The Boeing Company $BA Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its stake in shares of The Boeing Company (NYSE:BA) by 1.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 187,937 shares of the aircraft producer’s stock after buying an additional 2,275 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Boeing were worth $40,562,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BA. Harbor Asset Planning Inc. purchased a new stake in shares of Boeing during the second quarter valued at approximately $25,000. Piscataqua Savings Bank boosted its stake in shares of Boeing by 1,712.5% in the second quarter. Piscataqua Savings Bank now owns 145 shares of the aircraft producer’s stock valued at $30,000 after purchasing an additional 137 shares during the period. Davis Capital Management acquired a new stake in Boeing during the 3rd quarter valued at $33,000. Howard Hughes Medical Institute purchased a new stake in Boeing during the 2nd quarter worth $34,000. Finally, Decker Retirement Planning Inc. purchased a new stake in Boeing during the 2nd quarter worth $35,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Insider Transactions at Boeing

In related news, SVP Dana S. Deasy bought 554 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was bought at an average cost of $178.88 per share, for a total transaction of $99,099.52. Following the completion of the purchase, the senior vice president directly owned 28,442 shares in the company, valued at approximately $5,087,704.96. The trade was a 1.99% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Uma M. Amuluru sold 1,366 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $197.66, for a total value of $270,003.56. Following the transaction, the executive vice president directly owned 14,656 shares of the company’s stock, valued at $2,896,904.96. This trade represents a 8.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Tigress Financial reissued a “buy” rating and issued a $275.00 price objective on shares of Boeing in a research report on Monday, December 29th. Weiss Ratings restated a “sell (d-)” rating on shares of Boeing in a research note on Wednesday, October 8th. BNP Paribas set a $150.00 target price on Boeing in a research report on Tuesday, November 18th. Citigroup began coverage on shares of Boeing in a research report on Thursday, December 11th. They set a “buy” rating and a $265.00 price target for the company. Finally, Loop Capital set a $223.00 price target on shares of Boeing in a report on Monday, November 3rd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, Boeing presently has a consensus rating of “Moderate Buy” and a consensus price target of $235.33.

Boeing Trading Down 0.4%

Shares of NYSE BA opened at $227.22 on Friday. The company has a market capitalization of $172.70 billion, a price-to-earnings ratio of -16.61, a price-to-earnings-growth ratio of 6.57 and a beta of 1.16. The Boeing Company has a twelve month low of $128.88 and a twelve month high of $242.69. The business has a 50 day simple moving average of $203.31 and a 200-day simple moving average of $215.53.

Boeing (NYSE:BA) last released its quarterly earnings data on Wednesday, October 29th. The aircraft producer reported ($7.47) EPS for the quarter, missing analysts’ consensus estimates of ($0.51) by ($6.96). The business had revenue of $23.27 billion for the quarter, compared to analysts’ expectations of $21.61 billion. During the same period in the previous year, the company posted ($10.44) earnings per share. Boeing’s revenue for the quarter was up 30.4% compared to the same quarter last year. As a group, equities analysts predict that The Boeing Company will post -2.58 earnings per share for the current year.

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.