Pittenger & Anderson Inc. Boosts Stock Position in The Boeing Company $BA

Pittenger & Anderson Inc. boosted its position in shares of The Boeing Company (NYSE:BA) by 367.4% in the third quarter, HoldingsChannel.com reports. The fund owned 14,035 shares of the aircraft producer’s stock after purchasing an additional 11,032 shares during the period. Pittenger & Anderson Inc.’s holdings in Boeing were worth $3,029,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in Boeing by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 66,773,360 shares of the aircraft producer’s stock valued at $13,991,022,000 after buying an additional 1,118,316 shares during the period. Ninety One UK Ltd purchased a new position in Boeing in the third quarter valued at $192,734,000. Amundi grew its stake in Boeing by 75.5% during the 2nd quarter. Amundi now owns 1,776,634 shares of the aircraft producer’s stock worth $376,700,000 after purchasing an additional 764,236 shares in the last quarter. Newport Trust Company LLC grew its stake in Boeing by 2.5% during 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 purchasing an additional 707,490 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in Boeing by 3,581.5% in the 2nd quarter. Bessemer Group Inc. now owns 711,824 shares of the aircraft producer’s stock valued at $149,149,000 after purchasing an additional 692,489 shares in the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Citigroup boosted their price objective on Boeing from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Wednesday. New Street Research set a $257.00 price objective on shares of Boeing in a research report on Tuesday, December 9th. JPMorgan Chase & Co. raised their price objective on shares of Boeing from $245.00 to $270.00 and gave the company an “overweight” rating in a report on Wednesday. The Goldman Sachs Group reiterated a “buy” rating on shares of Boeing in a research note on Tuesday, December 9th. Finally, Loop Capital set a $223.00 price target on Boeing in a research note on Monday, November 3rd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Boeing currently has an average rating of “Moderate Buy” and a consensus target price of $245.65.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Strong quarter — Boeing reported a better-than-expected Q4 with a large EPS beat and double‑digit revenue growth, which has supported the rebound in sentiment. Read More.
• Positive Sentiment: Order flow pickup — Air India added 30 more 737 MAX jets, boosting Boeing’s single‑aisle backlog; Boeing also won additional military work (MH‑139A) that diversifies near‑term revenue. Read More. · Read More.
• Positive Sentiment: Analyst bullishness — Several firms raised price targets and upgraded BA after the quarter (JPMorgan, Citi, RBC among those cited), giving upside thesis room. Read More.
• Neutral Sentiment: Long‑term demand thesis intact — Boeing projects significant fleet additions in India/South Asia over 20 years, supporting long‑run market opportunity even if near‑term conversion is slow. Read More.
• Neutral Sentiment: R&D and sustainability partnerships — Collaboration on sustainable aviation fuel (Technion) signals longer‑term positioning but limited immediate revenue impact. Read More.
• Negative Sentiment: Production/supply‑chain strains — Multiple reports flag mounting supply‑chain issues that are slowing build rates and could cap deliveries despite strong backlog, a key near‑term earnings lever. Read More.
• Negative Sentiment: Delivery pace remains the real test — Commentary argues that 737 MAX deliveries per month determine how backlog turns into revenue; investors are worried deliveries won’t ramp fast enough. Read More.
• Negative Sentiment: Inventory/finished‑goods risks — Analysts warn Boeing’s finished‑goods cushion is shrinking, which could amplify volatility if production hiccups persist. Read More.
• Negative Sentiment: Investor fatigue — High‑profile criticism (e.g., Jim Cramer) highlights that some investors remain skeptical after repeated missteps, which can pressure the stock when mixed news arrives. Read More.

Insider Buying and Selling

In related news, SVP Dana S. Deasy bought 554 shares of the stock in a transaction on Monday, November 24th. The shares were bought at an average cost of $178.88 per share, for a total transaction of $99,099.52. Following the purchase, the senior vice president owned 28,442 shares of the company’s stock, valued at $5,087,704.96. This trade represents a 1.99% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Uma M. Amuluru sold 1,366 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $197.66, for a total value of $270,003.56. Following the sale, the executive vice president owned 14,656 shares of the company’s stock, valued at $2,896,904.96. This trade represents a 8.53% decrease in their position. The SEC filing for this sale provides additional information. 0.09% of the stock is currently owned by company insiders.

Boeing Stock Performance

Shares of BA opened at $234.13 on Friday. The company’s 50 day simple moving average is $218.53 and its 200-day simple moving average is $218.85. The Boeing Company has a 12-month low of $128.88 and a 12-month high of $254.35. The firm has a market cap of $177.96 billion, a PE ratio of 116.48, a price-to-earnings-growth ratio of 7.70 and a beta of 1.16. The company has a current ratio of 1.19, a quick ratio of 0.38 and a debt-to-equity ratio of 8.37.

Boeing (NYSE:BA) last issued its quarterly earnings data on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.40) by $10.32. The business had revenue of $23.95 billion for the quarter, compared to analysts’ expectations of $22.41 billion. During the same period in the previous year, the business posted ($5.90) earnings per share. The company’s revenue for the quarter was up 57.1% on a year-over-year basis. As a group, equities analysts predict that The Boeing Company will post -2.58 EPS for the current year.

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.