Savant Capital LLC Has $4.38 Million Holdings in The Boeing Company $BA

Savant Capital LLC reduced its holdings in The Boeing Company (NYSE:BA) by 12.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,182 shares of the aircraft producer’s stock after selling 2,873 shares during the quarter. Savant Capital LLC’s holdings in Boeing were worth $4,382,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Boeing in the 3rd quarter worth approximately $25,000. Ares Financial Consulting LLC acquired a new position in shares of Boeing in the 4th quarter worth approximately $26,000. Strategic Wealth Advisors LLC acquired a new position in shares of Boeing in the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in Boeing during the 4th quarter worth $28,000. Finally, American National Bank & Trust lifted its holdings in Boeing by 124.2% during the 4th quarter. American National Bank & Trust now owns 139 shares of the aircraft producer’s stock worth $30,000 after buying an additional 77 shares in the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The FAA appears to be clearing the way for Boeing to move toward a 47-per-month production rate for the 737 MAX, signaling improving confidence in the company’s manufacturing stability and certification progress. 777X in 2027? FAA Suggests So, as Boeing Stock (NYSE:BA) Rises
• Positive Sentiment: CEO Kelly Ortberg said the 737 production ramp is stabilizing and that certification efforts are intensifying, reinforcing the view that Boeing is making operational progress after years of setbacks. Boeing CEO says 737 production ramp is stabilizing as certification push intensifies
• Positive Sentiment: Reports that China agreed to buy 200 Boeing aircraft continue to support the stock, with management describing the deal as only an initial tranche of potentially larger orders. Boeing CEO says 200-jet China deal an ‘initial tranche’ with more to come
• Positive Sentiment: Boeing also won an $854.7 million contract modification for P-8A aircraft for foreign military sales, adding to its defense backlog and helping offset commercial aircraft volatility. The Boeing Company wins $854.7M modification for P-8A aircraft for FMS
• Neutral Sentiment: A broader industry note said aerospace stocks are benefiting from an aftermarket rebound, which could provide a supportive backdrop for Boeing but does not directly change company fundamentals. 3 Aerospace Stocks Ready to Ride the Aftermarket Rebound
• Neutral Sentiment: Boeing’s SkyGrid unit announced new partnerships in U-space and advanced air mobility, which expands long-term optionality but is not likely to drive near-term stock moves. Boeing’s SkyGrid Moves Into U Space And Advanced Air Mobility

Wall Street Analyst Weigh In

BA has been the topic of several research reports. Wolfe Research reaffirmed an “outperform” rating and set a $275.00 price objective on shares of Boeing in a report on Thursday, April 23rd. Morgan Stanley upped their price objective 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 initiated coverage on Boeing in a report on Wednesday, April 1st. They set an “overweight” rating and a $250.00 price objective on the stock. Citigroup upped their price objective on Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, Tigress Financial upped their price objective on Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Boeing presently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Insider Buying and Selling at Boeing

In other Boeing news, Director Mortimer J. Buckley bought 2,230 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was bought at an average price of $224.20 per share, for a total transaction of $499,966.00. Following the transaction, the director owned 4,430 shares of the company’s stock, valued at approximately $993,206. The trade was a 101.36% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Bradley D. Tilden bought 1,370 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were acquired at an average price of $218.50 per share, with a total value of $299,345.00. Following the transaction, the director directly owned 1,370 shares in the company, valued at approximately $299,345. The trade was a ? increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.10% of the company’s stock.

Boeing Stock Up 0.9%

NYSE:BA opened at $230.75 on Friday. The stock’s fifty day moving average price is $218.89 and its two-hundred day moving average price is $219.53. The company has a market cap of $181.90 billion, a price-to-earnings ratio of 112.01 and a beta of 1.21. The Boeing Company has a 52-week low of $176.77 and a 52-week high of $254.35. The company has a debt-to-equity ratio of 7.42, a quick ratio of 0.35 and a current ratio of 1.18.

Boeing (NYSE:BA) last issued its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.68) by $0.48. The business had revenue of $22.22 billion for the quarter, compared to the consensus estimate of $22.15 billion. The business’s revenue was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.49) EPS. On average, analysts anticipate that The Boeing Company will post -0.15 EPS 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.