Legal & General Group Plc grew its stake in The Boeing Company (NYSE:BA – Free Report) by 7.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,369,615 shares of the aircraft producer’s stock after buying an additional 223,995 shares during the quarter. Legal & General Group Plc owned 0.44% of Boeing worth $727,264,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Reyes Financial Architecture Inc. purchased a new stake in Boeing in the 3rd quarter worth approximately $32,000. Davis Capital Management purchased a new stake in Boeing during the third quarter worth $33,000. Howard Hughes Medical Institute acquired a new stake in Boeing during the second quarter valued at $34,000. Centerpoint Advisors LLC increased its holdings in Boeing by 62.4% in the third quarter. Centerpoint Advisors LLC now owns 164 shares of the aircraft producer’s stock valued at $35,000 after buying an additional 63 shares in the last quarter. Finally, AlphaQuest LLC acquired a new position in shares of Boeing in the third quarter worth about $45,000. 64.82% of the stock is owned by institutional investors and hedge funds.
Boeing Trading Down 2.7%
Shares of BA opened at $224.84 on Tuesday. The Boeing Company has a 12-month low of $128.88 and a 12-month high of $254.35. The firm has a market capitalization of $176.58 billion, a P/E ratio of 111.86 and a beta of 1.14. The firm has a 50-day moving average price of $235.85 and a 200 day moving average price of $219.73. The company has a current ratio of 1.19, a quick ratio of 0.40 and a debt-to-equity ratio of 8.37.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on BA. Weiss Ratings upgraded Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Boeing in a research note on Tuesday, December 9th. TD Cowen reissued a “buy” rating on shares of Boeing in a research note on Wednesday, January 28th. UBS Group upped their price objective on shares of Boeing from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Finally, Argus upgraded shares of Boeing to a “hold” rating in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $246.14.
Boeing News Summary
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Company director purchased stock (~$499,966), a signal of insider confidence that can support the share price. Boeing (NYSE:BA) Director Acquires $499,966.00 in Stock
- Positive Sentiment: Analysts maintain a consensus “Moderate Buy” rating on BA, offering institutional support that can limit downside. The Boeing Company (NYSE:BA) Receives Consensus Recommendation of “Moderate Buy” from Analysts
- Neutral Sentiment: Boeing is reportedly on the cusp of a very large jet order from China — a meaningful revenue opportunity but one that is politically and execution-risk sensitive, so markets remain cautious. Boeing Stock (NYSE:BA) Plunges Despite Big New Jet Order
- Neutral Sentiment: Broader market moves (Dow volatility, oil-driven pressure on carriers) are influencing aerospace names; higher fuel costs can suppress airline profitability and future demand timing. Stock Market Today: Dow Gains As Trump Says Iran War Is ‘Very Complete’; Cruise Stock Soars (Live Coverage)
- Neutral Sentiment: Long-term tailwinds for aviation testing and MRO equipment growth support industry demand over time, which benefits Boeing’s commercial and aftermarket exposure. Aviation Test Equipment Market Report 2025-2033
- Negative Sentiment: Rising program risks tied to NASA work and a recent decision by the U.S. Space Force to pause some rocket launches at suppliers (including Boeing-linked activity) raise near-term revenue and execution uncertainty for Boeing’s space business. Boeing Balances Huge China Jet Deal With Rising NASA Program Risks
- Negative Sentiment: Despite headlines about a big China order, investors remain skittish — the market reacted negatively to the combination of geopolitical sensitivity around China deals and program-level space concerns, contributing to the share-price drop. Boeing (BA) Stock Falls Amid Market Uptick: What Investors Need to Know
Insiders Place Their Bets
In related news, EVP Howard E. Mckenzie sold 10,497 shares of the 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 completion of the transaction, the executive vice president directly owned 14,692 shares in the company, valued at approximately $3,437,781.08. This represents a 41.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mortimer J. Buckley bought 2,230 shares of Boeing stock in a transaction on Tuesday, March 3rd. The stock was acquired at an average price of $224.20 per share, for a total transaction of $499,966.00. Following the transaction, the director directly owned 4,430 shares of the company’s stock, valued at approximately $993,206. This trade represents a 101.36% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have sold 21,012 shares of company stock valued at $4,980,687. Insiders own 0.09% of the company’s stock.
Boeing 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.
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