General Pension Society PZU Joint Stock Co Has $4.48 Million Position in The Boeing Company $BA

General Pension Society PZU Joint Stock Co cut its position in The Boeing Company (NYSE:BA) by 81.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 22,500 shares of the aircraft producer’s stock after selling 101,590 shares during the period. Boeing makes up 1.1% of General Pension Society PZU Joint Stock Co’s portfolio, making the stock its 15th biggest holding. General Pension Society PZU Joint Stock Co’s holdings in Boeing were worth $4,478,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Boeing in the third quarter valued at approximately $25,000. Strive Financial Group LLC bought a new position in Boeing in the 4th quarter valued at approximately $25,000. Ares Financial Consulting LLC acquired a new stake in Boeing during the 4th quarter worth approximately $26,000. CrossGen Wealth LLC acquired a new stake in Boeing during the 4th quarter worth approximately $26,000. Finally, Strategic Wealth Advisors LLC bought a new stake in Boeing during the 4th quarter worth approximately $27,000. 64.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Morgan Stanley boosted their price objective on shares of Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 23rd. Tigress Financial increased their price objective on Boeing from $290.00 to $295.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Citigroup lifted their target price on Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $275.00 price target on shares of Boeing in a research report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $261.61.

Insider Activity at Boeing

In other Boeing news, Director Bradley D. Tilden bought 1,370 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average price of $218.50 per share, with a total value of $299,345.00. Following the completion of the purchase, the director directly owned 1,370 shares of the company’s stock, valued at approximately $299,345. This trade represents a ? increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 0.10% of the stock is currently owned by insiders.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing’s return to China is driving optimism after China Southern reportedly placed a $3.62 billion order, including seven freighter aircraft, reinforcing demand in one of the world’s largest aviation markets and boosting the company’s backlog. Boeing (BA) Returns To China With Seven Plane Cargo Order From China Southern
• Positive Sentiment: Recent commentary also highlights improving delivery momentum, a sizable defense award, and a softer interest-rate backdrop, all of which are helping sentiment around Boeing’s cash-flow recovery and operational turnaround. Boeing stock gains as delivery recovery, defense backlog and a softer-rate backdrop lift sentiment
• Positive Sentiment: Analysts and market chatter remain constructive ahead of Boeing’s July 28 second-quarter earnings report, with investors watching for further progress in 737 MAX execution, commercial deliveries, and defense backlog growth. Boeing Stock (BA) Opinions on China Order and Earnings Outlook
• Neutral Sentiment: JetZero’s progress on a new aircraft design underscores long-term competitive pressure on Boeing, but it is more of an industry watch item than an immediate driver of today’s trading. In Mojave Desert, startup JetZero builds novel plane to take on Airbus and Boeing
• Negative Sentiment: A lawsuit involving Boeing-owned Wisk Aero over alleged retaliation tied to safety concerns adds another governance and safety headline, which could weigh on sentiment even if the financial impact is indirect. Boeing-owned Wisk Aero accused of firing manager who raised safety concerns
• Negative Sentiment: Reports of an unplanned IT outage that disrupted factory operations from Washington to Florida highlight ongoing operational fragility and could temper enthusiasm around the recovery story. Boeing says ‘unplanned IT outage’ hit computer systems as factory work from Washington to Florida was disrupted

Boeing Stock Performance

Shares of BA opened at $226.18 on Friday. 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 stock has a market capitalization of $178.30 billion, a P/E ratio of 109.80 and a beta of 1.21. The firm’s fifty day simple moving average is $223.70 and its two-hundred day simple moving average is $224.10. The Boeing Company has a 12 month low of $176.77 and a 12 month high of $254.35.

Boeing (NYSE:BA) last issued its quarterly earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.48. The business had revenue of $22.22 billion for the quarter, compared to analyst estimates of $22.15 billion. The business’s revenue was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.49) earnings per share. As a group, analysts predict that The Boeing Company will post -0.15 EPS 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.