The Boeing Company $BA Shares Acquired by KLCM Advisors Inc.

KLCM Advisors Inc. increased its stake in shares of The Boeing Company (NYSE:BA) by 4.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 157,593 shares of the aircraft producer’s stock after buying an additional 6,670 shares during the quarter. Boeing comprises about 2.9% of KLCM Advisors Inc.’s holdings, making the stock its 4th largest position. KLCM Advisors Inc.’s holdings in Boeing were worth $34,217,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Trek Financial LLC lifted its holdings in shares of Boeing by 14.6% during the fourth quarter. Trek Financial LLC now owns 2,936 shares of the aircraft producer’s stock worth $638,000 after purchasing an additional 374 shares during the period. Fusion Capital LLC increased its stake in Boeing by 1.4% in the 4th quarter. Fusion Capital LLC now owns 5,263 shares of the aircraft producer’s stock valued at $1,143,000 after buying an additional 75 shares during the period. Fortem Financial Group LLC purchased a new position in Boeing during the 4th quarter worth $423,000. Valeo Financial Advisors LLC lifted its stake in shares of Boeing by 1.9% in the 4th quarter. Valeo Financial Advisors LLC now owns 29,423 shares of the aircraft producer’s stock worth $6,388,000 after acquiring an additional 545 shares during the period. Finally, Horizon Wealth Management LLC lifted its stake in shares of Boeing by 634.3% in the 4th quarter. Horizon Wealth Management LLC now owns 10,332 shares of the aircraft producer’s stock worth $2,243,000 after acquiring an additional 8,925 shares during the period. Institutional investors and hedge funds own 64.82% of the company’s stock.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing CEO Kelly Ortberg is expected to join President Trump’s delegation to China, raising hopes for constructive trade discussions and potential aircraft sales interest from Chinese buyers. Article Title
• Positive Sentiment: The FAA approved Boeing’s protocol for safely returning MD-11 aircraft to service in the U.S. after a fatal UPS cargo crash, a sign of regulatory progress that could help Boeing’s aviation services and credibility. Article Title
• Positive Sentiment: Investor attention remains on Boeing’s improving order momentum, defense backlog growth, and aviation services demand, which are helping the stock as the company works toward a longer-term turnaround. Article Title
• Positive Sentiment: Boeing’s long-delayed 777-9 is reportedly getting closer to delivery, which could eventually ease concerns about program delays and support future commercial aircraft revenue. Article Title
• Neutral Sentiment: Coverage highlighting Boeing as one of several Dow stocks near technical buy points reflects improved market sentiment, but it is more of a trading setup than a company-specific catalyst. Article Title
• Negative Sentiment: Boeing still faces headwinds from trade tensions and possible aircraft cancellations, and a Bloomberg feature noted that the company’s comeback depends on a new plane program that remains elusive. Article Title

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BA. Vertical Research reiterated a “buy” rating and set a $281.00 price target on shares of Boeing in a research note on Tuesday, January 27th. JPMorgan Chase & Co. lifted their price objective on Boeing from $245.00 to $270.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. Wolfe Research reiterated an “outperform” rating and set a $275.00 target price on shares of Boeing in a research report on Thursday, April 23rd. Jefferies Financial Group reissued a “buy” rating on shares of Boeing in a research note on Wednesday, March 4th. Finally, Citigroup reduced their price target on Boeing from $290.00 to $256.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Boeing has a consensus rating of “Moderate Buy” and a consensus target price of $259.60.

Insiders Place Their Bets

In other Boeing news, SVP Ann M. Schmidt sold 6,281 shares of the business’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 sale, the senior vice president directly owned 13,978 shares in the company, valued at approximately $3,401,825.86. The trade was a 31.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 represents a 7.33% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by company insiders.

Boeing Trading Up 0.3%

Shares of BA opened at $238.12 on Tuesday. The Boeing Company has a twelve month low of $176.77 and a twelve month high of $254.35. The company has a current ratio of 1.18, a quick ratio of 0.35 and a debt-to-equity ratio of 7.42. The firm has a market capitalization of $187.71 billion, a P/E ratio of 115.59 and a beta of 1.21. The firm’s 50-day moving average is $217.23 and its two-hundred day moving average is $218.00.

Boeing (NYSE:BA) last announced its quarterly earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS 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 analysts’ expectations of $22.15 billion. Boeing’s revenue was up 14.0% compared to the same quarter last year. During the same period last year, the firm earned ($0.49) EPS. On average, research analysts predict that The Boeing Company will post -0.15 earnings per share for the current fiscal 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.