M Holdings Securities Inc. Acquires New Stake in The Boeing Company $BA

M Holdings Securities Inc. bought a new position in The Boeing Company (NYSE:BA) in the third quarter, HoldingsChannel reports. The firm bought 4,020 shares of the aircraft producer’s stock, valued at approximately $715,000.

Several other large investors have also recently modified their holdings of BA. Jupiter Topco LLC purchased a new stake in Boeing during the 2nd quarter valued at $911,878,000. Bank of New York Mellon Corp bought a new stake in Boeing in the second quarter worth $747,763,000. Legal & General Group Plc bought a new stake in Boeing in the second quarter worth $710,816,000. Deutsche Bank AG purchased a new position in Boeing during the second quarter worth $539,456,000. Finally, Swiss National Bank boosted its stake in Boeing by 7.6% during the first quarter. Swiss National Bank now owns 2,298,077 shares of the aircraft producer’s stock worth $457,386,000 after buying an additional 163,000 shares during the period. Institutional investors own 64.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BA. Bank of America reiterated a “buy” rating and set a $270.00 price objective on shares of Boeing in a research report on Friday, September 18th. Btg Pactual set a $260.00 target price on shares of Boeing in a report on Tuesday, July 14th. TD Cowen lowered their target price on shares of Boeing from $240.00 to $210.00 and set a “buy” rating for the company in a report on Wednesday, October 28th. BNP Paribas Exane raised shares of Boeing to a “neutral” rating in a research note on Wednesday, October 28th. Finally, Robert W. Baird cut their price target on shares of Boeing from $300.00 to $230.00 and set an “outperform” rating on the stock in a report on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $247.88.

Boeing Price Performance

Shares of BA stock opened at $173.37 on Wednesday. The stock has a 50 day moving average price of $190.95 and a 200 day moving average price of $214.64. The Boeing Company has a 52-week low of $165.01 and a 52-week high of $254.35. The company has a debt-to-equity ratio of 6.31, a quick ratio of 0.34 and a current ratio of 1.13. The firm has a market capitalization of $137.39 billion, a P/E ratio of 18.86 and a beta of 1.34.

Boeing (NYSE:BA) last announced its quarterly earnings data on Tuesday, October 27th. The aircraft producer reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.09). Boeing had a net margin of 7.98% and a negative return on equity of 42.40%. The business had revenue of $24.19 billion during the quarter, compared to the consensus estimate of $23.95 billion. During the same period last year, the company earned ($7.47) EPS. The business’s revenue was up 3.9% compared to the same quarter last year. As a group, sell-side analysts predict that The Boeing Company will post -1.84 earnings per share for the current year.

Insider Buying and Selling at Boeing

In related news, Director Steven Mollenkopf bought 2,950 shares of the stock in a transaction dated Friday, October 30th. The stock was purchased at an average cost of $173.03 per share, with a total value of $510,438.50. Following the completion of the purchase, the director owned 6,717 shares of the company’s stock, valued at $1,162,242.51. This trade represents a 78.31% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mortimer Buckley bought 5,820 shares of the stock in a transaction dated Friday, October 30th. The shares were bought at an average cost of $171.55 per share, with a total value of $998,421.00. Following the completion of the purchase, the director directly owned 10,250 shares of the company’s stock, valued at approximately $1,758,387.50. This trade represents a 131.38% increase in their position. The SEC filing for this purchase provides additional information. 0.10% of the stock is currently owned by company insiders.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing recorded its strongest October aircraft orders since 1997, a sign of solid demand that could support its longer-term production backlog. Article: Boeing posts strongest October aircraft orders since 1997
• Neutral Sentiment: A Boeing executive said the company will stay close to the factory floor to obtain candid safety information. The focus on safety may support oversight, though the report gives no new operational changes or financial targets. Article: Boeing to stay close to factory floor for tough safety information, exec says
• Negative Sentiment: October jet deliveries fell 14% and were down from both the prior month and year-earlier period, trailing Airbus’s tally. Fewer deliveries can delay revenue and cash collection, making this a near-term execution concern despite strong orders. Article: Boeing jet deliveries drop 14% in October
• Negative Sentiment: Boeing plans to cut about 5% of its Commercial Airplanes workforce—roughly 2,500 employees—through layoffs and attrition. Management cited slower-than-expected production growth and overstaffing. The cuts may reduce costs, but they also underscore delays in ramping up aircraft output and weighed on sentiment. Article: Boeing to cut 5% of commercial airplane workforce as production increase is slower than expected

Boeing Profile

The Boeing Company is an aerospace manufacturer that designs, builds and supports commercial airplanes, defense products and space systems. Its commercial aircraft include the 737, 767, 777 and 787 families, which serve passenger and cargo operators around the world. Boeing’s defense, space and security business supplies military aircraft, helicopters, weapons, satellites and related systems, as well as services for government customers. Its Boeing Global Services business provides support such as maintenance, parts, training and logistics for commercial and government customers.