Chicago Partners Investment Group LLC Has $2.59 Million Stake in The Boeing Company $BA

Chicago Partners Investment Group LLC grew its stake in shares of The Boeing Company (NYSE:BA) by 24.9% during the first quarter, Holdings Channel.com reports. The institutional investor owned 13,034 shares of the aircraft producer’s stock after acquiring an additional 2,599 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Boeing were worth $2,594,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BA. Vanguard Group Inc. grew its holdings in Boeing by 5.1% during the fourth quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer’s stock valued at $15,413,227,000 after purchasing an additional 3,460,021 shares during the period. Newport Trust Company LLC increased its stake in Boeing by 1.0% in the fourth quarter. Newport Trust Company LLC now owns 29,485,294 shares of the aircraft producer’s stock valued at $6,401,847,000 after purchasing an additional 286,848 shares in the last quarter. Geode Capital Management LLC raised its holdings in Boeing by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 17,025,435 shares of the aircraft producer’s stock worth $3,679,592,000 after purchasing an additional 533,753 shares during the period. Fisher Asset Management LLC raised its holdings in Boeing by 2.5% in the fourth quarter. Fisher Asset Management LLC now owns 5,640,900 shares of the aircraft producer’s stock worth $1,224,752,000 after purchasing an additional 135,860 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Boeing by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,370,415 shares of the aircraft producer’s stock worth $948,905,000 after purchasing an additional 138,469 shares in the last quarter. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Boeing Stock Down 2.9%

Shares of BA stock opened at $215.74 on Tuesday. The firm has a fifty day moving average of $223.01 and a 200-day moving average of $224.83. 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 Boeing Company has a 12-month low of $176.77 and a 12-month high of $254.35. The company has a market capitalization of $170.07 billion, a price-to-earnings ratio of 104.73 and a beta of 1.21.

Boeing (NYSE:BA) last issued its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates 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. The company’s revenue was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.49) earnings per share. As a group, equities research analysts predict that The Boeing Company will post -0.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Wolfe Research reissued an “outperform” rating and issued a $275.00 price target on shares of Boeing in a report on Thursday, April 23rd. Citigroup raised their price objective on Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Morgan Stanley lifted their target price on Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. Wells Fargo & Company started coverage on Boeing in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $250.00 target price for the company. Finally, Tigress Financial increased their price target on Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $261.61.

Insider Transactions at Boeing

In other news, Director Bradley D. Tilden purchased 1,370 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were purchased at an average price of $218.50 per share, with a total value of $299,345.00. Following the purchase, the director directly owned 1,370 shares of the company’s stock, valued at $299,345. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.10% of the company’s stock.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Saudi carrier Riyadh Air is reportedly considering a large follow-on order for 25-30 more Boeing 787 Dreamliners, which would reinforce demand for Boeing’s widebody jets ahead of the Farnborough Airshow. Riyadh Air studies order for 25-30 more Boeing 787s, sources say
• Positive Sentiment: Boeing is highlighting its commercial, defense, and services portfolio at Farnborough, including the 777X, MQ-28 Ghost Bat, Chinook, and T-7 programs, which could help build customer confidence and support future sales. Boeing to Showcase Global Programs and Partnerships at Farnborough International Airshow
• Positive Sentiment: Analysts also pointed to Trump’s expanded defense spending push as a potential long-term benefit for Boeing’s defense business. Trump’s Trillion‑Dollar Defense Push Could Be a Boon for Lockheed, RTX, Boeing and Northrop
• Neutral Sentiment: Boeing’s Farnborough presentation is being framed as an opportunity to “continue building trust,” suggesting the company is still in reputation-repair mode as it works to reassure customers and investors. ‘An Opportunity to Continue Building Trust,’ Boeing Stock (NYSE:BA) Slides as it Prepares for Farnborough Show
• Negative Sentiment: Two British Airways Boeing 777 flights bound for the U.S. reportedly turned back within two days because of technical issues, adding to concerns about reliability across Boeing’s aging fleet. Aging Fleet: 2 US-Bound British Airways Boeing 777s Turn Back With Tech Issues In 2 Days
• Negative Sentiment: Broader market headlines about renewed U.S.-Iran conflict fears and potential disruption in the Strait of Hormuz may also be weighing on risk sentiment for industrial and defense names. S&P 500, Nasdaq, Dow End Lower As US-Iran War Fear Remerges

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.