5 Best Manufacturing Stocks to Invest In

4. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders: 50

The Boeing Company (NYSE:BA) designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.

In October, RBC Capital initiated coverage of The Boeing Company (NYSE:BA) and assigned it an Outperform rating with a $275 price target.

Out of the elite 867 hedge funds tracked by Insider Monkey, 50 hedge funds held stakes in The Boeing Company (NYSE:BA) by the end of the third quarter of 2021. The total value of these stakes was $1.43 billion.

According to Insider Monkey’s data, Renaissance Technologies is the key shareholder in The Boeing Company (NYSE:BA) as of September 30th.