The Boeing Company $BA Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC decreased its holdings in The Boeing Company (NYSE:BAFree Report) by 4.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,587,442 shares of the aircraft producer’s stock after selling 66,415 shares during the period. Boeing makes up about 0.5% of Natixis Advisors LLC’s investment portfolio, making the stock its 28th largest position. Natixis Advisors LLC’s holdings in Boeing were worth $342,618,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BA. Reyes Financial Architecture Inc. acquired a new stake in shares of Boeing in the third quarter worth $32,000. Davis Capital Management acquired a new position in shares of Boeing during the 3rd quarter valued at $33,000. Howard Hughes Medical Institute acquired a new position in shares of Boeing during the 2nd quarter valued at $34,000. Centerpoint Advisors LLC boosted its position in Boeing by 62.4% during the 3rd quarter. Centerpoint Advisors LLC now owns 164 shares of the aircraft producer’s stock worth $35,000 after purchasing an additional 63 shares during the period. Finally, Decker Retirement Planning Inc. acquired a new stake in Boeing in the 2nd quarter valued at $35,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Boeing news, Director Mortimer J. Buckley purchased 2,230 shares of Boeing stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average price of $224.20 per share, with a total value of $499,966.00. Following the completion of the acquisition, the director owned 4,430 shares of the company’s stock, valued at approximately $993,206. This trade represents a 101.36% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Howard E. Mckenzie sold 10,497 shares of Boeing stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $233.99, for a total value of $2,456,193.03. Following the sale, the executive vice president owned 14,692 shares in the company, valued at $3,437,781.08. This represents a 41.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 21,012 shares of company stock worth $4,980,687. Company insiders own 0.09% of the company’s stock.

Boeing Stock Performance

Shares of BA stock opened at $231.12 on Friday. The company has a debt-to-equity ratio of 8.37, a current ratio of 1.19 and a quick ratio of 0.40. The company’s fifty day moving average price is $235.70 and its two-hundred day moving average price is $219.77. The firm has a market capitalization of $181.51 billion, a P/E ratio of 114.99 and a beta of 1.14. The Boeing Company has a 12 month low of $128.88 and a 12 month high of $254.35.

Boeing (NYSE:BAGet Free Report) last announced its earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share for the quarter, beating the consensus estimate of ($0.40) by $10.32. The business had revenue of $23.95 billion for the quarter, compared to analyst estimates of $22.41 billion. During the same quarter in the prior year, the business earned ($5.90) earnings per share. The firm’s revenue was up 57.1% on a year-over-year basis. On average, research analysts anticipate that The Boeing Company will post -2.58 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. TD Cowen reissued a “buy” rating on shares of Boeing in a research report on Wednesday, January 28th. Morgan Stanley set a $245.00 target price on Boeing in a research note on Wednesday, January 28th. UBS Group raised their target price on Boeing from $275.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. JPMorgan Chase & Co. boosted their price target on Boeing from $245.00 to $270.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Finally, Wolfe Research restated an “outperform” rating on shares of Boeing in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $246.14.

Check Out Our Latest Stock Report on Boeing

Trending Headlines about Boeing

Here are the key news stories impacting Boeing this week:

Boeing Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding BA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Boeing Company (NYSE:BAFree Report).

Institutional Ownership by Quarter for Boeing (NYSE:BA)

Receive News & Ratings for Boeing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing and related companies with MarketBeat.com's FREE daily email newsletter.