The Boeing Company $BA Position Trimmed by Forum Financial Management LP

Forum Financial Management LP reduced its holdings in The Boeing Company (NYSE:BA) by 55.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 2,994 shares of the aircraft producer’s stock after selling 3,671 shares during the quarter. Forum Financial Management LP’s holdings in Boeing were worth $596,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Purus Wealth Management LLC raised its position in shares of Boeing by 3.6% during the 4th quarter. Purus Wealth Management LLC now owns 1,177 shares of the aircraft producer’s stock worth $256,000 after purchasing an additional 41 shares during the period. West Wealth Group LLC grew its stake in Boeing by 0.6% during the 4th quarter. West Wealth Group LLC now owns 7,279 shares of the aircraft producer’s stock worth $1,581,000 after buying an additional 42 shares during the last quarter. First Heartland Consultants Inc. increased its position in Boeing by 1.1% in the fourth quarter. First Heartland Consultants Inc. now owns 4,062 shares of the aircraft producer’s stock worth $882,000 after buying an additional 43 shares during the period. XML Financial LLC lifted its stake in Boeing by 0.5% in the fourth quarter. XML Financial LLC now owns 8,905 shares of the aircraft producer’s stock valued at $1,933,000 after buying an additional 43 shares during the last quarter. Finally, Global Financial Private Client LLC boosted its holdings in shares of Boeing by 1.1% during the fourth quarter. Global Financial Private Client LLC now owns 4,025 shares of the aircraft producer’s stock valued at $874,000 after acquiring an additional 44 shares during the period. Institutional investors own 64.82% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on BA. Citigroup increased 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. Morgan Stanley lifted their price target on Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a report on Thursday, April 23rd. Jefferies Financial Group reissued a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. Weiss Ratings cut Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Finally, Tigress Financial lifted their target price on Boeing from $290.00 to $295.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $261.61.

Insider Buying and Selling at Boeing

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

Boeing Trading Up 0.7%

Shares of Boeing stock opened at $216.15 on Wednesday. The business has a fifty day simple moving average of $223.70 and a 200-day simple moving average of $223.82. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35. The firm has a market cap of $170.39 billion, a price-to-earnings ratio of 104.93 and a beta of 1.19. 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 earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.48. The firm had revenue of $22.22 billion for the quarter, compared to analyst estimates of $22.15 billion. During the same period in the previous year, the firm earned ($0.49) earnings per share. Boeing’s revenue was up 14.0% on a year-over-year basis. On average, equities analysts forecast that The Boeing Company will post -0.15 EPS for the current fiscal year.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing returned to China’s commercial market with an order from China Southern Airlines for seven cargo aircraft, including 777-8 freighters. The deal is a notable signal that Boeing can still win large international orders in a key market, which could support sentiment for its commercial aircraft business. Boeing (BA) Returns To China With Seven Plane Cargo Order From China Southern
• Positive Sentiment: Boeing also entered fresh contract talks starting July 1, which some investors may view as a potential catalyst if negotiations improve labor stability and reduce the risk of further disruptions. Contract Talks Start July 1, Boeing Stock (NYSE:BA) Notches Up
• Neutral Sentiment: FAA restrictions tied to Boeing jets and 5G interference in Canada highlight ongoing regulatory/operational complexity for the company, but the direct stock impact is unclear from the report alone. FAA issues directives for Boeing jets on Canada 5G interference
• Negative Sentiment: Boeing disclosed an unplanned IT outage that disrupted factory operations from Washington to Florida, temporarily affecting both commercial and military production. That kind of manufacturing interruption can weigh on investor confidence because it raises near-term execution risk. Boeing Says ‘Unplanned IT Outage’ Hit Computer Systems as Factory Work From Washington to Florida was Disrupted
• Negative Sentiment: Earlier reports also noted Boeing stock declined despite broader market gains, suggesting investors remain cautious amid mixed headlines and execution concerns. Boeing (BA) Stock Drops Despite Market Gains: Important Facts to Note

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.