QRG Capital Management Inc. Has $18.40 Million Stake in The Boeing Company $BA

Key Points

• QRG Capital Management raised its Boeing stake by 5.9% to 84,737 shares (about $18.40 million) at quarter-end, and institutional investors collectively own roughly 64.82% of the company.
• Boeing beat quarterly EPS expectations (loss of $0.20 vs. -$0.68) and revenue rose 14% to $22.22 billion, yet the stock traded down ~2.7% amid concerns over valuation and leverage (P/E ~107, debt/equity 7.42).
• Analysts maintain a consensus rating of "Moderate Buy" with an average target of $259.60, though individual price targets and opinions remain mixed and market reaction to recent order wins has been muted.

QRG Capital Management Inc. boosted its position in The Boeing Company (NYSE:BA - Free Report) by 5.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,737 shares of the aircraft producer's stock after buying an additional 4,709 shares during the period. QRG Capital Management Inc.'s holdings in Boeing were worth $18,398,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Boeing by 5.1% during the fourth quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer's stock valued at $15,413,227,000 after purchasing an additional 3,460,021 shares during the period. Newport Trust Company LLC raised its holdings in shares of Boeing by 2.5% during the third quarter. Newport Trust Company LLC now owns 29,198,446 shares of the aircraft producer's stock valued at $6,301,901,000 after purchasing an additional 707,490 shares during the period. Great Lakes Advisors LLC raised its holdings in shares of Boeing by 25,532.3% during the third quarter. Great Lakes Advisors LLC now owns 424,983 shares of the aircraft producer's stock valued at $91,725,000 after purchasing an additional 423,325 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new position in shares of Boeing during the fourth quarter valued at about $89,368,000. Finally, Bessemer Group Inc. raised its holdings in shares of Boeing by 50.3% during the third quarter. Bessemer Group Inc. now owns 1,069,819 shares of the aircraft producer's stock valued at $230,900,000 after purchasing an additional 357,995 shares during the period. Institutional investors and hedge funds own 64.82% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Citigroup dropped their price objective on shares of Boeing from $290.00 to $256.00 and set a "buy" rating on the stock in a report on Thursday, April 2nd. Morgan Stanley upped their price objective on shares of Boeing from $245.00 to $250.00 and gave the company an "equal weight" rating in a report on Thursday, April 23rd. TD Cowen reiterated a "buy" rating on shares of Boeing in a report on Wednesday, January 28th. Wolfe Research reiterated an "outperform" rating and set a $275.00 price objective on shares of Boeing in a report on Thursday, April 23rd. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Boeing in a report on Wednesday, March 4th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, Boeing currently has an average rating of "Moderate Buy" and an average target price of $259.60.

Boeing Trading Down 2.7%

NYSE:BA opened at $221.31 on Tuesday. The company has a debt-to-equity ratio of 7.42, a quick ratio of 0.35 and a current ratio of 1.18. The firm has a market cap of $174.46 billion, a price-to-earnings ratio of 107.43 and a beta of 1.21. The Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35. The firm has a 50-day moving average price of $217.11 and a two-hundred day moving average price of $217.38.

Boeing (NYSE:BA - Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.68) by $0.48. The firm had revenue of $22.22 billion during the quarter, compared to analysts' expectations of $22.15 billion. The company's quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.49) EPS. On average, equities analysts expect that The Boeing Company will post 0.04 earnings per share for the current fiscal year.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: EgyptAir took delivery of its first 737 MAX (737‑8), expanding Boeing’s MAX footprint and supporting near‑term cashflows from commercial deliveries. EgyptAir Takes Delivery of First Boeing 737 MAX Jet
• Positive Sentiment: Boeing won new commercial orders (Biman Bangladesh, SCAT Airlines) and is advancing sustainability initiatives, which support backlog growth and order momentum versus Airbus in some markets. Boeing Wins New Orders And Advances Climate Moves As Valuation Lags
• Positive Sentiment: Israel approved a major plan to buy F‑35 and F‑15I aircraft (Lockheed and Boeing involvement), underpinning defense revenues and long‑term government backlog. Israel approves plan to buy F-35 and F-15I aircraft from US
• Positive Sentiment: Southwest is preparing for delivery of the Boeing 737 MAX 7 next year and is even considering hiring mechanics from defunct Spirit — a sign of continued demand for Boeing’s newer 737 variants. Southwest weighs hiring Spirit Airlines mechanics ahead of Boeing MAX 7 arrival
• Neutral Sentiment: Analyst and media coverage notes Boeing’s expanding deliveries (e.g., EgyptAir) and order wins, but also highlights that valuation and balance‑sheet metrics lag peers — mixed signals for near‑term upside. What's Going On With Boeing Stock Monday?
• Negative Sentiment: A United Airlines Boeing 767 struck a truck and light pole while landing at Newark; although it landed safely, the incident can raise safety headlines and investor caution about fleet incidents—even if the aircraft type is an older model. ‘A major catastrophe was avoided by feet’: A United Airlines plane hits a truck and light pole while landing at Newark airport
• Negative Sentiment: Market reaction has been muted or negative despite new deals (commentary notes BA “slides despite new deal with Israel”), suggesting investor concerns over valuation, cash flow, and leverage may be outweighing order news. Boeing Stock NYSE: BA Slides Despite New Deal With Israel

Insider Activity

In other Boeing news, EVP Uma M. Amuluru sold 1,503 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $233.78, for a total value of $351,371.34. Following the completion of the sale, the executive vice president owned 19,015 shares in the company, valued at approximately $4,445,326.70. This trade represents a 7.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Howard E. Mckenzie sold 10,497 shares of the 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 transaction, the executive vice president directly owned 14,692 shares of the company's stock, valued at $3,437,781.08. This represents a 41.67% 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 have sold 21,012 shares of company stock worth $4,980,687. Corporate 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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