California State Teachers Retirement System 13F: Cuts BA Stake by $5.5M

CalSTRS Trims Boeing Holdings

California State Teachers Retirement System trimmed its stake in The Boeing Company (NYSE: BA) by 25,207 shares, reducing its total holdings to 1,182,774 shares valued at approximately $256 million as of May 18, 2026. This represents a decline of about 2.1% in its position. The latest Form 13F filing with the SEC reflects this change.

Understanding the Position Change

With this reduction, CalSTRS has slightly less exposure to Boeing, a major player in the aerospace and defense industry. The fund's stake now stands at 1,182,774 shares, down from 1,207,981 shares. The reported value of the position is significant, highlighting the fund's ongoing interest in Boeing despite the recent cut.

Institutional Interest in Boeing

Boeing has seen varied interest from other institutional investors recently. Notably, DZ Bank AG increased its holdings by over 1.3 million shares, reflecting strong interest in the company. Meanwhile, Vaughan Nelson Investment Management also boosted its stake significantly, indicating confidence in Boeing's future prospects.

Stock Performance and Market Context

On the day this report was published, Boeing shares traded at $216.47. This price is lower than its recent high of $254.35, showing some volatility. The stock has been fluctuating around its 50-day moving average of $206.21, suggesting it has been navigating a challenging market environment.

Analysts Set New Price Targets

Analysts continue to express optimism about Boeing. On October 15, 2026, RBC Capital maintained its 'Outperform' rating with a price target of $235. Bernstein also kept its 'Outperform' rating, adjusting its target to $278. Additionally, TD Cowen maintained a 'Buy' rating with a target of $240. The consensus recommendation remains a 'Buy' with a mean price target of $268.15.

What The Boeing Company Does

The Boeing Company designs and manufactures commercial jetliners, military aircraft, satellites, and more. The company operates in three main segments: Commercial Airplanes, Defense, Space & Security, and Global Services. Boeing's broad range of operations positions it as a leader in the aerospace and defense sectors.

What’s Next for Boeing?

Investors will be looking ahead to Boeing's next earnings report scheduled for October 27, 2026. As always, the 13F filing reflects positions as of May 18, 2026, and may not represent the current holdings of CalSTRS. Further developments in Boeing's financial performance and market conditions will be key to watch in the coming months.