Boeing (NYSE:BA) Director Mortimer Buckley Acquires 2,230 Shares

The Boeing Company (NYSE:BA) Director Mortimer Buckley bought 2,230 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was purchased at an average cost of $224.20 per share, with a total value of $499,966.00. Following the completion of the purchase, the director directly owned 4,430 shares in the company, valued at approximately $993,206. This trade represents a 101.36% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Boeing Trading Down 2.3%

Shares of BA traded down $5.30 during trading hours on Thursday, hitting $222.01. 7,176,419 shares of the stock traded hands, compared to its average volume of 7,356,357. The business has a fifty day moving average of $235.33 and a 200-day moving average of $219.80. The firm has a market capitalization of $174.35 billion, a PE ratio of 110.45 and a beta of 1.14. The Boeing Company has a 1-year low of $128.88 and a 1-year high of $254.35. The company has a current ratio of 1.19, a quick ratio of 0.40 and a debt-to-equity ratio of 8.37.

Boeing (NYSE:BA) last announced its quarterly earnings data on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share 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 the consensus estimate of $22.41 billion. During the same period in the prior year, the firm posted ($5.90) earnings per share. The business’s revenue for the quarter was up 57.1% compared to the same quarter last year. Analysts expect that The Boeing Company will post -2.58 EPS for the current year.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: High?level investor interest in defense names: famed value investor Mario Gabelli flagged Boeing as part of a multi?year defense buildout opportunity tied to missile and propulsion supply chains, boosting longer?term demand expectations for Boeing’s defense business. Gabelli Likes Lockheed, RTX, Boeing — and a Small Supplier You’ve Never Heard Of
• Positive Sentiment: Concrete government work: Boeing received a $166.84M Navy contract for P?8A systems engineering and modernization, which supports near?term backlog and recurring services revenue. Boeing Awarded $166.84M Navy Contract
• Positive Sentiment: Commercial recovery signs: recent reporting shows Boeing regained order momentum (including large Vietnam deals), supporting the recovery narrative for the commercial aviation franchise. Boeing Order Rebound And Vietnam Deals Revive Commercial Recovery Story
• Positive Sentiment: High?profile endorsement: CNBC/talk?show commentary (Jim Cramer) labeled Boeing “the right stock, right time,” citing record orders — a sentiment positive for retail/institutional momentum. Jim Cramer on Boeing: “It’s The Right Stock, Right Time”
• Neutral Sentiment: Investor outreach: CFO Jay Malave will speak at the Bank of America Industrials conference on March 17 — a chance to clarify guidance and margin drivers but no immediate financial impact. Boeing CFO Jay Malave to Speak at BofA Industrials Conf
• Neutral Sentiment: Analyst/retail attention: Zacks and other outlets note BA is a trending stock — increased attention can amplify moves in either direction but does not change fundamentals immediately. Here is What to Know Beyond Why The Boeing Company (BA) is a Trending Stock
• Neutral Sentiment: Environmental/legal note: Coverage of a lawsuit tied to hazardous substances in the Lower Duwamish is circulating; headlines may create localized reputational noise but so far haven’t derailed shares. “Hazardous Substances in the Lower Duwamish”: Boeing Stock Notches Up Despite Lawsuit
• Negative Sentiment: Geopolitical/operational disruption: aviation flows are being disrupted by fresh violence in Mexico and escalating conflict in the Middle East, which is pressuring airline schedules, demand forecasts and near?term commercial revenue visibility. Boeing Stock Is Dipping Today: What’s Going On?
• Negative Sentiment: NASA relationship and program risk: reports say NASA is moving to cancel a portion of a $3.2B program and NASA’s Starliner mishap investigation has highlighted governance and culture issues — risks that can lead to contract delays, penalties or tighter oversight. Boeing Loses Ground With NASA, Shareholders NASA’s Starliner Mishap Findings Deepen the Governance And Culture Story

Institutional Trading of Boeing

Several hedge funds have recently added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC bought a new position in shares of Boeing during the 3rd quarter valued at about $25,000. Strive Financial Group LLC acquired a new stake in Boeing during the 4th quarter worth approximately $25,000. Ares Financial Consulting LLC acquired a new stake in Boeing during the 4th quarter worth approximately $26,000. CrossGen Wealth LLC bought a new position in Boeing in the fourth quarter valued at approximately $26,000. Finally, Strategic Wealth Advisors LLC acquired a new position in shares of Boeing in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Wall Street Analysts Forecast Growth

BA has been the subject of a number of analyst reports. Tigress Financial reaffirmed a “buy” rating and set a $275.00 target price on shares of Boeing in a report on Monday, December 29th. TD Cowen reaffirmed 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. BNP Paribas Exane set a $150.00 target price on Boeing in a research note on Tuesday, November 18th. Finally, Susquehanna restated a “positive” rating and set a $280.00 target price on shares of Boeing in a research report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $246.14.

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.