OneAscent Financial Services LLC Buys Shares of 4,585 The Boeing Company $BA

OneAscent Financial Services LLC bought a new stake in shares of The Boeing Company (NYSE:BA) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,585 shares of the aircraft producer’s stock, valued at approximately $993,000.

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

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The U.S. State Department approved a potential $4.5 billion sale of KC-46A aerial refueling tankers to Qatar. The deal would support Boeing’s defense backlog and international sales, although it remains subject to final agreements and congressional review. US approves potential $4.5B sale of Boeing KC-46A tankers to Qatar
• Positive Sentiment: Boeing is progressing repairs and interior work on the next Air Force One aircraft, and it recently received a contract worth roughly $75 million for Air Force One parts. These developments provide defense and government-services revenue, though schedule pressure remains. Boeing advances Air Force One repairs
• Neutral Sentiment: Boeing’s partnership with Archer Aviation involves transferring Boeing-owned businesses—including Wisk Aero, Insitu and SkyGrid—in exchange for a strategic equity stake in Archer. The transaction could monetize noncore assets and preserve exposure to future aviation technology, but its near-term financial effect on BA is unclear. Archer Aviation bets big on becoming more than an air taxi company
• Negative Sentiment: The largest near-term overhang is uncertainty surrounding a contract vote by approximately 17,000 SPEEA engineers and technical workers. Rejection could lead to strike authorization after contracts expire on October 6, potentially disrupting Boeing’s recovery, certification work and production ramp. Boeing slides as labor vote uncertainty appears to outweigh recent operational progress
• Negative Sentiment: Air Force One repair work faces potential schedule threats related to windows and interior installation, reinforcing investor concerns about Boeing’s ability to execute complex programs on time and control costs.
• Negative Sentiment: Boeing’s $1.5 billion private bond financing for United Launch Alliance highlights continued capital needs and leverage concerns. With elevated debt and historically weak profitability, additional borrowing may weigh on sentiment despite supporting liquidity. A $1.5 Billion Deal: Why Boeing and Lockheed Stocks Are in Focus

Wall Street Analyst Weigh In

BA has been the subject of several analyst reports. Citigroup downgraded Boeing from a “buy” rating to a “sell” rating in a report on Tuesday, August 11th. UBS Group started coverage on shares of Boeing in a research note on Tuesday, August 11th. They set a “buy” rating for the company. Morgan Stanley lifted their target price on shares of Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. JPMorgan Chase & Co. upped their target price on shares of Boeing from $270.00 to $290.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, William Blair reiterated an “outperform” rating on shares of Boeing in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Boeing presently has a consensus rating of “Moderate Buy” and an average price target of $272.58.

Boeing Trading Down 3.1%

Shares of NYSE:BA opened at $215.22 on Friday. The company has a market cap of $170.10 billion, a P/E ratio of 93.17 and a beta of 1.21. 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 Boeing Company has a 1 year low of $176.77 and a 1 year high of $254.35. The stock’s fifty day moving average price is $222.21 and its 200-day moving average price is $222.31.

Boeing (NYSE:BA) last released its quarterly earnings data 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 net margin of 2.41% and a negative return on equity of 346.82%. The business had revenue of $24.56 billion for the quarter, compared to analysts’ expectations of $24.26 billion. During the same period last year, the business earned ($1.24) earnings per share. The company’s quarterly revenue was up 8.0% on a year-over-year basis. Sell-side analysts expect that The Boeing Company will post -0.87 earnings per share for the current year.

Boeing 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.