The Boeing Company $BA Shares Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio raised its stake in shares of The Boeing Company (NYSE:BA) by 1.4% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 302,601 shares of the aircraft producer’s stock after buying an additional 4,203 shares during the period. Public Employees Retirement System of Ohio’s holdings in Boeing were worth $60,227,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC purchased a new stake in Boeing in the 3rd quarter worth approximately $25,000. Strive Financial Group LLC purchased a new position in shares of Boeing during the 4th quarter valued at approximately $25,000. Ares Financial Consulting LLC purchased a new position in shares of Boeing during the 4th quarter valued at approximately $26,000. CrossGen Wealth LLC acquired a new position in shares of Boeing in the 4th quarter valued at $26,000. Finally, Strategic Wealth Advisors LLC acquired a new position in shares of Boeing in the 4th quarter valued at $27,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing Stock Performance

BA opened at $209.03 on Friday. The firm’s fifty day simple moving average is $219.57 and its two-hundred day simple moving average is $224.46. The Boeing Company has a 52-week low of $176.77 and a 52-week high of $254.35. The company has a market cap of $164.78 billion, a price-to-earnings ratio of 101.47 and a beta of 1.21. 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 released its quarterly earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.68) by $0.48. The company had revenue of $22.22 billion for the quarter, compared to analyst estimates of $22.15 billion. During the same quarter last year, the company earned ($0.49) EPS. The firm’s revenue for the quarter was up 14.0% on a year-over-year basis. Equities analysts anticipate that The Boeing Company will post -0.33 earnings per share for the current fiscal year.

Insider Transactions at Boeing

In other news, Director Bradley D. Tilden acquired 1,370 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was bought at an average cost of $218.50 per share, for a total transaction of $299,345.00. Following the purchase, the director owned 1,370 shares in the company, valued at approximately $299,345. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

BA has been the topic of several analyst reports. Wolfe Research restated an “outperform” rating and set a $275.00 price target on shares of Boeing in a research report on Thursday, April 23rd. Btg Pactual set a $260.00 price objective on shares of Boeing in a research report on Tuesday, July 14th. Weiss Ratings reissued a “sell (d+)” rating on shares of Boeing in a research note on Tuesday. Citigroup upped their price target on Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, Tigress Financial raised 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. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $261.53.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing is making progress toward FAA certification of the 737 Max 10, with more than 1,500 aircraft orders waiting for approval; a green light this fall could lift future delivery and revenue prospects. Boeing Nears Max 10 Certification With 1,500+ Orders Awaiting Approval
• Positive Sentiment: The company continues to see stronger commercial deliveries and production gains heading into Q2, which could help revenue growth if supply constraints do not worsen. Buy, Hold or Sell Boeing Stock? Key Insights Ahead of Q2 Earnings
• Positive Sentiment: Boeing won a quiet order race at the Farnborough airshow, reinforcing that demand for its aircraft remains intact even as the broader aerospace industry faces supply limits. Boeing Wins Quiet Airshow Order Race
• Neutral Sentiment: Analysts and market commentary remain focused on Boeing’s upcoming Q2 results, including revenue, EPS, deliveries, and cash flow, making the report the next major catalyst for the stock. Exploring Analyst Estimates for Boeing (BA) Q2 Earnings, Beyond Revenue and EPS
• Neutral Sentiment: Industry coverage from Farnborough suggested Boeing and Airbus are still divided by production-rate expectations, underscoring that execution, not just demand, will determine the pace of recovery. Airbus, Boeing fly in different directions at Farnborough
• Negative Sentiment: Reports that China is seeking new Boeing order terms are adding uncertainty to a key international market and raising doubts about the durability of the Trump-Xi deal backdrop. China is said to seek new Boeing order terms, raising doubts on Trump-Xi deal
• Negative Sentiment: Traders are also weighing supply-chain bottlenecks and a bearish chart setup, with Boeing trading below key moving averages ahead of earnings. Boeing Stock Sits Below All Four Key Moving Averages Ahead of Q2 Earnings

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.