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Great Lakes Advisors Buys Boeing Stake Worth Over $113 Million

Guavy AI Editorial Team
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BA
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Great Lakes Advisors LLC made a significant investment in Boeing (NYSE:BA) during the second quarter, according to its latest Form 13F filing. The institutional investor acquired 523,914 shares of Boeing's stock, valued at approximately $113,412,000.

This new stake brings Great Lakes Advisors LLC's ownership percentage in Boeing to 0.07%. The company has a market capitalization of $176.18 billion and a PE ratio of 96.50.

Boeing's principal lines of business include Commercial Airplanes, Defense, Space & Security, and Boeing Global Services. The company reported $24.56 billion in revenue during the second quarter, up 8% year over year, but missed analysts' consensus EPS estimate.

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