Several institutional investors have changed their stakes in Boeing. Chicago Partners increased its shares by 0.4%, owning 14,941 shares worth $3.9 million. Madison Park raised its holdings by 4.9%, now owning 1,204 shares valued at $219,000. Bridge Creek grew its position by 3.1%, now holding 1,983 shares worth $383,000. Wealth Alliance increased its shares by 1.6% to 3,798, valued at $691,000, and Angeles Wealth Management boosted its stake by 4.2% to 1,524 shares worth $294,000. In total, 64.82% of Boeing’s stock is owned by institutional investors.
Analyst Opinions
Recent reports on Boeing include a price target increase from Stifel Nicolaus from $230 to $235 and a decrease from Deutsche Bank from $225 to $195. Sanford C. Bernstein lowered its target from $222 to $207, while Susquehanna kept a positive stance at $230. Bank of America raised its target from $180 to $200. Overall, there are 3 sell ratings, 7 hold ratings, 14 buy ratings, and 1 strong buy rating, with an average price target of $206.
Check Out Our Latest Report on BA
Boeing Stock Update
Boeing stock opened at $149.35 on Thursday, down 3.4%. It has a market cap of $91.68 billion and a 52-week range of $148.80 to $267.54. The company’s latest earnings report showed a loss of ($2.90) per share and revenue of $16.87 billion, missing expectations. Analysts predict an average earnings per share of -$4.27 for the year.
Boeing Overview
Boeing designs and manufactures aircraft, satellites, and defense systems through its Commercial Airplanes, Defense, Space & Security, and Global Services segments.
Explore More
- Five stocks we like better than Boeing
- 3 Natural Gas Stocks With Great Dividends
- 3 Momentum Trades for October with High Potential
- 3 Promising Fintech Stocks
- Roblox’s Drop on Short Report: Reasons for a Potential Bounce-Back
- How to Use Technical Indicators to Find Oversold Stocks
- 2 Reasons to Buy Apple Stock Now and 1 Reason to Hesitate
Curious about other hedge fund holdings in BA? Visit HoldingsChannel.com for the latest filings and trades for Boeing.
Get Daily Boeing News & Ratings – Enter your email for a summary of the latest news and ratings for Boeing and related companies with MarketBeat.com’s FREE daily newsletter.
`
