Princeton Capital Management LLC Grows Holdings in The Boeing Company $BA

Princeton Capital Management LLC grew its holdings in shares of The Boeing Company (NYSE:BA) by 78.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,249 shares of the aircraft producer’s stock after buying an additional 5,381 shares during the quarter. Boeing accounts for about 0.7% of Princeton Capital Management LLC’s investment portfolio, making the stock its 26th largest holding. Princeton Capital Management LLC’s holdings in Boeing were worth $2,660,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in BA. Vanguard Group Inc. raised its position in shares of Boeing by 5.1% during the 4th quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer’s stock valued at $15,413,227,000 after acquiring an additional 3,460,021 shares in the last quarter. Newport Trust Company LLC raised its position in shares of Boeing by 2.5% during the 3rd quarter. Newport Trust Company LLC now owns 29,198,446 shares of the aircraft producer’s stock valued at $6,301,901,000 after acquiring an additional 707,490 shares in the last quarter. Great Lakes Advisors LLC raised its position in shares of Boeing by 25,532.3% during the 3rd quarter. Great Lakes Advisors LLC now owns 424,983 shares of the aircraft producer’s stock valued at $91,725,000 after acquiring an additional 423,325 shares in the last quarter. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Boeing during the 4th quarter valued at approximately $89,368,000. Finally, Bessemer Group Inc. raised its position in shares of Boeing by 50.3% during the 3rd quarter. Bessemer Group Inc. now owns 1,069,819 shares of the aircraft producer’s stock valued at $230,900,000 after acquiring an additional 357,995 shares in the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on BA shares. Argus raised Boeing to a “hold” rating in a research report on Monday, February 2nd. Wells Fargo & Company started coverage on Boeing in a research report on Wednesday, April 1st. They set an “overweight” rating and a $250.00 price target on the stock. Jefferies Financial Group reissued a “buy” rating on shares of Boeing in a research report on Wednesday, March 4th. UBS Group upped their price target on Boeing from $275.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Finally, TD Cowen reissued a “buy” rating on shares of Boeing in a research report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $259.80.

Boeing Stock Up 3.4%

BA stock opened at $222.23 on Thursday. The stock has a market cap of $175.18 billion, a PE ratio of 107.88 and a beta of 1.21. The firm’s 50-day simple moving average is $217.20 and its 200 day simple moving average is $218.49. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35. The company has a quick ratio of 0.35, a current ratio of 1.18 and a debt-to-equity ratio of 7.42.

Boeing (NYSE:BA) last posted its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 period in the previous year, the firm earned ($0.49) earnings per share. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. As a group, sell-side analysts predict that The Boeing Company will post -0.15 EPS for the current year.

Insider Buying and Selling

In other news, EVP Uma M. Amuluru sold 1,503 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $233.78, for a total transaction of $351,371.34. Following the completion of the transaction, the executive vice president directly owned 19,015 shares in the company, valued at approximately $4,445,326.70. The trade was a 7.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mortimer J. Buckley acquired 2,230 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was acquired at an average cost of $224.20 per share, with a total value of $499,966.00. Following the completion of the acquisition, the director directly owned 4,430 shares in the company, valued at approximately $993,206. This represents a 101.36% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.10% of the company’s stock.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: China confirmed it will buy 200 Boeing jets, a major commercial win that strengthens Boeing’s backlog and supports near-term delivery visibility. Reuters article
• Positive Sentiment: Reports that U.S.-China trade talks may extend the tariff truce add to optimism that Boeing’s China business could face fewer trade-related headwinds. Yahoo Finance article
• Positive Sentiment: Analyst commentary points to Boeing’s record $695 billion backlog, improving deliveries, and defense growth as evidence that its recovery is becoming more durable. Zacks article
• Positive Sentiment: Additional coverage of Boeing’s in-flight connectivity work with Gilat suggests ongoing product and partnership momentum outside core jet sales. Yahoo Finance article
• Neutral Sentiment: Some articles discussed Boeing’s defense business as a growing contributor, but these were more strategic than immediately market-moving. TipRanks article
• Neutral Sentiment: Other mentions focused on legal and safety scrutiny, including the UPS crash investigation and fuel-switch testing in India, which are longer-term overhangs rather than today’s main driver. Reuters article
• Negative Sentiment: One bearish note argued Boeing’s earnings quality remains weak, pointing to negative core earnings and overstated GAAP results, which could limit upside if investors refocus on fundamentals. Seeking Alpha article

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.