Pittenger & Anderson Inc. Reduces Stock Position in The Boeing Company $BA

Key Points

• Pittenger & Anderson Inc. cut its Boeing stake by 96.4% in Q4 to 501 shares (worth about $109,000), while large institutions such as Vanguard added to positions—Vanguard now holds 70,989,438 shares—leaving institutional ownership at 64.82%.
• Company insiders have been net sellers, offloading 21,012 shares in the last 90 days (including EVP Howard E. McKenzie’s sale of 10,497 shares), and now own just 0.10% of Boeing.
• Boeing reported quarterly EPS of ($0.20) versus a consensus of (‑$0.68) and revenue of $22.22 billion (up 14% YoY), but carries high leverage (debt‑to‑equity ~7.42) and an elevated trailing P/E (~110); analysts’ consensus is a Moderate Buy with an average target near $259.60.

Pittenger & Anderson Inc. lowered its position in shares of The Boeing Company (NYSE:BA - Free Report) by 96.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 501 shares of the aircraft producer's stock after selling 13,534 shares during the period. Pittenger & Anderson Inc.'s holdings in Boeing were worth $109,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BA. Vanguard Group Inc. boosted its position in Boeing by 5.1% during the 4th quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer's stock valued at $15,413,227,000 after buying an additional 3,460,021 shares during the period. Newport Trust Company LLC boosted its position in Boeing by 2.5% during the 3rd quarter. Newport Trust Company LLC now owns 29,198,446 shares of the aircraft producer's stock valued at $6,301,901,000 after buying an additional 707,490 shares during the period. Great Lakes Advisors LLC boosted its position in Boeing by 25,532.3% during the 3rd quarter. Great Lakes Advisors LLC now owns 424,983 shares of the aircraft producer's stock valued at $91,725,000 after buying an additional 423,325 shares during the period. PFA Pension Forsikringsaktieselskab purchased a new stake in Boeing during the 4th quarter valued at $89,368,000. Finally, Bessemer Group Inc. boosted its position in Boeing by 50.3% during the 3rd quarter. Bessemer Group Inc. now owns 1,069,819 shares of the aircraft producer's stock valued at $230,900,000 after buying an additional 357,995 shares during the period. Hedge funds and other institutional investors own 64.82% of the company's stock.

Insider Buying and Selling at Boeing

In related news, EVP Howard E. Mckenzie sold 10,497 shares of Boeing stock in a transaction dated 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 of the company's stock, valued at $3,437,781.08. This trade represents a 41.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Uma M. Amuluru sold 2,731 shares of Boeing stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $236.00, for a total transaction of $644,516.00. Following the transaction, the executive vice president directly owned 11,925 shares of the company's stock, valued at approximately $2,814,300. This trade represents a 18.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 21,012 shares of company stock valued at $4,980,687. Insiders own 0.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Wolfe Research restated an "outperform" rating and issued a $275.00 price objective on shares of Boeing in a report on Thursday, April 23rd. Argus upgraded shares of Boeing to a "hold" rating in a report on Monday, February 2nd. Vertical Research restated a "buy" rating and issued a $281.00 price objective on shares of Boeing in a report on Tuesday, January 27th. Sanford C. Bernstein restated an "outperform" rating on shares of Boeing in a report on Wednesday, January 28th. Finally, Citigroup decreased their price objective on shares of Boeing from $290.00 to $256.00 and set a "buy" rating for the company in a report on Thursday, April 2nd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $259.60.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Biman Bangladesh placed a 14‑aircraft order (mix of 787‑10, 787‑9 and 737‑8) worth about $3.7B, boosting Boeing's commercial backlog and near‑term delivery visibility. Biman Bangladesh Airlines Orders 14 Boeing 787 Dreamliner and 737 MAX Jets
• Positive Sentiment: The U.S. Air Force plans to buy five additional Boeing E‑7A Wedgetail surveillance aircraft (on top of two prototypes), supporting Boeing’s defense revenue and government backlog. US Air Force plans to buy five more Boeing E-7A surveillance aircraft
• Positive Sentiment: Bank of America reiterated a Buy rating and $270 price target, saying Boeing’s core operational trajectory remains positive even though the turnaround is uneven — a vote of confidence from a major broker. Boeing continues to show turnaround progress, keeping Banking of America bullish
• Neutral Sentiment: Analyst consensus price target sits around $259.35 — above current levels but below some broker targets, offering mixed signals on upside. The Boeing Company NYSE: BA Receives $259.35 Average Price Target from Brokerages
• Neutral Sentiment: Boeing made a carbon‑purchase move highlighted by ESG coverage — positive for sustainability positioning but likely limited near‑term financial impact. “…Supporting the Responsible Growth of our Industry…” Boeing Stock NYSE: BA Notches Up With Carbon Purchase
• Negative Sentiment: Concerns remain: Boeing’s turnaround has uneven execution, debt levels are high and valuation is elevated (P/E >100 on trailing figures), leaving shares sensitive to any operational hiccups or delivery delays. Investors appear to be trimming positions into the upbeat headlines.

Boeing Stock Up 0.1%

Shares of NYSE BA opened at $227.58 on Monday. The company has a current ratio of 1.18, a quick ratio of 0.35 and a debt-to-equity ratio of 7.42. The Boeing Company has a 12 month low of $176.77 and a 12 month high of $254.35. The firm has a market capitalization of $179.40 billion, a PE ratio of 110.48 and a beta of 1.21. The firm has a fifty day simple moving average of $217.11 and a two-hundred day simple moving average of $217.38.

Boeing (NYSE:BA - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.68) by $0.48. The business had revenue of $22.22 billion during the quarter, compared to the consensus estimate of $22.15 billion. During the same quarter in the previous year, the business earned ($0.49) earnings per share. The firm's revenue was up 14.0% compared to the same quarter last year. Equities analysts expect that The Boeing Company will post 0.04 earnings per share 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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