4,457 The Boeing Company $BA Shares Purchased by GK Wealth Management LLC

GK Wealth Management LLC increased its stake in The Boeing Company (NYSE:BA) by 104.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,708 shares of the aircraft producer’s stock after purchasing an additional 4,457 shares during the quarter. Boeing comprises about 0.9% of GK Wealth Management LLC’s holdings, making the stock its 23rd largest position. GK Wealth Management LLC’s holdings in Boeing were worth $1,620,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BA. Jupiter Topco LLC purchased a new position in Boeing during the 2nd quarter valued at about $911,878,000. Janus Henderson Group PLC lifted its holdings in shares of Boeing by 43.1% in the fourth quarter. Janus Henderson Group PLC now owns 3,907,876 shares of the aircraft producer’s stock worth $840,204,000 after buying an additional 1,176,074 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Boeing in the second quarter worth about $747,763,000. Legal & General Group Plc bought a new position in shares of Boeing in the second quarter valued at approximately $710,816,000. Finally, Deutsche Bank AG bought a new position in shares of Boeing in the second quarter valued at approximately $539,456,000. 64.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on BA shares. Bank of America reaffirmed a “buy” rating and set a $270.00 target price on shares of Boeing in a report on Friday, September 18th. Jefferies Financial Group cut their price target on shares of Boeing from $295.00 to $265.00 and set a “buy” rating for the company in a report on Monday, September 21st. TD Cowen reduced their price target on shares of Boeing from $250.00 to $240.00 and set a “buy” rating for the company in a research report on Friday. Citigroup cut shares of Boeing from a “buy” rating to a “sell” rating in a report on Tuesday, August 11th. Finally, William Blair reiterated an “outperform” rating on shares of Boeing in a research report on Wednesday, September 30th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Boeing currently has a consensus rating of “Moderate Buy” and a consensus price target of $269.96.

Boeing Price Performance

BA traded up $2.72 on Friday, reaching $190.47. The company had a trading volume of 5,085,304 shares, compared to its average volume of 6,857,321. The Boeing Company has a 52-week low of $176.77 and a 52-week high of $254.35. The company has a market cap of $150.54 billion, a price-to-earnings ratio of 82.45 and a beta of 1.26. The company has a debt-to-equity ratio of 6.77, a quick ratio of 0.33 and a current ratio of 1.14. The business has a 50 day simple moving average of $209.70 and a 200 day simple moving average of $215.86.

Boeing (NYSE:BA) last released its quarterly earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). The company had revenue of $24.56 billion during 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%.Boeing’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($1.24) EPS. As a group, sell-side analysts anticipate that The Boeing Company will post -0.91 EPS for the current year.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Aircraft lessor Avolon placed a firm order for 140 Boeing 737 MAX jets as part of a broader 250-aircraft transaction split with Airbus. The order reinforces demand for Boeing’s highest-volume commercial program. Boeing Lands Order for 140 737 MAX Jets
• Positive Sentiment: Boeing reported a total backlog of approximately $715 billion at the end of the second quarter, including $597 billion in commercial airplanes. The backlog provides long-term revenue visibility if the company can improve delivery rates and production execution. Boeing’s Strategic Push to Balance Rising Demand with Operational Bottlenecks
• Positive Sentiment: Southwest Airlines is reportedly leaning toward Boeing’s 787 Dreamliner for a potential long-haul international expansion, which could create a meaningful future widebody order. Southwest Airlines Weighs Boeing 787
• Positive Sentiment: Boeing’s defense business could benefit from rising demand for infrared search-and-track systems, while its approximately $14.7 billion PAC-3 seeker contract with Lockheed Martin adds longer-term defense visibility. Rising IRST Demand and Boeing’s Defense Outlook
• Positive Sentiment: Barclays included Boeing among its aerospace and defense stock picks tied to a “modern-day industrial revolution,” supporting the bullish long-term investment case. Boeing and More Buys for the Modern-Day Industrial Revolution
• Neutral Sentiment: TD Cowen lowered its Boeing price target from $250 to $240 but maintained a Buy rating, indicating reduced near-term confidence while still seeing substantial upside potential. TD Cowen Cuts Aerospace Targets
• Negative Sentiment: Investors remain concerned about Boeing’s approaching debt repayments, high leverage, production delays and weak returns on invested capital. The company’s large backlog will not translate into cash flow quickly unless deliveries accelerate. Boeing Faces a Debt Wall

Boeing Profile

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, spacecraft and related systems. Its commercial portfolio includes the 737, 787 Dreamliner and 777 families, as well as the 777X program. Boeing sells aircraft to airlines, cargo operators and leasing companies around the world.

Through its defense and space operations, Boeing provides products and services for the U.S. government, allied governments and other institutional customers.