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Legal & General Group Plc Increases Stake in Boeing
The investment firm has boosted its ownership in the aircraft manufacturer by 7.1% in the third quarter.
Published on Mar. 10, 2026
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Legal & General Group Plc, a major institutional investor, has increased its stake in The Boeing Company by 7.1% in the third quarter of the year, according to a recent SEC filing. The firm now owns 3,369,615 shares of the aircraft producer's stock, representing 0.44% ownership.
Why it matters
Boeing's stock performance and ownership structure are closely watched by investors and analysts as the company navigates challenges in the commercial aviation industry. This move by Legal & General Group Plc signals continued confidence in Boeing's long-term prospects despite recent headwinds.
The details
According to the filing, Legal & General Group Plc added 223,995 additional Boeing shares to its portfolio during the third quarter. The firm now owns a total of 3,369,615 shares, worth approximately $727,264,000 based on Boeing's current stock price.
- The increase in ownership stake occurred in the third quarter of 2026.
The players
Legal & General Group Plc
A major global investment management firm based in the United Kingdom.
The Boeing Company
An American multinational corporation that designs, manufactures, and services commercial airplanes, defense systems, and space and security technologies.
The takeaway
The increased stake by Legal & General Group Plc in Boeing suggests continued institutional confidence in the aircraft manufacturer's long-term growth potential, despite recent industry challenges. This move highlights the ongoing importance of Boeing as a key player in the global aerospace and defense sector.
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