Americana Partners LLC Grows Position in The Boeing Company $BA

Americana Partners LLC increased its position in shares of The Boeing Company (NYSE:BA) by 9.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 124,738 shares of the aircraft producer’s stock after buying an additional 11,131 shares during the quarter. Americana Partners LLC’s holdings in Boeing were worth $27,083,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Boeing by 5.1% in the fourth quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer’s stock valued at $15,413,227,000 after acquiring an additional 3,460,021 shares during the last quarter. Newport Trust Company LLC grew its holdings in Boeing by 2.5% in the 3rd quarter. Newport Trust Company LLC now owns 29,198,446 shares of the aircraft producer’s stock worth $6,301,901,000 after buying an additional 707,490 shares in the last quarter. Great Lakes Advisors LLC grew its holdings in Boeing by 25,532.3% in the 3rd quarter. Great Lakes Advisors LLC now owns 424,983 shares of the aircraft producer’s stock worth $91,725,000 after buying an additional 423,325 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in Boeing in the 4th quarter worth approximately $89,368,000. Finally, Bessemer Group Inc. lifted its position in Boeing by 50.3% in the third quarter. Bessemer Group Inc. now owns 1,069,819 shares of the aircraft producer’s stock worth $230,900,000 after purchasing an additional 357,995 shares during the period. 64.82% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: China confirmed a 200-aircraft Boeing order as part of broader U.S.-China trade talks, reopening a major market for Boeing after a prolonged freeze and improving near-term demand visibility. Beijing Confirms Boeing Aircraft Order Following Trump’s China Visit—Xi Jinping Seeks To End $30 Billion In Reciprocal Tariffs With US
• Positive Sentiment: Citi reportedly called the recent selloff in Boeing a buying opportunity and raised its price target to $260, signaling confidence in the company’s recovery. Citi calls Boeing selloff a ‘gift’ and lifts BA target to $260
• Positive Sentiment: Director Bradley D. Tilden bought 1,370 shares, a vote of confidence from an insider that can help support sentiment. SEC insider filing
• Neutral Sentiment: Boeing is also benefiting from a growing backlog and defense-related revenue visibility, which supports the long-term recovery case but is not an immediate catalyst. Is Boeing’s Growing Backlog Strengthening Its Recovery Prospects?
• Negative Sentiment: Reports that certification for the 777X is more complicated than expected, including greater focus on “hot brakes,” are weighing on the stock by renewing concerns about delays and execution risk. Hot Brakes a Bigger Part of 777X Certification Than Expected, Boeing Stock (NYSE:BA) Slips
• Negative Sentiment: Some investors were disappointed that the China deal was for 200 jets rather than the much larger order they had hoped for, which may be limiting upside in the shares. Fresh China deal gives hope for whipsawed Boeing shares

Insider Activity

In other news, Director Mortimer J. Buckley purchased 2,230 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was bought at an average price of $224.20 per share, with a total value of $499,966.00. Following the acquisition, the director directly owned 4,430 shares of the company’s stock, valued at approximately $993,206. This represents a 101.36% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Uma M. Amuluru sold 1,503 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $233.78, for a total transaction of $351,371.34. Following the completion of the transaction, the executive vice president directly owned 19,015 shares of the company’s stock, valued at $4,445,326.70. This trade represents a 7.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is owned by company insiders.

Boeing Stock Performance

Shares of Boeing stock opened at $219.18 on Friday. The firm has a fifty day moving average of $217.34 and a two-hundred day moving average of $218.62. The stock has a market capitalization of $172.78 billion, a price-to-earnings ratio of 106.40 and a beta of 1.21. The Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35. The company has a debt-to-equity ratio of 7.42, a quick ratio of 0.35 and a current ratio of 1.18.

Boeing (NYSE:BA) last issued its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, beating the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.49) EPS. As a group, equities research analysts predict that The Boeing Company will post -0.15 EPS for the current year.

Analysts Set New Price Targets

BA has been the subject of a number of research analyst reports. Morgan Stanley upped 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. Wells Fargo & Company began coverage on Boeing in a report on Wednesday, April 1st. They set an “overweight” rating and a $250.00 price objective for the company. Royal Bank Of Canada upped their price target on Boeing from $265.00 to $275.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. Argus upgraded Boeing to a “hold” rating in a research note on Monday, February 2nd. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Boeing in a research report on Wednesday, March 4th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $259.80.

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.