Boeing (NYSE:BA) Director Purchases 5,820 Shares of Company Stock

The Boeing Company (NYSE:BA – Get Free Report) Director Mortimer Buckley acquired 5,820 shares of the company’s stock in a transaction dated Friday, October 30th. The stock was purchased at an average cost of $171.55 per share, for a total transaction of $998,421.00. Following the purchase, the director directly owned 10,250 shares in the company, valued at approximately $1,758,387.50. This represents a 131.38% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this link.

Boeing Trading Down 1.1%

Shares of Boeing stock traded down $1.94 during trading on Tuesday, hitting $173.46. The stock had a trading volume of 6,962,453 shares, compared to its average volume of 10,034,751. The business has a fifty day moving average of $194.60 and a two-hundred day moving average of $216.52. The Boeing Company has a fifty-two week low of $165.01 and a fifty-two week high of $254.35. The company has a current ratio of 1.13, a quick ratio of 0.34 and a debt-to-equity ratio of 6.31.

Boeing (NYSE:BA – Get Free Report) last released its earnings results 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). The firm had revenue of $24.19 billion for the quarter, compared to analyst estimates of $23.95 billion. Boeing had a negative return on equity of 42.40% and a net margin of 7.98%. Boeing’s revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the firm earned ($7.47) earnings per share. As a group, analysts anticipate that The Boeing Company will post -1.72 EPS for the current fiscal year.

Hedge Funds Weigh In On Boeing

Several institutional investors and hedge funds have recently bought and sold shares of BA. Jupiter Topco LLC purchased a new stake in Boeing in the 2nd quarter worth approximately $911,878,000. Bank of New York Mellon Corp purchased a new position in Boeing in the second quarter valued at about $747,763,000. Legal & General Group Plc acquired a new position in Boeing in the 2nd quarter worth about $710,816,000. Deutsche Bank AG acquired a new position in Boeing in the 2nd quarter worth about $539,456,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Boeing during the 2nd quarter worth about $441,997,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.

More Boeing News

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?

Analyst Upgrades and Downgrades

BA has been the subject of several recent analyst reports. DZ Bank reiterated a “buy” rating on shares of Boeing in a report on Thursday, August 6th. Citigroup lowered shares of Boeing from a “buy” rating to a “sell” rating in a report on Tuesday, August 11th. TD Cowen reduced their price target on shares of Boeing from $240.00 to $210.00 and set a “buy” rating for the company in a research report on Wednesday, October 28th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Boeing from $244.00 to $248.00 and gave the stock a “hold” rating in a research note on Wednesday, July 29th. Finally, Tigress Financial lifted their price objective on shares of Boeing from $295.00 to $305.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $247.88.

View Our Latest Stock Report on Boeing

About Boeing

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Boeing (NYSE:BA)

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