Old North State Wealth Management LLC Acquires 4,810 Shares of The Boeing Company $BA

Key Points

• Old North State Wealth Management LLC increased its Boeing stake by 21.2%, buying 4,810 shares to hold 27,486 shares worth $5,968,000, making BA ~2.8% of its portfolio and its 7th largest holding.
• Boeing posted a strong quarter—EPS $9.92 vs. consensus ($0.40) and revenue $23.95B (up 57.1% YoY)—and the sell‑side consensus is a Moderate Buy with an average target of $252.48.
• Institutional investors own about 64.82% of Boeing, while insiders sold ~21,012 shares (~$4.98M) last quarter even as a director increased their holding by 2,230 shares.

Old North State Wealth Management LLC grew its holdings in shares of The Boeing Company (NYSE:BA - Free Report) by 21.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 27,486 shares of the aircraft producer's stock after purchasing an additional 4,810 shares during the period. Boeing makes up approximately 2.8% of Old North State Wealth Management LLC's investment portfolio, making the stock its 7th largest holding. Old North State Wealth Management LLC's holdings in Boeing were worth $5,968,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. First Heartland Consultants Inc. increased its holdings in shares of Boeing by 1.1% during the fourth quarter. First Heartland Consultants Inc. now owns 4,062 shares of the aircraft producer's stock valued at $882,000 after purchasing an additional 43 shares during the period. N.E.W. Advisory Services LLC boosted its stake in Boeing by 3.1% during the third quarter. N.E.W. Advisory Services LLC now owns 1,540 shares of the aircraft producer's stock valued at $332,000 after buying an additional 46 shares in the last quarter. Motco boosted its stake in Boeing by 5.4% during the third quarter. Motco now owns 921 shares of the aircraft producer's stock valued at $199,000 after buying an additional 47 shares in the last quarter. Encompass Wealth Advisors LLC boosted its stake in Boeing by 0.9% during the third quarter. Encompass Wealth Advisors LLC now owns 5,045 shares of the aircraft producer's stock valued at $1,089,000 after buying an additional 47 shares in the last quarter. Finally, Jacobsen Capital Management boosted its stake in Boeing by 4.6% during the third quarter. Jacobsen Capital Management now owns 1,070 shares of the aircraft producer's stock valued at $231,000 after buying an additional 47 shares in the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing won multiple government and commercial-space contracts (including a US$101M U.S. Air Force KC-46 support contract), agreed a multi‑year PAC‑3 seeker production deal, and delivered the ViaSat‑3 Flight 3 satellite — tangible revenue and cash‑flow catalysts that support near‑term topline recovery. Boeing Contracts And Satellite Delivery Support Recovery Story As Lawsuit Emerges
• Positive Sentiment: Media coverage highlights the Air Force deal as a notable contract win that delivered a positive market reaction, reinforcing the defense backlog narrative that can stabilize revenue while commercial production normalizes. Boeing Stock NYSE: BA Notches Up With Air Force Deal
• Positive Sentiment: Airline demand signals are improving — LATAM reported double‑digit March traffic and capacity growth, a macro datapoint that supports long‑term aircraft demand and aftermarket services for OEMs like Boeing. LATAM Airlines March 2026 Traffic Improves Year Over Year
• Neutral Sentiment: Broader aerospace/space industry moves (e.g., SpaceX confidential IPO filing) could reshape capital flows in the sector but are not an immediate Boeing-specific driver. Monitor for changes in launch market dynamics or M&A that could indirectly affect Boeing’s space business. SpaceX Is Going Public. Why a Tesla Merger Could Be Musk’s Real Endgame.
• Neutral Sentiment: Analyst/media mentions of suppliers (e.g., Jim Cramer on GE Aerospace) underscore ecosystem demand (engines, services) but are indirect for BA stock moves. Jim Cramer on GE Aerospace
• Negative Sentiment: Reports note investor concern about conversions of new Boeings into freighters and operational complexity — coverage says the conversion theme helped push BA lower as markets reassess unit economics and aftermarket strategy. “Next-Generation Widebody Freighter Solution”: Boeing Stock Slides
• Negative Sentiment: Near‑term performance worries persist: coverage highlighting a ~9% three‑month decline points to ongoing production delays, cancellations and supply issues that keep execution risk priced into the stock. Boeing Declines 9.2% in Three Months
• Negative Sentiment: Legal and governance headlines — a shareholder solicitation about alleged breaches and a worker class‑action claiming unpaid time — add litigation and reputational risk that can pressure the multiple. Did The Boeing Company Insiders Breach their Fiduciary Duties?

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Royal Bank Of Canada raised their target price on Boeing from $265.00 to $275.00 and gave the company an "outperform" rating in a research note on Wednesday, January 28th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Boeing in a research note on Wednesday, March 4th. Tigress Financial raised their target price on Boeing from $275.00 to $290.00 and gave the company a "buy" rating in a research note on Thursday, March 19th. Weiss Ratings raised Boeing from a "sell (d-)" rating to a "hold (c-)" rating in a research note on Wednesday, February 4th. Finally, Susquehanna reaffirmed a "positive" rating and set a $280.00 target price on shares of Boeing in a research note on Thursday, January 15th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $252.48.

Boeing Trading Up 0.0%

NYSE:BA opened at $217.64 on Monday. The company has a quick ratio of 0.40, a current ratio of 1.19 and a debt-to-equity ratio of 8.37. The Boeing Company has a 1-year low of $152.00 and a 1-year high of $254.35. The firm has a market capitalization of $170.92 billion, a price-to-earnings ratio of 108.28 and a beta of 1.13. The stock has a fifty day simple moving average of $220.66 and a 200 day simple moving average of $216.46.

Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share for the quarter, beating analysts' consensus estimates of ($0.40) by $10.32. The company had revenue of $23.95 billion during the quarter, compared to analyst estimates of $22.41 billion. During the same quarter last year, the business earned ($5.90) EPS. The company's revenue for the quarter was up 57.1% compared to the same quarter last year. Sell-side analysts forecast that The Boeing Company will post -2.58 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Ann M. Schmidt sold 6,281 shares of the stock in a transaction 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 completion of the transaction, the senior vice president owned 13,978 shares in the company, valued at $3,401,825.86. This trade represents a 31.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Mortimer J. Buckley acquired 2,230 shares of Boeing stock in a transaction that occurred on Tuesday, March 3rd. The stock was acquired at an average cost of $224.20 per share, with a total value of $499,966.00. Following the completion of the purchase, the director owned 4,430 shares in the company, valued at approximately $993,206. This represents a 101.36% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 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 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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