Proficio Capital Partners LLC Takes Position in The Boeing Company $BA

Proficio Capital Partners LLC acquired a new stake in The Boeing Company (NYSE:BA) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,121 shares of the aircraft producer’s stock, valued at approximately $676,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC bought a new stake in shares of Boeing in the 3rd quarter valued at about $25,000. Strive Financial Group LLC purchased a new stake in Boeing during the fourth quarter worth $25,000. Ares Financial Consulting LLC bought a new stake in Boeing during the 4th quarter valued at $26,000. CrossGen Wealth LLC bought a new stake in Boeing during the 4th quarter valued at $26,000. Finally, Strategic Wealth Advisors LLC purchased a new position in shares of Boeing in the 4th quarter valued at $27,000. 64.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on BA. Robert W. Baird set a $300.00 price objective on Boeing in a research note on Wednesday, July 29th. Btg Pactual set a $260.00 target price on Boeing in a research note on Tuesday, July 14th. Wolfe Research downgraded shares of Boeing from an “outperform” rating to a “hold” rating in a report on Tuesday, August 11th. The Goldman Sachs Group lowered shares of Boeing from a “buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Finally, Tigress Financial raised their price target on shares of Boeing from $295.00 to $305.00 and gave the company a “buy” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Boeing presently has a consensus rating of “Moderate Buy” and an average price target of $272.58.

Boeing Price Performance

Shares of NYSE BA opened at $212.48 on Thursday. The Boeing Company has a fifty-two week low of $176.77 and a fifty-two week high of $254.35. The company has a market cap of $167.94 billion, a PE ratio of 91.98 and a beta of 1.21. 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 $221.15 and a two-hundred day simple moving average of $221.68.

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

Key Headlines Impacting Boeing

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 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.