Bearish
Bank of Nova Scotia reduces Boeing stake by 43.4% in Q1 2026.
Bank of Nova Scotia decreased its holdings in Boeing by 43.4% during the first quarter of 2026, selling 111,877 shares and leaving 145,893 shares valued at approximately $29 million. Despite this reduction, Boeing continues to attract significant institutional interest, with firms like Vanguard and Alyeska increasing their holdings. Analysts maintain a Moderate Buy consensus on Boeing, with an average price target of $261.53.
Key points
- Bank of Nova Scotia cuts Boeing stake by 43.4% in Q1 2026.
- Vanguard and Alyeska increase Boeing holdings, indicating continued institutional interest.
- Analysts maintain a Moderate Buy consensus on Boeing with an average price target of $261.53.
Sources
AI-generated from public news sources. Not financial advice.
