Kerusso Capital Management LLC Sells 3,969 Shares of The Boeing Company $BA

Kerusso Capital Management LLC lowered its position in The Boeing Company (NYSE:BA) by 20.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,589 shares of the aircraft producer’s stock after selling 3,969 shares during the period. Kerusso Capital Management LLC’s holdings in Boeing were worth $3,385,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new position in shares of Boeing in the third quarter valued at approximately $25,000. American National Bank & Trust lifted its holdings in shares of Boeing by 124.2% in the fourth quarter. American National Bank & Trust now owns 139 shares of the aircraft producer’s stock valued at $30,000 after purchasing an additional 77 shares in the last quarter. Reyes Financial Architecture Inc. bought a new position in shares of Boeing in the third quarter valued at approximately $32,000. Davis Capital Management bought a new position in shares of Boeing in the third quarter valued at approximately $33,000. Finally, Game Plan Financial Advisors LLC lifted its holdings in shares of Boeing by 650.0% in the fourth quarter. Game Plan Financial Advisors LLC now owns 150 shares of the aircraft producer’s stock valued at $33,000 after purchasing an additional 130 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.

Boeing Stock Performance

Shares of Boeing stock opened at $234.29 on Friday. The business’s fifty day simple moving average is $218.21 and its 200 day simple moving average is $216.97. The firm has a market capitalization of $184.00 billion, a P/E ratio of 113.73 and a beta of 1.13. The Boeing Company has a 12 month low of $169.00 and a 12 month high of $254.35. The company has a current ratio of 1.18, a quick ratio of 0.40 and a debt-to-equity ratio of 7.42.

Boeing (NYSE:BA) last issued its quarterly earnings results 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 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% compared to the same quarter last year. During the same quarter last year, the business posted ($0.49) earnings per share. As a group, analysts anticipate that The Boeing Company will post -0.29 EPS for the current year.

Trending Headlines about Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Q1 beats and delivery momentum: Boeing reported stronger?than?expected Q1 results (revenue ~$22.2B, narrower non?GAAP loss) and higher deliveries, lifting confidence in the turnaround. Boeing Shares Up After Earnings
• Positive Sentiment: Record backlog and rising production optionality: Backlog hit a record (~$695B) and management signaled the 737 MAX production can be increased, supporting revenue visibility. Production Increase Story
• Positive Sentiment: Bullish positioning in options: Unusually large call?option buying and elevated call volumes suggest short?term speculative and institutional bullish bets. Large Call Option Volume
• Positive Sentiment: Analyst support: Some firms raised targets/maintained buy views (e.g., Morgan Stanley raised its target), reinforcing upside expectations. Price Target Raise Note
• Neutral Sentiment: Retail and long?term bullish narratives: Multiple outlets and community theses highlight BA as a long?term recovery play — helpful for sentiment but not a near?term catalyst by itself. Bullish Thesis Summary
• Neutral Sentiment: Management optimism on China orders: CEO comments express confidence a US?China summit could unlock major Chinese airline orders — a potential upside that depends on politics/diplomacy. CEO China Orders Comment
• Negative Sentiment: Cash?flow and leverage remain concerns: Despite improvement, operating/free cash flow is still pressured and the firm carries high leverage — these fundamentals cap valuation and increase sensitivity to execution slips. Cash Strain Analysis
• Negative Sentiment: Order/certification and geopolitical risk: Some larger orders depend on political/diplomatic developments and key certifications (and spare?parts access) — risks that could delay revenue recognition. Order Dependency Risk

Insiders Place Their Bets

In other Boeing news, SVP Ann M. Schmidt sold 6,281 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $243.37, for a total value of $1,528,606.97. Following the completion of the sale, the senior vice president directly owned 13,978 shares of the company’s stock, valued at $3,401,825.86. This trade represents a 31.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Mortimer J. Buckley bought 2,230 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was purchased at an average cost of $224.20 per share, with a total value of $499,966.00. Following the completion of the transaction, the director directly owned 4,430 shares of the company’s stock, valued at approximately $993,206. The trade was a 101.36% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have sold 21,012 shares of company stock valued at $4,980,687. 0.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on BA. Wells Fargo & Company began coverage on Boeing in a report on Wednesday, April 1st. They issued an “overweight” rating and a $250.00 target price on the stock. Vertical Research restated a “buy” rating and issued a $281.00 target price on shares of Boeing in a report on Tuesday, January 27th. Sanford C. Bernstein restated an “outperform” rating on shares of Boeing in a report on Wednesday, January 28th. Royal Bank Of Canada lifted their price target on Boeing from $265.00 to $275.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Finally, Tigress Financial lifted their price target on Boeing from $275.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.35.

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.