Kentucky Retirement Systems Increases Stake in The Boeing Company $BA

Kentucky Retirement Systems grew its position in The Boeing Company (NYSE:BA) by 25.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 57,078 shares of the aircraft producer’s stock after purchasing an additional 11,580 shares during the quarter. Kentucky Retirement Systems’ holdings in Boeing were worth $11,360,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BA. Revolve Wealth Partners LLC bought a new position in Boeing in the 4th quarter valued at approximately $201,000. Sivia Capital Partners LLC raised its stake in shares of Boeing by 16.5% in the second quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock worth $320,000 after purchasing an additional 217 shares during the last quarter. AXA S.A. lifted its holdings in shares of Boeing by 1,225.7% during the second quarter. AXA S.A. now owns 34,655 shares of the aircraft producer’s stock valued at $7,261,000 after purchasing an additional 32,041 shares in the last quarter. Ieq Capital LLC lifted its holdings in shares of Boeing by 243.8% during the second quarter. Ieq Capital LLC now owns 33,485 shares of the aircraft producer’s stock valued at $7,016,000 after purchasing an additional 23,746 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its position in shares of Boeing by 4.2% during the second quarter. Alliancebernstein L.P. now owns 1,334,451 shares of the aircraft producer’s stock valued at $279,608,000 after buying an additional 53,736 shares during the last quarter. Institutional investors own 64.82% of the company’s stock.

Insider Activity at Boeing

In other Boeing news, Director Bradley D. Tilden purchased 1,370 shares of Boeing stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average price of $218.50 per share, with a total value of $299,345.00. Following the transaction, the director directly owned 1,370 shares of the company’s stock, valued at $299,345. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

BA has been the subject of several research analyst reports. Morgan Stanley lifted their price objective on Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. Wolfe Research restated an “outperform” rating and set a $275.00 target price on shares of Boeing in a research note on Thursday, April 23rd. Robert W. Baird set a $300.00 price target on shares of Boeing in a report on Wednesday. UBS Group reiterated a “buy” rating on shares of Boeing in a research note on Wednesday. Finally, Btg Pactual set a $260.00 price objective on shares of Boeing in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $264.42.

Boeing Stock Performance

Shares of BA opened at $214.28 on Thursday. The company has a debt-to-equity ratio of 6.77, a current ratio of 1.14 and a quick ratio of 0.35. The Boeing Company has a one year low of $176.77 and a one year high of $254.35. The firm has a market capitalization of $168.92 billion, a P/E ratio of 92.76 and a beta of 1.21. The business has a fifty day moving average of $219.17 and a 200 day moving average of $224.07.

Boeing (NYSE:BA) last posted its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.42). The firm had revenue of $24.56 billion during the quarter, compared to the consensus estimate of $24.26 billion. Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The firm’s revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($1.24) EPS. As a group, sell-side analysts anticipate that The Boeing Company will post -0.33 EPS for the current year.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Revenue rose 8% year over year to $24.6 billion, beating consensus estimates, while Boeing delivered 171 commercial aircraft—the highest quarterly total since 2018. The company also generated approximately $631 million in free cash flow and reaffirmed its full-year guidance for $1 billion to $3 billion of free cash flow. Boeing posts larger-than-expected Q2 loss as Air Force One costs rise
• Positive Sentiment: Boeing’s total backlog reached a record $715 billion, including more than 6,200 commercial aircraft. Management also pointed to higher production, progress toward aircraft certifications and improving cash generation as evidence that its turnaround is gaining traction. BA Q2 Earnings Call Highlights Production Ramp, Certification Progress
• Positive Sentiment: JPMorgan raised its Boeing price target to $290 from $270 and maintained an “overweight” rating, citing potential benefits from production growth, certifications and cash-flow improvement. JPMorgan Boeing price target update
• Neutral Sentiment: RBC lowered its price target to $265 from $275 but retained an “outperform” rating, indicating continued long-term confidence while reflecting near-term execution concerns. RBC Boeing price target update
• Negative Sentiment: Boeing reported a core loss of $0.76 per share, significantly worse than the expected $0.34 loss. A $280 million additional charge on the delayed Air Force One replacement program pushed the defense business into an operating loss and underscored continuing fixed-price contract problems. Boeing Q2 loss and Air Force One costs
• Negative Sentiment: The FAA flagged improperly installed seats on hundreds of 737 MAX aircraft, requiring inspections and potential corrective work. The issue is financially limited but adds to Boeing’s safety and quality-control overhang. FAA seat installation issue
• Negative Sentiment: Investors are also assessing longer-term competitive risk from JetZero’s government-backed blended-wing aircraft program, which could challenge Boeing’s position in future commercial and defense markets. JetZero blended-wing aircraft

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.