Robertson Stephens Wealth Management LLC Buys 2,436 Shares of The Boeing Company $BA

Robertson Stephens Wealth Management LLC raised its stake in The Boeing Company (NYSE:BA) by 17.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,690 shares of the aircraft producer’s stock after purchasing an additional 2,436 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Boeing were worth $3,624,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its stake in Boeing by 3.3% during the 3rd quarter. Fisher Asset Management LLC now owns 5,505,040 shares of the aircraft producer’s stock valued at $1,188,153,000 after acquiring an additional 177,597 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Boeing by 41.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 223,824 shares of the aircraft producer’s stock valued at $48,316,000 after acquiring an additional 65,216 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in Boeing by 0.6% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,026,896 shares of the aircraft producer’s stock valued at $437,465,000 after acquiring an additional 11,968 shares in the last quarter. Xcel Wealth Management LLC lifted its stake in Boeing by 12.1% during the 3rd quarter. Xcel Wealth Management LLC now owns 49,230 shares of the aircraft producer’s stock valued at $10,625,000 after acquiring an additional 5,327 shares in the last quarter. Finally, Greystone Financial Group LLC lifted its stake in Boeing by 183.3% during the 3rd quarter. Greystone Financial Group LLC now owns 8,808 shares of the aircraft producer’s stock valued at $1,901,000 after acquiring an additional 5,699 shares in the last quarter. 64.82% of the stock is currently owned by institutional investors.

Boeing Stock Down 0.6%

BA stock opened at $227.58 on Friday. 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 has a market capitalization of $179.40 billion, a PE ratio of 110.48 and a beta of 1.21. The Boeing Company has a twelve month low of $176.77 and a twelve month high of $254.35. The stock has a 50-day simple moving average of $217.11 and a two-hundred day simple moving average of $217.36.

Boeing (NYSE:BA) last posted its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.48. The company had revenue of $22.22 billion for the quarter, compared to analysts’ expectations of $22.15 billion. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.49) EPS. On average, equities analysts predict that The Boeing Company will post 0.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BA has been the topic of several recent analyst reports. Weiss Ratings cut Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Wells Fargo & Company initiated coverage on Boeing in a research note on Wednesday, April 1st. They set an “overweight” rating and a $250.00 price objective on the stock. TD Cowen restated a “buy” rating on shares of Boeing in a research note on Wednesday, January 28th. Sanford C. Bernstein restated an “outperform” rating on shares of Boeing in a research note on Wednesday, January 28th. Finally, Morgan Stanley raised their price objective on Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.60.

Insider Buying and Selling

In other Boeing news, EVP Howard E. Mckenzie sold 10,497 shares of Boeing stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $233.99, for a total transaction of $2,456,193.03. Following the completion of the transaction, the executive vice president owned 14,692 shares of the company’s stock, valued at $3,437,781.08. The trade was a 41.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Ann M. Schmidt sold 6,281 shares of Boeing stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $243.37, for a total value of $1,528,606.97. Following the transaction, the senior vice president directly owned 13,978 shares of the company’s stock, valued at $3,401,825.86. The trade was a 31.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 21,012 shares of company stock worth $4,980,687 over the last quarter. 0.10% of the stock is owned by corporate insiders.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Biman Bangladesh placed a 14?aircraft order (mix of 787?10, 787?9 and 737?8) worth about $3.7B, boosting Boeing’s commercial backlog and near?term delivery visibility. Biman Bangladesh Airlines Orders 14 Boeing 787 Dreamliner and 737 MAX Jets
• Positive Sentiment: The U.S. Air Force plans to buy five additional Boeing E?7A Wedgetail surveillance aircraft (on top of two prototypes), supporting Boeing’s defense revenue and government backlog. US Air Force plans to buy five more Boeing E-7A surveillance aircraft
• Positive Sentiment: Bank of America reiterated a Buy rating and $270 price target, saying Boeing’s core operational trajectory remains positive even though the turnaround is uneven — a vote of confidence from a major broker. Boeing continues to show turnaround progress, keeping Banking of America bullish
• Neutral Sentiment: Analyst consensus price target sits around $259.35 — above current levels but below some broker targets, offering mixed signals on upside. The Boeing Company (NYSE:BA) Receives $259.35 Average Price Target from Brokerages
• Neutral Sentiment: Boeing made a carbon?purchase move highlighted by ESG coverage — positive for sustainability positioning but likely limited near?term financial impact. “…Supporting the Responsible Growth of our Industry…” Boeing Stock (NYSE:BA) Notches Up With Carbon Purchase
• Negative Sentiment: Concerns remain: Boeing’s turnaround has uneven execution, debt levels are high and valuation is elevated (P/E >100 on trailing figures), leaving shares sensitive to any operational hiccups or delivery delays. Investors appear to be trimming positions into the upbeat headlines.

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.