Free Trial

Asset Dedication LLC Has $1.16 Million Stock Position in The Boeing Company (NYSE:BA)

Boeing logo with Aerospace background

Asset Dedication LLC reduced its position in shares of The Boeing Company (NYSE:BA - Free Report) by 39.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,547 shares of the aircraft producer's stock after selling 4,306 shares during the quarter. Asset Dedication LLC's holdings in Boeing were worth $1,159,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. R Squared Ltd bought a new stake in shares of Boeing during the 4th quarter worth $193,000. Planning Center Inc. acquired a new stake in shares of Boeing in the fourth quarter worth $229,000. Foster Group Inc. boosted its position in shares of Boeing by 4.6% in the fourth quarter. Foster Group Inc. now owns 3,224 shares of the aircraft producer's stock worth $571,000 after buying an additional 143 shares during the period. Mayflower Financial Advisors LLC boosted its position in shares of Boeing by 4.4% in the fourth quarter. Mayflower Financial Advisors LLC now owns 3,261 shares of the aircraft producer's stock worth $577,000 after buying an additional 137 shares during the period. Finally, Falcon Wealth Planning raised its holdings in shares of Boeing by 12.0% during the fourth quarter. Falcon Wealth Planning now owns 2,184 shares of the aircraft producer's stock worth $387,000 after acquiring an additional 234 shares in the last quarter. 64.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BA has been the subject of several recent research reports. Wells Fargo & Company increased their price objective on Boeing from $85.00 to $103.00 and gave the stock an "underweight" rating in a report on Wednesday. Susquehanna increased their price objective on Boeing from $200.00 to $205.00 and gave the stock a "positive" rating in a report on Wednesday. Northcoast Research upgraded Boeing from a "sell" rating to a "neutral" rating in a report on Thursday, December 12th. Sanford C. Bernstein lowered Boeing from an "outperform" rating to a "market perform" rating and cut their price objective for the stock from $195.00 to $169.00 in a report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. increased their price objective on Boeing from $190.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Boeing has a consensus rating of "Moderate Buy" and an average target price of $195.00.

Get Our Latest Stock Report on BA

Boeing Price Performance

Shares of NYSE:BA traded up $5.81 during trading on Thursday, reaching $179.47. The stock had a trading volume of 6,967,023 shares, compared to its average volume of 8,898,981. The Boeing Company has a 52 week low of $137.03 and a 52 week high of $214.63. The business's 50-day moving average price is $168.24 and its 200 day moving average price is $164.26. The stock has a market capitalization of $110.95 billion, a PE ratio of -13.91 and a beta of 1.52.

Boeing (NYSE:BA - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same period in the previous year, the company posted ($0.47) EPS. Analysts forecast that The Boeing Company will post -16.39 EPS for the current year.

Boeing Profile

(Free Report)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

See Also

Institutional Ownership by Quarter for Boeing (NYSE:BA)

Should You Invest $1,000 in Boeing Right Now?

Before you consider Boeing, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boeing wasn't on the list.

While Boeing currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Nuclear Energy’s Comeback: 7 Stocks to Watch in 2025

Nuclear Energy’s Comeback: 7 Stocks to Watch in 2025

Nuclear energy is making a resurgence! Watch to find out which seven nuclear energy stocks could deliver long-term gains in the transition to cleaner energy.

Related Videos

Pelosi Bets Big on AI: Her Top 5 Stock Picks
Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks
7 Stocks to Benefit From Trump’s Tariffs in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines