Czech National Bank Raises Holdings in The Boeing Company $BA

Czech National Bank grew its stake in shares of The Boeing Company (NYSE:BA) by 4.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 224,381 shares of the aircraft producer’s stock after purchasing an additional 10,495 shares during the quarter. Czech National Bank’s holdings in Boeing were worth $48,572,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of BA. Measured Wealth Private Client Group LLC acquired a new position in Boeing during the 3rd quarter valued at approximately $25,000. Strive Financial Group LLC purchased a new position in shares of Boeing in the fourth quarter worth $25,000. Ares Financial Consulting LLC acquired a new stake in shares of Boeing during the fourth quarter worth $26,000. CrossGen Wealth LLC purchased a new stake in shares of Boeing during the fourth quarter valued at $26,000. Finally, Strategic Wealth Advisors LLC purchased a new stake in shares of Boeing during the fourth quarter valued at $27,000. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Boeing Price Performance

NYSE:BA opened at $232.23 on Friday. The company has a debt-to-equity ratio of 6.77, a current ratio of 1.14 and a quick ratio of 0.33. The firm has a market cap of $183.55 billion, a price-to-earnings ratio of 100.53 and a beta of 1.21. The company has a 50 day moving average price of $220.16 and a 200-day moving average price of $223.53. The Boeing Company has a 1-year low of $176.77 and a 1-year high of $254.35.

Boeing (NYSE:BA) last announced its quarterly earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). The firm had revenue of $24.56 billion for the quarter, compared to analysts’ expectations of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The business’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period last year, the company posted ($1.24) earnings per share. Equities research analysts forecast that The Boeing Company will post -0.88 EPS for the current year.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The Federal Aviation Administration approved the 737 MAX 7 for commercial service on August 3, removing a major certification bottleneck that had delayed the aircraft for years. The approval supports Boeing’s future delivery pipeline and could improve operating momentum as the company prepares for the aircraft’s rollout. Boeing Shows Operational Acceleration Ahead of Max 7 Rollout
• Positive Sentiment: Tigress Financial raised its Boeing price target from $295 to $305 and maintained a “buy” rating, reflecting optimism about the company’s recovery, deliveries, and cash-flow improvement. Boeing Price Target Increase
• Positive Sentiment: Boeing and Northrop Grumman tested an AI-enabled communications link between the MQ-4C Triton drone and P-8 Poseidon, highlighting potential support for Boeing’s defense and autonomous-systems business. Northrop and Boeing Test AI-Enabled Link
• Neutral Sentiment: Boeing-Lockheed Martin joint venture United Launch Alliance reportedly plans a roughly $500 million private bond sale to refinance debt. The financing could support ULA’s operations, but it also underscores leverage and does not directly change Boeing’s near-term results. ULA Plans Private Bond Sale
• Negative Sentiment: Progress toward a new agreement with the Society of Professional Engineering Employees in Aerospace has not provided a meaningful boost to BA, suggesting investors remain focused on execution, labor costs, and Boeing’s ability to convert certification progress into profitable deliveries. SPEEA Agreement and Boeing Stock

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on BA shares. Btg Pactual set a $260.00 target price on Boeing in a research note on Tuesday, July 14th. Sanford C. Bernstein restated an “outperform” rating on shares of Boeing in a research note on Tuesday. JPMorgan Chase & Co. lifted their target price on Boeing from $270.00 to $290.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Tigress Financial upped their target price on Boeing from $295.00 to $305.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $275.00 price objective on shares of Boeing in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $273.00.

Insider Buying and Selling at Boeing

In other news, Director Bradley D. Tilden bought 1,370 shares of the stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average cost of $218.50 per share, with a total value of $299,345.00. Following the purchase, the director directly owned 1,370 shares in the company, valued at $299,345. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.10% of the company’s stock.

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.