General Pension Society PZU Joint Stock Co Has $26.94 Million Holdings in The Boeing Company $BA

General Pension Society PZU Joint Stock Co boosted its stake in shares of The Boeing Company (NYSE:BAFree Report) by 3.0% in the fourth quarter, HoldingsChannel reports. The firm owned 124,090 shares of the aircraft producer’s stock after purchasing an additional 3,590 shares during the quarter. Boeing accounts for about 5.4% of General Pension Society PZU Joint Stock Co’s holdings, making the stock its 9th largest holding. General Pension Society PZU Joint Stock Co’s holdings in Boeing were worth $26,942,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new position in Boeing during the third quarter worth $25,000. Ares Financial Consulting LLC bought a new position in Boeing during the fourth quarter worth $26,000. Strategic Wealth Advisors LLC bought a new position in Boeing during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Boeing during the fourth quarter worth $28,000. Finally, American National Bank & Trust boosted its position in Boeing by 124.2% during 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 during the period. 64.82% of the stock is owned by institutional investors.

Boeing Stock Down 0.2%

BA stock opened at $219.18 on Friday. The company has a market cap of $172.78 billion, a PE ratio of 106.40 and a beta of 1.21. The business has a 50-day simple moving average of $217.34 and a 200 day simple moving average of $218.62. The Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35. The company has a quick ratio of 0.35, a current ratio of 1.18 and a debt-to-equity ratio of 7.42.

Boeing (NYSE:BAGet Free Report) last issued its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.48. The business had revenue of $22.22 billion during the quarter, compared to analyst estimates of $22.15 billion. During the same period in the prior year, the business posted ($0.49) EPS. The company’s revenue for the quarter was up 14.0% compared to the same quarter last year. Sell-side analysts anticipate that The Boeing Company will post -0.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on BA shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Boeing in a research report on Wednesday, March 4th. Wells Fargo & Company initiated coverage on Boeing in a report on Wednesday, April 1st. They set an “overweight” rating and a $250.00 target price for the company. UBS Group upped their price target on shares of Boeing from $275.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. TD Cowen reaffirmed a “buy” rating on shares of Boeing in a research report on Wednesday, January 28th. Finally, Royal Bank Of Canada raised their price target on shares of Boeing from $265.00 to $275.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $259.80.

Get Our Latest Research Report on Boeing

Insider Transactions at Boeing

In other Boeing news, Director Mortimer J. Buckley bought 2,230 shares of the stock in a transaction on Tuesday, March 3rd. The stock was purchased at an average price of $224.20 per share, with a total value of $499,966.00. Following the completion of the purchase, the director owned 4,430 shares in the company, valued at $993,206. The trade was a 101.36% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Uma M. Amuluru sold 1,503 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $233.78, for a total value of $351,371.34. Following the transaction, the executive vice president directly owned 19,015 shares of the company’s stock, valued at approximately $4,445,326.70. The trade was a 7.33% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by insiders.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

About Boeing

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding BA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Boeing Company (NYSE:BAFree Report).

Institutional Ownership by Quarter for Boeing (NYSE:BA)

Receive News & Ratings for Boeing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing and related companies with MarketBeat.com's FREE daily email newsletter.