Hodges Capital Management Inc. Sells 13,313 Shares of The Boeing Company $BA

Hodges Capital Management Inc. lowered its position in shares of The Boeing Company (NYSE:BA) by 25.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,100 shares of the aircraft producer’s stock after selling 13,313 shares during the period. Hodges Capital Management Inc.’s holdings in Boeing were worth $8,489,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Purus Wealth Management LLC lifted its stake in Boeing by 3.6% during the fourth quarter. Purus Wealth Management LLC now owns 1,177 shares of the aircraft producer’s stock worth $256,000 after purchasing an additional 41 shares during the last quarter. West Wealth Group LLC lifted its stake in Boeing by 0.6% during the fourth quarter. West Wealth Group LLC now owns 7,279 shares of the aircraft producer’s stock worth $1,581,000 after purchasing an additional 42 shares during the last quarter. First Heartland Consultants Inc. lifted its stake in Boeing by 1.1% during the fourth quarter. First Heartland Consultants Inc. now owns 4,062 shares of the aircraft producer’s stock worth $882,000 after purchasing an additional 43 shares during the last quarter. XML Financial LLC lifted its stake in Boeing by 0.5% during the fourth quarter. XML Financial LLC now owns 8,905 shares of the aircraft producer’s stock worth $1,933,000 after purchasing an additional 43 shares during the last quarter. Finally, Global Financial Private Client LLC lifted its stake in Boeing by 1.1% during the fourth quarter. Global Financial Private Client LLC now owns 4,025 shares of the aircraft producer’s stock worth $874,000 after purchasing an additional 44 shares during the last quarter. Institutional investors own 64.82% of the company’s stock.

Insider Transactions at Boeing

In other Boeing news, Director Bradley D. Tilden purchased 1,370 shares of Boeing stock in a transaction that occurred on Wednesday, May 20th. The shares were bought at an average price of $218.50 per share, for a total transaction of $299,345.00. Following the acquisition, the director directly owned 1,370 shares in the company, valued at approximately $299,345. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

BA has been the subject of several research analyst reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of Boeing in a research note on Wednesday, March 4th. Wolfe Research reaffirmed an “outperform” rating and set a $275.00 price target on shares of Boeing in a research note on Thursday, April 23rd. Tigress Financial lifted their price objective on Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wells Fargo & Company assumed coverage on Boeing in a report on Wednesday, April 1st. They issued an “overweight” rating and a $250.00 price objective on the stock. Finally, Morgan Stanley lifted their price objective on Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have given a Hold rating and two 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 a consensus target price of $259.80.

Boeing Stock Down 2.4%

BA opened at $209.31 on Thursday. The company has a market cap of $165.00 billion, a P/E ratio of 101.61 and a beta of 1.19. The business’s 50-day moving average price is $222.11 and its 200-day moving average price is $221.11. The company has a current ratio of 1.18, a quick ratio of 0.35 and a debt-to-equity ratio of 7.42. The Boeing Company has a 12 month low of $176.77 and a 12 month high of $254.35.

Boeing (NYSE:BA) last released its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.68) by $0.48. The company had revenue of $22.22 billion during the quarter, compared to analysts’ expectations of $22.15 billion. The firm’s quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.49) EPS. On average, equities analysts expect that The Boeing Company will post -0.15 EPS for the current year.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing reported 60 aircraft deliveries in May, up 33% year over year, with 737 MAX handovers showing meaningful recovery and the highest monthly output since the 2024 strike ended. Reuters: Boeing jet deliveries jump to 60 in May, 33% higher than last year
• Positive Sentiment: Brazil’s aviation regulator said it expects the 737 MAX 10 to gain FAA certification this year, which would remove a major overhang if the timeline holds. Reuters: Brazil regulator expects MAX 10 certification this year
• Positive Sentiment: The U.S. Air Force said it is confident a fix has been found for a KC-46 tanker system problem, reducing the risk of further delays on a key defense program. Reuters: US Air Force confident in fix for Boeing KC-46 refueling tanker
• Positive Sentiment: Analysts at Jefferies and Wells Fargo kept bullish ratings on Boeing, reinforcing the view that the stock still has upside if execution improves. Insider Monkey: Jefferies, Wells Fargo Maintain Bullish Outlook on The Boeing Company (BA)
• Neutral Sentiment: Articles focused on Boeing’s recent trading weakness mostly framed the move as part of broader market volatility rather than a single new company-specific blow. Yahoo Finance: Why Boeing (BA) Dipped More Than Broader Market Today
• Neutral Sentiment: News coverage also highlighted that Boeing’s shares are still trading below some target prices despite the delivery rebound, suggesting the market is waiting for more proof of sustained improvement. Yahoo Finance: Boeing 777X Wins FAA Test Approval As Stock Trades Below Targets
• Negative Sentiment: New reports that Saudi Arabia’s Riyadh Air launch was delayed by Boeing delivery slippage kept attention on Boeing’s ongoing manufacturing and schedule challenges. Yahoo Finance: Saudi’s new national carrier gets off ground despite war, delays
• Negative Sentiment: TipRanks noted Boeing’s stock slipped even after the strong MQ-28 enhancement and delivery-related news, implying investors remain cautious about whether the operational progress is durable. TipRanks: More Than Just Stealth: Boeing Stock (NYSE:BA) Slides Despite MQ-28 Enhancement

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.