Boeing stock is trading -20.05% below its average target price of $218.54 after dropping -2.1% during today's afternoon session. Analysts are giving the Large-Cap Aerospace & Defense company an average rating of buy and target prices ranging from $140.0 to $275.0 per share.
Boeing's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.8%. The stock's short ratio is 1.48. At 0.07%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 64.3%. In conclusion, we believe there is mixed market sentiment regarding Boeing.
Institutions Invested in Boeing
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 8% | 49,724,770 | $8,687,663,008 |
| 2024-03-31 | Blackrock Inc. | 6% | 37,171,275 | $6,494,379,175 |
| 2024-03-31 | Newport Trust Company, LLC | 5% | 31,251,551 | $5,460,114,618 |
| 2024-03-31 | State Street Corporation | 4% | 27,069,378 | $4,729,426,278 |
| 2024-03-31 | FMR, LLC | 4% | 22,066,891 | $3,855,416,780 |
| 2024-03-31 | Capital Research Global Investors | 3% | 16,446,305 | $2,873,416,117 |
| 2024-03-31 | Loomis Sayles & Company, LP | 2% | 13,447,385 | $2,349,459,821 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 11,104,120 | $1,940,056,285 |
| 2024-03-31 | Capital World Investors | 2% | 10,791,455 | $1,885,429,020 |
| 2024-03-31 | Morgan Stanley | 1% | 8,797,721 | $1,537,093,792 |
