United Capital Financial Advisors LLC purchased a new stake in shares of The Boeing Company (NYSE:BA – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 50,907 shares of the aircraft producer’s stock, valued at approximately $11,020,000.
Several other institutional investors and hedge funds have also recently made changes to their positions in BA. Measured Wealth Private Client Group LLC bought a new position in Boeing during the 3rd quarter worth about $25,000. Strive Financial Group LLC bought a new stake in shares of Boeing in the 4th quarter valued at about $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Boeing in the 4th quarter worth approximately $26,000. CrossGen Wealth LLC purchased a new stake in shares of Boeing in the 4th quarter worth approximately $26,000. Finally, Strategic Wealth Advisors LLC bought a new position in shares of Boeing during the fourth quarter valued at approximately $27,000. 64.82% of the stock is currently owned by institutional investors.
Key Headlines Impacting Boeing
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Boeing secured a sole-source F-15 sustainment contract with a potential ceiling of approximately $131.23 billion through 2037. The award strengthens Boeing’s long-term defense backlog, although the ceiling represents a maximum potential value rather than guaranteed revenue. Boeing’s $131B F-15 Win
- Positive Sentiment: Boeing and RTX won a combined $766 million in B-52 modernization contracts, providing additional evidence of continued U.S. defense demand for Boeing’s products and services. Boeing, RTX Win B-52 Contracts
- Positive Sentiment: Recent commentary portrays Boeing’s turnaround as progressing, with profitability and strong revenue growth expected as the company stabilizes production. Bernstein also initiated or reiterated a Buy rating, while valuation analysis suggested the shares could be undervalued after their recent decline. Boeing vs. Joby Aviation
- Neutral Sentiment: Reports said President Trump purchased as much as $500,000 of Boeing stock on the same day the Navy awarded Boeing a contract worth up to $880 million. The purchase may attract attention, but it does not change Boeing’s underlying financial outlook. Trump Bought Boeing Stock
- Negative Sentiment: Boeing has posted contractor openings for engineering and technical roles during a labor dispute with the SPEEA white-collar union. The move raises concerns about a potential strike, workforce disruption and additional execution risk. Boeing Posts Contract Jobs
- Negative Sentiment: A Boeing quality manager publicly expressed serious concerns about the 787 and 737 MAX, reinforcing ongoing worries about manufacturing quality, regulatory scrutiny and production reliability. Boeing Quality Concerns
- Negative Sentiment: Investors remain cautious because Boeing continues to carry substantial debt and faces commercial-aircraft headwinds. Commentary also questioned whether the $131 billion F-15 figure could translate into meaningful near-term cash flow, while the company’s decision to repurchase a business it previously sold highlighted concerns about capital allocation. Boeing F-15 Contract Ceiling
Boeing Price Performance
Boeing (NYSE:BA – Get Free Report) last issued its quarterly 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 business 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 company posted ($1.24) earnings per share. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. As a group, analysts predict that The Boeing Company will post -0.87 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
BA has been the topic of several research reports. Barclays lowered shares of Boeing from an “equal weight” rating to an “underweight” rating in a report on Tuesday, August 11th. Robert W. Baird set a $300.00 target price on Boeing in a research report on Wednesday, July 29th. UBS Group started coverage on Boeing in a research report on Tuesday, August 11th. They issued a “buy” rating for the company. BNP Paribas Exane upgraded Boeing from an “underperform” rating to an “outperform” rating and upped their price objective for the stock from $230.00 to $300.00 in a research note on Monday, August 3rd. Finally, Argus raised Boeing from a “hold” rating to a “buy” rating and set a $265.00 price objective on the stock in a research report on Tuesday, August 11th. One 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Boeing has a consensus rating of “Moderate Buy” and a consensus target price of $272.58.
View Our Latest Stock Report on Boeing
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.
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