13,471 The Boeing Company $BA Shares Bought by AIA Group Ltd

Key Points

• AIA Group increased its Boeing stake by 36% in the third quarter, buying 13,471 shares to hold 50,902 shares valued at $9.47 million.
• Boeing’s latest quarterly revenue rose 3.9% year over year to $24.19 billion and topped estimates, but its loss of $0.34 per share was wider than analysts expected.
• Analysts’ views remain mixed: JPMorgan and Wells Fargo cut their price targets, while MarketBeat reported a “Moderate Buy” consensus and a $247.88 average target. Production delays and 777X schedule uncertainty remain risks to Boeing’s recovery.

AIA Group Ltd boosted its stake in shares of The Boeing Company (NYSE:BA - Free Report) by 36.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,902 shares of the aircraft producer's stock after purchasing an additional 13,471 shares during the period. AIA Group Ltd's holdings in Boeing were worth $9,470,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Paul R. Ried Financial Group LLC grew its stake in shares of Boeing by 0.3% during the 1st quarter. Paul R. Ried Financial Group LLC now owns 18,060 shares of the aircraft producer's stock valued at $3,594,000 after purchasing an additional 49 shares during the period. Sage Rhino Capital LLC raised its position in Boeing by 0.9% in the first quarter. Sage Rhino Capital LLC now owns 5,360 shares of the aircraft producer's stock worth $1,067,000 after acquiring an additional 50 shares during the period. BlueChip Wealth Advisors LLC raised its position in Boeing by 2.6% in the first quarter. BlueChip Wealth Advisors LLC now owns 1,945 shares of the aircraft producer's stock worth $381,000 after acquiring an additional 50 shares during the period. Enterprise Financial Services Corp boosted its stake in shares of Boeing by 1.8% during the 1st quarter. Enterprise Financial Services Corp now owns 2,821 shares of the aircraft producer's stock worth $561,000 after acquiring an additional 51 shares during the last quarter. Finally, Gradient Investments LLC grew its position in shares of Boeing by 0.9% during the 2nd quarter. Gradient Investments LLC now owns 5,681 shares of the aircraft producer's stock valued at $1,230,000 after acquiring an additional 51 shares during the period. Hedge funds and other institutional investors own 64.82% of the company's stock.

Key Stories Impacting Boeing

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 Ratings Changes

Several equities research analysts have recently commented on BA shares. JPMorgan Chase & Co. reduced their price objective on Boeing from $290.00 to $240.00 and set an "overweight" rating for the company in a research note on Wednesday, October 28th. Wells Fargo & Company lowered their target price on Boeing from $250.00 to $210.00 and set an "overweight" rating on the stock in a research report on Wednesday, October 28th. DZ Bank reissued a "buy" rating on shares of Boeing in a report on Thursday, August 6th. Roth Capital cut Boeing to a "neutral" rating in a research report on Wednesday, October 28th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Boeing from $244.00 to $248.00 and gave the company a "hold" rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Boeing presently has an average rating of "Moderate Buy" and a consensus target price of $247.88.

Boeing Trading Down 1.1%

Boeing stock opened at $173.46 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 0.34 and a debt-to-equity ratio of 6.31. The Boeing Company has a 1 year low of $165.01 and a 1 year high of $254.35. The firm's 50 day moving average price is $194.60 and its 200-day moving average price is $216.52.

Boeing (NYSE:BA - Get Free Report) last issued its earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share for the quarter, missing analysts' consensus estimates of ($0.25) by ($0.09). Boeing had a negative return on equity of 42.40% and a net margin of 7.98%. The company had revenue of $24.19 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same quarter in the prior year, the company posted ($7.47) EPS. Boeing's revenue was up 3.9% compared to the same quarter last year. As a group, equities research analysts anticipate that The Boeing Company will post -1.72 earnings per share for the current year.

Insider Transactions at Boeing

In related news, Director Mortimer J. Buckley acquired 5,820 shares of Boeing stock in a transaction on Friday, October 30th. The shares were bought at an average cost of $171.55 per share, with a total value of $998,421.00. Following the completion of the purchase, the director directly owned 10,250 shares of the company's stock, valued at $1,758,387.50. The trade was a 131.38% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Steven M. Mollenkopf acquired 2,950 shares of the stock in a transaction dated Friday, October 30th. The stock was bought at an average cost of $173.03 per share, with a total value of $510,438.50. Following the completion of the purchase, the director directly owned 6,717 shares in the company, valued at approximately $1,162,242.51. The trade was a 78.31% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.10% of the stock is currently owned by company insiders.

Boeing Company Profile

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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