Principal Financial Group Inc. Buys 128,509 Shares of The Boeing Company $BA

Principal Financial Group Inc. raised its stake in The Boeing Company (NYSE:BA) by 13.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,084,281 shares of the aircraft producer’s stock after buying an additional 128,509 shares during the quarter. Principal Financial Group Inc.’s holdings in Boeing were worth $235,419,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BA. Vanguard Group Inc. raised its position in shares of Boeing by 5.1% in the 4th quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer’s stock valued at $15,413,227,000 after acquiring an additional 3,460,021 shares during the period. Newport Trust Company LLC increased its stake in Boeing by 2.5% in the third quarter. Newport Trust Company LLC now owns 29,198,446 shares of the aircraft producer’s stock valued at $6,301,901,000 after purchasing an additional 707,490 shares in the last quarter. Great Lakes Advisors LLC raised its holdings in Boeing by 25,532.3% in the third quarter. Great Lakes Advisors LLC now owns 424,983 shares of the aircraft producer’s stock worth $91,725,000 after purchasing an additional 423,325 shares during the period. PFA Pension Forsikringsaktieselskab bought a new position in shares of Boeing during the fourth quarter worth $89,368,000. Finally, Bessemer Group Inc. boosted its position in shares of Boeing by 50.3% during the third quarter. Bessemer Group Inc. now owns 1,069,819 shares of the aircraft producer’s stock worth $230,900,000 after purchasing an additional 357,995 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.

Insider Buying and Selling at Boeing

In related news, EVP Uma M. Amuluru sold 1,503 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $233.78, for a total value of $351,371.34. Following the completion of the transaction, the executive vice president owned 19,015 shares of the company’s stock, valued at approximately $4,445,326.70. This trade represents a 7.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Howard E. Mckenzie sold 10,497 shares of Boeing stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $233.99, for a total transaction of $2,456,193.03. Following the completion of the sale, the executive vice president owned 14,692 shares in the company, valued at $3,437,781.08. The trade was a 41.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 18,281 shares of company stock valued at $4,336,171 over the last ninety days. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. UBS Group upped their price objective on shares of Boeing from $275.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Wells Fargo & Company initiated coverage on Boeing in a research report on Wednesday, April 1st. They set an “overweight” rating and a $250.00 price target on the stock. Weiss Ratings lowered Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Susquehanna reissued a “positive” rating and set a $280.00 target price on shares of Boeing in a research note on Thursday, January 15th. Finally, Argus upgraded shares of Boeing to a “hold” rating in a report on Monday, February 2nd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Boeing has a consensus rating of “Moderate Buy” and a consensus price target of $259.60.

Boeing Stock Performance

Shares of Boeing stock opened at $224.39 on Wednesday. The company has a debt-to-equity ratio of 7.42, a current ratio of 1.18 and a quick ratio of 0.35. The firm has a market cap of $176.89 billion, a price-to-earnings ratio of 108.93 and a beta of 1.21. The stock’s 50-day moving average is $216.96 and its 200-day moving average is $217.45. The Boeing Company has a one year low of $176.77 and a one year high of $254.35.

Boeing (NYSE:BA) last announced its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.48. The firm had revenue of $22.22 billion during the quarter, compared to analyst estimates of $22.15 billion. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.49) EPS. Equities analysts predict that The Boeing Company will post -0.15 earnings per share for the current fiscal year.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Alaska Airlines signed a formal license for Boeing’s Virtual Airplane training platform, moving from partner to full adopter — a clear revenue and margin-upside signal for Boeing’s growing digital & training services business. Alaska Airlines signs for Boeing Virtual Airplane Training Platform
• Positive Sentiment: Boeing’s involvement in a NASA “Flying Lab” project drew renewed attention to its aerospace tech and R&D partnerships, bolstering perception of long?term program relevance beyond commercial airframes. “Flying Lab” Project With NASA Gives Boeing Stock (NYSE:BA) a Lift
• Positive Sentiment: Tigress Financial bumped its BA price target to $295 (from $290) and reiterated a Buy, citing strong travel demand, record backlog and expanding aftermarket/digital opportunities — analyst support that can drive momentum. Tigress Financial Raises Boeing (BA) Price Target to $295, Sees Strong Upside Ahead
• Positive Sentiment: Commercial delivery activity continues: reports cite EgyptAir deliveries and fresh orders for 737 MAX variants, supporting near?term revenue recognition and backlog conversion. What’s Going On With Boeing Stock Monday?
• Neutral Sentiment: Southwest’s preparation for early MAX 7 arrivals includes hiring mechanics (some from Spirit) — a positive operational signal for MAX fleet adoption but indirect for Boeing’s top line in the immediate term. Southwest weighs hiring Spirit Airlines mechanics ahead of Boeing MAX 7 arrival
• Neutral Sentiment: A United 767 struck a truck and light pole on landing but landed safely — little immediate financial impact to Boeing, though such incidents can briefly pressure perceptions around aircraft safety. ‘A major catastrophe was avoided by feet’: A United Airlines plane hits a truck and light pole while landing at Newark airport
• Negative Sentiment: Despite wins, coverage noted episodes of investor skepticism (e.g., share weakness around geopolitical/defense deals), signaling profit?taking and sentiment risk that can offset positive operational news. Boeing Stock (NYSE:BA) Slides Despite New Deal With Israel

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.