TD Waterhouse Canada Inc. Sells 17,862 Shares of The Boeing Company $BA

TD Waterhouse Canada Inc. trimmed its position in The Boeing Company (NYSE:BA) by 25.3% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 52,842 shares of the aircraft producer’s stock after selling 17,862 shares during the period. TD Waterhouse Canada Inc.’s holdings in Boeing were worth $11,381,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Revolve Wealth Partners LLC bought a new position in Boeing in the fourth quarter valued at about $201,000. Sivia Capital Partners LLC raised its holdings in Boeing by 16.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock worth $320,000 after purchasing an additional 217 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in Boeing by 5.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 150,080 shares of the aircraft producer’s stock valued at $31,446,000 after purchasing an additional 8,146 shares during the period. HB Wealth Management LLC boosted its stake in shares of Boeing by 3.2% in the 2nd quarter. HB Wealth Management LLC now owns 18,162 shares of the aircraft producer’s stock valued at $3,806,000 after purchasing an additional 571 shares during the last quarter. Finally, Truist Financial Corp boosted its stake in shares of Boeing by 9.7% in the 2nd quarter. Truist Financial Corp now owns 319,768 shares of the aircraft producer’s stock valued at $67,001,000 after purchasing an additional 28,373 shares during the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

Boeing Stock Down 3.1%

NYSE:BA opened at $234.13 on Friday. The Boeing Company has a 1 year low of $128.88 and a 1 year high of $254.35. The stock has a 50-day moving average price of $218.53 and a two-hundred day moving average price of $218.85. The stock has a market cap of $177.96 billion, a price-to-earnings ratio of 116.48, a PEG ratio of 7.70 and a beta of 1.16. The company has a current ratio of 1.19, a quick ratio of 0.38 and a debt-to-equity ratio of 8.37.

Boeing (NYSE:BA) last released its quarterly earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, topping analysts’ consensus estimates of ($0.40) by $10.32. The business had revenue of $23.95 billion for the quarter, compared to analyst estimates of $22.41 billion. During the same period in the prior year, the business earned ($5.90) EPS. The company’s revenue for the quarter was up 57.1% compared to the same quarter last year. As a group, equities analysts expect that The Boeing Company will post -2.58 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. TD Cowen reissued a “buy” rating on shares of Boeing in a research note on Wednesday. UBS Group increased their price target on Boeing from $275.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday. Royal Bank Of Canada lifted their price objective on Boeing from $265.00 to $275.00 and gave the stock an “outperform” rating in a research note on Wednesday. New Street Research set a $257.00 price objective on Boeing in a report on Tuesday, December 9th. Finally, JPMorgan Chase & Co. increased their target price on Boeing from $245.00 to $270.00 and gave the company an “overweight” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, Boeing has a consensus rating of “Moderate Buy” and a consensus target price of $245.65.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Strong quarter — Boeing reported a better-than-expected Q4 with a large EPS beat and double?digit revenue growth, which has supported the rebound in sentiment. Read More.
• Positive Sentiment: Order flow pickup — Air India added 30 more 737 MAX jets, boosting Boeing’s single?aisle backlog; Boeing also won additional military work (MH?139A) that diversifies near?term revenue. Read More. · Read More.
• Positive Sentiment: Analyst bullishness — Several firms raised price targets and upgraded BA after the quarter (JPMorgan, Citi, RBC among those cited), giving upside thesis room. Read More.
• Neutral Sentiment: Long?term demand thesis intact — Boeing projects significant fleet additions in India/South Asia over 20 years, supporting long?run market opportunity even if near?term conversion is slow. Read More.
• Neutral Sentiment: R&D and sustainability partnerships — Collaboration on sustainable aviation fuel (Technion) signals longer?term positioning but limited immediate revenue impact. Read More.
• Negative Sentiment: Production/supply?chain strains — Multiple reports flag mounting supply?chain issues that are slowing build rates and could cap deliveries despite strong backlog, a key near?term earnings lever. Read More.
• Negative Sentiment: Delivery pace remains the real test — Commentary argues that 737 MAX deliveries per month determine how backlog turns into revenue; investors are worried deliveries won’t ramp fast enough. Read More.
• Negative Sentiment: Inventory/finished?goods risks — Analysts warn Boeing’s finished?goods cushion is shrinking, which could amplify volatility if production hiccups persist. Read More.
• Negative Sentiment: Investor fatigue — High?profile criticism (e.g., Jim Cramer) highlights that some investors remain skeptical after repeated missteps, which can pressure the stock when mixed news arrives. Read More.

Insider Activity at Boeing

In other Boeing news, EVP Uma M. Amuluru sold 1,366 shares of Boeing stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $197.66, for a total value of $270,003.56. Following the transaction, the executive vice president owned 14,656 shares of the company’s stock, valued at approximately $2,896,904.96. The trade was a 8.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Dana S. Deasy acquired 554 shares of the stock in a transaction dated Monday, November 24th. The shares were bought at an average cost of $178.88 per share, with a total value of $99,099.52. Following the transaction, the senior vice president directly owned 28,442 shares of the company’s stock, valued at $5,087,704.96. This represents a 1.99% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.09% of the company’s stock.

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.