
Boeing's Shares Outstanding have been a topic of interest for investors and analysts alike. As of 2022, Boeing's total shares outstanding stood at approximately 747 million.
The company has a history of fluctuating shares outstanding, influenced by factors like stock splits and mergers. Between 2015 and 2020, Boeing's shares outstanding increased by about 50 million, reaching a peak of around 797 million.
Boeing's shares outstanding have been affected by its strategic decisions, such as the acquisition of various companies. In 2018, Boeing acquired Millennium Space Systems, which likely contributed to a slight increase in shares outstanding.
The number of shares outstanding can impact Boeing's stock price and dividend payments.
Share Statistics
Boeing has a significant number of shares outstanding, with 750.07 million shares in total.
The number of shares has increased by 6.83% in the past year, which is a notable change.
To put this into perspective, if you had 100 Boeing shares last year, you now have 106.83 shares.
Here's a breakdown of the share statistics:
Investor Information
Boeing's institutional investors hold a significant majority of its shares, with about 64.18% of total shares outstanding as of August 2024.
This means that institutional investors have a substantial amount of control over the company's decisions.
Institutional investors are typically large organizations, such as pension funds, hedge funds, and mutual funds, that invest in a variety of assets, including stocks.
Top 3 Insider Shareholders
When it comes to insider shareholders, it's essential to understand who they are and what their ownership stakes look like. The term "insider" refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company's stock.
Direct ownership is what matters here, not indirect ownership of shares or shares accessible through stock options. This list reflects that.
The definition of an insider has nothing to do with insider trading in this context.
Top Institutional Shareholders
As you delve into Boeing's investor information, it's essential to understand who holds the majority of its shares. Institutional investors hold about 64.18% of Boeing's shares as of August 2024.
Boeing's institutional shareholders have a significant impact on the company's decisions and direction. This is because they collectively own a substantial portion of the company's outstanding shares.
The exact number of institutional shareholders isn't specified, but they collectively hold a substantial 64.18% of total shares outstanding as of August 2024.
Short Selling Information
The short selling information can be a valuable tool for investors.
As of the latest data, 25.06 million shares have been sold short.
This represents 3.34% of the outstanding shares.
The previous month saw 20.79 million shares sold short.
The short interest as a percentage of the float is 3.50%.
It's worth noting that the short ratio is 2.21 days to cover.
Here's a breakdown of the short selling information:
Market Analysis
Boeing's market analysis reveals a complex landscape. The company's shares outstanding have been affected by various factors, including the COVID-19 pandemic.
In 2020, Boeing's market capitalization plummeted to $65 billion, down from $235 billion in 2019. This significant decline was largely due to the pandemic's impact on the aviation industry.
Boeing's stock price has since recovered, but the company still faces challenges in the market. The aerospace industry's reliance on government contracts and defense spending makes it vulnerable to economic fluctuations.
Analyst Forecast
Boeing's analyst forecast is quite promising, with an average price target of $200.68, a 10.57% increase from the current price.
The consensus rating among analysts is "Buy", indicating a strong confidence in the company's future performance.
A total of 21 analysts have contributed to this forecast, providing a robust and well-rounded view of Boeing's prospects.
Here's a summary of the key points from the analyst forecast:
Boeing's revenue growth forecast over the next 5 years is a notable 16.63%, a promising sign for the company's future financial health.
Current Valuation Drivers
The current valuation drivers in the market are largely influenced by the growing demand for renewable energy sources, particularly solar and wind power. This is evident in the increasing adoption of green technologies, as seen in the 25% growth in solar panel installations in the past year.
The shift towards cleaner energy is also driven by government policies and regulations, such as tax credits and subsidies, which have helped reduce the cost of renewable energy production by 30% in the past decade.
Investors are taking notice of this trend, with many pouring money into renewable energy projects, resulting in a 50% increase in venture capital investments in the sector over the past two years.
Boeing Company Analysis
The Boeing Company is a leading American multinational corporation in the aerospace and defense industry.
Boeing is one of the largest employers in the world with over 140,000 employees.
The company's headquarters is located in Chicago, Illinois, and it has a significant presence in the United States, Europe, and Asia.
Boeing has a diverse product portfolio that includes commercial airplanes, defense, space, and security systems.
The company's commercial airplanes division is its largest revenue generator, accounting for over 70% of its total revenue.
Boeing's commercial airplanes include the popular 737, 747, 767, 777, and 787 models.
The company's defense, space, and security division provides products and services to government agencies and military forces around the world.
Boeing's annual revenue exceeds $100 billion, making it one of the largest publicly traded companies in the world.
Stock Performance
Stock performance can be a bit tricky to wrap your head around, but let's break it down. The stock price of Boeing has decreased by -12.98% in the last 52 weeks.
This decrease in stock price is a significant indicator of the company's performance. The beta, which measures price volatility, is 1.52, higher than the market average.
The 50-day moving average is $170.44, and the 200-day moving average is $168.91. These numbers give us an idea of the stock's recent and long-term trends.
Here's a summary of Boeing's stock performance in a table:
Wall Street analysts have set a price target of $190.58 USD for Boeing's stock in the next year, with a low forecast of $85.85 USD and a high forecast of $262.50 USD.
Stock Price Statistics
Boeing's stock price has taken a hit in the last 52 weeks, decreasing by -12.98%. This significant drop is a red flag for investors.
The company's price volatility has been higher than the market average, with a beta of 1.52. This means that Boeing's stock price has been more sensitive to market fluctuations.
The 50-Day Moving Average is currently at $170.44, while the 200-Day Moving Average is at $168.91. This indicates a slight upward trend in the stock price over the past few months.
The Relative Strength Index (RSI) is at 59.53, which is a neutral reading. This suggests that the stock price is not currently overbought or oversold.
Here's a summary of Boeing's stock price statistics:
Key Takeaways
Boeing's market cap is an impressive $104.05 billion in 2024, despite facing problems with its aircraft since 2018.
The company's top institutional shareholders are Vanguard, BlackRock, and Newport Trust Co., holding a significant stake in the company.
Boeing's shares have seen a significant increase in the past year, with a 6.83% rise in shares outstanding.
The company's shares have also seen a substantial quarterly growth, with a 16.15% increase in shares outstanding.
Here are the top institutional shareholders of Boeing, along with their percentage of ownership:
Boeing's shares are widely held, with a float of 716.78 million shares, indicating a relatively liquid market.
Frequently Asked Questions
Who owns the most shares of Boeing?
The largest shareholders of Boeing include Vanguard Group Inc, BlackRock, Inc., and State Street Corp, among others. These institutional investors hold significant stakes in the company, but the exact ownership percentages are not publicly disclosed.
Sources
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