Mystic Asset Management Inc. Has $4.99 Million Stock Holdings in The Boeing Company $BA

Mystic Asset Management Inc. boosted its stake in shares of The Boeing Company (NYSE:BA) by 42.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 22,968 shares of the aircraft producer’s stock after buying an additional 6,896 shares during the period. Boeing makes up approximately 1.1% of Mystic Asset Management Inc.’s holdings, making the stock its 21st biggest holding. Mystic Asset Management Inc.’s holdings in Boeing were worth $4,987,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of BA. Revolve Wealth Partners LLC bought a new position in shares of Boeing during the 4th quarter worth approximately $201,000. Sivia Capital Partners LLC boosted its position in Boeing by 16.5% during the second quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock worth $320,000 after purchasing an additional 217 shares during the period. AXA S.A. boosted its position in Boeing by 1,225.7% during the second quarter. AXA S.A. now owns 34,655 shares of the aircraft producer’s stock worth $7,261,000 after purchasing an additional 32,041 shares during the period. Ieq Capital LLC boosted its position in Boeing by 243.8% during the second quarter. Ieq Capital LLC now owns 33,485 shares of the aircraft producer’s stock worth $7,016,000 after purchasing an additional 23,746 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in shares of Boeing by 4.2% during the second quarter. Alliancebernstein L.P. now owns 1,334,451 shares of the aircraft producer’s stock worth $279,608,000 after buying an additional 53,736 shares in the last quarter. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Q1 beat: Boeing reported a much smaller-than-expected loss and revenue of $22.22B (up ~14%), driven by higher deliveries and a record backlog (~$695B), a key driver behind the rally. Read More.
• Positive Sentiment: Demand catalyst — CEO optimistic about China orders tied to an upcoming US?China summit; a major order from Chinese carriers would materially support forward revenue and backlog. Read More.
• Positive Sentiment: Regulatory progress — FAA says no current roadblocks to 737 MAX 7/10 certification by year?end, reducing a major regulatory overhang if timelines hold. Read More.
• Neutral Sentiment: Elevated options and analyst activity: unusually large call buying and fresh/maintained Buy ratings (several brokers) are amplifying intraday momentum but also raise short?term volatility. (No single article link)
• Negative Sentiment: Cash?flow & balance sheet pressure: operating and free cash flow remain weak (negative free cash flow reported), and the company still carries high leverage — a constraint on returns and vulnerable if delivery cadence or margins slip. Read More.
• Negative Sentiment: Execution & macro risks: lingering wiring/delivery issues, supply?chain risks and broader market/geopolitical headwinds (e.g., Middle East tensions) could reverse gains or increase volatility. Read More. • Read More.

Boeing Stock Up 5.5%

Shares of NYSE:BA opened at $231.25 on Thursday. The company has a market capitalization of $181.61 billion, a PE ratio of 115.05 and a beta of 1.13. The company has a debt-to-equity ratio of 8.37, a current ratio of 1.19 and a quick ratio of 0.40. The business has a fifty day moving average price of $218.31 and a two-hundred day moving average price of $216.85. The Boeing Company has a 1 year low of $169.00 and a 1 year high of $254.35.

Boeing (NYSE:BA) last posted its quarterly 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 firm had revenue of $22.22 billion for the quarter, compared to the consensus estimate of $22.15 billion. The firm’s revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.49) EPS. Analysts forecast that The Boeing Company will post -0.29 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Uma M. Amuluru sold 1,503 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $233.78, for a total transaction of $351,371.34. Following the transaction, the executive vice president directly owned 19,015 shares in the company, valued at $4,445,326.70. This trade represents a 7.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Howard E. Mckenzie sold 10,497 shares of the firm’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 owned 14,692 shares in the company, valued at approximately $3,437,781.08. The trade was a 41.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 21,012 shares of company stock worth $4,980,687. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on BA shares. Vertical Research reissued a “buy” rating and set a $281.00 target price on shares of Boeing in a report on Tuesday, January 27th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Boeing in a research report on Wednesday, January 28th. Royal Bank Of Canada boosted their price target on Boeing from $265.00 to $275.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Weiss Ratings upgraded Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, February 4th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $254.35.

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.