<div id="readability-page-1"><p>Bangor Savings Bank raised its stake in shares of  The Boeing Company (NYSE:BA - Free Report) by 82.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,028 shares of the aircraft producer's stock after purchasing an additional 4,545 shares during the period. Bangor Savings Bank's holdings in Boeing were worth $2,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><ul><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li></ul><p>Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. American National Bank &amp; Trust raised its position in  Boeing by 474.1% during the first quarter. American National Bank &amp; Trust now owns 155 shares of the aircraft producer's stock valued at $26,000 after purchasing an additional 128 shares during the period.  REAP Financial Group LLC raised its position in  Boeing by 60.2% during the fourth quarter. REAP Financial Group LLC now owns 173 shares of the aircraft producer's stock valued at $31,000 after purchasing an additional 65 shares during the period.  Dogwood Wealth Management LLC raised its position in  Boeing by 167.2% during the fourth quarter. Dogwood Wealth Management LLC now owns 179 shares of the aircraft producer's stock valued at $32,000 after purchasing an additional 112 shares during the period.  Heck Capital Advisors LLC purchased a new stake in  Boeing during the fourth quarter valued at approximately $33,000.  Finally, Proathlete Wealth Management LLC purchased a new stake in  Boeing during the first quarter valued at approximately $34,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Boeing Stock Down 1.8%</h2><p>BA opened at $216.12 on Friday. The stock's fifty day moving average is $228.76 and its two-hundred day moving average is $199.39. The company has a market capitalization of $163.42 billion, a P/E ratio of -13.09 and a beta of 1.48. The Boeing Company has a 52 week low of $128.88 and a 52 week high of $242.69. </p><ul><li>3 Potential Rate Cut Winners for Your Portfolio</li></ul><p>Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The aircraft producer reported ($1.24) EPS for the quarter, missing the consensus estimate of ($0.92) by ($0.32). The business had revenue of $22.75 billion during the quarter, compared to the consensus estimate of $20.13 billion. The firm's revenue for the quarter was up 34.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($2.90) EPS.  Equities analysts anticipate that  The Boeing Company will post -2.58 earnings per share for the current year. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of equities research analysts have issued reports on the company. Wells Fargo &amp; Company  restated an &#34;underweight&#34; rating on shares of Boeing in a research report on Thursday, May 22nd. KGI Securities upgraded Boeing from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Thursday, July 24th. Wall Street Zen downgraded Boeing from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Saturday, May 17th. Jefferies Financial Group increased their price target on Boeing from $230.00 to $250.00 and gave the stock a &#34;buy&#34; rating in a report on Wednesday, June 4th. Finally, Bank of America increased their price target on Boeing from $260.00 to $270.00 and gave the stock a &#34;buy&#34; rating in a report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have assigned  a Hold rating and two have assigned  a Sell rating to the company. According to data from MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $230.77.</p><ul><li>TransDigm’s Edge: From Spare Parts to Sky-High Profits</li></ul><p><b>Get Our Latest Stock Report on Boeing</b></p><h2>Insider Buying and Selling at Boeing</h2><p>In other Boeing news, EVP David Christopher Raymond sold 3,771 shares of the firm's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $229.94, for a total transaction of $867,103.74. Following the transaction, the executive vice president directly owned 35,873 shares in the company, valued at $8,248,637.62. This trade represents a 9.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Mortimer J. Buckley acquired 2,200 shares of Boeing stock in a transaction on Tuesday, August 19th. The shares were purchased at an average price of $226.10 per share, for a total transaction of $497,420.00. Following the completion of the acquisition, the director directly owned 2,200 shares in the company, valued at $497,420. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own  0.09% of the company's stock. </p><h2>About Boeing</h2> (Free Report)<p>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 &amp; Security; and Global Services segments.</p><h2>See Also</h2><ul><li>Five stocks we like better than Boeing</li><li>The Most Important Warren Buffett Stock for Investors: His Own</li><li>Ride the Luxury Retail Wave with These 3 High-End Brand Stocks</li><li>The Role Economic Reports Play in a Successful Investment Strategy</li><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li><li>What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story</li><li>Meta's $600B U.S. Investment: Bearish or Bullish for Shares? </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJB?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJB"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Boeing Right Now?</h2><p>Before you consider Boeing, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boeing wasn't on the list.</p><p>While Boeing currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Bangor Savings Bank increased its stake in The Boeing Company (NYSE:BA) by 82.9% in Q2, owning 10,028 shares valued at $2.1 million. Other institutional investors also raised their positions. Boeing's stock is currently down 1.8%, trading at $216.12, with a market cap of $163.42 billion. The company reported a quarterly EPS of ($1.24), missing estimates, but revenue rose 34.9% year-over-year. Analysts have mixed ratings on Boeing, with an average target price of $230.77.</p>

Bangor Savings Bank Raises Position in The Boeing Company $BA