Corient Private Wealth LP Takes $106.75 Million Position in The Boeing Company $BA

Corient Private Wealth LP bought a new stake in The Boeing Company (NYSE:BA) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 493,154 shares of the aircraft producer’s stock, valued at approximately $106,751,000. Corient Private Wealth LP owned 0.06% of Boeing at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Jupiter Topco LLC acquired a new stake in Boeing in the 2nd quarter valued at about $911,878,000. Bank of New York Mellon Corp purchased a new position in shares of Boeing in the 2nd quarter valued at about $747,763,000. Legal & General Group Plc acquired a new position in shares of Boeing during the second quarter worth about $710,816,000. Deutsche Bank AG acquired a new position in shares of Boeing during the second quarter worth about $539,456,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Boeing during the second quarter worth approximately $441,997,000. 64.82% of the stock is owned by institutional investors and hedge funds.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Bernstein initiated or reiterated a Buy view on Boeing, providing support for the stock despite recent operational concerns. Boeing Gets a Buy from Bernstein
• Positive Sentiment: Boeing and RTX won approximately $766 million in U.S. Air Force contracts tied to B-52 modernization. The award reinforces Boeing’s defense exposure and provides incremental backlog and revenue visibility. Boeing and RTX Win B-52 Modernization Contracts
• Positive Sentiment: The market continues to focus on Boeing’s potential $131.23 billion F-15 Eagle contract ceiling, which could support defense revenue through 2037 and include modernization, sustainment, and foreign military sales. However, the indefinite-delivery/indefinite-quantity award is a maximum authorization—not guaranteed revenue—and only about $344,000 was initially funded. F-15 Eagle Contract Announcement
• Positive Sentiment: Some valuation analysis argues Boeing may be undervalued after a roughly 10% annual decline, citing long-term defense contracts and technology partnerships as potential cash-flow catalysts. Execution remains the key risk. Boeing Stock Could Be Undervalued

Boeing Price Performance

Shares of NYSE BA opened at $212.48 on Thursday. 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 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 capitalization of $167.94 billion, a PE ratio of 91.98 and a beta of 1.21. The stock’s 50-day simple moving average is $221.15 and its 200-day simple moving average is $221.68.

Boeing (NYSE:BA) last posted its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.42). The business had revenue of $24.56 billion for 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 revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($1.24) EPS. As a group, equities research analysts forecast that The Boeing Company will post -0.87 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BA. BNP Paribas Exane raised shares of Boeing from an “underperform” rating to an “outperform” rating and raised their target price for the company from $230.00 to $300.00 in a report on Monday, August 3rd. UBS Group assumed coverage on shares of Boeing in a report on Tuesday, August 11th. They set a “buy” rating for the company. Btg Pactual set a $260.00 price objective on shares of Boeing in a research report on Tuesday, July 14th. Sanford C. Bernstein began coverage on shares of Boeing in a report on Tuesday, August 11th. They issued an “outperform” rating on the stock. Finally, Tigress Financial lifted their price objective on shares of Boeing from $295.00 to $305.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $272.58.

Boeing Company 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.