Jamison Private Wealth Management Inc. Acquires 3,720 Shares of The Boeing Company $BA

Jamison Private Wealth Management Inc. lifted its holdings in The Boeing Company (NYSE:BAFree Report) by 104.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,265 shares of the aircraft producer’s stock after buying an additional 3,720 shares during the quarter. Jamison Private Wealth Management Inc.’s holdings in Boeing were worth $1,577,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new stake in Boeing in the third quarter worth $25,000. Reyes Financial Architecture Inc. purchased a new stake in shares of Boeing during the third quarter valued at $32,000. Davis Capital Management bought a new position in shares of Boeing in the third quarter worth about $33,000. Game Plan Financial Advisors LLC grew its holdings in shares of Boeing by 650.0% in the fourth quarter. Game Plan Financial Advisors LLC now owns 150 shares of the aircraft producer’s stock worth $33,000 after purchasing an additional 130 shares during the last quarter. Finally, Howard Hughes Medical Institute purchased a new position in Boeing in the 2nd quarter worth about $34,000. 64.82% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Ann M. Schmidt sold 6,281 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $243.37, for a total transaction of $1,528,606.97. Following the completion of the sale, the senior vice president directly owned 13,978 shares in the company, valued at $3,401,825.86. This represents a 31.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Uma M. Amuluru sold 1,503 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $233.78, for a total value of $351,371.34. Following the sale, the executive vice president directly owned 19,015 shares in the company, valued at approximately $4,445,326.70. The trade was a 7.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,012 shares of company stock worth $4,980,687 over the last quarter. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BA shares. Zacks Research upgraded shares of Boeing from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 2nd. Susquehanna reaffirmed a “positive” rating and set a $280.00 target price on shares of Boeing in a research report on Thursday, January 15th. JPMorgan Chase & Co. lifted their price target on shares of Boeing from $245.00 to $270.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. TD Cowen reiterated a “buy” rating on shares of Boeing in a report on Wednesday, January 28th. Finally, Argus raised Boeing to a “hold” rating in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Boeing currently has a consensus rating of “Moderate Buy” and an average price target of $248.86.

View Our Latest Analysis on BA

Boeing Trading Up 5.2%

NYSE:BA opened at $199.03 on Wednesday. The firm has a 50-day simple moving average of $225.74 and a 200-day simple moving average of $216.59. The Boeing Company has a one year low of $128.88 and a one year high of $254.35. The firm has a market cap of $156.31 billion, a P/E ratio of 99.02 and a beta of 1.14. The company has a debt-to-equity ratio of 8.37, a quick ratio of 0.40 and a current ratio of 1.19.

Boeing (NYSE:BAGet Free Report) last released its quarterly earnings data on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.40) by $10.32. The business had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $22.41 billion. Boeing’s revenue for the quarter was up 57.1% on a year-over-year basis. During the same quarter in the prior year, the business posted ($5.90) earnings per share. Equities analysts anticipate that The Boeing Company will post -2.58 EPS for the current fiscal year.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

Boeing Company Profile

(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.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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