Pegasus Asset Management Inc. Purchases 8,401 Shares of The Boeing Company $BA

Pegasus Asset Management Inc. increased its position in The Boeing Company (NYSE:BA) by 63.3% during the 4th quarter, Holdings Channel reports. The firm owned 21,664 shares of the aircraft producer’s stock after acquiring an additional 8,401 shares during the quarter. Boeing comprises approximately 1.4% of Pegasus Asset Management Inc.’s investment portfolio, making the stock its 23rd largest holding. Pegasus Asset Management Inc.’s holdings in Boeing were worth $4,704,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in Boeing during the 3rd quarter valued at $25,000. Ares Financial Consulting LLC bought a new stake in Boeing during the 4th quarter valued at $26,000. Kohmann Bosshard Financial Services LLC bought a new stake in Boeing during the 4th quarter valued at $28,000. American National Bank & Trust boosted its position in Boeing by 124.2% during the 4th quarter. American National Bank & Trust now owns 139 shares of the aircraft producer’s stock valued at $30,000 after acquiring an additional 77 shares in the last quarter. Finally, Reyes Financial Architecture Inc. bought a new stake in Boeing during the 3rd quarter valued at $32,000. Institutional investors own 64.82% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on BA. TD Cowen reaffirmed a “buy” rating on shares of Boeing in a research report on Wednesday, January 28th. Vertical Research reaffirmed a “buy” rating and set a $281.00 target price on shares of Boeing in a research report on Tuesday, January 27th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Boeing in a research report on Wednesday, January 28th. Citigroup lowered their price objective on Boeing from $290.00 to $256.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Finally, Jefferies Financial Group restated a “buy” rating on shares of Boeing in a research note on Wednesday, March 4th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.60.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Large Bangladesh order — Biman Bangladesh Airlines signed for 14 Boeing 787 and 737 MAX jets in a deal reported around $3.7 billion; the order is the carrier’s largest-ever and signals fresh commercial backlog and geographic market gains. Bangladesh seals Boeing jet deal
• Positive Sentiment: U.S. Air Force add-on order — The Air Force plans to buy five more E-7A Wedgetail surveillance aircraft in addition to two prototypes, boosting Boeing’s defense sales and near-term government revenue. US Air Force plans to buy five more Boeing E-7A
• Positive Sentiment: Additional commercial wins — SCAT Airlines ordered five 737‑9s and other small airline orders were reported, adding incremental demand for 737 MAX family deliveries and supporting production ramp narratives. Boeing and SCAT Airlines announce order
• Positive Sentiment: Analyst targets support upside — Brokerages’ average price target was reported around $259.35, reflecting analyst conviction for further share appreciation versus current levels. BA receives $259.35 average price target
• Neutral Sentiment: Technology partnership — Boeing’s collaboration with LightSolver on laser‑based computing aims to accelerate engineering simulations; strategic but longer‑term and execution‑dependent. Boeing teams up with LightSolver
• Negative Sentiment: Technical/market noise and past negative headlines — Recent social/analyst discussion flagged past technical sell signals and isolated reports (e.g., “truss‑based wing” test headlines) that have previously driven volatility; these items can amplify short‑term downside risk despite order flow. Truss-based wing configuration tests send Boeing stock plummeting

Boeing Trading Up 2.3%

BA stock opened at $229.17 on Friday. The company has a current ratio of 1.18, a quick ratio of 0.35 and a debt-to-equity ratio of 7.42. The Boeing Company has a 12-month low of $176.77 and a 12-month high of $254.35. The stock has a market cap of $180.65 billion, a price-to-earnings ratio of 111.25 and a beta of 1.13. The business’s 50-day moving average is $217.11 and its 200 day moving average is $217.34.

Boeing (NYSE:BA) last issued its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.68) by $0.48. The company had revenue of $22.22 billion for the quarter, compared to analyst estimates of $22.15 billion. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.49) earnings per share. On average, sell-side analysts anticipate that The Boeing Company will post 0.04 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Howard E. Mckenzie sold 10,497 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $233.99, for a total value of $2,456,193.03. Following the transaction, the executive vice president directly owned 14,692 shares in the company, valued at approximately $3,437,781.08. This represents a 41.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mortimer J. Buckley bought 2,230 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was 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 of the company’s stock, valued at $993,206. This trade represents a 101.36% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have sold 21,012 shares of company stock valued at $4,980,687. Insiders own 0.10% of the company’s stock.

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.