Capstone Capital Management Ltd cut its holdings in shares of The Boeing Company (NYSE:BA – Free Report) by 70.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,337 shares of the aircraft producer’s stock after selling 8,112 shares during the period. Capstone Capital Management Ltd’s holdings in Boeing were worth $621,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Physician Wealth Advisors Inc. boosted its stake in shares of Boeing by 4.6% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 1,353 shares of the aircraft producer’s stock valued at $252,000 after purchasing an additional 60 shares in the last quarter. Pinnacle Associates Ltd. increased its position in shares of Boeing by 2.2% during the third quarter. Pinnacle Associates Ltd. now owns 57,623 shares of the aircraft producer’s stock valued at $10,721,000 after buying an additional 1,225 shares during the period. Ironwood Financial llc raised its stake in Boeing by 6.7% in the third quarter. Ironwood Financial llc now owns 3,147 shares of the aircraft producer’s stock worth $585,000 after buying an additional 197 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in Boeing by 0.4% in the third quarter. Nisa Investment Advisors LLC now owns 184,652 shares of the aircraft producer’s stock worth $34,355,000 after buying an additional 737 shares in the last quarter. Finally, 55 North Private Wealth LLC lifted its holdings in Boeing by 9.3% in the third quarter. 55 North Private Wealth LLC now owns 1,389 shares of the aircraft producer’s stock worth $258,000 after buying an additional 118 shares during the period. Institutional investors own 64.82% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on BA. Jefferies Financial Group lowered their target price on Boeing from $295.00 to $265.00 and set a “buy” rating for the company in a research note on Monday, September 21st. The Goldman Sachs Group cut Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, August 11th. TD Cowen decreased their price objective on Boeing from $250.00 to $240.00 and set a “buy” rating for the company in a report on Friday, October 9th. Cantor Fitzgerald downgraded Boeing to a “neutral” rating in a report on Tuesday, August 11th. Finally, Btg Pactual set a $260.00 price objective on Boeing in a research report on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $266.96.
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Key Stories Impacting Boeing
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: 737 MAX 10 certification clears the way for deliveries. The largest MAX variant can now enter passenger service, with deliveries expected to begin in 2027. Boeing could begin converting a backlog of nearly 1,500 aircraft into customer payments, while recovering some of the roughly $13 billion in deferred 737 production costs. FAA certifies Boeing’s 737 MAX 10, clearing way for deliveries
- Positive Sentiment: Production and cash-flow recovery are becoming more visible. Boeing’s ability to ramp narrowbody production toward approximately 52 jets per month in 2027 could improve delivery volumes and help advance its longer-term free-cash-flow objectives. An avoided labor strike also reduces near-term execution risk. Cleared For Takeoff: Boeing’s 737 MAX 10 Approval Sets Up a Major Cash Flow Recovery
- Positive Sentiment: Dataliner expands Boeing’s software and services opportunity. The Microsoft-backed, AI-powered platform is designed to help airlines use fleet data for predictive maintenance and operational decisions while retaining control of their information. If adopted broadly, recurring, higher-margin software revenue could help offset pressure in Boeing Global Services. Boeing Introduces Dataliner
- Neutral Sentiment: The positive news was largely expected. Analysts and investors had anticipated MAX 10 certification after repeated reports that approval was imminent, so the announcement has not produced a strong immediate reaction. Future delivery execution will matter more than the certification itself. Boeing Finally Gets FAA Approval for Its 737 MAX 10 Jet
- Negative Sentiment: Near-term earnings and cash-flow risks remain. Boeing’s upcoming third-quarter results may reflect an approximately $700 million Department of Justice settlement, defense cost overruns and continued cash burn. Analysts have trimmed price targets, while expectations remain for negative full-year earnings. Will Boeing Report Negative Earnings Next Week?
Boeing Stock Down 0.6%
BA stock opened at $190.19 on Wednesday. The Boeing Company has a twelve month low of $176.77 and a twelve month high of $254.35. The company has a quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77. The firm has a market cap of $150.32 billion, a PE ratio of 82.34 and a beta of 1.26. The business has a 50 day moving average of $203.24 and a 200 day moving average of $215.59.
Boeing (NYSE:BA – Get Free Report) last released its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS for the quarter, missing the consensus estimate 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 the consensus estimate of $24.26 billion. During the same period last year, the firm posted ($1.24) earnings per share. The company’s revenue was up 8.0% compared to the same quarter last year. On average, research analysts forecast that The Boeing Company will post -1.07 EPS for the current fiscal year.
Boeing 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.
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