ZWJ Investment Counsel Inc. lifted its stake in shares of The Boeing Company (NYSE:BA – Free Report) by 7.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 253,190 shares of the aircraft producer’s stock after buying an additional 16,749 shares during the period. Boeing comprises about 1.3% of ZWJ Investment Counsel Inc.’s holdings, making the stock its 27th largest position. ZWJ Investment Counsel Inc.’s holdings in Boeing were worth $47,106,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Jupiter Topco LLC bought a new position in Boeing during the 2nd quarter valued at $911,878,000. Bank of New York Mellon Corp purchased a new position in Boeing during the 2nd quarter worth $747,763,000. Legal & General Group Plc purchased a new position in Boeing during the 2nd quarter worth $710,816,000. Deutsche Bank AG bought a new stake in shares of Boeing in the 2nd quarter worth $539,456,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Boeing in the 2nd quarter worth $441,997,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.
Boeing News Summary
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Commercial deliveries are improving: Boeing delivered 57 aircraft in September, its highest monthly total of 2026, including a quarterly total of 161 commercial aircraft. The increase, led by 124 737s, suggests progress in rebuilding production momentum and could support future revenue and cash flow. Boeing delivers 57 jets in September
- Positive Sentiment: Defense and backlog catalysts: Boeing’s reported $715 billion order book, recent selection to build the U.S. Navy’s next carrier-based F/A-XX fighter, and a new Israel defense deal reinforce the company’s long-term defense prospects. A $715B Order Book and Fighter Jet Wins
- Positive Sentiment: More constructive analyst and governance signals: Barclays initiated coverage with an Overweight rating, while Boeing’s board now includes more directors with aviation expertise. Those developments may improve investor confidence in strategic execution and next-generation aircraft planning. Barclays initiates coverage of Boeing with overweight rating
- Neutral Sentiment: Regulatory reform discussions: The U.S. transportation secretary is meeting with Boeing and GE leadership about aircraft-certification reforms. Faster, clearer approvals could help Boeing, but no immediate policy change was announced. Aircraft certification reform efforts
- Negative Sentiment: Execution and market concerns continue to weigh on BA: Shares have underperformed the broader market and technical trading remains bearish. High oil prices, concerns about defense-sector spending, a 737 MAX software issue and pending regulatory approvals are limiting the positive impact of better deliveries. Reasons Boeing Stock Is Struggling Despite Progress
Boeing Stock Down 1.1%
Boeing (NYSE:BA – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The business had revenue of $24.56 billion during the quarter, compared to the consensus estimate of $24.26 billion. During the same quarter last year, the company earned ($1.24) EPS. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. Analysts expect that The Boeing Company will post -0.95 EPS for the current year.
Analysts Set New Price Targets
Several analysts have recently commented on BA shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of Boeing from $244.00 to $248.00 and gave the company a “hold” rating in a report on Wednesday, July 29th. Citigroup lowered shares of Boeing from a “buy” rating to a “sell” rating in a research report on Tuesday, August 11th. DZ Bank restated a “buy” rating on shares of Boeing in a report on Thursday, August 6th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Boeing in a research report on Wednesday, September 30th. Finally, Argus raised shares of Boeing from a “hold” rating to a “buy” rating and set a $265.00 price objective for the company in a research report on Tuesday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $269.16.
Get Our Latest Research Report on Boeing
Boeing Company Profile
The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, spacecraft and related systems. Its commercial portfolio includes the 737, 787 Dreamliner and 777 families, as well as the 777X program. Boeing sells aircraft to airlines, cargo operators and leasing companies around the world.
Through its defense and space operations, Boeing provides products and services for the U.S. government, allied governments and other institutional customers.
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