Several institutional investors have recently adjusted their stakes in Boeing. Chicago Partners Investment Group increased its holdings by 0.4%, now owning 14,941 shares valued at $3.9 million after adding 56 shares last quarter. Madison Park Capital Advisors raised their stake by 4.9%, owning 1,204 shares worth $219,000 after a 56-share purchase. Bridge Creek Capital Management increased their position by 3.1% to 1,983 shares valued at $383,000 with an additional 60 shares. Wealth Alliance Advisory Group grew their stake by 1.6%, owning 3,798 shares valued at $691,000 after buying another 60 shares. Angeles Wealth Management raised its share count by 4.2%, owning 1,524 shares worth $294,000 after purchasing 61 more. Institutional investors now control 64.82% of Boeing’s shares.
Wall Street Analyst Opinions
Recent research updates on Boeing (BA) show varied opinions. Stifel Nicolaus raised their price target to $235 and maintained a buy rating. Deutsche Bank cut their target from $225 to $195, still rating it as buy. Sanford C. Bernstein reduced their target to $207, but rated it as outperform. Susquehanna reaffirmed a positive rating with a $230 target. Bank of America raised their target from $180 to $200, assigning a neutral rating. Overall, analysts rate the stock as a Moderate Buy with an average target of $206.
Boeing Stock Performance
Boeing shares opened at $149.35 on Thursday. It has a market cap of $91.68 billion, with a P/E ratio of -42.07. The stock’s 52-week range is $148.80 to $267.54. Boeing reported a loss of $2.90 earnings per share for the last quarter, missing the estimate by $1.90, with revenue down 14.6% from last year.
Boeing Company Overview
Boeing designs, manufactures, and sells commercial and military aircraft, satellites, and related services globally, operating in three main segments: Commercial Airplanes, Defense, Space & Security, and Global Services.
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