Spirit AeroSystems
About: Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005, and the firm is the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's beleaguered 737 program, which accounts for nearly half the company's revenue.
Employees: 20,655
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 8 [Q3] → 12 (+4) [Q4]
8% more capital invested
Capital invested by funds: $3.46B [Q3] → $3.75B (+$294M) [Q4]
2.66% more ownership
Funds ownership: 91.22% [Q3] → 93.88% (+2.66%) [Q4]
8% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 80
4% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 50
3% less funds holding
Funds holding: 275 [Q3] → 266 (-9) [Q4]
61% less call options, than puts
Call options by funds: $79.5M | Put options by funds: $203M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
RBC Capital Ken Herbert 51% 1-year accuracy 35 / 68 met price target | 10%upside $37 | Sector Perform Reiterated | 11 Feb 2025 |
Financial journalist opinion
Based on 5 articles about SPR published over the past 30 days
