Highland Capital Management LLC reduced its position in shares of The Boeing Company (NYSE:BA – Free Report) by 9.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 49,432 shares of the aircraft producer’s stock after selling 4,890 shares during the quarter. Highland Capital Management LLC’s holdings in Boeing were worth $10,733,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of BA. Vanguard Group Inc. boosted its holdings in shares of Boeing by 5.1% during the 4th quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer’s stock worth $15,413,227,000 after buying an additional 3,460,021 shares during the period. Newport Trust Company LLC boosted its holdings in shares of Boeing by 2.5% during the 3rd quarter. Newport Trust Company LLC now owns 29,198,446 shares of the aircraft producer’s stock worth $6,301,901,000 after buying an additional 707,490 shares during the period. Great Lakes Advisors LLC boosted its holdings in shares of Boeing by 25,532.3% during the 3rd quarter. Great Lakes Advisors LLC now owns 424,983 shares of the aircraft producer’s stock worth $91,725,000 after buying an additional 423,325 shares during the period. PFA Pension Forsikringsaktieselskab bought a new stake in shares of Boeing during the 4th quarter worth $89,368,000. Finally, Bessemer Group Inc. boosted its holdings in shares of Boeing by 50.3% during the 3rd quarter. Bessemer Group Inc. now owns 1,069,819 shares of the aircraft producer’s stock worth $230,900,000 after buying an additional 357,995 shares during the period. 64.82% of the stock is owned by institutional investors.
Boeing News Roundup
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: EgyptAir took delivery of its first 737 MAX (737?8), expanding Boeing’s MAX footprint and supporting near?term cashflows from commercial deliveries. EgyptAir Takes Delivery of First Boeing 737 MAX Jet
- Positive Sentiment: Boeing won new commercial orders (Biman Bangladesh, SCAT Airlines) and is advancing sustainability initiatives, which support backlog growth and order momentum versus Airbus in some markets. Boeing Wins New Orders And Advances Climate Moves As Valuation Lags
- Positive Sentiment: Israel approved a major plan to buy F?35 and F?15I aircraft (Lockheed and Boeing involvement), underpinning defense revenues and long?term government backlog. Israel approves plan to buy F-35 and F-15I aircraft from US
- Positive Sentiment: Southwest is preparing for delivery of the Boeing 737 MAX 7 next year and is even considering hiring mechanics from defunct Spirit — a sign of continued demand for Boeing’s newer 737 variants. Southwest weighs hiring Spirit Airlines mechanics ahead of Boeing MAX 7 arrival
- Neutral Sentiment: Analyst and media coverage notes Boeing’s expanding deliveries (e.g., EgyptAir) and order wins, but also highlights that valuation and balance?sheet metrics lag peers — mixed signals for near?term upside. What’s Going On With Boeing Stock Monday?
- Negative Sentiment: A United Airlines Boeing 767 struck a truck and light pole while landing at Newark; although it landed safely, the incident can raise safety headlines and investor caution about fleet incidents—even if the aircraft type is an older model. ‘A major catastrophe was avoided by feet’: A United Airlines plane hits a truck and light pole while landing at Newark airport
- Negative Sentiment: Market reaction has been muted or negative despite new deals (commentary notes BA “slides despite new deal with Israel”), suggesting investor concerns over valuation, cash flow, and leverage may be outweighing order news. Boeing Stock (NYSE:BA) Slides Despite New Deal With Israel
Boeing Stock Down 2.7%
Boeing (NYSE:BA – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.68) by $0.48. The firm had revenue of $22.22 billion for the quarter, compared to the consensus estimate of $22.15 billion. During the same period in the previous year, the business earned ($0.49) EPS. The firm’s revenue was up 14.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that The Boeing Company will post 0.04 EPS for the current year.
Wall Street Analyst Weigh In
A number of analysts have weighed in on BA shares. Citigroup reduced their price target on shares of Boeing from $290.00 to $256.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Jefferies Financial Group reissued a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. JPMorgan Chase & Co. increased their target price on shares of Boeing from $245.00 to $270.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Tigress Financial increased their target price on shares of Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Susquehanna reiterated a “positive” rating and set a $280.00 target price on shares of Boeing in a research report on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Boeing presently has an average rating of “Moderate Buy” and an average target price of $259.60.
Get Our Latest Research Report on Boeing
Insider Activity at Boeing
In other news, EVP Howard E. Mckenzie sold 10,497 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $233.99, for a total value of $2,456,193.03. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Ann M. Schmidt sold 6,281 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $243.37, for a total transaction of $1,528,606.97. Following the completion of the sale, the senior vice president directly owned 13,978 shares in the company, valued at approximately $3,401,825.86. This represents a 31.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 21,012 shares of company stock worth $4,980,687. Corporate insiders own 0.10% of the company’s stock.
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.
See Also
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