Tritonpoint Wealth LLC trimmed its position in Boeing by 12.6% during the fourth quarter, selling 5,953 shares and leaving the wealth manager with 41,197 shares of the aerospace giant, according to the firm's latest SEC filing. The remaining stake was valued at about $8.95 million and represented roughly 0.9% of Tritonpoint’s portfolio, making Boeing its 29th-largest holding.
The filing is the latest in a flurry of portfolio moves around Boeing as institutional investors reshuffle positions after the company’s strong quarterly results. Revolve Wealth Partners picked up a new, modest stake in the fourth quarter worth about $201,000. Several managers adjusted positions earlier in the year: Sivia Capital Partners increased holdings by 16.5% and now owns 1,529 shares (about $320,000), 1832 Asset Management opened a new position worth roughly $2.05 million, Baird Financial Group added 6.4% to its stake to reach 260,278 shares (valued at about $54.54 million), and Annandale Capital also established a new stake of about $211,000. Institutional investors and hedge funds collectively own about 64.82% of Boeing’s stock.
Insider activity has been mixed. Mortimer J. Buckley, a Boeing director, bought 2,230 shares on March 3 at an average price of $224.20, spending about $500,000 and boosting his stake to 4,430 shares. In contrast, Senior Vice President Ann M. Schmidt sold 6,281 shares on Feb. 17 at an average price of $243.37, for proceeds of about $1.53 million, trimming her holdings by roughly 31%. Over the most recent quarter, company insiders were net sellers of 21,012 shares valued at about $4.98 million; insiders collectively own just 0.10% of Boeing’s stock.
Boeing’s financial performance has been a central driver of investor interest. The company reported blockbuster fourth-quarter results on Jan. 27, posting $9.92 earnings per share — a dramatic swing from a loss a year earlier and well ahead of analysts’ estimates — on revenue of $23.95 billion, up 57.1% year-on-year. Despite the beat, sell-side analysts have shown diverse views: Citigroup trimmed its price target to $256 from $290 while still rating the stock “buy,” Royal Bank of Canada nudged its target up to $275, and JPMorgan raised its target to $270. MarketBeat’s consensus sits near $252.48 and classifies Boeing as a “Moderate Buy.”
Market metrics underline the company’s recovery and challenges. Shares opened at $208.42 on Friday, having traded within a one-year range of $128.88 to $254.35; the 50-day and 200-day moving averages are $223.16 and $216.42, respectively. Boeing’s market capitalization stands near $163.7 billion, its price-to-earnings ratio is elevated at about 103.7, and the company carries a high leverage profile with a debt-to-equity ratio of 8.37. Analysts polled by MarketBeat expect Boeing to report a negative full-year EPS (consensus -2.58) for the current fiscal year, reflecting ongoing normalization after sizable prior-year losses and accounting quirks tied to program recoveries.
The recent mix of trimming by some managers, fresh buys by others, and varied analyst actions suggests investors are rebalancing exposure to Boeing amid its earnings rebound and persistent balance-sheet and execution risks. With institutional ownership high but insider holdings negligible, market positioning appears largely driven by external portfolio strategy rather than concentrated insider conviction.