Healthcare of Ontario Pension Plan Trust Fund Reduces Position in The Boeing Company $BA

Key Points

• Healthcare of Ontario Pension Plan Trust Fund cut its Boeing stake by 31.5% in the first quarter, selling 82,967 shares and retaining 180,070 shares valued at approximately $35.8 million.
• Boeing shares opened at $209.51, while institutional investors collectively owned 64.82% of the company. Director Bradley D. Tilden separately purchased 1,370 shares at an average price of $218.50.
• Analysts remain broadly positive, with Boeing receiving a “Moderate Buy” consensus rating and an average price target of $261.53, though supply-chain constraints and uncertainty over China orders remain risks.

Healthcare of Ontario Pension Plan Trust Fund trimmed its position in The Boeing Company (NYSE:BA - Free Report) by 31.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 180,070 shares of the aircraft producer's stock after selling 82,967 shares during the period. Healthcare of Ontario Pension Plan Trust Fund's holdings in Boeing were worth $35,839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Boeing in the third quarter worth about $25,000. Strive Financial Group LLC purchased a new stake in Boeing in the fourth quarter valued at approximately $25,000. Ares Financial Consulting LLC purchased a new stake in Boeing in the fourth quarter valued at approximately $26,000. CrossGen Wealth LLC acquired a new position in Boeing in the 4th quarter worth approximately $26,000. Finally, Strategic Wealth Advisors LLC acquired a new position in Boeing in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 64.82% of the company's stock.

Insider Activity at Boeing

In other news, Director Bradley D. Tilden bought 1,370 shares of the business's stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average cost of $218.50 per share, with a total value of $299,345.00. Following the acquisition, the director directly owned 1,370 shares in the company, valued at $299,345. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.10% of the stock is owned by insiders.

Boeing Trading Down 0.0%

Shares of NYSE:BA opened at $209.51 on Monday. The Boeing Company has a 12-month low of $176.77 and a 12-month high of $254.35. The company has a market capitalization of $165.15 billion, a PE ratio of 101.70 and a beta of 1.21. The business has a 50 day moving average of $219.35 and a two-hundred day moving average of $224.33. The company has a current ratio of 1.18, a quick ratio of 0.35 and a debt-to-equity ratio of 7.42.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing heads into earnings with a massive backlog of about $695 billion, giving investors visibility into years of future revenue and reinforcing the turnaround narrative. Boeing Has a $695B Backlog and Analysts See 29% Upside. Should You Buy Before July 28 Earnings?
• Positive Sentiment: Analysts see meaningful upside in BA, with some reports citing nearly 30% potential gains ahead of Q2 results, and prediction markets are leaning toward a beat. Boeing Has a $695B Backlog and Analysts See 29% Upside. Should You Buy Before July 28 Earnings?
• Positive Sentiment: Boeing is nearing FAA certification for the 737 Max 10, with more than 1,500 orders waiting for approval; that could support future deliveries if approvals come through. Boeing Nears Max 10 Certification With 1,500+ Orders Awaiting Approval
• Neutral Sentiment: Several previews highlighted improving commercial deliveries and production gains, but also flagged supply-chain bottlenecks that could affect revenue and cash flow in the near term. Buy, Hold or Sell Boeing Stock? Key Insights Ahead of Q2 Earnings
• Neutral Sentiment: News that Emirates will not take early 777-9 aircraft was viewed as a setback, but the market appeared to shrug it off given Boeing’s broader backlog and turnaround momentum. Emirates Will Not Take Early 777-9 Aircraft, Boeing Stock NYSE: BA Gains Regardless
• Negative Sentiment: China is reportedly seeking new terms on Boeing orders, creating uncertainty around a key international growth market and weighing on sentiment. China is said to seek new Boeing order terms, raising doubts on Trump-Xi deal

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Weiss Ratings restated a "sell (d+)" rating on shares of Boeing in a research note on Tuesday, July 21st. Citigroup increased their price objective on shares of Boeing from $256.00 to $260.00 and gave the stock a "buy" rating in a research note on Monday, May 18th. Morgan Stanley raised their target price on shares of Boeing from $245.00 to $250.00 and gave the stock an "equal weight" rating in a report on Thursday, April 23rd. Btg Pactual set a $260.00 target price on shares of Boeing in a research report on Tuesday, July 14th. Finally, Wells Fargo & Company assumed coverage on shares of Boeing in a report on Wednesday, April 1st. They issued an "overweight" rating and a $250.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Boeing currently has an average rating of "Moderate Buy" and an average target price of $261.53.

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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