The Boeing Company $BA Shares Bought by Waverly Advisors LLC

Waverly Advisors LLC raised its stake in The Boeing Company (NYSE:BAFree Report) by 17.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 49,787 shares of the aircraft producer’s stock after acquiring an additional 7,532 shares during the period. Waverly Advisors LLC’s holdings in Boeing were worth $9,909,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on BA shares. Wells Fargo & Company initiated coverage on Boeing in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $250.00 target price for the company. Wolfe Research reissued an “outperform” rating and set a $275.00 price target on shares of Boeing in a research report on Thursday, April 23rd. Weiss Ratings restated a “sell (d+)” rating on shares of Boeing in a research note on Tuesday, July 21st. Citigroup lifted their price objective on shares of Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, Tigress Financial lifted their price objective on shares of Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $261.53.

Check Out Our Latest Analysis on Boeing

Key Boeing News

Here are the key news stories impacting Boeing this week:

  • Positive Sentiment: The Federal Aviation Administration recently restored Boeing’s authority to issue airworthiness certificates for newly produced 737 MAX and 787 aircraft after months of testing and safety audits. The milestone could help reduce delivery bottlenecks and supports the view that the 737 MAX recovery is progressing. Does Boeing’s FAA Win Signal the 737 MAX Turnaround Is Finally Underway?
  • Positive Sentiment: Emirates reportedly remains eager to receive the larger 777X aircraft, offering a positive demand signal for Boeing’s long-delayed wide-body program. Continued customer interest could reinforce the program’s long-term revenue potential, although delivery timing remains important. Emirates Eager to See Bigger 777X Aircraft, Boeing Stock Gains
  • Neutral Sentiment: Boeing is scheduled to report second-quarter results before the bell on July 28. Analysts expect a narrower loss, but investors will focus more heavily on free cash flow, production rates, aircraft deliveries, backlog conversion and management’s outlook for the turnaround. Boeing Set to Report Earnings – Here’s What Investors Should Watch
  • Neutral Sentiment: Boeing earnings are one of the week’s major market events alongside reports from Ford and Visa, consumer-confidence data, inflation figures and the Federal Reserve meeting. These broader catalysts could increase volatility in BA and influence expectations for aerospace demand and interest rates. Boeing & Ford Earnings, July Consumer Confidence: What to Watch
  • Negative Sentiment: The earnings preview highlights continued turnaround risk. Boeing’s stock has declined over the past year, while its substantial debt burden and weak liquidity metrics leave little room for production setbacks or additional cash needs. Investors are seeking clear evidence that manufacturing and deliveries are improving. Boeing Q2 Earnings Preview: What to Expect

Boeing Stock Performance

Shares of NYSE BA opened at $211.69 on Tuesday. The company has a quick ratio of 0.35, a current ratio of 1.18 and a debt-to-equity ratio of 7.42. The firm’s 50-day moving average price is $219.17 and its two-hundred day moving average price is $224.20. The Boeing Company has a 52-week low of $176.77 and a 52-week high of $254.35. The stock has a market capitalization of $166.88 billion, a P/E ratio of 102.76 and a beta of 1.21.

Insider Buying and Selling at Boeing

In related news, Director Bradley D. Tilden purchased 1,370 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average cost of $218.50 per share, for a total transaction of $299,345.00. Following the transaction, the director owned 1,370 shares of the company’s stock, valued at $299,345. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.

Boeing Company 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.

Further Reading

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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