Edmond DE Rothschild Holding S.A. Takes $6.34 Million Position in The Boeing Company $BA

Edmond DE Rothschild Holding S.A. purchased a new stake in The Boeing Company (NYSE:BA) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 29,275 shares of the aircraft producer’s stock, valued at approximately $6,337,000.

A number of other institutional investors have also recently added to or reduced their stakes in BA. Measured Wealth Private Client Group LLC purchased a new stake in Boeing in the 3rd quarter valued at $25,000. Strive Financial Group LLC purchased a new position in shares of Boeing during the 4th quarter worth $25,000. Ares Financial Consulting LLC purchased a new position in shares of Boeing during the 4th quarter worth $26,000. CrossGen Wealth LLC acquired a new position in shares of Boeing during the 4th quarter valued at about $26,000. Finally, Strategic Wealth Advisors LLC acquired a new position in shares of Boeing during the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing is pursuing an internal turnaround under CEO Kelly Ortberg, emphasizing engineering discipline, production quality and long-term aircraft development rather than short-term Wall Street targets. The strategy could improve execution and restore customer and investor confidence, although results will take time. How Kelly Ortberg is rebuilding Boeing from the inside out
• Positive Sentiment: Wright-Patterson Air Force Base awarded Boeing a $75 million contract for Air Force One spare parts, providing incremental support for the company’s defense and government-services business. Boeing $75 million Air Force One parts contract
• Positive Sentiment: Boeing and Lockheed Martin’s United Launch Alliance reportedly completed a $1.5 billion private bond offering—three times the initial target—suggesting strong investor demand for ULA financing and continued interest in its space business. Boeing Q2 earnings context

Boeing Price Performance

Boeing stock opened at $221.79 on Thursday. The company has a quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77. The Boeing Company has a 52-week low of $176.77 and a 52-week high of $254.35. The firm has a market cap of $175.30 billion, a PE ratio of 96.01 and a beta of 1.21. The company’s 50 day moving average is $222.33 and its two-hundred day moving average is $222.44.

Boeing (NYSE:BA) last posted its quarterly earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.42). Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The business had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. During the same quarter last year, the firm earned ($1.24) EPS. The business’s revenue was up 8.0% on a year-over-year basis. On average, research analysts expect that The Boeing Company will post -0.87 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BA. Argus upgraded shares of Boeing from a “hold” rating to a “buy” rating and set a $265.00 price objective for the company in a research report on Tuesday, August 11th. Btg Pactual set a $260.00 price target on shares of Boeing in a research note on Tuesday, July 14th. UBS Group initiated coverage on shares of Boeing in a report on Tuesday, August 11th. They set a “buy” rating for the company. Morgan Stanley lifted their price target on shares of Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Boeing in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $272.58.

About Boeing

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.