Boeing Attracts Big Investor Interest After Earnings Boost
K.J. Harrison & Partners Inc has made a significant investment in The Boeing Company (NYSE:BA), acquiring approximately $2,458,000 worth of shares in the second quarter. This is part of a larger trend where several other hedge funds and institutional investors have also added to their stakes in Boeing.
The fund acquired 11,355 shares of Boeing's stock, marking its first position in the company. Other notable investors who increased their holdings include Revolve Wealth Partners LLC, Sivia Capital Partners LLC, AXA S.A., Ieq Capital LLC, and Alliancebernstein L.P.
These investments come after Boeing's recent earnings report showed a significant increase in revenue, with the company reporting $24.56 billion in quarterly sales. The stock has also been upgraded by several analysts, including Cantor Fitzgerald and JPMorgan Chase & Co., who have increased their price targets on the company.