Boeing stock is trading -16.74% below its average target price of $195.66 after marking a 3.4% during today's morning session. Analysts are giving the Large-Cap Aerospace & Defense company an average rating of buy and target prices ranging from $107.33 to $248.03 per share.
Boeing's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.2%. The stock's short ratio is 2.04. The company's insiders own 0.13% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 67.6%. In conclusion, we believe there is mixed market sentiment regarding Boeing.
Institutions Invested in Boeing
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Vanguard Group Inc | 8% | 50,933,645 | $8,297,600,293 |
| 2024-06-30 | Blackrock Inc. | 6% | 36,289,983 | $5,912,001,263 |
| 2024-06-30 | Newport Trust Company, LLC | 5% | 31,640,184 | $5,154,502,491 |
| 2024-06-30 | State Street Corporation | 4% | 27,141,601 | $4,421,638,318 |
| 2024-06-30 | Capital Research Global Investors | 4% | 26,539,418 | $4,323,536,683 |
| 2024-06-30 | FMR, LLC | 4% | 23,913,223 | $3,895,703,246 |
| 2024-06-30 | Loomis Sayles & Company, LP | 2% | 14,829,166 | $2,415,819,487 |
| 2024-06-30 | Capital World Investors | 2% | 13,437,129 | $2,189,042,734 |
| 2024-06-30 | Geode Capital Management, LLC | 2% | 11,399,379 | $1,857,072,874 |
| 2024-06-30 | Bank of America Corporation | 1% | 8,501,099 | $1,384,914,069 |
