Baird Doubles Down on Boeing with Latest Share Purchase
Baird Financial Group Inc. has increased its stake in The Boeing Company (NYSE:BA) by purchasing an additional 14,006 shares in the second quarter.
This acquisition brings Baird's total holdings in Boeing to 379,443 shares, valued at $82,138,000 as of the most recent quarter.
The institutional investor's confidence in Boeing is reflected in its quarterly revenue growth of 8.0%, reaching $24.56 billion for the period ending July 28th.