Krilogy Financial LLC Buys 2,332 Shares of The Boeing Company $BA

Krilogy Financial LLC increased its stake in shares of The Boeing Company (NYSE:BA) by 31.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,847 shares of the aircraft producer’s stock after purchasing an additional 2,332 shares during the period. Krilogy Financial LLC’s holdings in Boeing were worth $2,155,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also 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 about $25,000. Strive Financial Group LLC acquired a new stake in shares of Boeing in the 4th quarter valued at approximately $25,000. CrossGen Wealth LLC bought a new position in Boeing during the 4th quarter worth approximately $26,000. Ares Financial Consulting LLC bought a new position in Boeing during the 4th quarter worth approximately $26,000. Finally, 1 North Wealth Services LLC acquired a new position in Boeing during the fourth quarter valued at approximately $27,000. Institutional investors own 64.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on BA shares. Wells Fargo & Company initiated coverage on shares of Boeing in a report on Wednesday, April 1st. They issued an “overweight” rating and a $250.00 target price on the stock. Tigress Financial upped their price objective on shares of Boeing from $290.00 to $295.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Citigroup raised their price objective on Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Wolfe Research reiterated an “outperform” rating and set a $275.00 target price on shares of Boeing in a report on Thursday, April 23rd. Finally, Morgan Stanley boosted their target price on Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $262.32.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing secured a reported $2 billion MUOS satellite contract to build and support military communications satellites, a meaningful boost for its space and defense business. BA Stock: Boeing Secures $2B Satellite Contract From Department Of War
• Positive Sentiment: Analysts highlighted the MUOS work as another defense growth signal, suggesting Boeing may be gaining traction in higher-margin government programs. Boeing Gets Another Defense Growth Signal
• Positive Sentiment: Boeing’s defense momentum was reinforced by news that the White House is pressing defense contractors to ramp up weapons production, with Boeing CEO Kelly Ortberg among executives meeting President Trump. Trump meets defense CEOs as Iran operations strain U.S. missile stockpiles

Boeing Stock Up 1.6%

Boeing stock opened at $220.19 on Thursday. The company has a 50 day moving average of $224.19 and a 200-day moving average of $223.41. 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 Boeing Company has a twelve month low of $176.77 and a twelve month high of $254.35. The stock has a market capitalization of $173.57 billion, a PE ratio of 106.89 and a beta of 1.19.

Boeing (NYSE:BA) last issued its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates 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 was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.49) earnings per share. On average, equities research analysts anticipate that The Boeing Company will post -0.15 EPS for the current fiscal year.

Insider Activity

In other news, Director Bradley D. Tilden purchased 1,370 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were bought at an average cost of $218.50 per share, for a total transaction of $299,345.00. Following the completion of the acquisition, the director directly owned 1,370 shares in the company, valued at approximately $299,345. This trade represents a ? increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is owned by corporate insiders.

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.