Nwam LLC grew its holdings in The Boeing Company (NYSE:BA – Free Report) by 6.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,006 shares of the aircraft producer’s stock after purchasing an additional 3,238 shares during the period. Nwam LLC’s holdings in Boeing were worth $10,550,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in Boeing during the third quarter valued at approximately $25,000. Strive Financial Group LLC acquired a new position in Boeing in the 4th quarter valued at approximately $25,000. CrossGen Wealth LLC purchased a new stake in Boeing in the 4th quarter worth approximately $26,000. Ares Financial Consulting LLC acquired a new stake in shares of Boeing during the 4th quarter valued at $26,000. Finally, 1 North Wealth Services LLC acquired a new stake in shares of Boeing during the 4th quarter valued at $27,000. 64.82% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on BA. Citigroup upped their price target on shares of Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Tigress Financial upped their target price on Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Morgan Stanley raised their price target on Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 23rd. Wolfe Research reiterated an “outperform” rating and set a $275.00 price target on shares of Boeing in a report on Thursday, April 23rd. Finally, Btg Pactual set a $260.00 price target on Boeing in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Boeing currently has an average rating of “Moderate Buy” and an average price target of $261.53.
Boeing Trading Up 0.8%
Shares of NYSE:BA opened at $217.28 on Wednesday. The stock has a market capitalization of $171.28 billion, a PE ratio of 105.48 and a beta of 1.21. The Boeing Company has a 1 year low of $176.77 and a 1 year high of $254.35. The firm has a fifty day moving average price of $222.87 and a 200 day moving average price of $224.83. The company has a current ratio of 1.18, a quick ratio of 0.35 and a debt-to-equity ratio of 7.42.
Boeing (NYSE:BA – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.68) by $0.48. The company had revenue of $22.22 billion for the quarter, compared to the consensus estimate of $22.15 billion. During the same quarter last year, the business earned ($0.49) earnings per share. Boeing’s quarterly revenue was up 14.0% on a year-over-year basis. Analysts expect that The Boeing Company will post -0.1 EPS for the current fiscal year.
Key Boeing News
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Boeing reported strong second-quarter deliveries of 171 commercial aircraft and 35 defense, space and security deliveries, signaling better production and execution across key programs. Boeing Announces Second Quarter Deliveries
- Positive Sentiment: The company recorded its highest first-half deliveries since 2018, with 314 commercial aircraft handed over through June, which supports the case that Boeing is steadily recovering manufacturing output. Reuters: Boeing records highest first-half deliveries since 2018
- Positive Sentiment: Reports that Riyadh Air may consider a larger Boeing 787 order, possibly for 25 to 30 additional jets, point to potential new demand ahead of the Farnborough Airshow. Reuters: Riyadh Air studies order for more Boeing 787s
- Neutral Sentiment: Boeing is using the Farnborough International Airshow to showcase its commercial, defense and autonomous systems portfolio, including the MQ-28 Ghost Bat, which may help highlight long-term growth opportunities but does not guarantee near-term revenue. Boeing to Showcase Global Programs and Partnerships at Farnborough International Airshow
- Neutral Sentiment: Analysts are looking for Boeing’s upcoming Q2 earnings to show a strong bottom-line improvement, but that report is still ahead and remains a future catalyst rather than a confirmed result. Boeing’s Q2 2026 Earnings: What to Expect
- Negative Sentiment: Broader market worries, including renewed geopolitical risk around the Strait of Hormuz, may have pressured sentiment across equities, though this is not specific to Boeing’s operations. Stocktwits market article
Insider Activity at Boeing
In related news, Director Bradley D. Tilden acquired 1,370 shares of the stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average price of $218.50 per share, with a total value of $299,345.00. Following the acquisition, the director owned 1,370 shares in the company, valued at approximately $299,345. The trade was a ? increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.10% of the company’s stock.
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.
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