Novem Group Acquires 4,120 Shares of The Boeing Company $BA

Novem Group increased its holdings in The Boeing Company (NYSE:BA) by 298.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 5,502 shares of the aircraft producer’s stock after buying an additional 4,120 shares during the period. Novem Group’s holdings in Boeing were worth $1,195,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Purus Wealth Management LLC grew its holdings in shares of Boeing by 3.6% in the fourth quarter. Purus Wealth Management LLC now owns 1,177 shares of the aircraft producer’s stock valued at $256,000 after acquiring an additional 41 shares in the last quarter. West Wealth Group LLC grew its holdings in shares of Boeing by 0.6% in the fourth quarter. West Wealth Group LLC now owns 7,279 shares of the aircraft producer’s stock valued at $1,581,000 after acquiring an additional 42 shares in the last quarter. First Heartland Consultants Inc. grew its holdings in shares of Boeing by 1.1% in the fourth quarter. First Heartland Consultants Inc. now owns 4,062 shares of the aircraft producer’s stock valued at $882,000 after acquiring an additional 43 shares in the last quarter. Global Financial Private Client LLC grew its holdings in shares of Boeing by 1.1% in the fourth quarter. Global Financial Private Client LLC now owns 4,025 shares of the aircraft producer’s stock valued at $874,000 after acquiring an additional 44 shares in the last quarter. Finally, N.E.W. Advisory Services LLC grew its holdings in shares of Boeing by 3.1% in the third quarter. N.E.W. Advisory Services LLC now owns 1,540 shares of the aircraft producer’s stock valued at $332,000 after acquiring an additional 46 shares in the last quarter. 64.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

BA has been the subject of several recent analyst reports. Wolfe Research reaffirmed an “outperform” rating on shares of Boeing in a report on Tuesday, January 27th. Weiss Ratings raised Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, February 4th. Sanford C. Bernstein reissued an “outperform” rating on shares of Boeing in a report on Wednesday, January 28th. Royal Bank Of Canada increased 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. Finally, Citigroup reduced their price objective on Boeing from $290.00 to $256.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $254.35.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Ethiopian Airlines converted options for six Boeing 787-9 Dreamliners, bolstering Boeing’s widebody backlog and near-term delivery visibility for long?haul and cargo demand. Ethiopian Airlines Converts Options of Six Boeing 787 Dreamliner Airplanes into Firm Orders
• Positive Sentiment: Boeing is ramping hiring—adding roughly 100–140 factory workers weekly—signaling production scale-up that supports delivery growth and revenue leverage if sustained. Boeing Is Ramping Up Hiring. Is This a Sign of a Real Turnaround in BA Stock?
• Positive Sentiment: High-profile commentary (e.g., Jim Cramer) expects reassuring management remarks on the upcoming earnings call, which can amplify upside if Boeing reiterates delivery and margin improvements. Jim Cramer Expects Reassuring Commentary During Upcoming Boeing Earnings Call
• Positive Sentiment: News that a Qatari Air Force One substitute will enter service this summer provides a PR win and a demonstration of product reliability for certain government/VIP platforms. Boeing Stock (NYSE:BA) Notches Up as Qatari Air Force One Substitute to Hit This Summer
• Neutral Sentiment: Multiple Q1 earnings previews and analyst notes flag April 22 results as a catalyst — investors will watch deliveries, margins, guidance and commentary on production/regulatory issues. Boeing Q1 Earnings Preview: Will BA Stock Take Off Again?
• Neutral Sentiment: Industry coverage pieces highlight stronger commercial aircraft demand and rising deliveries—supportive for revenue trends but contingent on Boeing converting orders into profitable, timely deliveries. Can Boeing’s Commercial Aircraft Business Sustain Growth?
• Negative Sentiment: Analysts and articles warn valuation and regulatory/operational scrutiny remain risks after recent share gains; investors may trim positions if earnings or guidance disappoint. Is Boeing (BA) Becoming Attractive After Recent 40% One Year Share Price Gain?

Insider Buying and Selling

In related news, Director Mortimer J. Buckley bought 2,230 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were purchased at an average price of $224.20 per share, for a total transaction of $499,966.00. Following the completion of the transaction, the director directly owned 4,430 shares in the company, valued at approximately $993,206. The trade was a 101.36% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Ann M. Schmidt sold 6,281 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $243.37, for a total value of $1,528,606.97. Following the sale, the senior vice president owned 13,978 shares in the company, valued at approximately $3,401,825.86. This represents a 31.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 21,012 shares of company stock worth $4,980,687. Insiders own 0.10% of the company’s stock.

Boeing Price Performance

Shares of NYSE BA opened at $225.11 on Tuesday. The stock has a fifty day simple moving average of $218.88 and a two-hundred day simple moving average of $216.73. The Boeing Company has a 1-year low of $156.47 and a 1-year high of $254.35. The firm has a market cap of $176.79 billion, a price-to-earnings ratio of 112.00 and a beta of 1.13. 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, beating 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 last year, the company posted ($5.90) earnings per share. Boeing’s revenue for the quarter was up 57.1% on a year-over-year basis. Analysts anticipate that The Boeing Company will post -0.14 earnings per share for the current year.

Boeing 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.