Boeing (NYSE:BA) Director Steven Mollenkopf Buys 2,950 Shares of Company Stock

The Boeing Company (NYSE:BA) Director Steven Mollenkopf purchased 2,950 shares of Boeing stock in a transaction dated Friday, October 30th. The shares were purchased at an average price of $173.03 per share, for a total transaction of $510,438.50. Following the completion of the acquisition, the director owned 6,717 shares of the company’s stock, valued at approximately $1,162,242.51. The trade was a 78.31% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Boeing Stock Performance

Boeing stock opened at $173.46 on Wednesday. The business has a 50 day moving average of $194.60 and a 200-day moving average of $216.52. The Boeing Company has a 1 year low of $165.01 and a 1 year high of $254.35. The company has a debt-to-equity ratio of 6.31, a current ratio of 1.13 and a quick ratio of 0.34. The company has a market capitalization of $137.46 billion, a P/E ratio of 18.87 and a beta of 1.34.

Boeing (NYSE:BA) last issued its quarterly earnings data on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.09). Boeing had a net margin of 7.98% and a negative return on equity of 42.40%. The business had revenue of $24.19 billion during the quarter, compared to the consensus estimate of $23.95 billion. During the same quarter last year, the business earned ($7.47) EPS. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. On average, equities research analysts predict that The Boeing Company will post -1.72 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on BA. Deutsche Bank Aktiengesellschaft raised their price target on shares of Boeing from $244.00 to $248.00 and gave the company a “hold” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. reduced their price objective on shares of Boeing from $290.00 to $240.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 28th. Rothschild & Co Redburn increased their price objective on Boeing from $260.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Wall Street Zen lowered Boeing from a “hold” rating to a “sell” rating in a research report on Saturday, October 24th. Finally, Bank of America reaffirmed a “buy” rating and set a $270.00 target price on shares of Boeing in a report on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $247.88.

Trending Headlines about Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing and Icelease agreed to convert one 767-300 into a freighter, with options for two more. The first conversion is expected to be delivered in the second quarter of 2027, adding business and demonstrating demand for Boeing’s freighter-conversion services. Boeing and Icelease Sign Agreement for up to Three 767-300 Boeing Converted Freighters
• Positive Sentiment: One outlook article argues that Boeing’s updated guidance may be conservative and that executing its plans for 2027 and beyond could give the stock upside. It also identifies 777X certification and first delivery as potential milestones that could reduce uncertainty. Where Will Boeing Stock Be by This Time Next Year?
• Neutral Sentiment: Boeing has a record reported backlog, including a substantial defense pipeline, and the 737-10 received FAA certification. However, the company continued to report losses, so the backlog and certification have yet to resolve concerns about profitability and execution. Is Defense Backlog Growth Altering The Investment Case For Boeing?
• Negative Sentiment: A report says Emirates is concerned about the long-running 777X delay. Continued schedule uncertainty could undermine customer confidence and keep pressure on Boeing’s recovery narrative. Boeing Stock Slips as Emirates Gets Concerned
• Negative Sentiment: Separate articles note that Boeing pushed back its 737 MAX production and delivery ramp, highlighting the ongoing risk that execution delays could hinder its recovery. Where Will Boeing Stock Be by This Time Next Year?

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Edgemoor Investment Advisors Inc. lifted its stake in Boeing by 68.4% in the third quarter. Edgemoor Investment Advisors Inc. now owns 19,070 shares of the aircraft producer’s stock valued at $3,548,000 after buying an additional 7,748 shares during the period. M Holdings Securities Inc. acquired a new stake in shares of Boeing during the 3rd quarter worth approximately $715,000. Kimelman & Baird LLC grew its position in shares of Boeing by 1.7% during the 3rd quarter. Kimelman & Baird LLC now owns 119,720 shares of the aircraft producer’s stock worth $22,274,000 after buying an additional 2,014 shares during the period. American State Bank Iowa grew its position in shares of Boeing by 6.2% during the 3rd quarter. American State Bank Iowa now owns 12,643 shares of the aircraft producer’s stock worth $2,352,000 after buying an additional 733 shares during the period. Finally, Ethic Inc. increased its stake in shares of Boeing by 4.1% in the 3rd quarter. Ethic Inc. now owns 19,013 shares of the aircraft producer’s stock valued at $3,537,000 after acquiring an additional 756 shares in the last quarter. 64.82% of the stock is owned by institutional investors.

About Boeing

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.

Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.

Founded in 1916 by William Boeing, the company has grown into one of the world’s major aerospace manufacturers.