Cadinha & Co. LLC Decreases Position in The Boeing Company $BA

Key Points

• Cadinha & Co. LLC cut its stake in The Boeing Company by 92.5% in Q4, selling 68,178 shares and leaving 5,519 shares worth $1.198 million.
• Boeing’s Q1 results beat estimates—EPS -$0.20 vs. -$0.68 and revenue $22.22B (up 14%)—with higher deliveries and a record backlog near $695B, though free cash flow remains negative and leverage is high.
• Analysts are broadly constructive (average price target $259.35 with a majority Buy ratings), while insider activity shows a director purchased shares but insiders sold 21,012 shares over the past 90 days.

Cadinha & Co. LLC decreased its stake in The Boeing Company (NYSE:BA - Free Report) by 92.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,519 shares of the aircraft producer's stock after selling 68,178 shares during the period. Cadinha & Co. LLC's holdings in Boeing were worth $1,198,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. SteelPeak Wealth LLC boosted its position in shares of Boeing by 50.4% in the third quarter. SteelPeak Wealth LLC now owns 26,360 shares of the aircraft producer's stock worth $5,689,000 after buying an additional 8,833 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Boeing by 3.3% in the third quarter. Fisher Asset Management LLC now owns 5,505,040 shares of the aircraft producer's stock worth $1,188,153,000 after acquiring an additional 177,597 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Boeing by 41.1% in the third quarter. Russell Investments Group Ltd. now owns 223,824 shares of the aircraft producer's stock worth $48,316,000 after acquiring an additional 65,216 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Boeing by 47.7% in the third quarter. Farther Finance Advisors LLC now owns 18,477 shares of the aircraft producer's stock worth $3,988,000 after acquiring an additional 5,966 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Boeing by 0.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,026,896 shares of the aircraft producer's stock worth $437,465,000 after acquiring an additional 11,968 shares in the last quarter. Hedge funds and other institutional investors own 64.82% of the company's stock.

Boeing Trading Up 1.3%

Shares of NYSE BA opened at $234.29 on Friday. The stock's 50 day moving average price is $218.21 and its two-hundred day moving average price is $216.97. The Boeing Company has a 52-week low of $169.00 and a 52-week high of $254.35. The stock has a market capitalization of $184.00 billion, a P/E ratio of 113.73 and a beta of 1.13. The company has a quick ratio of 0.40, a current ratio of 1.18 and a debt-to-equity ratio of 7.42.

Boeing (NYSE:BA - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.68) by $0.48. The firm had revenue of $22.22 billion for the quarter, compared to analyst estimates of $22.15 billion. During the same quarter in the previous year, the company earned ($0.49) EPS. The company's quarterly revenue was up 14.0% compared to the same quarter last year. On average, analysts anticipate that The Boeing Company will post -0.29 earnings per share for the current fiscal year.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Q1 results beat estimates: revenue rose ~14% to $22.2B, non‑GAAP loss narrowed to ($0.20) and deliveries rose, helping lift confidence in the operational recovery. Boeing Q1 results top estimates
• Positive Sentiment: Record backlog and delivery momentum: backlog expanded to roughly $695B and Boeing delivered more aircraft (143) in the quarter — signals of durable demand that support future revenue visibility. Boeing Loss Shrinks, Backlog Hits Record $695 Billion
• Positive Sentiment: Production and hiring ramp: Boeing is hiring rapidly (~100–140 factory workers/week) and management says 737 MAX production can increase, supporting margin recovery and delivery cadence. Is The Boeing Company (BA) One of the Best US Stocks to Invest in for Long Term?
• Positive Sentiment: Analyst support and price-target moves: multiple firms reiterated/raised ratings (Buy reiterations and price-target lifts, including a Morgan Stanley PT raise) after the beat, helping underpin near-term upside. Benzinga — Morgan Stanley price target note
• Neutral Sentiment: Bullish retail / options activity: unusually large call buying was reported after the print, which can amplify near-term upside but also reflects speculative positioning. Boeing Stock Pops on Quarterly Report
• Neutral Sentiment: CEO commentary on China orders: management is optimistic about large Chinese airline orders but acknowledged they depend on U.S. government-level engagement (political timing adds uncertainty). Boeing CEO: Trump is key to closing major plane order
• Negative Sentiment: Cash-flow and leverage remain concerns: despite operating improvements (big YoY cash-flow improvement noted by some analysts), Boeing still reported negative free cash flow on a non‑GAAP basis and carries substantial debt — a constraint on valuation until cash turns sustainably positive. How Boeing Is Pivoting From Crisis To Efficiency
• Negative Sentiment: Execution and regulatory risks persist (production quality, certification timelines): any setbacks on MAX variants or supply-chain/quality issues could re-weight the recovery narrative and hit the stock. Boeing narrows loss as aircraft deliveries rise

Wall Street Analysts Forecast Growth

BA has been the topic of several recent analyst reports. Susquehanna reiterated a "positive" rating and issued a $280.00 price target on shares of Boeing in a research note on Thursday, January 15th. Wells Fargo & Company initiated coverage on Boeing in a research note on Wednesday, April 1st. They issued an "overweight" rating and a $250.00 price target on the stock. Sanford C. Bernstein reiterated an "outperform" rating on shares of Boeing in a research note on Wednesday, January 28th. UBS Group boosted their price target on Boeing from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Wednesday, January 28th. Finally, Citigroup cut their price target on Boeing from $290.00 to $256.00 and set a "buy" rating on the stock in a research note on Thursday, April 2nd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Boeing presently has an average rating of "Moderate Buy" and an average target price of $259.35.

Insider Transactions at Boeing

In related news, Director Mortimer J. Buckley purchased 2,230 shares of the company's stock in a transaction dated Tuesday, March 3rd. The shares were acquired at an average cost of $224.20 per share, for a total transaction of $499,966.00. Following the transaction, the director owned 4,430 shares of the company's stock, valued at $993,206. This trade represents a 101.36% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Ann M. Schmidt sold 6,281 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $243.37, for a total value of $1,528,606.97. Following the sale, the senior vice president owned 13,978 shares in the company, valued at $3,401,825.86. The trade was a 31.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 21,012 shares of company stock worth $4,980,687. 0.10% of the stock is owned by corporate insiders.

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.

Want to see what other hedge funds are holding BA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Boeing Company (NYSE:BA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.