31,400 Shares of The Boeing Company $BA Purchased by Vise Technologies Inc.

Vise Technologies Inc. acquired a new stake in shares of The Boeing Company (NYSE:BA) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 31,400 shares of the aircraft producer’s stock, valued at approximately $5,842,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BA. Grandfield & Dodd LLC grew its holdings in Boeing by 30.9% in the third quarter. Grandfield & Dodd LLC now owns 93,327 shares of the aircraft producer’s stock worth $17,364,000 after purchasing an additional 22,015 shares during the last quarter. Investment Partners LTD. raised its stake in shares of Boeing by 38.6% in the third quarter. Investment Partners LTD. now owns 2,300 shares of the aircraft producer’s stock worth $428,000 after purchasing an additional 641 shares during the last quarter. Summit Global Investments raised its position in Boeing by 65.7% during the 3rd quarter. Summit Global Investments now owns 5,052 shares of the aircraft producer’s stock worth $940,000 after buying an additional 2,004 shares during the last quarter. Kassira Wealth Management LLC lifted its position in Boeing by 37.0% during the third quarter. Kassira Wealth Management LLC now owns 13,141 shares of the aircraft producer’s stock valued at $2,445,000 after purchasing an additional 3,549 shares during the period. Finally, MGO One Seven LLC lifted its holdings in shares of Boeing by 0.6% in the 3rd quarter. MGO One Seven LLC now owns 12,248 shares of the aircraft producer’s stock valued at $2,279,000 after buying an additional 71 shares during the period. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: New 767 freighter agreement: Boeing and Icelease agreed to convert one 767-300 passenger aircraft into a Boeing Converted Freighter, with options for up to two additional conversions. The first aircraft is scheduled for induction in the first quarter of 2027 and delivery in the second quarter, providing incremental demand for Boeing’s freighter-conversion business. Boeing and Icelease Sign Agreement for up to Three 767-300 Boeing Converted Freighters
• Positive Sentiment: Defense-sector optimism: Commentary argued that improving cooperation between government agencies and defense contractors could reduce the risks associated with fixed-price development contracts and support share-price appreciation for companies including Boeing. This is a broad, forward-looking thesis rather than a new Boeing contract or financial update. Prediction: Defense Stocks Like Lockheed Martin, RTX, and Boeing Are Set to Soar

Boeing Price Performance

BA opened at $175.34 on Tuesday. The business has a fifty day moving average price of $195.34 and a 200 day moving average price of $216.87. The company has a debt-to-equity ratio of 6.31, a current ratio of 1.13 and a quick ratio of 0.33. The Boeing Company has a 12 month low of $165.01 and a 12 month high of $254.35.

Boeing (NYSE:BA) last issued its earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.09). Boeing had a net margin of 7.98% and a negative return on equity of 42.40%. The firm had revenue of $24.19 billion during the quarter, compared to analyst estimates of $23.95 billion. During the same period last year, the business earned ($7.47) EPS. The firm’s revenue was up 3.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that The Boeing Company will post -1.72 earnings per share for the current fiscal year.

Analyst Ratings Changes

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 target price for the company in a research note on Tuesday, August 11th. Robert W. Baird lowered their target price on shares of Boeing from $300.00 to $230.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 28th. Zacks Research lowered Boeing from a “hold” rating to a “strong sell” rating in a research report on Friday, October 16th. Roth Capital lowered shares of Boeing to a “neutral” rating in a report on Wednesday, October 28th. Finally, Needham & Company LLC initiated coverage on Boeing in a research report on Wednesday, October 28th. They issued a “hold” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $247.88.

Boeing Company Profile

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.

Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.

Founded in 1916 by William Boeing, the company has grown into one of the world’s major aerospace manufacturers.