluru sold 1,503 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $233.78, for a total transaction of $351,371.34. Following the completion of the sale, the executive vice president directly owned 19,015 shares of the company’s stock, valued at $4,445,326.70. This represents a 7.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Ann M. Schmidt sold 6,281 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $243.37, for a total value of $1,528,606.97. Following the sale, the senior vice president directly owned 13,978 shares of the company’s stock, valued at approximately $3,401,825.86. This represents a 31.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

BA has been the subject of several recent analyst reports. Wolfe Research reissued an “outperform” rating and issued a $275.00 price target on shares of Boeing in a research note on Thursday, April 23rd. TD Cowen reissued a “buy” rating on shares of Boeing in a research note on Wednesday, January 28th. Royal Bank Of Canada upped their price objective on Boeing from $265.00 to $275.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. UBS Group upped their price objective on Boeing from $275.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Boeing has a consensus rating of “Moderate Buy” and an average price target of $259.60.

Boeing Trading Down 3.7%

Shares of Boeing stock opened at $220.63 on Friday. The company has a quick ratio of 0.35, a current ratio of 1.18 and a debt-to-equity ratio of 7.42. The firm has a market cap of $173.93 billion, a price-to-earnings ratio of 107.10 and a beta of 1.21. The business has a fifty day simple moving average of $217.61 and a 200-day simple moving average of $218.38. 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 quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.68) by $0.48. The firm had revenue of $22.22 billion during the quarter, compared to analyst estimates of $22.15 billion. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter last year, the company earned ($0.49) EPS. On average, equities analysts forecast that The Boeing Company will post -0.15 EPS for the current fiscal year.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: China’s reported agreement to buy 200 Boeing aircraft is still a meaningful commercial win and could help Boeing’s backlog and long-term sales outlook. Reuters: Trump says China to potentially buy 750 Boeing planes
• Positive Sentiment: Trump suggested the initial commitment could grow substantially, raising the possibility of a much larger follow-on order if talks progress. NYT/related coverage: Trump Announces Boeing Jet Order From China. Beijing Stays Silent.
• Neutral Sentiment: The deal remains vague, with no clear confirmation from Beijing and limited information on delivery timing, making it hard for investors to assess the financial impact. Bloomberg: Boeing Gets China Deal at Trump’s Visit, With Many Questions
• Negative Sentiment: The market had been expecting a much bigger order, so the reported 200-jet commitment disappointed traders and triggered a selloff in the shares. MarketWatch: Boeing’s stock drops as Trump’s order deal with China disappoints
• Negative Sentiment: Separate headlines about a $49.5 million jury verdict tied to the 737 Max crash add to Boeing’s ongoing legal and reputational overhang. Fortune: Jury awards $49.5 million to family of 24-year-old who died in Boeing 737 Max crash in 2019

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.