The Boeing Company $BA Shares Acquired by Kampmann Melissa S.

Kampmann Melissa S. increased its holdings in shares of The Boeing Company (NYSE:BA) by 280.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,185 shares of the aircraft producer’s stock after purchasing an additional 4,560 shares during the period. Kampmann Melissa S.’s holdings in Boeing were worth $1,231,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in BA. Russell Investments Group Ltd. lifted its position in shares of Boeing by 41.1% during the third quarter. Russell Investments Group Ltd. now owns 223,824 shares of the aircraft producer’s stock worth $48,316,000 after purchasing an additional 65,216 shares in the last quarter. Fisher Asset Management LLC grew its holdings in Boeing by 3.3% during the 3rd quarter. Fisher Asset Management LLC now owns 5,505,040 shares of the aircraft producer’s stock valued at $1,188,153,000 after purchasing an additional 177,597 shares in the last quarter. Princeton Capital Management LLC grew its holdings in Boeing by 78.3% during the 4th quarter. Princeton Capital Management LLC now owns 12,249 shares of the aircraft producer’s stock valued at $2,660,000 after purchasing an additional 5,381 shares in the last quarter. Rakuten Investment Management Inc. increased its stake in Boeing by 502.3% during the 4th quarter. Rakuten Investment Management Inc. now owns 103,099 shares of the aircraft producer’s stock worth $22,398,000 after buying an additional 85,982 shares during the period. Finally, Louisiana State Employees Retirement System purchased a new stake in Boeing during the 1st quarter worth $7,961,000. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BA has been the subject of a number of analyst reports. Morgan Stanley upped their price objective on shares of Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. Wolfe Research reaffirmed an “outperform” rating and set a $275.00 target price on shares of Boeing in a research report on Thursday, April 23rd. Citigroup boosted their price target on Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Weiss Ratings downgraded Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Boeing in a research note on Wednesday, March 4th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Boeing has an average rating of “Moderate Buy” and a consensus price target of $261.61.

Insider Buying and Selling at Boeing

In other news, Director Bradley D. Tilden purchased 1,370 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average cost of $218.50 per share, with a total value of $299,345.00. Following the transaction, the director owned 1,370 shares in the company, valued at approximately $299,345. The trade was a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

Boeing Stock Down 1.3%

Shares of Boeing stock opened at $214.41 on Tuesday. The company has a quick ratio of 0.35, a current ratio of 1.18 and a debt-to-equity ratio of 7.42. The firm has a market cap of $169.02 billion, a P/E ratio of 104.08 and a beta of 1.20. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35. The business has a 50-day moving average price of $223.84 and a 200 day moving average price of $223.70.

Boeing (NYSE:BA) last announced its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.68) by $0.48. The firm had revenue of $22.22 billion for the quarter, compared to analyst estimates of $22.15 billion. During the same quarter in the previous year, the company earned ($0.49) EPS. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. On average, sell-side analysts forecast that The Boeing Company will post -0.15 earnings per share for the current fiscal year.

Boeing Company 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.