Principal Financial Group Inc. increased its holdings in shares of The Boeing Company (NYSE:BA – Free Report) by 9.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,184,715 shares of the aircraft producer’s stock after purchasing an additional 100,434 shares during the period. Principal Financial Group Inc.’s holdings in Boeing were worth $235,794,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the business. Purus Wealth Management LLC boosted its position in shares of Boeing by 3.6% in the fourth quarter. Purus Wealth Management LLC now owns 1,177 shares of the aircraft producer’s stock valued at $256,000 after acquiring an additional 41 shares during the period. West Wealth Group LLC increased its position in Boeing by 0.6% during the fourth quarter. West Wealth Group LLC now owns 7,279 shares of the aircraft producer’s stock worth $1,581,000 after acquiring an additional 42 shares during the period. First Heartland Consultants Inc. increased its position in Boeing by 1.1% during the fourth quarter. First Heartland Consultants Inc. now owns 4,062 shares of the aircraft producer’s stock worth $882,000 after acquiring an additional 43 shares during the period. XML Financial LLC raised its stake in Boeing by 0.5% during the 4th quarter. XML Financial LLC now owns 8,905 shares of the aircraft producer’s stock valued at $1,933,000 after purchasing an additional 43 shares during the last quarter. Finally, Global Financial Private Client LLC boosted its holdings in Boeing by 1.1% in the 4th quarter. Global Financial Private Client LLC now owns 4,025 shares of the aircraft producer’s stock valued at $874,000 after purchasing an additional 44 shares during the period. Institutional investors own 64.82% of the company’s stock.
Boeing News Summary
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
Wall Street Analysts Forecast Growth
BA has been the topic of several research analyst reports. Wells Fargo & Company began coverage on shares of Boeing in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $250.00 price target on the stock. Weiss Ratings lowered shares of Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Morgan Stanley increased their target price on shares of Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Tigress Financial boosted their price target on Boeing from $290.00 to $295.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Citigroup upped their price target on Boeing from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday, May 18th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $261.53.
Read Our Latest Report on Boeing
Boeing Stock Performance
NYSE BA opened at $217.28 on Wednesday. The stock has a market cap of $171.28 billion, a P/E ratio of 105.48 and a beta of 1.21. The company’s 50-day simple moving average is $222.87 and its 200 day simple moving average is $224.83. The Boeing Company has a twelve month low of $176.77 and a twelve month 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 – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.68) by $0.48. The business had revenue of $22.22 billion during the quarter, compared to analyst estimates of $22.15 billion. The business’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period last year, the company earned ($0.49) EPS. As a group, research analysts forecast that The Boeing Company will post -0.1 earnings per share for the current fiscal year.
About Boeing
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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