ProShare Advisors LLC trimmed its position in The Boeing Company (NYSE:BA – Free Report) by 2.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 223,690 shares of the aircraft producer’s stock after selling 4,551 shares during the period. ProShare Advisors LLC’s holdings in Boeing were worth $41,618,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Highland Investment Advisors LLC acquired a new position in Boeing during the second quarter valued at approximately $26,000. Strategic Wealth Advisors LLC acquired a new stake in Boeing in the second quarter worth $27,000. Retirement Wealth Solutions LLC boosted its position in shares of Boeing by 3,575.0% during the third quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer’s stock worth $27,000 after purchasing an additional 143 shares in the last quarter. Bell Investment Advisors Inc bought a new position in shares of Boeing during the second quarter worth $29,000. Finally, Security National Bank of SO Dak bought a new position in shares of Boeing during the second quarter worth $30,000. Institutional investors own 64.82% of the company’s stock.
More Boeing News
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Boeing is positioned to receive a sole-source contract worth up to $945.9 million from the U.S. Space Force for MILSATCOM sustainment, strengthening its defense and space backlog. Boeing To Receive Up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment
- Positive Sentiment: Boeing’s 2026 air-cargo forecast projects global freight traffic will double by 2045, supporting potential demand for nearly 3,000 new and converted freighters over the next two decades. Boeing Sees Air Cargo Traffic Doubling By 2045
- Positive Sentiment: Growth in satellite reconnaissance, driven by defense spending, synthetic-aperture radar and artificial intelligence, provides a favorable long-term backdrop for Boeing’s space and defense activities. Global Satellite Reconnaissance Market Size, Trends and Forecast Report 2026
- Neutral Sentiment: Analysts at Susquehanna added coverage or otherwise expressed support for Boeing, but the broader analyst reaction remains mixed. Boeing Stock Picked Up by Analysts at Susquehanna
- Negative Sentiment: Boeing’s quarterly EPS loss of $0.34 missed the consensus loss estimate of $0.25. Although revenue exceeded expectations and increased year over year, the earnings shortfall renewed concerns about execution and profitability.
- Negative Sentiment: Analysts at JPMorgan, Baird, Morgan Stanley, Wells Fargo and TD Cowen lowered their Boeing price targets or issued cautious forecasts, signaling reduced confidence in the pace of the turnaround. Boeing Stock Price Target Cut by Morgan Stanley
- Negative Sentiment: Recent commentary argues that Boeing’s anticipated $10 billion cash-flow recovery has been pushed out, making the company’s high leverage and balance-sheet weakness more important to investors. Boeing: A $10 Billion Cash Flow Dream Delayed
- Negative Sentiment: A law firm is investigating potential securities-law violations, adding headline and litigation risk, although no wrongdoing has been established. Kaplan Fox Investigation
Analyst Upgrades and Downgrades
BA has been the subject of a number of recent analyst reports. DZ Bank restated a “buy” rating on shares of Boeing in a research report on Thursday, August 6th. Needham & Company LLC started coverage on Boeing in a report on Wednesday. They set a “hold” rating on the stock. Bank of America reiterated a “buy” rating and set a $270.00 target price on shares of Boeing in a report on Friday, September 18th. Langenberg & Company set a $250.00 target price on Boeing in a research note on Tuesday, October 27th. Finally, BNP Paribas Exane upgraded Boeing to a “neutral” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $246.92.
Boeing Stock Down 0.1%
Boeing stock opened at $171.41 on Monday. The stock has a market capitalization of $135.83 billion, a PE ratio of 18.65 and a beta of 1.26. The Boeing Company has a twelve month low of $165.01 and a twelve month high of $254.35. The company has a quick ratio of 0.34, a current ratio of 1.13 and a debt-to-equity ratio of 6.31. The company has a 50 day moving average of $196.12 and a 200-day moving average of $217.21.
Boeing (NYSE:BA – Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.09). Boeing had a negative return on equity of 42.40% and a net margin of 7.98%. The company had revenue of $24.19 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same period in the prior year, the company earned ($7.47) EPS. The firm’s revenue was up 3.9% on a year-over-year basis. On average, equities research analysts anticipate that The Boeing Company will post -1.72 EPS for the current fiscal year.
Boeing Company 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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