WNY Asset Management LLC Invests $562,000 in The Boeing Company $BA

WNY Asset Management LLC bought a new position in The Boeing Company (NYSE:BA) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,822 shares of the aircraft producer’s stock, valued at approximately $562,000.

A number of other institutional investors have also made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in Boeing during the third quarter worth about $25,000. Strive Financial Group LLC bought a new position in Boeing in the 4th quarter worth approximately $25,000. Ares Financial Consulting LLC acquired a new stake in Boeing in the 4th quarter valued at approximately $26,000. CrossGen Wealth LLC bought a new stake in Boeing during the 4th quarter valued at $26,000. Finally, Strategic Wealth Advisors LLC acquired a new position in Boeing during the 4th quarter worth $27,000. 64.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BA has been the topic of a number of research analyst reports. Btg Pactual set a $260.00 price target on Boeing in a report on Tuesday, July 14th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Boeing in a research report on Tuesday, July 21st. JPMorgan Chase & Co. raised their target price on shares of Boeing from $270.00 to $290.00 and gave the company an “overweight” rating in a research note on Wednesday. Tigress Financial upped their price target on shares of Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $275.00 price objective on shares of Boeing in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Boeing has an average rating of “Moderate Buy” and a consensus price target of $264.11.

Insider Buying and Selling at Boeing

In other Boeing news, Director Bradley D. Tilden acquired 1,370 shares of Boeing stock in a transaction dated Wednesday, May 20th. The stock was bought at an average price of $218.50 per share, for a total transaction of $299,345.00. Following the transaction, the director owned 1,370 shares in the company, valued at approximately $299,345. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.10% of the company’s stock.

Boeing Trading Down 1.9%

Shares of Boeing stock opened at $216.64 on Friday. The business has a fifty day simple moving average of $219.14 and a 200-day simple moving average of $223.92. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35. The firm has a market cap of $171.23 billion, a price-to-earnings ratio of 93.78 and a beta of 1.21. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 6.77.

Boeing (NYSE:BA) last released its 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). Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The firm had revenue of $24.56 billion for the quarter, compared to analyst estimates of $24.26 billion. During the same period in the previous year, the firm earned ($1.24) earnings per share. Boeing’s revenue was up 8.0% on a year-over-year basis. On average, equities analysts forecast that The Boeing Company will post -0.81 EPS for the current fiscal year.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing’s commercial-airplane recovery remains the key catalyst. Reports indicate accelerating deliveries, with the company targeting as many as 600 commercial aircraft in 2026 and forecasting $1 billion to $3 billion in cash flow. Stronger deliveries could improve liquidity and help convert backlog into earnings and free cash flow. Boeing’s Delivery Pace Is Finally Accelerating Boeing’s recovery momentum surges with $24.6B revenue in Q2
• Positive Sentiment: Boeing has offered a new contract to roughly 17,000 commercial-airplane engineers and technical workers, and union negotiators have endorsed the proposal. A successful agreement could reduce the risk of another labor disruption affecting production and deliveries. Boeing sends contract offer to engineers union
• Positive Sentiment: JPMorgan raised its Boeing price target to $290, signaling greater confidence in the recovery outlook, although target changes are analyst opinions rather than guarantees. JPMorgan boosts Boeing price target
• Neutral Sentiment: Coverage portrays Boeing as rebuilding customer and investor trust after years of safety and execution problems. The longer-term opportunity is significant, but the company still must demonstrate sustained profitability and operational consistency. The return of Boeing, and the long road to restore their reputation
• Neutral Sentiment: RBC lowered its Boeing price target to $265, contrasting with JPMorgan’s increase and highlighting disagreement among analysts about the pace and reliability of the turnaround. RBC lowers Boeing price target
• Negative Sentiment: A Government Accountability Office report found that Boeing’s $21 billion B-52 modernization program is already experiencing cost increases and schedule delays. Further overruns could pressure margins and raise concerns about execution in Boeing’s defense business. Boeing’s $21 billion B-52 upgrade faces cost overruns
• Negative Sentiment: WestJet has begun parking Boeing 737 aircraft while negotiations with flight attendants remain unresolved. A strike or other labor disruption could temporarily reduce aircraft utilization and delay deliveries or related revenue, adding to Boeing’s broader labor and production risks. WestJet starts parking Boeing 737 jets

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.