OMERS ADMINISTRATION Corp Raises Position in The Boeing Company $BA

OMERS ADMINISTRATION Corp lifted its position in The Boeing Company (NYSE:BA) by 32.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 37,128 shares of the aircraft producer’s stock after acquiring an additional 9,093 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Boeing were worth $7,390,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in BA. Measured Wealth Private Client Group LLC purchased a new stake in Boeing during the 3rd quarter valued at $25,000. Strive Financial Group LLC purchased a new position in shares of Boeing in the fourth quarter worth $25,000. Ares Financial Consulting LLC bought a new position in shares of Boeing during the fourth quarter valued at $26,000. CrossGen Wealth LLC bought a new position in shares of Boeing during the fourth quarter valued at $26,000. Finally, Strategic Wealth Advisors LLC purchased a new stake in shares of Boeing during the fourth quarter valued at $27,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Boeing Stock Down 0.0%

BA stock opened at $209.51 on Monday. The company has a market cap of $165.15 billion, a price-to-earnings ratio of 101.70 and a beta of 1.21. The company has a debt-to-equity ratio of 7.42, a quick ratio of 0.35 and a current ratio of 1.18. The business’s 50-day moving average is $219.35 and its two-hundred day moving average is $224.33. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35.

Insider Activity at Boeing

In other Boeing news, Director Bradley D. Tilden purchased 1,370 shares of Boeing stock in a transaction dated Wednesday, May 20th. The stock was purchased 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 of the company’s stock, valued at $299,345. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.10% of the stock is owned by insiders.

Analyst Ratings Changes

BA has been the subject of a number of recent analyst reports. Morgan Stanley boosted their target price on Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 23rd. Citigroup raised their price target on shares of Boeing from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday, May 18th. Btg Pactual set a $260.00 price objective on shares of Boeing in a report on Tuesday, July 14th. Weiss Ratings restated a “sell (d+)” rating on shares of Boeing in a research report on Tuesday, July 21st. Finally, Wolfe Research restated an “outperform” rating and issued a $275.00 target price on shares of Boeing in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $261.53.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing heads into earnings with a massive backlog of about $695 billion, giving investors visibility into years of future revenue and reinforcing the turnaround narrative. Boeing Has a $695B Backlog and Analysts See 29% Upside. Should You Buy Before July 28 Earnings?
• Positive Sentiment: Analysts see meaningful upside in BA, with some reports citing nearly 30% potential gains ahead of Q2 results, and prediction markets are leaning toward a beat. Boeing Has a $695B Backlog and Analysts See 29% Upside. Should You Buy Before July 28 Earnings?
• Positive Sentiment: Boeing is nearing FAA certification for the 737 Max 10, with more than 1,500 orders waiting for approval; that could support future deliveries if approvals come through. Boeing Nears Max 10 Certification With 1,500+ Orders Awaiting Approval
• Neutral Sentiment: Several previews highlighted improving commercial deliveries and production gains, but also flagged supply-chain bottlenecks that could affect revenue and cash flow in the near term. Buy, Hold or Sell Boeing Stock? Key Insights Ahead of Q2 Earnings
• Neutral Sentiment: News that Emirates will not take early 777-9 aircraft was viewed as a setback, but the market appeared to shrug it off given Boeing’s broader backlog and turnaround momentum. Emirates Will Not Take Early 777-9 Aircraft, Boeing Stock (NYSE:BA) Gains Regardless
• Negative Sentiment: China is reportedly seeking new terms on Boeing orders, creating uncertainty around a key international growth market and weighing on sentiment. China is said to seek new Boeing order terms, raising doubts on Trump-Xi deal

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.