Rep. Julie Johnson Purchases Shares of The Boeing Company (NYSE:BA)

Representative Julie Johnson (D-Texas) recently bought shares of The Boeing Company NYSE: BA. In a filing disclosed on February 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Boeing stock on January 15th. The trade occurred in the Representative's "MERRILL LYNCH TAX EFFICIENT CORE" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 1/28/2025.
• Sold $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 1/28/2025.
• Sold $1,001 - $15,000 in shares of ALLETE NYSE: ALE on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 1/27/2025.
• Purchased $1,001 - $15,000 in shares of Progressive NYSE: PGR on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Morgan Stanley NYSE: MS on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 1/17/2025.

Boeing Stock Performance

Shares of Boeing stock traded down $0.92 during trading hours on Monday, reaching $184.52. The company's stock had a trading volume of 5,037,194 shares, compared to its average volume of 7,716,679. The stock's fifty day simple moving average is $174.96 and its two-hundred day simple moving average is $163.90. The Boeing Company has a one year low of $137.03 and a one year high of $208.10. The company has a market capitalization of $138.40 billion, a P/E ratio of -10.07 and a beta of 1.52.

Boeing (NYSE:BA - Get Free Report) last issued its quarterly earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing analysts' consensus estimates of ($1.60) by ($4.30). During the same quarter in the previous year, the firm earned ($0.47) earnings per share. As a group, research analysts forecast that The Boeing Company will post -2.3 earnings per share for the current year.

Institutional Investors Weigh In On Boeing

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sierra Ocean LLC purchased a new stake in Boeing during the 4th quarter valued at $26,000. Sugar Maple Asset Management LLC bought a new position in shares of Boeing during the fourth quarter valued at about $27,000. Fiduciary Advisors Inc. purchased a new stake in shares of Boeing during the fourth quarter worth about $28,000. HighMark Wealth Management LLC grew its stake in shares of Boeing by 121.6% in the fourth quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer's stock worth $29,000 after purchasing an additional 90 shares during the last quarter. Finally, Anfield Capital Management LLC increased its holdings in Boeing by 113.1% during the 4th quarter. Anfield Capital Management LLC now owns 179 shares of the aircraft producer's stock valued at $32,000 after purchasing an additional 95 shares during the period. Institutional investors own 64.82% of the company's stock.

Analyst Upgrades and Downgrades

BA has been the subject of several analyst reports. Benchmark reaffirmed a "buy" rating and issued a $250.00 price objective on shares of Boeing in a report on Thursday, October 24th. Royal Bank of Canada restated an "outperform" rating and issued a $200.00 target price on shares of Boeing in a research note on Wednesday, January 29th. Robert W. Baird decreased their price target on shares of Boeing from $240.00 to $200.00 and set an "outperform" rating on the stock in a report on Thursday, October 24th. Barclays raised Boeing from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $190.00 to $210.00 in a research note on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Boeing from $184.00 to $215.00 and gave the stock a "buy" rating in a research note on Thursday, January 2nd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Boeing has an average rating of "Moderate Buy" and a consensus target price of $195.16.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

About Boeing

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.