Lifeworks Advisors LLC Purchases 2,849 Shares of The Boeing Company $BA

Lifeworks Advisors LLC lifted its holdings in The Boeing Company (NYSE:BA) by 139.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,885 shares of the aircraft producer’s stock after acquiring an additional 2,849 shares during the quarter. Lifeworks Advisors LLC’s holdings in Boeing were worth $972,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Princeton Capital Management LLC lifted its holdings in Boeing by 78.3% during the 4th quarter. Princeton Capital Management LLC now owns 12,249 shares of the aircraft producer’s stock worth $2,660,000 after buying an additional 5,381 shares in the last quarter. Rakuten Investment Management Inc. lifted its stake in shares of Boeing by 502.3% during the fourth quarter. Rakuten Investment Management Inc. now owns 103,099 shares of the aircraft producer’s stock valued at $22,398,000 after acquiring an additional 85,982 shares during the period. Louisiana State Employees Retirement System bought a new position in Boeing in the first quarter valued at about $7,961,000. Vaughan Nelson Investment Management L.P. acquired a new stake in Boeing in the fourth quarter worth about $55,787,000. Finally, Patriot Financial Group Insurance Agency LLC raised its holdings in Boeing by 103.8% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 11,240 shares of the aircraft producer’s stock worth $2,237,000 after purchasing an additional 5,726 shares during the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

Boeing Stock Performance

Shares of BA stock opened at $215.74 on Tuesday. The company has a debt-to-equity ratio of 7.42, a quick ratio of 0.35 and a current ratio of 1.18. The Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35. The company’s 50 day moving average price is $223.01 and its two-hundred day moving average price is $224.83. The company has a market capitalization of $170.07 billion, a P/E ratio of 104.73 and a beta of 1.21.

Boeing (NYSE:BA) last released its quarterly earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.68) by $0.48. The company had revenue of $22.22 billion during the quarter, compared to analyst estimates of $22.15 billion. During the same quarter last year, the company earned ($0.49) EPS. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. On average, analysts expect that The Boeing Company will post -0.1 earnings per share for the current fiscal year.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Saudi carrier Riyadh Air is reportedly considering a large follow-on order for 25-30 more Boeing 787 Dreamliners, which would reinforce demand for Boeing’s widebody jets ahead of the Farnborough Airshow. Riyadh Air studies order for 25-30 more Boeing 787s, sources say
• Positive Sentiment: Boeing is highlighting its commercial, defense, and services portfolio at Farnborough, including the 777X, MQ-28 Ghost Bat, Chinook, and T-7 programs, which could help build customer confidence and support future sales. Boeing to Showcase Global Programs and Partnerships at Farnborough International Airshow
• Positive Sentiment: Analysts also pointed to Trump’s expanded defense spending push as a potential long-term benefit for Boeing’s defense business. Trump’s Trillion‑Dollar Defense Push Could Be a Boon for Lockheed, RTX, Boeing and Northrop
• Neutral Sentiment: Boeing’s Farnborough presentation is being framed as an opportunity to “continue building trust,” suggesting the company is still in reputation-repair mode as it works to reassure customers and investors. ‘An Opportunity to Continue Building Trust,’ Boeing Stock (NYSE:BA) Slides as it Prepares for Farnborough Show
• Negative Sentiment: Two British Airways Boeing 777 flights bound for the U.S. reportedly turned back within two days because of technical issues, adding to concerns about reliability across Boeing’s aging fleet. Aging Fleet: 2 US-Bound British Airways Boeing 777s Turn Back With Tech Issues In 2 Days
• Negative Sentiment: Broader market headlines about renewed U.S.-Iran conflict fears and potential disruption in the Strait of Hormuz may also be weighing on risk sentiment for industrial and defense names. S&P 500, Nasdaq, Dow End Lower As US-Iran War Fear Remerges

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Morgan Stanley raised their target price on shares of Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Tigress Financial lifted their target price on shares of Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Weiss Ratings cut shares of Boeing from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Citigroup lifted their price objective on Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Finally, Wells Fargo & Company started coverage on Boeing in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $250.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $261.61.

Insider Buying and Selling at Boeing

In other news, Director Bradley D. Tilden acquired 1,370 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average cost of $218.50 per share, for a total transaction of $299,345.00. Following the completion of the acquisition, the director owned 1,370 shares in the company, valued at $299,345. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.10% of the stock is owned by corporate insiders.

Boeing Company Profile

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.