Elevation Point Wealth Partners LLC Purchases 4,791 Shares of The Boeing Company $BA

Key Points

• Elevation Point Wealth Partners more than doubled its Boeing stake in Q3, buying 4,791 shares to hold 9,381 shares worth about $2.03 million after the filing.
• Several analysts raised targets (JPMorgan to $270, UBS to $285) and the stock has a consensus "Moderate Buy" target of $246.14 based on MarketBeat data.
• Operational risks persist: Boeing is repairing roughly 25 undelivered 737 MAX jets for wiring flaws—potentially delaying deliveries and pressuring near‑term cash flow—while insiders sold about 21,012 shares (~$4.98M) last quarter.

Elevation Point Wealth Partners LLC raised its holdings in shares of The Boeing Company (NYSE:BA - Free Report) by 104.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,381 shares of the aircraft producer's stock after purchasing an additional 4,791 shares during the period. Elevation Point Wealth Partners LLC's holdings in Boeing were worth $2,025,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. SteelPeak Wealth LLC grew its holdings in Boeing by 50.4% during the 3rd quarter. SteelPeak Wealth LLC now owns 26,360 shares of the aircraft producer's stock worth $5,689,000 after acquiring an additional 8,833 shares during the period. Vanguard Group Inc. lifted its stake in shares of 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 purchasing an additional 1,118,316 shares during the period. Patton Fund Management Inc. lifted its stake in shares of Boeing by 734.4% in the 3rd quarter. Patton Fund Management Inc. now owns 10,322 shares of the aircraft producer's stock valued at $2,228,000 after purchasing an additional 9,085 shares during the period. Fisher Asset Management LLC boosted its position in shares of Boeing by 3.3% in the 3rd quarter. Fisher Asset Management LLC now owns 5,505,040 shares of the aircraft producer's stock worth $1,188,153,000 after purchasing an additional 177,597 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its stake in shares of Boeing by 41.1% during the third quarter. Russell Investments Group Ltd. now owns 223,824 shares of the aircraft producer's stock worth $48,316,000 after purchasing an additional 65,216 shares during the period. Institutional investors own 64.82% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on BA shares. JPMorgan Chase & Co. upped their price objective on Boeing from $245.00 to $270.00 and gave the company an "overweight" rating in a report on Wednesday, January 28th. Jefferies Financial Group restated a "buy" rating on shares of Boeing in a research report on Wednesday, March 4th. Zacks Research raised Boeing from a "strong sell" rating to a "hold" rating in a research note on Tuesday, December 2nd. Citigroup reiterated a "buy" rating on shares of Boeing in a research report on Thursday, February 5th. Finally, UBS Group lifted their price objective on shares of Boeing from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $246.14.

Insiders Place Their Bets

In other Boeing news, SVP Ann M. Schmidt sold 6,281 shares of the firm's stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $243.37, for a total transaction of $1,528,606.97. Following the sale, the senior vice president directly owned 13,978 shares in the company, valued at approximately $3,401,825.86. This trade represents a 31.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Howard E. Mckenzie sold 10,497 shares of Boeing stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $233.99, for a total transaction of $2,456,193.03. Following the completion of the transaction, the executive vice president directly owned 14,692 shares in the company, valued at approximately $3,437,781.08. The trade was a 41.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 21,012 shares of company stock worth $4,980,687. Company insiders own 0.10% of the company's stock.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Large U.S. Air Force E-7A/Wedgetail contract modification (~$2.34–$2.43B) expands Boeing’s defense backlog through 2032, providing near-term revenue visibility and supporting cash flow forecasts. Boeing wins $2.34B U.S. Air Force contract modification for E-7A aircraft
• Positive Sentiment: Reports note surging demand in military and other segments that could support higher production cadence and longer-term revenue upside (article highlights talk of “quadruple production” in some areas). This narrative boosts investor confidence in Boeing’s recovery trajectory. “Quadruple Production”: Boeing Stock NYSE: BA Jumps as Demand Surges
• Neutral Sentiment: Boeing’s commercial deliveries remain strong (February deliveries outpaced Airbus, hitting a multi‑year high), showing operational momentum even as quality checks continue. This helps offset near-term concerns. Boeing Deliveries Outpace Rival. Shares Dip On 737 MAX Wiring Issue.
• Neutral Sentiment: Broader contract awards reporting ( ~$2.49B update) highlights ongoing government work across Boeing and peers — supportive for backlog but not a game changer by itself. Boeing Contracts Get $2.49 Bil. Update; KC-135s Collide Over Iraq
• Negative Sentiment: Boeing is repairing up to ~25 undelivered 737 MAX jets after discovering wiring flaws caused by machining damage; deliveries may be delayed while inspections/rework proceed, pressuring near-term delivery counts and cash flow. Boeing repairing 25 737 MAX jets with wiring flaws, Bloomberg News reports
• Negative Sentiment: U.S. Air Force leadership has told lawmakers Boeing must fix ongoing KC‑46 tanker issues before additional orders, which could limit near-term follow‑on tanker revenue and weigh on program reputation. USAF general says Boeing has to fix tanker problems before US orders more
• Negative Sentiment: Investor sentiment remains cautious: recent wiring disclosures triggered share weakness over the past week as quality concerns persist despite strong delivery guidance and upbeat analyst coverage. Investors Are Betting on Boeing’s Turnaround Even as Quality Questions Linger

Boeing Stock Performance

Shares of Boeing stock opened at $209.97 on Monday. The stock's fifty day simple moving average is $235.19 and its 200 day simple moving average is $219.17. The company has a current ratio of 1.19, a quick ratio of 0.40 and a debt-to-equity ratio of 8.37. The company has a market capitalization of $164.90 billion, a PE ratio of 104.46 and a beta of 1.14. The Boeing Company has a 12 month low of $128.88 and a 12 month high of $254.35.

Boeing (NYSE:BA - Get Free Report) last posted its earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.40) by $10.32. The business had revenue of $23.95 billion during the quarter, compared to analyst estimates of $22.41 billion. During the same period in the previous year, the firm posted ($5.90) earnings per share. The firm's revenue was up 57.1% on a year-over-year basis. On average, research analysts predict that The Boeing Company will post -2.58 EPS for the current year.

Boeing Profile

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.

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