Dz Bank AG Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main Adds $302M in The Boeing Company ($BA)
DZ Bank AG boosted its Boeing holdings by over 1.3 million shares, reflecting strong interest.
Key Points
- DZ Bank AG increased its holdings in Boeing by 1,309,693 shares, ending with 1,320,628 shares valued at $304.8 million.
- Boeing shares are trading at $230.8 with a market cap of $180.5 billion and a P/E ratio of 90.14.
- Recent analyst ratings include Citigroup maintaining a 'buy' with a $260 target, and Wells Fargo initiating coverage with a 'buy' rating.
DZ Bank AG Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main, has significantly boosted its position in The Boeing Company (NYSE: BA). As reported in its latest 13F filing, the bank increased its holdings by 1,309,693 shares, bringing its total to 1,320,628 shares valued at approximately $304.8 million. This marks an impressive percentage increase from its previous holding of 10,935 shares.
What Changed in DZ Bank's Boeing Position
DZ Bank's recent filing reveals a substantial increase in its Boeing stake. The bank added 1,309,693 shares, boosting its total holdings to 1,320,628 shares, up from just 10,935 shares previously. This massive increase reflects a strong interest in Boeing, with the holdings now valued at about $304.8 million.
Other Institutional Activity in Boeing
Several other major institutional investors also adjusted their Boeing stakes. BlackRock, Inc. grew its holdings by 4,224,207 shares, ending with 58,192,341 shares valued at approximately $11.58 billion. Similarly, FMR LLC added 3,863,434 shares, bringing its total to 56,876,382 shares worth about $11.32 billion. Vanguard Capital Management LLC made a notable increase, now holding 51,005,657 shares valued at roughly $10.15 billion. Meanwhile, State Street Corp added 332,543 shares, totaling 37,424,293 shares valued at $7.45 billion. On the other hand, Newport Trust Company, LLC reduced its position by 820,470 shares, holding 28,664,824 shares valued at $5.71 billion.
Boeing Stock Snapshot
Shares of Boeing (NYSE: BA) are trading near $230.8. The aerospace giant has a market cap of approximately $180.5 billion and a P/E ratio of 90.14. Its forward P/E is 54.75, indicating expectations of future earnings growth. Boeing's stock has a 52-week low of $176.77 and a high of $254.35, with a 50-day moving average of $223.56 and a 200-day moving average of $218.80. The company has a beta of 1.198, suggesting it is more volatile than the market.
Recent Earnings
In its most recent quarter, Boeing reported revenue of $92.18 billion, reflecting a growth rate of 14%. The company posted an EPS of $2.54, with a net margin of 2.46% and a return on equity of 1.70%. Investors are looking forward to the next earnings report, expected on July 28, 2026.
Insider Buying and Selling at The Boeing Company
Several insiders have been buying Boeing shares recently. On May 20, 2026, Bradley Tilden purchased 1,370 shares at an average price of $218.50. Earlier, on April 1, 2026, Steven Mollenkopf, Lynne Doughtie, Robert Bradway, David Leon Joyce, and Mortimer Buckley all acquired shares, though the prices were not disclosed.
Analysts Set New Price Targets
Analysts have been active with their ratings on Boeing. On May 18, 2026, Citigroup maintained its 'buy' rating with a $260 price target. Tigress Financial also maintained a 'buy' rating with a $295 target on April 29, 2026. Morgan Stanley kept its 'hold' rating with a $250 target on April 23, 2026, while Wells Fargo initiated coverage with a 'buy' rating and a $250 target on April 1, 2026. The consensus recommendation is a 'buy', with an average target price of $270 based on 25 analyst opinions.
About The Boeing Company
The Boeing Company, headquartered in Arlington, Virginia, is a leading aerospace and defense corporation. It designs, manufactures, and sells commercial jetliners, military aircraft, satellites, and defense systems. Operating through its Commercial Airplanes, Defense, Space & Security, and Global Services segments, Boeing serves a diverse range of customers worldwide. The company employs approximately 182,000 people and is led by CEO Robert K. Ortberg.
Bottom Line
DZ Bank's significant increase in its Boeing holdings suggests confidence in the aerospace giant's future prospects. Investors closely monitor such 13F filings to gauge institutional sentiment, although these filings reflect past positions. Boeing's stock remains a focal point in the aerospace sector, with ongoing interest from analysts and institutional investors alike.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
